First High-School Education Group Co., Ltd. announced on December 30, 2021, the board of directors approved the appointment of Mr. Tommy Zhou (“Mr. Zhou”), the Company's chief financial officer, as a director of the Board, effective from December 31, 2021. Mr. Lidong Zhu (“Mr. Zhu”), a director of the Board and a member of the audit committee of the Board, has resigned from the Board and the Audit Committee, effective from December 31, 2021. Mr. Zhu's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

Upon the effectiveness of Mr. Zhou's appointment and Mr. Zhu's resignation, the Board will consist of five directors, including two independent directors. Mr. Zhou brings with him over 10 years of capital market experience in top financial institutions. Prior to joining the Company, Mr. Zhou had served as the senior vice president at Tianfeng Securities Co., Ltd. from November 2020 to August 2021.

From July 2019 to October 2020, Mr. Zhou served as an associate director at China Innovative Capital Management Ltd. From July 2016 to July 2019, Mr. Zhou served as an investment manager at Sunshine Asset Management Corporation Limited. From June 2013 to June 2015, Mr. Zhou served at multiple positions, including the last position as a financial accountant at The Northwestern Mutual Life Insurance Company.