The Board of Forgame Holdings Limited announced that with effect from 8 December 2023: Mr. Han Jun has resigned as a non-executive Director and ceased to be a member of the Remuneration Committee; Mr. Wang Wenpeng has been appointed as a non-executive Director and a member of the Remuneration Committee; Mr. Wang, aged 47, has over 20 years of experience in the internet industry. Mr. Wang worked as senior vice president at Xunlei Limited from 2016 to 2022, the shares of which are listed on NASDAQ, and as manager of cloud service department at JOYY Inc. from 2012 to 2016, the shares of which are listed on NASDAQ. He also worked as the manager of e-commerce department at Tencent Holdings Limited from 2005 to 2006, the shares of which are listed on the Stock Exchange and as senior software engineer of Yahoo China from 2004 to 2005, the shares of which are listed on NASDAQ.

The Board hereby announced that with effect from 8 December 2023: Mr. Han has ceased to a member of the remuneration committee of the Board (the "Remuneration Committee"); and Mr. Wang has been appointed as a member of the Remuneration Committee.