The board of directors of GOGOX HOLDINGS LIMITED announced that: Mr. Chen Xiaohua (Mr. Chen) has resigned as the chairman of the Board (Chairman), and an executive Director with effect from December 19, 2023 due to his other business commitments. Following the resignation of Mr. Chen, he also ceases to be a member of the nomination committee of the Company (Nomination Committee) and no longer holds any position in the Group. Ms. Yu Wing Sze (Ms. Yu) has resigned as the company secretary of the Company (Company Secretary) and an authorized representative of the Company for acceptance of service of process and notices on behalf of the Company in Hong Kong under Rule 19.05(2) of the Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (Process Agent) with effect from December 23, 2023.

Ms. Ho Wing Nga ("Ms. Ho") has been appointed as the Company Secretary and the Process Agent with effect from December 23, 2023. Ms. Ho has over 25 years of experience in corporate governance services. She obtained a master's degree in corporate governance from the Hong Kong Polytechnic University.

Ms. Ho is a fellow of both the Hong Kong Chartered Governance Institute (HKCGI) and The Chartered Governance Institute. She is also a holder of the practitioner's endorsement of HKCGI and a member of The Hong Kong Institute of Directors. Each of Mr. Chen and Ms. Yu has resigned and ceases to act as an authorized representative of the Company (Authorized Representative) under Rule 3.05 of the Listing Rules with effect from December 19, 2023 and December 23, 2023, respectively.

Ms. Ho has been appointed as the Authorized Representative with effect from December 23, 2023. Mr. Ni Zhengdong (Mr. Ni) has resigned as an independent non-executive Director with effect from December 19, 2023 due to his other business commitments. Following the resignation of Mr. Ni, he also ceases to be a member of the audit committee of the Company (Audit Committee), a member of the Remuneration Committee of the Company (Remuneration Committee) and the chairman of the Nomination Committee.

With effect from December 19, 2023, the composition of the Board committees will be changed as follows: Audit Committee: Upon Mr. Ni's resignation as an independent non-executive Director, he ceases to act as a member of the Audit Committee. Mr. Leung Ming Shu ("Mr. Leung") has been appointed as a member of the Audit Committee. Remuneration Committee: Upon Mr. Ni's resignation as an independent non-executive Director, he ceases to act as a member of the Remuneration Committee.

Ms. Mi Wenjuan (Ms. Mi) has been appointed as a member of the Remuneration Committee. Nomination Committee: Upon Mr. Ni's resignation as an independent non-executive Director, he ceases to act as the chairman of the Nomination Committee. Upon Mr. Chen's resignation as the Chairman and an executive Director, he ceases to act as a member of the Nomination Committee.

Ms. Mi has been appointed as the chairwoman of the Nomination Committee. Each of Mr. He Song and Mr. Zhao Hongqiang has been appointed as a member of the Nomination Committee.