The board of Guru Online (Holdings) Limited announced that Mr. Tso Ping Cheong, Brian has resigned as an independent non-executive Director; the chairman of the audit committee of the Company; and a member of the nomination committee of the Company with effect from 23 May 2023 due to his wish to devote more time to pursue his other business commitments. Mr. Tso confirmed to the Board that there is no disagreement between him and the Board and there is no matter relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. Following the resignation of Mr. Tso, the Board announced that: Mr. David Tsoi has been appointed as the chairman of the Audit Committee with effect from 23 May 2023, and; Mr. Bian Wen Cheng has been appointed as an independent non- executive Director and a member of each of the Audit Committee and the Nomination Committee with effect from 23 May 2023.

Mr. Bian, aged 70, has over 20 years of experiences in factory management, commercial insurance team management and the sales of insurance products. From 1980 to 2002, he had served as the factory director or legal representative of different enterprises respectively, where he was primarily responsible for administrative and management works. He passed the National Unified Examination for Enterprise Managers and Factory (Mine) Directors in 1986.

Mr. Bian was the manager of China Taiping Life Insurance Company's sales department at Dalian Development Area from 2002 to 2012, where he was primarily responsible for the works of departmental administrative management and the sales of insurance products. During his tenure of office, he was accredited as the Energetic Taiping Star in 2005, awarded the title of Elite of Organizational Development in 2007, as well as awarded the title of Dedicated Model in 2008 and he won the first place for standard premiums in the marketing department at Dalian Development Area in the same year. Mr. Bian has retired since 2012.