Jiuzi Holdings, Inc. On April 21, 2023, Mr. Richard Chen notified Jiuzi Holdings Inc. of his intent to resign as a board member of the Company, effective April 21, 2023. On April 21, 2023, Mr. Junjun Ge notified the Company of his intent to resign as a board member of the Company, effective April 21, 2023. Appointment of Directors On April 21, 2023, the Board of Directors approved resolutions approving Mr. Yi Zhu and Mr. Zhenhao Qiu as directors of the Board, effective as of April 21, 2023, immediately following the resignation of the two individuals.

Mr. Yi Zhu, 36 years old, has served as a Consultant of Yueyang Municipal Commission of Industry and Information Technology SME Service Platform since 2016. Prior to that, Mr. Zhu served as a professional manager at Hunan Zhihai Investment Consulting Co. Ltd. from 2012 until 2014.

From 2011 to 2012, Mr. Zhu served as Project Manager at Changsha Yubang Software Development Co. Ltd. From 2010 to 2011, Mr. Zhu served as a paralegal in a Chinese law firm, Hunan Yubang Law Firm. Mr. Zhu earned a bachelor's degree in Marketing from the Central South niversity of Forestry & Technology in China.

Mr. Zhenhao Qiu, 40 years old, has served as General Manager of Sales of Puzhi City Investment & Operation (Shenzhen) Co. (“Puzhi”) since November 2022. At Puzhi, Mr. Qiu formulates development and sales strategies, annual plans and budgets for investment operations.

Mr. Qiu also analyzes market and competitors and develops sales performance assessment indicators and reports. Prior to Puzhi, Mr. Qiu served as Deputy Sales Manager of Shenzhen Jinwo Technology Co. (“Shenzhen Jinwo”) between February 2022 and October 2022.

At Shenzhen Jinwo, Mr. Qiu ensured that the sales performance would meet the target expectations. In addition to this, Mr. Qiu maintained good cooperative relationships with relevant departments and government agencies. From April 2016 to January 2022, Mr. Qiu served as Deputy General Manager of Shenzhen Jinheng Construction Engineering Co.

As Deputy General Manager, Mr. Qiu assisted the general manager with leading the overall operation and management of the company. Mr. Qiu supervised and guided the work of the company's projects and ensured the smooth progress of said projects. Mr. Qiu also managed the company's work teams and promoted the company's business development.

Mr. Qiu earned a bachelor's degree in Business Administration and a master's degree in Software Engineering from the Central South University in China.