The board of directors of Kaisa Group Holdings Ltd. announced that Ms. Chen Shaohuan tendered her resignation as a non-executive Director and member of the audit committee of the Company with effect from 12 April 2024 due to her other personal business pursuits. Following the resignation of Ms. Chen, Mr. Liu Xuesheng, an independent non-executive Director, was appointed as a member of the Audit Committee with effect from 12 April 2024.