The board of directors (the ‘Board’) of Phoenix Media Investment (Holdings) Limited (the ‘Company’) announced that Mr. HUANG Tao (‘Mr. HUANG’) has tendered his resignation as a non-executive director, member of audit committee and risk management committee of the Company due to other work arrangement, with effect from 19 March 2021. The Board also announced that Ms. WANG Haixia (‘Ms. WANG’) has been appointed as a non-executive director, member of audit committee and risk management committee of the Company with effect from 19 March 2021. Ms. WANG Haixia is currently the Deputy Executive President of Bank of China Group Investment Limited (‘BOCGI’) since November 2020.