The board of Pizu Group Holdings Limited announced that with effect from 30 November 2021, Ms. Zhang Lin has resigned as an independent non-executive director, chairperson of audit committee and remuneration committee and a member of nomination committee, and with effect from 1 December 2021: (i) Ms. Liu Talin has resigned as an independent non-executive director, member of audit committee and remuneration committee, and chairperson of nomination committee; (ii) Ms. Zhang Jinghua has been appointed as an independent non-executive director, chairperson of audit committee and remuneration committee and a member of nomination committee, and (iii) Mr. Ha Suoku has been appointed as an independent non-executive director, chairperson of nomination committee, and member of audit committee and remuneration committee. Ms. Zhang, graduated from Georgia State University in May 2000 with a Master Degree in Accounting. She was licensed as a certified public accountant (inactive) in Richmond VA, the United States from October 2002. She has over 20 years of financial management experience. Mr. Ha, graduated from Department of Economics, Inner Mongolia University in July 1994. He has over 20 years of securities and futures investment experience.