The Board of Raily Aesthetic Medicine International Holdings Limited announced that on 28 December 2021, Mr. Yu Kai resigned as an executive Director with immediate effect, due to his personal pursuits. Mr. Yu has confirmed to the Company that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board announced that with effect from 28 December 2021, Mr. Wang Ying has been appointed as an executive Director. Mr. Wang Ying joined the Group in October 2008 and had over 13 years of experiences in the aesthetic medical industry. From July 2020 to December 2020, he was appointed as a manager of Hangzhou Lingmao Cloud Technology Co. Ltd. From January 2021 and as of the date hereof, he acts as the general manager of the business development department of Hangzhou Raily Beauty Consultation Co. Ltd.