Redwood Group Ltd. announced changes to Audit Committee. Name of the previous position holder: Min-chiu Chien, Chin-huat Guok, Chia-shi Lo. Resume of the previous position holder: (1) Min-chiu Chien - CPA of ACTION & Co., CPAs, (2) Chin-huat Guok - Director of Campbelltown Asia Pte Ltd., (3) Chia-shi Lo - Chief Attorneys-at-law of Forum, Legal Professionals.

Name of the new position holder: Min-chiu Chien, Chia-shi Lo, Yu-chun Hsiao. Resume of the new position holder: (1) Min-chiu Chien - CPA of ACTION & Co., CPAs, (2) Chia-shi Lo - Chief Attorneys-at-law of Forum, Legal Professionals, (3) Yu-chun Hsiao - Private financial advisor. Reason for the change: Cooperate with the general re-election of directors (including independent directors) at the general meeting of shareholders, and the term of the new audit committee is the same as that of the new board of directors.

Effective date of the new member is June 27, 2022.