Roan Holdings Group Co., Ltd. announced that on n September 27, 2023, Mr. Xiaoliang Liang resigned as Independent Director, Chair of the Nominating and Corporate Governance Committee and all other committee positions of the board of directors of Roan Holdings Group Co, Ltd. (the ?Company?) due to personal reasons, effective September 27, 2023. Mr. Liang?s decision to resign was not the result of any disagreement with the Company, any matter related to the Company?s operations, policies or practices, the Company?s management, or the Company?s board of directors (the ?Board?). The Company?s Nominating and Corporate Governance Committee recommended Mr. Michael Fowler, age 63, to serve as Independent Director and Chair of the Nominating and Corporate Governance Committee of the Board, and the Board approved Mr. Fowler?s election on September 27, 2023.

Mr. Fowler has decades of experience in international relations and cross-border business transactions, with education from the United States Military Academy at West Point, the University of Hawaii, and the Sophia University Graduate School. Mr. Fowler has extensive experience with small to medium-sized enterprises operating in the Asian market and has been involved in a wide variety of industry groups, including his role as Executive Director of the World Trade Center Tacoma.