On September 29, 2020, Sharing Services Global Corporation's Board of Directors (the "Board") appointed Sassuan Lee to serve on the Board as a Class I Director to serve until the annual meeting of Shareholders in 2022, or until his successor is elected and qualified. The Board also appointed Frank D. Heuszel to serve on the Board as a Class II Director until the annual meeting of Shareholders in 2023, or until his successor is elected and qualified. These appointments serve to expand the Board from three to five Directors. Frank D. Heuszel currently serves as the Chief Executive Officer, Interim Chief Financial Officer, and as a Director on the Board of Document Security Systems Inc., a major shareholder of the Company. Mr. Heuszel has extensive expertise in a wide array of strategic, business, turnaround, and regulatory matters across several industries as a result of his executive management, educational, and operational experience. Mr. Sassuan Lee (also known as Samson Lee) co-founded STO Global X, a technology and service provider for security token exchange solutions. Mr. Lee is the Founder and CEO of Coinstreet Partners, an award-winning decentralized investment banking group and consultancy firm in the finance, media and technology field, providing a business eco-system for the new era of digital economy.