August 15, 2023, Mr. Dianjiang Wang resigned as the chief financial officer of Singularity Future Technology Ltd. Mr. Wang?s decision did not result from any disagreement with the Company relating to its operations, policies, or practices. On August 21, 2023, the Company entered into an employment agreement with Mr. Ying Cao to serve as the chief financial officer of the Company, effective immediately, with a term of one year. Under the employment agreement, Mr. Ying Cao?s compensation shall consist of an annual base salary of $60,000 and a discretionary annual bonus.

The employment agreement. Mr. Ying Cao has served as the department manager and quality control manager at Shaanxi Huaqiang Certified Public Accountants Co. Ltd. since 2015.

Prior to that, he served as a project manager in Sigma Accounting Firm from 2007 to 2014. Mr. Cao obtained his bachelor?s degree in accounting from Xi?an University of Finance and Economics. Mr. Cao does not have any family relationships with any of the Company?s directors or executive officers.