The board of directors of Strawbear Entertainment Group announced that Mr. Wong Keith Shing Cheung has tendered his resignation as the joint company secretary of the Company (the "Joint Company Secretary") and has ceased to act as (i) an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"); and (ii) an authorized representative of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) for the acceptance of service of process and notices on behalf of the Company in Hong Kong (the "Process Agent") with effect from March 25, 2022. The Board announced that Ms. Zhang Xiao ("Ms. Zhang") has been appointed as the Joint Company Secretary, Authorised Representative and Process Agent in replacement of Mr. Wong with effect from March 25, 2022.