The board of directors of Tongdao Liepin Group announced that Mr. Zuo Lingye has tendered his resignation as a non-executive Director on 15 September 2022, with effect from the same day. Accordingly, Mr. Zuo has ceased to be a member of the audit committee of the Company. Mr. Zuo has resigned due to his other work commitment which requires more of his dedication.

He has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. Mr. Zuo has performed his duties diligently and conscientiously since he joined the Board in March 2018 and has made important contributions in areas including corporate governance, operation of the Board, development strategy, risk management as well as corporate social responsibility fulfilment of the Company. Following the resignation of Mr. Zuo, Mr. Zhang Ximeng, an existing independent non- executive Director, has been appointed as a member of the Audit Committee with effect from 15 September 2022 to fill the vacancy left by Mr. Zuo.