On March 31, 2023, Mr. Wayne Lee?s consulting agreement with Travelzoo expired. Mr. Lee was serving as the Chief Financial Officer of the Company pursuant to a six month consulting agreement that was extended by mutual agreement for an additional month. Effective March 31, 2023, the Company designated Ms. Lijun Qi, 53, Finance Director, to act as principal accounting officer while the search for a Chief Financial Officer is performed.

Ms. Qi is a Certified Public Accountant and has more than 20 years of continuous hands-on financial reporting and technical accounting experience with U.S. listed companies. Ms. Qi has been with the Company since December 2016 as its Finance Director. Prior to Travelzoo, Ms. Qi worked for IvenSense Inc. as Director, Financial Reporting and Technical Accounting from September 2014 and Meru Networks Inc. as Senior Manager, Financial Reporting, Technical Accounting and SOX Compliance from October 2010.

Ms. Qi has a Master of Science in accounting from Widener University and a Bachelor of Arts from Shenyang University.