Akso Health Group announced that Mr. David Wei Tang, an independent director, chairman of the audit committee of the board of directors of the Company, member of the compensation committee and nominating & corporate governance committee of the Board, notified the Company of his resignation as a director for personal reasons, effective from June 7, 2022. Mr. Tang's resignation from the Board was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. The board of directors also announced the appointment of Mr. Stephen P. Brown, a current independent director of the Board, as chairman of the audit committee of the Board, member of the compensation committee and nominating & corporate governance committee of the Board, effective from June 7, 2022.

The board of directors also appointed Mr. Gerald (Jerry) T. Neal as a new independent director of the Board, chairman of the compensation committee of the Board, member of the audit committee and nominating & corporate governance committee of the Board, effective from June 7, 2022. Mr. Neal, has served as president of EightyEight Commodities Co since May 2011. From August 2005 to April 2011, he was vice president of Guangyi Group Inc. From August 1973 to August 2005, Mr. Neal served in various positions including personnel manager, safety & environmental manager, operations manager and worldwide sales manager at E.I. Dupont de Nemours Inc. Mr. Neal earned a Bachelor's degree from University of Georgia in 1973.