The board (Board) of directors of BExcellent Group Holdings Limited (Company, together with its subsidiaries, the Group) announced that with effect from 16 October 2020, Dr. Shen Simon (formerly known as Dr. Shen Xu Hui) (Dr. Shen) has resigned as a non-executive Director so as to devote attention and dedication to his new engagement with the Group concerning its overseas studies business. Dr. Shen will continue to serve the Group as Director for Overseas Studies, primarily focusing on managing and coordinating the concerted efforts, expertise and resources of the Group in the exploration and development of the business relating to overseas education and studies in various countries, including without limitation the United Kingdom, the United States of America and Australia, with effect from 16 October 2020.