On June 17, 2022, Lucas Capetian resigned from the board of directors (“Board”) and from his position as the chief executive officer (the “CEO”) of Color Star Technology Co., Ltd. for personal reasons, effective June 17, 2022. Mr. Capetian's resignation did not result from any disagreement with the Company. On June 17, 2022, Biao Lu, the current Chief Artistic Officer of the Company, and Jehan Zeb Khan, the current director of the Company, were appointed as the Co-Acting CEOs to fill in the vacancy created by Mr. Capetian's resignation effective from June 17, 2022 until a new CEO is elected.

Biao Lu was also elected as the Director of the board with effect from June 17, 2022 until the Company's next annual meeting of shareholders and until his earlier death, resignation or removal.