On March 31, 2024, 2024, the holders of a majority of the outstanding shares of common stock, no par value of Inno Holdings Inc., by written consent, removed each of Xiaogang Zhang and Richard Haws without cause as directors on the Board of Directors of the Company, effective immediately.   The Departing Directors were independent directors of the Company and served on the Compensation Committee and the Audit Committee. On March 31, 2024, the holders of a majority of the outstanding shares of Common Stock of the Company, by written consent, elected each of Qiaowei Fang and Yihan Cai to the Board to fill the vacancies left by the Departing Directors and to hold such office until their resignation or removal, effective immediately.

  Mrs. Qiaowei Fang, age 43, currently serves as a Co-Founder and Senior Partner at the Grand Apartment Research Institute. From 2005 to 2021, she served as a Partner with the Green Business Forum Real Estate Marketing Agency. Mrs. Fang received her associate degree in Marketing from the Zhejiang Radio & TV University.

  Mr. Yihan Cai, age 29, currently serves as a Derivatives Trader at the Zhejiang Feiluo Capital Asset Management Co. Ltd. From 2019 to 2024, he served as a Business Assistant for Beauty Town Supply Chain Co; Ltd. Mr. Cai received his B.B.A. in Operations & Supply Chain Management and a minor in Finance from the University of Dayton in Ohio.   Qiaowei Fang is expected to serve on the Compensation Committee and Audit Committee, and Yihan Cai is expected to serve on the Compensation Committee and Audit Committee.