The board of directors of Jimu Group Limited announces that the Board acknowledged on 5 May 2022 that Mr. Dong Jun has tendered his resignation as an executive Director and ceased to act as the chairman of the Board and the chairman of the nomination committee of the Board, Mr. Huang Zexiong has tendered his resignation as an executive Director and ceased to act as the chief executive officer and the compliance officer of the Company, the chairman of the risk management committee and a member of the remuneration committee of the Board; and Mr. Chen Zuze has tendered his resignation as an executive Director and ceased to act as a member of the risk management committee of the Board. The resignation of each of Mr. Dong, Mr. Huang and Mr. Chen was effective from 4 May 2022. Each of Mr. Dong, Mr. Huang and Mr. Chen informed the Company that their resignations were due to the desire to devote more time to their other work arrangements.