Mr. Tien Hsiang Chau, the chief financial officer of Regencell Bioscience Holdings Limited, a company incorporated under the laws of the Cayman Islands (the “Company”), resigned his position at the Company for family reasons, with effect from April 26, 2022. Mr. Chau's resignation was not a result of any disagreements with the Company or any of its subsidiaries and affiliates on any matter related to the operations, policies, or practices of the Company or any of its subsidiaries and affiliates. Mr. Chau will remain with the Company in an advisory role for a period of 24 months to assist with an orderly transition.

The Company has initiated a search for Mr. Chau's successor. The responsibilities of the chief financial officer are being assumed by Ms. Michelle Chan in her current role as financial controller of the Company until a new chief financial officer is appointed.