The board of directors of Starrise Media Holdings Limited (the Company) announced that on 6 March 2020, the Board was notified by Mr. Wang Liangliang (Mr. Wang), being an independent non-executive Director, that he does not intend to renew the letter of appointment (the "Letter of Appointment") entered into between the Company and Mr. Wang and will resign as an independent non-executive Director, a member of the audit committee and the nomination committee, and the chairman of the remuneration committee of the Company with effect from 27 March 2020. Mr. Wang confirmed that his intention not to renew the Letter of Appointment was due to his intention to concentrate in his own business engagement, that he has no disagreement with the Board, and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company.