China Bright Culture Group announced that Mr. Zhang Yiwu ("Mr. Zhang") has tendered his resignation as an independent non-executive director of the Company with effect from 27 February 2023 due to his other personal commitment. Following his resignation, Mr. Zhang will cease to be the chairman of the remuneration committee of the Board (the "Remuneration Committee") and a member of each of the audit committee (the "Audit Committee") and the nomination committee of the Board. Mr. Zhang confirmed that he has no disagreement in any respect with the Board or the Company, and there is no matter relating to his resignation that should be brought to the attention of the shareholders of the Company.

and Ms. Yao Li ("Ms. Yao") has tendered her resignation as an independent non-executive director of the Company with effect from 27 February 2023 due to her other personal commitment. Following her resignation, Ms. Yao will cease to be a member of each of the Audit Committee and the Remuneration Committee with effect from 27 February 2023. Ms. Yao confirmed that she has no disagreement in any respect with the Board or the Company.

Save that the Company has not settled her director remuneration since February 2021, there is no other matter relating to her resignation that should be brought to the attention of the shareholders of the Company. Since the resignation of Mr. Zhang and Ms. Yao, the Company will have only two independent non-executive directors, the Audit Committee and the Remuneration Committee comprises only one members, and the Remuneration Committee does not have a chairman. The Company is endeavoring to identify a suitable candidate to fill the associated vacancies as soon as practicable within three months to ensure compliance with the relevant rules, and will make further announcement(s) as and when appropriate.