On July 17, 2020, Mr. Jianxin Zhang resigned from his appointment as chief executive officer of China Liberal Education Holdings Limited effective immediately. Mr. Zhang’s resignation is not as a result of any disagreement with the Company relating to its operations, policies or practices. The Board has accepted Mr. Zhang’s resignation. Mr. Jianxin Zhang will continue to act as deputy general manager of China Liberal (Beijing) Education Technology Co. Ltd. (“China Liberal Beijing”), a PRC limited liability company and the operating subsidiary of the Company, responsible for the operation and management of China Liberal Beijing under the supervision of Ms. Lam Ngai Ngai. On July 17, 2020, Ms. Lam Ngai Ngai was elected as the chief executive officer of the Company, to assume such offices upon the departure of Mr. Jianxin Zhang. Ms. Lam will not receive any compensation to serve as director, chairperson of the Board or chief executive officer of the Company. Ms. Lam Ngai Ngai, age 52, has served as the chairperson of China Liberal Beijing since January 2015. She has over 25 years of experience in business and has led the growth of China Liberal Beijing since 2015, growing it from a company solely focused on Sino-foreign jointly managed academic programs to one that provides comprehensive educational services with multiple business lines.