Effective January 14, 2019, the board of directors of Cosmos Group Holdings Inc. approved the amendment of Section 3.2 of the Bylaws of the Company to conform with the provisions of its First Amended and Restated Articles of Incorporation. Specifically, the first sentence of Section 3.2 of the bylaws which read: The authorized number of directors shall be three (3); provided, however, that if the corporation has less than three shareholders entitled to vote for the election of directors, the board of directors may consist of a number of individuals equal to or greater than the number of those shareholders. The board of directors shall consist of at least one (1) individual and not more than thirteen (13) individuals. Concurrently, the board increased the size of the board to eight (8) individuals and appointed Chio Meng LEUNG to serve as an independent director of the company until his successor shall be duly elected or appointed, unless he resigns, is removed from office or is otherwise disqualified from serving as a director or officer of the Company. Chio Meng LEUNG, age 51, is the authorized commercial representative of the city state of Monobamba in the province of Junin, Peru, and is responsible for promoting the development of Peruvian mining and agriculture in China. Since 2017, he has served as the Director of Cooperativa Agraria Cafelatera de Valle Incariado.