On August 25, 2021, Mr. Junfeng Wang submitted to the Board of Director his letter of resignation as the Chief Executive Officer of Roan Holdings Group Co, Ltd. On August 25, 2021, the Board and the Nominating Committee of the Registrant appointed Mr. Zhiyong Tang as its CEO, effective immediately. Mr. Zhiyong Tang is currently serving as President of Zhejiang Lixin Enterprise Management Group Co., Ltd. Prior to that, Mr. Tang served as General Manager of Zhejiang Jing Yu Xin Financing Guarantee Co., Ltd. from 2015 to 2018; President of Zhongchuang International Finance Leasing Co., Ltd. from 2013 to 2015; Executive Vice President of China Financial Services Holdings Ltd. from 2010 to 2012; General Manager of Huale Tongda (Beijing) International Investment Management Registrant from 2004 to 2010. In addition, Mr. Tang worked in the Northern Investment Group Co., Ltd. from 1999 to 2004.