The board of directors of Boyaa Interactive International Limited announced that with effect from 19 April 2024, Mr. Ma Jingchun has been appointed as an independent non-executive Director. Mr. Ma Jingchun aged 35, has been appointed as an independent non-executive Director, and a member of each of the audit committee, nomination committee and remuneration committee of the Company with effect from 19 April 2024. Mr. Ma has approximately 10 years of relevant experience in financial analysis and management.

From September 2014 to September 2017, Mr. Ma worked in Shenzhen Branch of China Merchants Bank Co. Ltd. and The Stock Exchange of Hong Kong Limited where he was responsible for inter-bank financing and the management of retail financing. From October 2017 to December 2022, Mr. Ma served as a team manager of corporate banking for business units in Shenzhen Branch of Bank of Shanghai Co.

Ltd. where he was responsible for financial analysis and financing management of large and medium-sized enterprises. From December 2022 to June 2023, Mr. Ma served as the team head of credit products of retail financing in Shenzhen Branch of Shanghai Pudong Development Bank Co. Ltd. where he was responsible for financial analysis and credit management of retail financing.

Mr. Ma has joined Far East Horizon Limited since July 2023 and had worked as a chief analyst in various provinces and regions, responsible for the team's financial analysis and related business management. Currently, he is working as a provincial analyst of finance related business in Far East Horizon and its subsidiaries and is responsible for the finance analysis and related business management of the team. Mr. Ma has served a number of companies related to the Web3 industry and provided corporate finance and financial consulting and related guidance.

Mr. Ma obtained a bachelor's degree in economics majoring in finance from Wuhan College of Zhongnan University of Economics and Law and a master's degree in law majoring in fundamental principles of Marxism from Zhongnan University of Economics and Law in June 2011 and June 2014, respectively. The Board also announced that Mr. Kong Fanwei retired as an independent non-executive Director with effect from the conclusion of the annual general meeting of the Company held on 19 April 2024 due to personal career arrangements. Subsequent to the retirement of Mr. Kong, he also ceased to be a member of each of the audit committee, nomination committee and remuneration committee of the Company.

The Board announced that Mr. Ma has been appointed as a member of each of the audit committee, nomination committee and remuneration committee of the Company, with effect from 19 April 2024.