The Board of Jacobio Pharmaceuticals Group Co., Ltd. announced that each of Dr. Shaojing HU ("Dr. Hu"), Dr. Ting FENG ("Dr. Feng") and Dr. Xiaoming WU ("Dr. Wu") has resigned from their positions as an executive Director, a non-executive Director and an independent non-executive Director, respectively, with effect from March 22, 2022. Accordingly, Dr. WU will cease to be a member of the Nomination Committee since March 22, 2022. Such resignations are due to their intentions to pursue other.

The Board announced that Dr. Ge WU, an independent non-executive Director, has been appointed as a member of the Nomination Committee in place of Dr. Wu with effect from March 22, 2022.