Ourgame International Holdings Limited announces that Mr. Liu Xueming, Mr. Wang Runqun and Ms. Xiao Yundan have tendered their resignations as non-executive Directors with effect from 7 May 2024 due to their other work commitments. Following the resignations of Mr. Liu and Mr. Wang, Mr. Liu shall also cease to be the acting chairman of the Board, a member of the audit committee of the Company and a member of the nomination and corporate governance committee of the Company and Mr. Wang shall also cease to be a member of the risk prevention and digital assets management committee of the Company. The Board announces that, upon the resignation of Mr. Liu, Mr. Lu Jingsheng, an executive Director, has been appointed as the chairman of the Board with effect from 7 May 2024.

Lu Jingsheng, aged 45, was re-designated as an executive Director and appointed as the chief executive officer of the Company since 1 May 2021. He was an independent non-executive Director from 30 June 2020 to 1 May 2021. Mr. Lu holds a bachelor degree of economics in international business administration from the University of International Business and Economics, and has the qualifications of American Certified Public Accountant, Chinese Certified Public Accountant and fund practice.

From February 2013 to June 2018, he served as a director of Zhejiang Sunriver Culture Co. Ltd. and the responsible person for the Beijing region of Xiamen XTone Animation Co. Ltd. From October 2001 to October 2010, he served as the audit manager at the audit department of Deloitte Touche Tohmatsu Certified Public Accountants Co.

Ltd. Beijing Branch and a senior auditor at the audit department of Deloitte's Boston Branch in the United States. Mr. Lu has also been a director of certain subsidiaries of the Company, including but not limited to AGAE, a non-wholly owned subsidiary of the Company. CHANGE IN COMPOSITION OF THE BOARD COMMITTEES Following the resignations of Mr. Liu, Mr. Wang and Ms. Xiao, the Board has decided to make the following changes to the composition of the Board committees: 1. Mr. Lu will become a member of the Nomination and Corporate Governance Committee, and be re-designated as the chairman of the Risk Prevention and Digital Assets Management Committee; 2. Mr. Zhang Li will become a member of the Risk Prevention and Digital Assets Management Committee; 3. Mr. Guo Yushi will become a member of the Risk Prevention and Digital Assets Management Committee and a member of the Audit Committee; and 4. Mr. Dai Bing will tender his resignation as the chairman of the Risk Prevention and Digital Assets Management Committee.