The board of directors of Sipai Health Technology Co., Ltd. announced that: due to commercial arrangement between the Company and SWCS Corporate Services Group (Hong Kong) Limited (SWCS), Ms. TSANG Wing Man ("Ms. Tsang"), as an employee of SWCS, has resigned as the joint company secretary of the Company (the "Joint Company Secretary") and ceased to act as the authorized representative of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (the "Authorized Representative") and the authorized representative of the Company for accepting on the Company's behalf service of process or notice to be served on the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent in Hong Kong") all with effect from March 13, 2023; Ms. LI Ching Yi ("Ms. Li") has been appointed as the Joint Company Secretary, the Authorized Representative and the Process Agent in Hong Kong all with effect from March 13, 2023, while Ms. REN Na ("Ms. Ren") will continue to act as the other Joint Company Secretary of the Company; and Ms. LI Ching Yi is a senior manager of the Listing Corporate Services Department of Trident Corporate Services (Asia) Ltd., a global professional services firm. She has over 10 years of professional experience in company secretarial field. She is currently a joint company secretary of Yidu Tech Inc. Pop Mart International Group Limited Acotec Scientific Holdings Limited and 3D Medicines Inc. (stock code: 1244), all of which are listed on the Stock Exchange.

Ms. Li is an associate member of The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators) in the United Kingdom and The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries). She obtained a bachelor's degree in social sciences in October 2011 from Lingnan University in Hong Kong and a master's degree in professional accounting and corporate governance in July 2015 from City University of Hong Kong in Hong Kong. Ms. REN Na, aged 45, was appointed as one of joint company secretaries in July 2021.

Ms. Ren joined in Group in July 2020 and has served as the general counsel since then. Prior to joining Group, Ms. Ren worked in the legal department of Hangzhou CPMC Co., Ltd. a subsidiary of CPMC Holdings Limited (a company listed on the Main Board of the Stock Exchange (Stock Code: 0906)) from May 2010 to October 2011. From November 2011 to November 2014, Ms. Ren served as the group legal manager of PAIG (China) Automobile Investment Co., Ltd. She then served as a legal specialist of ZhongAn Online P & C Insurance Co., Ltd. company listed on the Main Board of the Stock Exchange (Stock Code: 6060), from March 2017 to July 2020.

Ms. Ren obtained her bachelor's degree in international economic law from East China University of Political Science and Law in July 2000 and master's degree in international and transnational law from Chicago-Kent College of Law, Illinois Institute of Technology in the United States in May 2016.