The board (Board) of directors of Zall Smart Commerce Group Ltd. (Company) announced that as Mr. Wei Zhe, David (Mr. Wei) wishes to devote more time to his other personal commitments, he has decided not to renew his service contract with the Company upon the expiry of term and has resigned as an executive Director with effect from 1 January 2023. Mr. Wei has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.