The board (the " Board ") of directors (the " Director(s) ") of Arrail Group Limited (the "Company") announced with the deepest sorrow that Mr. Zou Jianlong, an executive Director, has passed away due to health issues on January 2, 2024. Mr. Zou Jianlong became a member of the Board since March 2020. Mr. Zou Jianlong, during his term as an executive Director, performed his duties diligently and conscientiously, and made valuable contributions to the development of the Company.

After the passing away of Mr. Zou Jianlong, the current number of Directors decreased from seven to six. Saved as disclosed above, there is no change to the composition of the Board and the Board committees.