Zall Smart Commerce : RESIGNATION OF EXECUTIVE DIRECTOR AND CHANGE OF MEMBERSHIP OF RISK MANAGEMENT COMMITTEE AND AUTHORISED REPRESENTATIVE

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Zall Smart Commerce Group Ltd.

卓 爾 智 聯 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2098)

RESIGNATION OF EXECUTIVE DIRECTOR

AND

CHANGE OF MEMBERSHIP OF RISK MANAGEMENT COMMITTEE AND

AUTHORISED REPRESENTATIVE

RESIGNATION OF EXECUTIVE DIRECTOR

The board (the ''Board'') of directors (''Director(s)'') of Zall Smart Commerce Group Ltd. (the ''Company'') announces that Ms. Min Xueqin (''Ms. Min'') has resigned as an executive Director, a member of the risk management committee of the Company (the ''Risk Management Committee''), and an authorised representative of the Company (''Authorised Representative'') under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'') with effect from 30 April 2021 due to her intention to devote more time in her other commitments.

Ms. Min has confirmed that she has no disagreement with the Board and there is no matter in respect of her resignation which needs to be brought to the attention of the shareholders of the Company and the Stock Exchange. The Board would like to express its sincere gratitude to Ms. Min for her significant contribution to the development of the Company during her tenure of office.

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CHANGE OF MEMBERSHIP OF RISK MANAGEMENT COMMITTEE AND AUTHORISED REPRESENTATIVE

The Board also announces that following the resignation of Ms. Min, Mr. Qi Zhiping, an existing executive Director, has been appointed as a member of the Risk Management Committee and an Authorised Representative under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange, in replacement of Ms. Min with effect from 30 April 2021.

By Order of the Board

Zall Smart Commerce Group Ltd.

Yan Zhi

Co-chairman

Hong Kong, 30 April 2021

As at the date of this announcement, the Board comprises seven members, of which Mr. Yan Zhi, Dr. Gang Yu, Mr. Wei Zhe, David and Mr. Qi Zhiping are executive Directors; Mr. Cheung Ka Fai, Mr. Wu Ying and Mr. Zhu Zhengfu are independent non-executive Directors.

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