Grand Talents Group Holdings Limited would like to inform its shareholders and potential investors of the Board have resolved to serve a notice on Mr. Chen Tao ("Mr. Chen") to remove him as a non-executive director of the Company with effect from 2 March 2021 pursuant to Article 105(h) of the articles of association of the Company on the ground that Mr. Chen has failed to exercise his fiduciary duties as a non-executive director of the Company. Mr. Chen was appointed as a non-executive Director of the Company on 28 August 2020. He does not serve on any of the committees established by the Board. The Board considers that the removal of Mr. Chen as a non-executive director of the Company will not have any significant adverse impact on the Group's operations.