On February 27, 2022, the board of directors of TIAN RUIXIANG Holdings Ltd. appointed Ms. Ning Wang as an independent director and the chairperson of the nominating and corporate governance committee of the Company, effective immediately. Ms. Wang has experience in corporate governance and management. Since October 2013, she has served as the chief financial officer and a director of Beijing Ningyi Culture Development Co.

Ltd., responsible for the operation and financial management of the Company.