Four Seasons Education (Cayman) Inc. announced the appointment of Mr. Bing Yuan as an independent director to the Company's board of directors (the "Board"), effective July 1, 2020. Mr. Yuan will serve as the chairman of the compensation committee and the nominating and corporate governance committee and a member of the audit committee. Mr. Dele Liu has resigned as an independent director due to personal reasons, effective July 1, 2020. Mr. Yuan is the Chief Operating Officer of Hony Capital and a member of Hony Capital's Executive Committee, responsible for its equity investment operations. Prior to joining Hony Capital, Mr. Yuan served as a managing director of the Special Situation Group of Morgan Stanley Asia Limited from 2008 to 2009.