SM Entertainment confirmed on April 4th that Wendy and Yeri will be leaving the company after the expiration of their exclusive contracts. The company expressed their support for the two artists' new beginnings, mentioning that they will still be involved in Red Velvet's group activities under SM. Wendy and Yeri had debuted with Red Velvet in 2014 and 2015, respectively, and have been active in various areas beyond group promotions. While Seulgi, Irene, and Joy had renewed their contracts with SM, Wendy and Yeri's contract status had been uncertain, causing speculation among fans in recent times. As they venture onto new paths, fans are celebrating their contributions and showing support for their solo endeavors and ongoing activities with Red Velvet. SM Entertainment's statement highlights their appreciation for the time spent with Wendy and Yeri, mentioning continued support for their future endeavors and requesting ongoing interest in Red Velvet's journey.