The Board of Haier Healthwise Holdings Limited announced that with effect from 27 October 2016 Mr. Ye Tian Liu has resigned as an independent non-executive Director as he would like to devote more time to his other business commitments. Dr. Ko Peter, Ping Wah has resigned as an independent non-executive Director as he would like to devote more time to his other business commitments. Mr. Diao Yunfeng has resigned as a Co-Chairman of the Board and the Chief Executive of the company, and has been re-designated from an executive Director to a non-executive Director.

Mr. Lei Hong Wai, an executive Director, has been re-designated from a Co-Chairman of the Board to the Chairman of the Board. Mr. Lai Hok Lim has been appointed as an independent non-executive Director and Mr. Lien Wai Hung has been appointed as an independent non-executive Director. Mr. Diao has resigned as a member and the chairman of the nomination committee of the company.

Mr. Ye has resigned as a member of the audit committee and the nomination committee, and a member and the chairman of the remuneration committee of the company. Dr. Ko has resigned as a member of the audit committee, the nomination committee and the remuneration committee of the company. Mr. Lei has been appointed as the chairman of the nomination committee of the company.

Mr. Lai has been appointed as a member of the audit committee and the nomination committee, and a member and the chairman of the remuneration committee of the company. Mr. Lien has been appointed as a member of the audit committee, the nomination committee and the remuneration committee of the company. The Board further announced that Mr. Leung Lun, M.H. and Ms. Fang Fang have ceased to act as the authorised representatives of the company, and Mr. Lei Hong Wai and Mr. Cheung Kwok Wai Elton have been appointed as the authorised representatives of the company with effect from 27 October 2016.