Ausnutria Dairy Corporation Ltd. announced that Mr. Qiu Weifa resigned as an independent non-executive Director with effect from 19 January 2016 as he would like to devote his time to his other engagements. Upon his resignation, Mr. Qiu also ceased to be a member of the audit committee, the remuneration committee and the nomination committee of the Board with effect from January 19, 2016. The Board also announced that with effect from 19 January 2016: Mr. Tsai Chang-Hai has been appointed as a non-executive Director; Ms. Ho Mei-Yueh ("Ms. Ho") has been appointed as an independent non-executive Director, a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; and Mr. Zeng Xiaojun has been appointed as a non-executive Director.

Mr. Tsai has extensive knowledge and expertise in the biomedical areas. Mr. Tsai is the founder and chairman of Asia University. Ms. Ho has over 30 years of experience of working as a government officer in Taiwan, with a focus on economic affairs.

Ms. Ho was the Minister of Ministry of Economic Affairs Taiwan from May 2004 to January 2006. Mr. Zeng has extensive knowledge and expertise in the biotechnology industry. He served as senior management of several pharmaceutical companies, namely China Resource Sanjiu OTC Introduction Group and Zhejiang Conba Pharmaceutical Sales Co.

from 1996 to 2014. He was mainly responsible for market research, participating in sale, corporate strategies and new products introduction.