The board of directors of Austar Lifesciences Limited announced that with effect from 19 June 2015, Mr. Enzo Barazetti resigned as a non-executive director and a member of each of the remuneration committee and the risk management committee of the board due to the expiry of the term of appointment of his directorate in the company pursuant to his letter of appointment. Mr. Barazetti has confirmed that he did not have any disagreement with the board and that there were no matters relating to his resignation that need to be brought to the attention of the shareholders of the company. The board announced that with effect from 19 June 2015, following Mr. Barazetti's resignation, Madam Zhou Ning, an executive director, has been appointed as a member of the remuneration committee of the board and Mr. Chen Yuewu, an executive Director, has been appointed as a member of the risk management committee of the Board.