China Flavors And Fragrances Company Limited announced that resolutions of the board of directors appointed Mr. Yang Ying Chun and Mr. Yu Chun Yuan as directors of SZ Boton and appointing Mr. Wang Ming Fan as the chairman of board of directors and legal representative of SZ Boton to fill the vacancies following the Removal. The above appointments are effective from 20 September 2012. Mr. Yang Ying Chun is currently the financial controller of the company and its subsidiaries. Mr. Yang is responsible for the Group's overall financial planning and management of the Group. Mr. Yang joined the Group since 2005 and has accumulated nearly 16 years of working experience in the finance industry. Prior to joining the Group, Mr. Yang
worked with different companies as finance manager. Mr. Yu Chun Yuan is currently the Assistant General Manager of Zhongxiang Aroma (Shenzhen) Co. Ltd. Mr. Yu is responsible for managing the production of Zhongxiang Aroma (Shenzhen) Co. Ltd. Mr. Yu has been assistant general manager, chief production officer and sales director of various companies, including a state-owned enterprise and SZ Boton, and has over 24 years of working experience in production management.