China Modern Dairy : List of Directors and their Role and Function

China Modern Dairy Holdings Ltd.

中 國 現 代 牧 業 控 股 有 限 公 司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1117) List of Directors and their Role and Function

The members of the board of Directors (the "Board") of China Modern Dairy Holdings Ltd. are set out below.

Executive Directors

Ms. GAO Lina (Deputy Chairman & Chief Executive Officer) Mr. HAN Chunlin (Chief Operation Officer)

Non-executive Directors

Mr. WOLHARDT Julian Juul Mr. WEN Yongping

Mr. LU Minfang (Chairman) Mr. ZHANG Ping

Independent Non-executive Directors

Mr. LI Shengli

Mr. LEE Kong Wai, Conway Mr. KANG Yan

There are four Board committees. Membership information of these committees on which each Board member serves is as follows:

Audit Committee

Mr. LEE Kong Wai, Conway (Chairman) Mr. KANG Yan

Mr. WOLHARDT Julian Juul

* for identification only

Remuneration Committee Mr. LI Shengli (Chairman) Mr. KANG Yan

Mr. ZHANG Ping

Nomination Committee

Mr. LU Minfang (Chairman) Mr. KANG Yan

Mr. LEE Kong Wai, Conway

Strategy and Development Committee

Ms. GAO Lina (Chairman) Mr. LI Shengli

Mr. WOLHARDT Julian Juul Mr. WEN Yongping

Hong Kong, 29 March 2017