China Star Cultural Media Group Limited announced the following changes with effect from 2 April 2015. The company announced the resignation of Ms. Li Yee Mei has resigned as an executive director. And also Mr. Yip Tai Him and Mr. Law Yiu Sang, Jacky have resigned as independent non-executive directors.

Mr. Zhou Ya Fei has been appointed as a non-executive director of the company. All the resigning directors have resigned on their own accord due to their other business commitments and have confirmed that they have no disagreement with the board. Mr. Zhou, aged 47, graduated from the Beijing Institute of Technology with a master degree.

Prior to joining the group, he was the Chief Financial Officer of GOME Electrical Appliances Holding Limited from 2000 to 2008. Mr. Zhou has over 20 years of experience in PRC accounting, finance and tax consulting. He is a registered accountant (non-practising) and a registered tax agent (non-practising) in the PRC.

The board also announced the following changes to the composition of various committees effective from 2 April 2015: Mr. Lam Cheung Shing Richard, an independent non-executive director of the company, is appointed as the Chairman of the audit committee; Mr. Ng Wai Hung, an independent non-executive director of the company, and Mr. Zhou are appointed as members of the audit committee; Existing members, Mr. Fung Wai Ching, Mr. Yip and Mr. Law resigned from the audit committee. Mr. Lam is appointed as the Chairman of the remuneration committee; Mr. Zou Xiao Chun, a non-executive director of the company, and Mr. Ng are appointed as members of the remuneration committee; and Existing members, Mr. Fung, Mr. Yip and Mr. Law resigned from the remuneration committee. Mr. Ng, is appointed as the Chairman of the nomination committee; Mr. Lam and Mr. Zhou are appointed as members of the nomination committee; and Existing members, Mr. Fung, Mr. Yip and Mr. Law resigned from the nomination committee.