Medi Lifestyle Limited with the recommendation from the Nominating Committee, the Board of Directors after having reviewed and considered the qualifications and working experience of Mr. Zhang Zhi, has approved the appointment of Mr. Zhang as a Non-Independent Non-Executive Deputy Chairman. Job Title: Non-Independent Non-Executive Deputy Chairman, member of the Audit, Nominating, Remuneration and Risk Committees of the Company. Working Experience: 2012 to Current: General Manager of Tianjin Haigang Natural Gas Co.

Ltd. Event Description: Appointment of Mr. Zhang Zhi ("Mr Zhang") as Non-Independent Non-Executive Deputy Chairman. This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms Charmian Lim, at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542, telephone: (65) 6232 3210. Professional Qualifications: Nanyang Technological University, Singapore - Master of Business Administration - Tsinghua University, China - Capital Strategy Chairman Class - ChangZhou University, China - Bachelor's Degree in Information and Computational Science.