The board of directors of MIE Holdings Corporation announced that Mr. TIAN Hongtao has been appointed as an executive director of the company with effect from 5 December 2014. Mr. TIAN Hongtao, aged 43, has over 20 years of experience in finance and accounting and brings considerable risk and control management expertise to the company. Mr. TIAN joined the company in January 2014 in the capacity of vice president of the company and is responsible for operation management.

The company has entered into an appointment letter with Mr. TIAN, pursuant to which he is appointed as an executive director for a term of three years, subject to re-election at general meetings in accordance with the company's Articles of Association.