Natural Beauty Bio-Technology Ltd. announced that as a result of the disposal of CA NB's entire interest in Starsign, it was stated in the Composite Document that the Investor Directors (namely, Mr. Patrick Thomas Siewert, Mr. Gregory Michael Zeluck, Ms. Gong Zhizhi and Mr. Chang Hsiuguo) intended to resign as non-executive Directors with effect from the earliest time permitted under the Takeovers Code (which is the close of the Offers) pursuant to their respective resignation letters dated the date of the Acquisition Closing. On 18 December 2015, in order to devote more time to their respective business commitments, Mr. Francis Goutenmacher and Ms. Su-Mei Thompson also tendered their resignation letters such that they will both resign with effect from the earliest time permitted under the Takeovers Code (which is the close of the Offers). The Board announced that with effect from the close of the Offers on 18 December 2015: Mr. Patrick Thomas Siewert ceased to be a non-executive Director, the Vice Chairman of the Board, the Chairman of the Executive Committee of the Board, a member of the Nomination Committee of the Board and a member of the Remuneration Committee of the Board; Mr. Gregory Michael Zeluck ceased to be a non-executive Director, and a member of the Executive Committee; Ms. Gong Zhizhi ceased to be a non-executive Director, and a member of the Audit Committee of the Board; Mr. Chang Hsiuguo ceased to be a non-executive Director; Mr. Francis Goutenmacher ceased to be an independent non-executive Director, a member of the Audit Committee, a member of the Remuneration Committee, a member of the Executive Committee and a member of the Nomination Committee; and Ms. Su-Mei Thompson ceased to be an independent non-executive Director, the Chairperson of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee.

The board also announced that, with effect from the close of the Offers on 18 December 2015, Mr. Lu Chi-Chant was appointed as an independent non-executive Director. Mr. Lu, aged 64, is currently an independent non-executive director of Eagle Nice (International) Holdings Limited, and an independent director of K Laser Technology Inc. and Li Peng Enterprise Co. Ltd. The board further announced that Mr. Lu has been appointed to fill the casual vacancy arising from the resignation of Ms. Su-Mei Thompson as Chairperson of the Remuneration Committee and a member of both the Audit Committee and Nomination Committee, all appointments with effect from the close of the Offers on 18 December 2015.

The Board further announced that, with effect from 4:00 p.m. on 18 December 2015: Mr. Lee Ming-Ta (an executive Director) has been appointed as the Chairman of the Executive Committee and a member of the Nomination Committee; Dr. Su Chien-Cheng (an executive Director) has been appointed as a member of the Executive Committee; and Dr. Su Sh-Hsyu (a non-executive Director) has been appointed as a member of the Remuneration Committee.