Sunmoon Food Company Limited announced that, with the recommendation from the Nominating Committee, the Board has appointed Mr. Yuen Pei Lur, Perry as an Independent Non-executive Director or the Company. In addition, Mr. Perry Yuen has been appointed as a Chairman and Member of the following Board Committees: Chairman of Remuneration Committee; Member of Audit and Risk Committee; and Member of Nominating Committee. COMPOSITION OF THE BOARD OF DIRECTORS AND COMMITTEES: Consequent to the abovementioned changes, the composition of the Board of Directors and Committees shall be reconstituted as follows with from: Board of Directors: Mr. James Prideaux: Non-Executive Chairman and Lead Independent Director; Mr. Gary Loh Hock Chuan: Deputy Chairman and Non-Executive Director; Mr. Zhang Ye: Executive Director and Chief Executive Officer; Mr. Cen Jian: Executive Director; Ms. Ng Bie Tjin @Djuniarti Intan: Independent Non-Executive Director; Mr. Yuen Pei Lur, Perry: Independent Non-Executive Director; Mr. Jin Guanglei: Non-Independent Non-Executive Director; Mr. Xue Yuning: Non-Independent Non-Executive Director.

Audit and Risk Committee: Ms. Ng Bie Tjin @Djuniarti Intan: Chairperson; Mr. James Prideaux: Member; Mr. Yuen Pei Lur, Perry: Member; Mr. Jin Guanglei: Member. Nominating Committee: Ms. Ng Bie Tjin @Djuniarti Intan: Chairperson; Mr. James Prideaux: Member; Mr. Yuen Pei Lur, Perry: Member; Mr. Jin Guanglei: Member; Mr. Zhang Ye: Member. Remuneration Committee: Mr. Yuen Pei Lur, Perry: Chairman; Mr. James Prideaux: Member; Ms. Ng Bie Tjin @Djuniarti Intan: Member; Mr. Jin Guanglei: Member.