The board of directors of Uni-President China Holdings Ltd. announced that, with effect from 25 March 2017, Mr. Liu Xinhua will be appointed as an executive Director. Mr. Liu, aged 46, is currently the president of the Group and the general manager of Uni-President Enterprises (China) Investments Ltd. He has over 23 years of experience in strategic marketing in the food and beverage industry. Mr. Liu joined the Group in July 1994 and since then has been involved in sales and marketing for the Group. He acted as the sales general manager for the Sichuan province of Chengdu President Enterprises Food Co. Ltd. from November 2006 until August 2008. From August 2008 to September 2014, he acted as the general manager of the food business department of Uni-President China Investments. Mr. Liu holds a doctoral degree in business management from Southwest Jiaotong University in the People's Republic of China. The Board announced that, with effect from 25 March 2017, each of Mr. Liu and Mr. Chen Kuo-Hui, being an executive Director, will be appointed as a member of the investment, strategy and development committee of the Board (Investment, Strategy and Development Committee).