Kai Shi China Holdings Company Limited announced each of Mr. Kai Chenglian, Ms. Jiang Shuxia, Mr. Kai Xiaojiang and Ms. Han Liping resigned from his/her office as an executive Director; and each of Ms. Yang Jing, Mr. Li Fook Wing and Ms. Sun Huijun resigned from his/her office as an independent non-executive Director. The Board announced that, with effect from 26 February 2015, each of Ms. Zhao Hua and Mr. Li Hai Chao has been appointed as an executive Director; and each of Mr. Li Chun, Mr. Liu Da and Mr. Han Qinchun has been appointed as an independent non-executive Director. Mr. Kai Chenglian resigned from his office as an executive Director and the chairman of the nomination committee of the Company (the Nomination Committee); Ms. Jiang Shuxia resigned from her office as an executive Director and a member of the remuneration committee of the Company (the Remuneration Committee); Mr. Kai Xiaojiang and Ms. Han Liping each resigned from his/her office as an executive Director; and Ms. Yang Jing, Mr. Li Fook Wing and Ms. Sun Huijun each resigned from his/her office as an independent non-executive Director and their respective roles in the audit committee of the
Company Remuneration Committee and Nomination Committee.