Shanghai La Chapelle Fashion Co., Ltd. announced that the 2015 annual general meeting of the Company was held on 29 April 2016. The Board announced that Dr. Chen Jieping was appointed as an independent non-executive Director at the AGM and Mr. Zhou Guoliang resigned as an independent non-executive Director, both with effect from 29 April 2016. Dr. Chen, aged 62, is currently the Associate Dean, Director of the EMBA programme and a professor at the China Europe International Business School. Dr. Chen has over 15 years of experience in accounting. He was the Head of the Department of Accountancy of the City University of Hong Kong from 2005 to 2008. Upon Mr. Zhou's resignation, Mr. Zhou has also ceased to be the chairman of the Audit Committee of the Board, a member of the Remuneration and Appraisal Committee and a member of the Budget Committee of the Board with effect from 29 April 2016. Accordingly, Dr. Chen was appointed as the chairman of the Audit Committee, a member of the Remuneration and Appraisal
Committee and a member of the Budget Committee in place of Mr. Zhou with effect from 29 April 2016.

The company will distribute the final dividend of RMB 0.42 per Share for the year ended 31 December 2015. The 2015 Final Dividend is payable to the Shareholders whose names appear on the register of members of the Company on 11 May 2016. The 2015 Final Dividend will be paid by the Receiving Agent and the dividend warrants will be posted by the H share registrar of the Company, Computershare Hong Kong Investor Services Limited, by ordinary mail to holders of H Shares who are entitled to receive the 2015 Final Dividend at their own risks on or before 15 June 2016.