The board of directors of Kingdee International Software Group Company Limited announced that Mr. Chen Zhang has resigned as a non-executive director due to his other work arrangements and personal development reasons with effect from the conclusion of the Board meeting convened on 13 March 2018; and Mr. Wu Cheng has resigned as an independent non-executive director due to age and health reasons with effect from the conclusion of the board meeting convened on 13 March 2018 and ceased to be a member of each of the audit committee, the remuneration committee and the nomination committee of the Company, respectively. Mr. Shen Yuan Ching was appointed as a non-executive director with effect from the conclusion of the Board meeting convened on 13 March 2018. Mr. Shen is the president of JD Cloud. Mr. Shen has entered into an appointment letter with the company for a period of 2 years WITH effect from 13 March 2018. Mr. Cao Yang Feng was appointed as an independent non-executive Director, a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee with effect from the conclusion of the Board meeting convened on 13 March 2018. Mr. Cao previously engaged postdoctoral research in Department of Strategic Management from Guanghua School of Management, Peking University. Mr. Cao has entered into an appointment letter with the Company for a period of 2 years with effect from 13 March 2018.