The board of the directors of Yestar International Holdings Company Limited announced that Ms. Zhang Qi has tendered her resignation as an executive Director with effect from 29 January 2016 in order to devote more time and attention on her other business commitment in another company; and Ms. Heng Yinmei has tendered her resignation as an executive Director
with effect from 29 January 2016 for retirement and she will devote more time on her family matters. The Board announced Mr. Chan Chung Man has been appointed as an executive Director with effect from 29 January 2016. Before joining the Group, Mr. Chan was the chief executive officer of International Minh Viet Joint Stock Company from December 2011 to June 2015.