Mr. YAN Weibin ("Mr. Yan"), aged 56, was appointed as an ED on 8 June 2009 and elected as the Chairman on 7 June 2013. Mr. Yan is the sole shareholder and director of Ausnutria BVI, one of the substantial Shareholders, and ...also a director of a number of the Company's subsidiaries (including Ausnutria China). He was one of the principal founders of the Group and joined the Group in September 2003 when Ausnutria China was established, and has been acting as the Chairman of Ausnutria China since its establishment. Mr. Yan is responsible for leading the Board and ensuring that it works effectively and discharges its responsibilities and that all key and appropriate issues are discussed by the Board in a timely manner. Mr. Yan is also primarily responsible for the overall corporate strategy, planning and business development of the Group. He also acts as Chancellor of Ausnutria University. Mr. Yan was elected as a member of the Twelfth Hunan committee of the Chinese People's Political Consultative Conference in January 2018, and was elected to be the Vice-Chairman of Hunan Provincial Federation of Industrial and Commerce in June 2020. Mr. Yan graduated from Hunan University with a bachelor's degree in engineering and a master's degree in business administration. Mr. Yan was a director of Yuan Longping High-tech Agriculture Co., Ltd*（袁隆平農業高科技股份有限公司）("Longping High-tech"), a company listed on the Shenzhen Stock Exchange, from 2004 to January 2016. At Longping High-tech, he served as chief executive officer from 2004 to April 2010, vice chairman and chief financial officer from April 2010 to December 2011, chief executive officer and chief financial officer from December 2011 to June 2012 and vice president from June 2012 to January 2016.

Mr. Bartle VAN DER MEER ("Mr. van der Meer"), aged 76, was appointed as an ED on 7 June 2013. Mr. van der Meer is one of the founders of Ausnutria B.V. and has been involving in the strategic management since the establishment of ...Ausnutria B.V. in 1994. He is also a member of the board of directors of Ausnutria B.V. and the chairman of this one-tier board since January 2020. Mr. van der Meer is primarily responsible for managing and executing the Group's overall business directions and corporate operation decisions. He graduated with a business administration degree in the Netherlands with a major in banking in 1966. He worked for Rabobank, a multinational banking and financial services group in the Netherlands for more than 25 years. He is serving as the executive director of Fan Deming B.V., a private equity company which owned 100% equity interests in DDI, a substantial Shareholder, since 1994. Mr. van der Meer has been the chairman of supervisory board of sc Heerenveen NV (a soccer club which plays in the premier division in the Netherlands) since 1998 to 2012, and a member of Foundation Accell Group (a company listed on Euronext Amsterdam (formerly known as Amsterdam Stock Exchange) since 1998 to March 2022.

Ms. NG Siu Hung ("Ms. Ng"), aged 53, was appointed as an ED on 19 September 2009. Ms. Ng is also an executive director of Ausnutria China, primarily responsible for the brand and culture building and ...public relations affairs of the Group. She graduated at University of Westminster, the United Kingdom with a master of arts degree in human resource management. Ms. Ng has been a director of Hunan Yukai Real Estate Co., Ltd*（湖南宇凱房地產有限公司）since 2004.

Mr. SUN Donghong ("Mr. Sun"), aged 49, was appointed as an NED on 18 March 2022. Mr. Sun graduated from Inner Mongolia University of Technology with a bachelor's degree in engineering in 1994. He has 27 years of experience in...the dairy industry and has been successively engaged in production technology, production management, business operation management, strategic operations and etc. He joined Inner Mongolia Yili Industrial Group Co., Ltd. (a company established under Chinese laws and whose shares are listed on the Shanghai Stock Exchange (stock code: 600887)) in 1994. He has been the assistant president of the company since 2017 and is in charge of the group's milk powder business department, yogurt business department, cheese business department, dairy technology research institute and such other new businesses of the group.

Mr. ZHANG Zhanqiang, ("Mr. Zhang"), aged 53, was appointed as an NED on 18 March 2022. Mr. Zhang Zhangqiang graduated from Inner Mongolia School of Finance and Economics in 1991 with a major in corporate finance, from Inner Mongolia the dairy ...industry and has been successively engaged in production technology, production management, business operation management, strategic operations and etc. He joined Inner Mongolia Yili Industrial Group Co., Ltd. (a company established under Chinese laws and whose shares are listed on the Shanghai Stock Exchange (stock code: 600887)) in 1994. He has been the assistant president of the company since 2017 and is in charge of the group's milk powder business department, yogurt business department, cheese business department, dairy technology research institute and such other new businesses of the group.

Mr. ZHANG Lingqi, ("Mr. Zhang"), aged 53, was appointed as an NED on 20 April 2022. Mr. ZHANG Lingqi graduated from Inner Mongolia Finance and Economics College（內蒙古財經學院）in 1991 majoring in international trade. Mr. ZHANG Lingqi ...has 25 years of experience in the dairy industry and has been successively engaged in investment analysis, sales management, logistics management and strategic operations, etc. Mr. ZHANG Lingqi joined Inner Mongolia Yili Industrial Group Co., Ltd. (a company established under the laws of the PRC and whose shares are listed on the Shanghai Stock Exchange (stock code: 600887)) in June 1996. Mr. ZHANG Lingqi has been an assistant to the president of that company since 2017 and is in charge of that group's strategic planning department. Mr. ZHANG Lingqi has also been the general manager of the operation management department and the strategic management department of that company.

Mr. MA Ji ("Mr. Ma"), aged 45, was appointed as an INED on 20 April 2022. Mr. Ma graduated from Peking University in 2000 with a bachelor's degree in economics, and China Europe International Business School in 2016 ...with an executive master of business administration degree. Mr. Ma is a member of the Chinese Institute of Certified Public Accountants and the American Institute of Certified Public Accountants. Mr. Ma is now the chief financial officer of YQNLink. Mr. Ma was the chief financial officer of Autonavi Holdings Limited from 2013 to 2014, the senior director of Alibaba Group Holding Limited, a company listed on the Stock Exchange (stock code: 9988) from 2014 to 2015, and the vice president of JD.com, Inc., a company listed on NASDAQ and the Stock Exchange (stock code: JD and 9618) from 2015 to 2021. Mr. Ma has worked in Deloitte Touche Tohmatsu CPA Ltd. for over ten years and has extensive financial management experience.

Mr. SONG Kungang ("Mr. SONG"), aged 74, graduated from the department of animal husbandry of Beijing Agricultural University (currently known as China Agricultural University) with a bachelor of agriculture degree majoring in animal husbandry in 1982. ...Mr. Song was responsible for the management of the dairy industry as assistant engineer, engineer and senior engineer at the Department of Food Industry of the Ministry of Light Industry of the PRC and the department of food and papermaking of the China Light Industry Association from 1982 to 1998. Furthermore, he was the chairman of the first, second, third and fourth councils of the China Dairy Industry Association and the vice chairman and chairman of the China national committee of the International Dairy Federation (IDF) from 1995 to 2012. Subsequently, Mr. Song acted as the honorary chairman of the China Dairy Industry Association and the chairman of the China national committee of the International Dairy Federation (IDF) from 2012 to 2017. Mr. Song has been an adviser to the China Dairy Industry Association since 2017.

Mr. Aidan Maurice COLEMAN ("Mr. Coleman"), aged 66, was appointed as an INED on 6 December 2018. Mr. Coleman graduated with a Bachelor of Arts degree in Economics and Psychology from The University of Auckland in 1978 and ...a Bachelor of Business Studies degree in marketing from The Massey University of New Zealand in 1991. He is a founder and currently the managing director of Longpoint Consulting Pty. Ltd., which provides private consulting and advisory services to various companies in Australia and New Zealand including retailers, dairy trading companies and FMCG marketing businesses. He has over 30 years of extensive experience in the manufacturing and marketing of consumer and food-service food and agricultural product. Prior to joining Longpoint Consulting Pty. Ltd., Mr. Coleman was the chief executive officer of Bega Cheese Limited (stock code: BGA.ASX), a company listed on the Australian Securities Exchange, until 2017. He was also the chief executive officer of Tatura Milk Industries Ltd. ("Tatura"), a wholly owned subsidiary of Bega Cheese Limited, from 2008 to 2011 and an executive director of Tatura from 2011 to 2017. Prior to joining Tatura, he was the managing director of Fonterra Brands (Australia) Pty. Ltd from 2005 to 2007, an Australian company which manufactures, markets and distributes dairy and non-dairy products.

Mr. WANG Wen Song, aged 39, is the CFO. He joined the Group in February 2023. Mr. Wang Wensong graduated from Simon Fraser University in Canada in 2008 with a bachelor’s degree majoring in Finance and Accounting and graduated from the University of Toronto in 2018 ...with a Master of Business Administration degree. He is a member of the Chartered Professional Accountants of Canada, the American Institute of Certified Public Accountants, and the Chartered Financial Analyst (CFA) Institute. Mr. Wang Wensong joined Yili Industrial in January 2019 and had been the finance director of financial management department and the head of the mergers and acquisitions department. Prior to that, Mr. Wang Wensong was mainly engaged in accountancy practices and worked for Deloitte and PricewaterhouseCoopers in the PRC and Canada for nearly 10 years. Mr. Wang Wensong also has extensive experience in financial management.

Mr. WONG Wei Hua Derek, aged 50, is the Chief Compliance Officer and the Company Secretary. He joined the Group as the deputy CFO in July 2011 and was appointed as joint Company Secretary (later redesignated as the Company Secretary on 3 December 2012) ...and the CFO on 26 September 2011. He was redesignated as the CCO on 22 February 2023. Mr. Wong Wei Hua Derek has over 20 years of experience in auditing and financial and corporate management. He graduated from York University with a double bachelor’s degree in accounting and mathematics and is a member of the Hong Kong Institute of Certified Public Accountants. Prior to joining the Group in July 2011, Mr. Wong Wei Hua Derek was an audit manager with an international accounting firm, the financial controller of a manufacturing group of companies and the general manager of an investment company principally engaged in mining business in Indonesia.

Mr. DAI Zhiyong ("Mr. Dai"), aged 46, is an executive director of Ausnutria China, vice chairman of the Group in the PRC region, principal of Ausnutria Institution of Food and Nutrition（澳優研究院）("Ausnutria Research Institute") and ...chairman of Ausnutria Science and Technology Association（澳優科學技術協會）. Shortly after the establishment of Ausnutria China, he joined the Group in 2003. Mr. Dai has a bachelor of chemistry degree and a master degree in food processing and safety. Mr. Dai held a management position in a dairy company for a number of years and has over 20 years of experience in the industry. Mr. Dai served Hunan Ava Nanshan Dairy Products Company Limited*（湖南亞華南山乳品行銷有限公司）("Hunan Ava Nanshan Dairy") as vice factory manager and person in charge of the R&D department of Inner Mongolia Ya Ke Shi Ru Factory*（內蒙古牙克石乳品廠）and was engaged in milk powder R&D works. Mr. Dai is primarily responsible for the operation management of Ausnutria Research Institute in the PRC region.

Mr. DENG Shenhui ("Mr. Deng"), aged 47, is the vice president of the Group in the PRC region and general manager of the Allnutria BU. He joined the Group in 2011. Mr. Deng graduated from Central South University, majoring in computer science. Mr. Deng held positions at ...multiple foreign computer software consulting companies and has over 10 years of experience in the industry. Mr. Deng served as department manager of the PRC region of the Asia Pacific Sales Services Department at Oracle Corp. Mr. Deng is primarily responsible for the overall operation management of the Allnutria BU, and assists with managing the human resources center in the PRC region.

Ms. Nicolette DIEKEMA ("Ms. Diekema"), aged 52, is the quality assurance director of Ausnutria B.V. She joined the Group since 2020. Ms. Diekema graduated from Wageningen University & Research with a master's degree in food science and technology. Before ...joining Ausnutria B.V., Ms. Diekema had several years of international experience in the field of quality assurance & quality control in the dairy & food industry. Before joining Ausnutria, Ms. Diekema was the global quality, environment, safety and health manager at CSK Food Enrichment.

Ms. Froukje Dijkstra ("Ms. Dijkstra"), aged 52, is the chief operations Officer of Ausnutria B.V. She joined the Group since April 2012. Ms. Dijkstra graduated in Technical Business Administration at the Noordelijke Hogeschool Leeuwarden. Before ...joining Ausnutria B.V., Ms. Dijkstra had over 20 years of experience in the chemical industry with different positions, latest at Enitor B.V.

Mr. Barber EEGDEMAN ("Mr. Engbers"), aged 51, is the ICT director of Ausnutria B.V. He joined the Group since 2021. Mr. Engbers graduated in Mechanics & Logistics – Operation research and simulation at the Technical University of Delft, and followed ...several Post-academic in Management and SAP implementations. Before joining Ausnutria B.V., Mr. Engbers had several years of experience in IT, SAP consultant and Logistics related positions.

Dr. Jeroen KIERS ("Dr. Kiers"), aged 48, is the chief executive officer of Ausnutria B.V. He joined the Group since 2019. Dr. Kiers graduated in Medical Biology at the University of Amsterdam, additionally Dr. Kiers ...graduated with a doctorate degree in Nutrition, Health & Food Technology at Wageningen University in the Netherlands. In his career Dr. Kiers had several research and leading positions within the food & nutrition industry. Before joining Ausnutria, Dr. Kiers had his own company Soundies & JLK Nutrition.

Ms. HONG Haoru ("Ms. Hong"), aged 39, is the secretary of the management committee（中國區管理委員會）of the Group in the PRC region and assistant of the chief executive officer. Ms. Hong joined the Group in ...2011 as supervisor of the office of the board of directors of Ausnutria China and was later appointed as secretary of the board of directors of Ausnutria China in January 2016. Prior to joining the Group in 2011, she served as secretary to president at Longping High-tech. Ms. Hong graduated from Hunan Agricultural University with a bachelor of arts degree. Ms. Hong is mainly responsible for assisting the Chairman/chief executive officer in the PRC region in his daily work, and manages the Executive Administrative Center（董秘及行政中心）of Ausnutria China.

Mr. HU Fangming ("Mr. Hu"), aged 45, is a vice president of the Group in the PRC region, general manager of the supply center and vice principal of Ausnutria Research Institute. He manages domestic production, overseas supply chain management and ...quality management for the supply centre. He joined the Group in October 2016 and stationed in the Netherlands as the project manager responsible for the new production plant project in the Netherlands. Subsequent to the completion of the project in December 2017, he returned to the PRC. Mr. Hu served as a utility engineer, project manager and production manager of Mars Foods (China) Co., Ltd.（瑪氏食品（中國）有限公司）from August 1998 to September 2009. From October 2009 to June 2014, he served as the manager of the engineering department and a plant manager of Dumex Baby Food Co., Ltd.（多美滋嬰幼兒食品有限公司）under Danone. He joined Biostime (Guangzhou) Health Products Limited in July 2014 as the director of global production until his resignation from all his positions in Biostime in August 2016. In 1998, Mr. Hu was awarded a bachelor's degree in electrical system and automation by Nanjing University of Science and Technology. Having worked in the food production industry ever since, Mr. Hu has extensive experience in operation management.

Mr. Mark KAPTEIN ("Mr. Kaptein"), aged 56, is the sales director of Ausnutria B.V. He joined the Group since 2020. Mr. Kaptein graduated from Erasmus University Rotterdam with a master's degree in healthcare management and policy. Before ...joining Ausnutria B.V., Mr. Kaptein had several years of international experience in Sales and General management positions, latest at Dr. Schar in Italy as business head in Metabolic Nutrition & Allergy Nutrition.

Ms. LI Yimin ("Ms. Li"), aged 46, is a vice president of the Group in the PRC region and the general manager of the Kabrita BU. She joined the Group in February 2011. Ms. Li graduated from Sichuan University with a master's degree in business administration and ...held managerial positions at various enterprises. Ms. Li is mainly responsible for coordinating the strategy, business and other overseas market affairs of the Kabrita BU and the goat milk business in the PRC. She is also responsible for the Anulife BU and the collaboration between between its brands and channels in the PRC region.

Mr. LIU Yubiao, aged 48, is a vice president of the Group in the PRC region and the general manager of Hyproca Bio-science Co., Ltd.*（海普諾凱生物科技有限公司）, a wholly-owned subsidiary of the Company. He joined the Group ...upon the establishment of Ausnutria China and served as regional manager of Hunan province, manager of the Central China region (covering five provinces) and deputy general manager（常務副總經理）of the Allnutria BU. Mr. Liu Yubiao has over 17 years of experience in sales management in the dairy industry. He is mainly responsible for the worldwide operations of Hyproca Bio-science Co., Ltd and the Neolac BU.

Mr. LIU Yuehui, aged 57, is the chief supervisor, party secretary and chairman of the labour union of the Group in the PRC region. He joined the Group shortly after the establishment of Ausnutria China in 2003. Mr. Liu Yuehui studied dairy techniques at the ...Inner Mongolia Light Manufacturing School*（內蒙古輕工業學校）. He has held management positions in various dairy factories and has over 30 years of experience in the industry. Mr. Liu Yuehui was the assistant to the chief executive officer of Hunan Ava Nanshan Dairy. He is primarily responsible for Ausnutria China's affairs in relation to the party committee, auditing, labour unions and Provincial China Nutrition and Health Food Association*（省營養保健食品協會）. He jointly manages party working committee*（黨工辦）and audit department in the PRC region.

Mr. LIU Xuecong, aged 38, is a vice president of the Group in the PRC region and vice principal of Ausnutria Research Institute. [He is responsible for the strategic development and planning of the Group's nutrition business segment as well as ...Bioflag International Corporation, a non-wholly-owned subsidiary of the Company, and the FSMP business, and jointly manages the Nutriunion BU and scientific compliance.] He joined the Group in November 2019. Mr. Liu Xuecong graduated from Tianjin Medical University in 2007 and worked at the relevant department of the China Food and Drug Administration, Lee Kum Kee and Frieslandcampina. He has been the general secretary and branch secretary of the China Nutrition and Health Food Association since 2015 and has extensive experience and resources in the nutrition product and health supplement industry.

Mr. Johan WESTHOFF ("Mr. Westhoff"), aged 42, is the finance director of Ausnutria B.V. He joined the Group since 2009. Mr. Westhoff graduated in Business Economics at the Chr. Hogeschool Windesheim, and finalised a post-academic ...education in financial controlling at the University of Amsterdam. Before joining Ausnutria B.V., Mr. Westhoff had several years of experience in finance related positions.

Ms. ZHANG Xueqin ("Ms. Zhang"), aged 47, is the chief operation officer of the Group in the PRC region. She is responsible for budgeting, operations management and informatisation in the PRC region, and jointly manages human resources and ...daily financial management. She joined the Group in December 2017. Ms. Zhang graduated from Changsha University of Science and Technology in 2002 and worked at, among other companies, Changsha Tongcheng Holdings Co.,Ltd., Hualong Nissin Food Products Co., Ltd.*（華龍日清食品有限公司） and Changsha Eya Industrial Co., Ltd., responsible for financial management of listed companies, marketing and finance of joint ventures, retail finance and operation of mother and baby care product businesses, and key account management and total management of infant formula business. She has extensive experience in the operation and management of the mother and baby care and infant formula businesses.

Mr. Remco ZIELEMAN ("Mr. Zieleman"), aged 46, is the supply chain director of Ausnutria B.V. He joined the Group since 2018. Mr. Zieleman graduated from Fontys Hogeschool in Venlo with a bachelor's degree in Logistics and Technical Transport. Before ...joining Ausnutria B.V., Mr. Zieleman had several years of international experience in supply chain positions, latest at Mylan as global planning director.