The board of directors of Ausnutria Dairy Corporation Ltd. announced that with effect from 2 December 2022, Mr. Ren Fazheng (‘Mr. Ren') has resigned as an independent non-executive Director, a member of each of the audit committee (the ‘Audit Committee') and the nomination committee (the ‘Nomination Committee') of the Board, and the chairman of the remuneration committee (the ‘Remuneration Committee') of the Board as he would like to devote his time to his other engagements. The board announced that with effect from 2 December 2022, Mr. Song Kungang (‘Mr. Song') has been appointed as an independent non-executive Director, a member of each of the Audit Committee and the Nomination Committee, and the chairman of the Remuneration Committee. Mr. Song Kungang, 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 No Trans Keydevs Info.
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.