Mr. Wu Yueshi has resigned as an executive Director and chairman of the Ausnutria Dairy Corporation Ltd.'s Board with effect from 7 June 2013. Upon his resignation, Mr. Wu also ceased to be a member and the chairman of the Nomination Committee of the Company and a member of the Remuneration Committee of the Company with effect from 7 June 2013. Mr. Wu also resigned from other positions within the Group with effect from 7 June 2013.

Mr. Chen Yuanrong has resigned as an executive Director and chief executive officer of the Company with effect from 7 June 2013. Mr. Chen has also resigned from other positions within the Group with effect from 7 June 2013. Mr. Bartle van der Meer has been appointed as an executive Director and chief executive officer of the Company with effect from 7 June 2013.

Mr. Dai Li has been appointed as a non-executive Director with effect from 7 June 2013. Mr. Yan Weibin, the executive Director, has been appointed in place of Mr. Wu as the chairman of the Board, a member and the chairman of the Nomination Committee of the Company and a member of the Remuneration Committee of the Company with effect from 7 June 2013.