The board of directors of Hong Kong Life Sciences and Technologies Group Limited announced that Dr. Sun Yu has been appointed as an executive Director with effect from 7 August 2017. He is a director of Beijing Xigmar Information Technology Limited since May 2017 and was a partner of Sichuan Tianfu Realeader Investment Fund Management Corporation Ltd. from April 2016 to April 2017. Dr. Sun has not entered into any service agreement nor has any specified or proposed length of service with the company in respect of his appointment but he is subject to retirement by rotation and re-election at least once every three years at the annual general meeting of the company in accordance with the articles of association of the company.