Hailiang International Holdings Limited announced at its Annual General Meeting held on June 16, 2017, approved the retirement of Mr. Feng Hailiang as a non-executive director, the chairman of the Board and a member of the nomination committee, Mr. Zhou Diyong as an executive Director and a member of the remuneration committee, and Ms. Ji Danyang as an executive Director and a member of the remuneration committee of the company. In the same meeting, the shareholders approved the appointment of Mr. Cao Jianguo, an executive Director, as the chairman of the Board and has ceased to act as the chief executive officer, and appointed Mr. Feng Luming, an executive Director, as the chief executive officer of the company. Mr. Cao, aged 54, has been appointed as an executive Director since 12 May 2014.

He served as the chief executive officer of the company from 29 August 2014 to 16 June 2017. Mr. Feng, aged 30, has been appointed as an executive Director since 1 May 2017. Mr. Feng is a director and the vice president of Hailiang Group Co., Limited, a director of Zhe Jiang Hai Liang Co.

Ltd., the chairman of the board of directors of Natregro Healthy Food Group Ltd., an executive director, the chairman of the board of directors and the general manager of Zhejiang Natregro E-commerce Co. Ltd., an executive director of Hangzhou Puying Trading Limited and an executive director and the general manager of Zhuji Renruide Investments Limited.