On October 26, 2018, China Jo-Jo Drugstores, Inc. announced that by unanimous written consent, the Company’s Nominating Committee recommended and the board of directors appointed Ms. Pingfan Wu as a member of the Board and a member of the Nominating Committee. The Board has determined that Ms. Wu is “independent” as that term is defined under the Nasdaq listing standards. The board seat Ms. Wu filled in is a newly created one by increasing the Company’s size of the Board from five members to six members. Ms. Wu is a representative of CareRetail Holdings Limited on the Board pursuant to an Investor Rights Agreement dated January 3, 2017. Ms. Wu shall be eligible for reelection (along with the Company’s other directors) at the Company’s next Annual Meeting of Shareholders. She joined Sino-American Shike/GlaxoSmithKline for 18 years until 2014. From sales representative to GSK China Sales/Strategy Director, Ms. Wu was responsible for the sale of multiple prescription drugs/OTC products in Chinese hospitals, retail markets, government cooperation projects and mergers and acquisitions.