The board of directors of Hong Kong Life Sciences and Technologies Group Limited announced that with effect from December 14, 2015, Ms. Li Mei has been appointed as an executive Director. Ms. Li has extensive experience in financial services business. She is a licensed person under the Securities and Futures Ordinance to carry on type 1 (dealing in securities) regulated activity.

Ms. Li is an independent non-executive of Sky Forever Supply Chain Management Group Limited. Following the appointment of Ms. Li as an executive Director with effect from December 14, 2015, the Board will consist of ten Directors.