The board (Board) of directors (Directors) of The United Laboratories International Holdings Limited (Company) announced that Dr. Fu Qiushi (Dr. Fu) has been appointed as an independent non-executive Director of the Company and a member of the audit committee, the remuneration committee and the nomination committee of the Company, with effect from 30 June 2023. Dr. Fu, aged 51, has over 15 years of experience in investment management by acting as a partner of various venture capital institutions specialising in the investment in healthcare and biopharmaceutical industries. In July 2007, Dr. Fu started his venture capital career in Shenzhen Fortune Venture Capital Co.

Ltd., mainly responsible for the investment in the healthcare industry. Dr. Fu is currently a partner of Shanghai Lichen Private Equity Management Co. Ltd. Dr. Fu obtained his bachelor degree in science from Peking University in 1994, a master degree in life sciences from Peking University in 1997, and a Doctor of Philosophy degree from the University of Illinois in 2004.