Mr. YANG Wenjun, aged 37, is an executive Director of the Company, Vice President, General Manager of the liquid milk division and one of the Founding Individuals who founded Mengniu in 1999. Mr. Yang graduated from Inner Mongolia Light Industry Institute with a degree in dairy products and also graduated with a Master Degree in Business Administration from Barrington University . Prior to joining its Company, Mr. Yang gained the relevant management experience as general manager at Yili's Liquid Milk Company. He has over 17 years of experience in the PRC dairy industry.

Mr. YAO Tongshan, aged 49, is the Chief Financial Officer. Mr. Yao joined Mengniu in October 2001. Mr. Yao graduated from Tianjin University with a Master Degree in engineering . Mr. Yao gained the relevant finance and investment experience by previously serving as director at the department of international lending at China Construction Bank, Inner Mongolia branch, manager of State Energy Resources Investment Company investment banking division and chief financial officer of Inner Mongolia Xigao New Technology Group.