Ms. Jin Yujuan, Lily, aged 38, is a non-executive Director of China Mengniu Dairy Company Limited appointed by CIC. Ms. Jin joined Mengniu Group in September 2002. Ms Jin is an Investment Principal of CIC Capital Partners (CCP). Ms. Jin returned to China in 2000 after 12 years in the UK to establish CCP Beijing Representative Office. Over the past four years, Ms. Jin has been a key member of the CCP team in sourcing, executing and managing a number of private equity transactions in China. Prior to setting up CCP in China, Ms. Jin was an Investment Executive for four years in the Southeast Asian team of CDC Capital Partners in London, a leading UK private equity investor in emerging markets and a major shareholder of CCP. Ms. Jin graduated from Manchester Business School in early 1996 with an MBA degree.

Mr. Wang Huaibao, aged 66, currently serves as deputy chairman of the China Milk Industry Association. Mr. Wang graduated from China People¡¯s University in 1956, Mr. Wang previously served as general manager for Beijing Milk Company and Beijing Sanyuan. He also served as chairman of the China Dairy Association. He was appointed as an independent director for Mengniu Group on 18 October 2002 and became an independent director of China Mengniu Dairy Company Limited on 23 February 2004.