The board of directors of China Mengniu Dairy Company Limited announced that with effect from September 15, 2016: Ms. SUN Yiping has resigned from her role as an executive director and chief executive officer of the Company and a member of the Strategy and Development Committee of the Company; Mr. YU Xubo has resigned from his role as a non-executive director of the Company and a member of each of the Remuneration Committee of the Company and the Strategy and Development Committee; Ms. LIU Ding has resigned from her role as a non-executive director of the Company and vice-chairwoman of the Board; and Dr. LIAO Jianwen has resigned from his role as an independent non- executive director of the Company and a member of each of the Remuneration Committee and the Strategy and Development Committee. Ms. Sun has tendered her resignation due to personal career development reason. Mr. Yu has tendered his resignation due to the re-designation of responsibilities within COFCO Group.

Ms. Liu has tendered her resignation for retirement reason. Dr. Liao has tendered his resignation due to his other business engagement which requires more of his time and dedication. The resignation of each of Ms. Sun, Mr. Yu, Ms. Liu and Dr. Liao allows the Company to reduce the size of its Board from the current 13 directors so that, with a smaller number of directors, the Board may operate more efficiently in its decision making process.

Mr. Jeffrey, Minfang LU has been appointed as an executive director and chief executive officer of the Company and a member of the Strategy and Development Committee; and Ms. WU Wenting has been appointed as an executive director of the Company and a member of the Remuneration Committee. Mr. Lu, aged 47, is the chairman and a non-executive director of Yashili International Holdings Ltd. Ms. Wu, aged 52, was an executive director, the executive deputy general manager and the chief financial officer of China Foods Limited. Mr. JIAO Shuge ceased to be a member of each of the Audit Committee of the Companyand the Nomination Committee of the Company and chairman of the Strategy and Development Committee and has been appointed as a member of the Remuneration Committee; Mr. ZHANG Xiaoya ceased to be a member of each of the Nomination Committee and Remuneration Committee; Each of Mr. Tim Ørting JØRGENSEN and Mr. Filip KEGELS has been appointed as a member of the Nomination Committee; Mr. MA Jianping has been appointed as chairman of the Strategy and Development Committee; and Mr. NIU Gensheng has been appointed as a member of the Strategy and Development Committee.