[Nienemade] Announcement of Board Resolution by Subsidiary Nienemade Food Group (Shanghai) Co., Ltd. to Elect Chairman and Appoint General Manager

1. Date of Board Resolution or Change: 115/04/30 2. Personnel Type (Please enter Chairman or General Manager): Chairman and General Manager 3. Name of Former Incumbent: Chairman: Mr. Chen Zhengwen, representative of Nienemade (Cayman) Holding Co. General Manager: Mr. Lin Changyu 4. Brief Profile of Former Incumbent: Mr. Chen Zhengwen: Chairman of Nienemade Investment Holding Co., Ltd. and Nienemade Food Group (Shanghai) Co., Ltd. Mr. Lin Changyu: General Manager and Director of Nienemade Food Group (Shanghai) Co., Ltd., Director of Chongqing Nienemade Food Co., Ltd. 5. Name of New Appointee: Chairman: Mr. Chen Zhengwen, representative of Nienemade (Cayman) Holding Co. General Manager: Mr. Lin Changyu 6. Brief Profile of New Appointee: Mr. Chen Zhengwen: Chairman of Nienemade Investment Holding Co., Ltd. and Nienemade Food Group (Shanghai) Co., Ltd. Mr. Lin Changyu: General Manager and Director of Nienemade Food Group (Shanghai) Co., Ltd., Director of Chongqing Nienemade Food Co., Ltd. 7. Change Situation (Please enter "Resignation", "Dismissal", "Term Expiration", "Job Adjustment", "Redundancy", "Retirement", "Deceased", or "New Appointment"): Term Expiration 8. Reason for Change: Term Expiration 9. Effective Date of New Appointment: 115/04/30 10. Other Matters to be Noted (If the subject of the event or resolution is a publicly offered or higher company, this material information also meets the criteria of Article 7, Item 6 of the Enforcement Rules of the Securities Transaction Act regarding significant impact on shareholder equity or security prices): None Keywords: Material Information