Mr. Zhong Shanshan was born in 1954. He founded Nongfu Spring in September 1996, acts as the Chairman of the Board, Executive Director and General Manager of the Company, as well as a member of the Remuneration Committee of the Board of the Company. Mr. Zhong Shanshan also serves as the director, manager and legal representative of several subsidiaries of the Group. Mr. Zhong Shanshan is responsible for overall development strategies, business plans and major operational decisions of the Company and direct management of brands and human resources, etc. Prior to the establishment of the Company, Mr. Zhong Shanshan founded Yangshengtang in March 1993 and currently acts as the Chairman of Yangshengtang. Mr. Zhong Shanshan has 30 years of extensive experience in the food and soft beverage industry.

Ms. Wu Limin was born in 1973. She joined the Company in January 2022 as the General Manager of the Financial Center of the Company and has served as an Executive Director and the Chief Financial Officer of the Company since May 2023. She is responsible for financial management of the Company. Ms. Wu Limin concurrently also serves as the director of several subsidiaries of the Group. Prior to joining the Company, Ms. Wu Limin served as the Vice President and Chief Financial Officer of Yonghui Superstores Co., Ltd. (listed on the Shanghai Stock Exchange, stock code: 601933). Prior to that, Ms. Wu Limin worked for Unilever and served successively as the Finance Director of Malaysia and Singapore, the Vice President of Finance of Vietnam and the Vice President of Finance of the North Asia Cluster. Ms. Wu Limin obtained a bachelor’s degree in biochemistry from Fudan University and an MBA degree from China Europe International Business School, and was admitted as a Fellow of the Association of Chartered Certified Accountants.

Mr. Xiang Xiansong was born in 1982. He has served as the General Manager of the Sales & Marketing Center of the Company since August 2022 and as an Executive Director of the Company since May 2023. He is responsible for sales and marketing management of the Company. Mr. Xiang Xiansong joined the Company in June 2009. He successively served as the Sales Representative, Sales Supervisor, Operation Supervisor and Regional General Manager of the Company and was responsible for the establishment and expansion of catering channel of the Company. Mr. Xiang Xiansong concurrently also serves as the director, manager and legal representative of several subsidiaries of the Group.

Mr. Rao Minghong was born in 1975. He has served as the General Manager of the Production and Operation Center of the Company since August 2022 and as an Executive Director of the Company since May 2024. He is responsible for production operation management of the Company. Mr. Rao Minghong had served as an employee representative Supervisor of the Company from December 2019 to May 2024 and has served as the President of the Labour Union of the Company since April 2020. Mr. Rao joined the Group in June 1999 and successively served as Mechanical Engineer, Chief of the Manufacturing Section, Manager of the Plant and General Manager of the Manufacturing Base. He is also the director, manager and legal representative of some subsidiaries of the Company at present.

Ms. Han Linyou was born in 1980. She has served as the Board Secretary of the Company since February 2020, an Executive Director of the Company since May 2023 and a member of the Nomination Committee since May 2025. She had served as a Joint Company Secretary concurrently from January 2020 to February 2024 and became the sole Company Secretary of the Company in February 2024. She is responsible for corporate governance, information disclosure, investor relations and management of the Office of Public Policy & Sustainable Development. Ms. Han Linyou joined the Group in November 2019 as the Deputy General Manager of Nongfu Spring Drinking Water Hong Kong Company Limited (農夫山泉飲用水香港有限公司), and she concurrently also serves as the director of several subsidiaries of the Group. Prior to joining the Group, Ms. Han Linyou successively served as an Executive Director, Chairman of the Risk Management Committee, Assistant to the Chief Executive Officer, Legal Director and Senior Vice President of Tibet Water Resources Ltd. (a company listed on the Hong Kong Stock Exchange, stock code: 01115). Prior to that, Ms. Han Linyou was a lawyer and partner of Jingtian & Gongcheng and concurrently the PRC legal adviser of Chiu & Partners in Hong Kong. Ms. Han Linyou holds a bachelor’s degree in law from Peking University and has a PRC Legal Professional Qualification Certificate.

Mr. Zhong Shu Zi was born in 1988. He joined the Group in January 2014 and has been the General Manager of the Brand Center of Yangshengtang Co., Ltd., the shareholder of our Company, since January 2020. Mr. Zhong Shuzi has been a Non-executive Director of the Company since June 2017 and had served as a member of the Audit Committee of the Board from March 2020 to May 2023, being responsible for providing advice on business plans, major decisions and investment activities of the Company. Mr. Zhong Shu Zi has also served as Hangzhou Regional General Manager, Zhebei Regional General Manager and Regional General Manager of East China Zone 1 of the Sales & Marketing Center of the Company from September 2023 to November 2025 successively, and served as the Assistant to the General Manager of the Company since March 2026.
Mr. Zhong Shu Zi obtained a bachelor of arts degree in English from University of California, Irvine in the United States and a master degree in international business from Zhejiang University.

Mr. Gu Zhaoyang was born in 1966. He is currently the Director of MBA in Finance (FMBA) Programme and a professor of Accountancy at the Faculty of Business Administration of the Chinese University of Hong Kong (CUHK). Mr. Gu was a professor of Accountancy at the Faculty of Business Administration, the Director of the School of Accountancy and the Director of MBA in Finance (FMBA) Programme of CUHK; an associate professor and Honeywell Professor in Accounting at the Carlson School of Management, University of Minnesota, the USA, and he was also in charge of the Accounting Ph.D. programme at this university; he served as an assistant professor and associate professor at the Tepper School of Business of Carnegie Mellon University; and as an assistant lecturer in the Department of Accounting of The Hong Kong University of Science and Technology. In addition, Mr. Gu had served as a member of the Financial Reporting Review Panel of the Accounting and Financial Reporting Council of Hong Kong (AFRC). Now Mr. Gu has also served as an independent non-executive director and the convener of the audit committee of Shanghai Pharmaceuticals Holding Co., Ltd. (上海医药集团股份有限公司, a company listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, stock code: 601607.SH, 2607.HK), an independent non-executive director and a member of the audit committee of Jiangsu Expressway Company Limited (江苏宁沪高速公路股份有限公司, a company listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange, stock code: 600377.SH, 0177. HK), an independent non-executive director and a member of the audit committee of Bank of Tianjin Co., LTD. (天津银行股份有限公司， a company listed on the Hong Kong Stock Exchange, stock code: 1578.HK), an independent non-executive director and the chairman of the audit committee of Luda Technologies Group Ltd. (A company listed on the New York Stock Exchange, stock code: LUD), and an independent non-executive director and the chairman of the audit committee of X.J. Electrics (Hu Bei) Group Co., Ltd. (湖北香江电器集团股份有限公司) (a company listed on the Hong Kong Stock Exchange, stock code: 2619.HK). Mr. Gu graduated from the Department of Foreign Languages of Tsinghua University with a bachelor’s degree in English and graduated from the Institute of Foreign Economics and Management of Renmin University of China with a master’s degree in management. He obtained a master’s degree in economics and a PhD in accounting from Tulane University, the USA. Mr. Gu has a U.S. Certified Public Accountant (non-practicing) certificate.

Ms. Wen Ming was appointed as an independent non-executive Director of the Company, a member and the convener of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee under the Board of the Company in May 2026. Ms. Wen currently serves as the Dean, Faculty of Social Sciences at The University of Hong Kong. She has served at The University of Hong Kong since September 2022 and has held positions including Professor of the Faculty of Social Sciences, Chair Professor in Population Science & Sociology, and co-director of James M. and Cathleen D. Stone Center on Socio-Economic Inequality in Asia. Ms. Wen served at the University of Utah in the United States from July 2003 to December 2024, and successively served as Assistant Professor, Associate Professor and Professor in the Department of Sociology & Criminology at the University of Utah, and served as the Department Chair in the Department of Sociology & Criminology at the University of Utah from July 2015 to June 2021. From July 1999 to June 2003, Ms. Wen served as a biostatistician in the Department of Health Studies at the Pritzker School of Medicine of the University of Chicago. In addition, Ms. Wen currently serves as a member of the editorial boards of Chinese Sociological Review and Journal of Aging and Health, and served as a member of the editorial board of the flagship journal of the American Sociological Association, Journal of Social and Behavioral Science, from January 2019 to December 2019 and served as the Deputy Editor of the journal from January 2020 to December 2022. Ms. Wen currently serves as a standing panel member of the Research Grants Council and President of the International Chinese Sociological Association (ICSA), and previously served as a standing member of the grant review panel of the National Institutes of Health (NIH) of the United States from July 2013 to June 2017. Ms. Wen obtained a bachelor’s degree in Information Management and Information Department from Peking University in July 1989. She further obtained a master’s degree in sociology, a master’s degree in statistics and a Ph.D. in sociology from the University of Chicago in the United States from June 1996 and March 2003.

Mr. Wang Yingzhe was appointed as an independent non-executive Director of the Company, a member and the convener of the Nomination Committee, and a member of the Audit Committee under the Board of the Company in May 2026. From June 1997 to August 2009, Mr. Wang served as an attorney in Jingtian & Gongcheng (北京市競天公誠律師事務所) and a partner of the firm since January 2001. Mr. Wang founded FenXun Partners in August 2009 and has been a partner and director thereof ever since. In April 2015, Mr. Wang established the Joint Operation Office of FenXun Partners and Baker McKenzie in the Shanghai Free Trade Zone (the first joint operation office between Chinese and foreign law firms approved by the Chinese government) and served as its managing partner. In addition, from 2007 to 2013, Mr. Wang served as the lecturer for master candidate of Law School of Tsinghua University. Mr. Wang received his bachelor’s degree in laws from the law school of Jilin University (吉林大學法學院) in 1992 and he received his master’s degree in laws from School of Law of University of California, Berkeley in 2008. Mr. Wang held a certificate for qualified lawyer in the People’s Republic of China.