CAI Corp — Board/Management Information 2016

May 27, 2016

CHINA NEW ECONOMY FUND LIMITED 中 國 新 經 濟 投 資 有 限 公 司

(Incorporated in the Cayman Islands as an exempted company with limited liability)

(Stock code: 80)

LIST OF DIRECTORS AND THEIR ROLE AND FUNCTION

The members of the board of Directors (‘‘Board’’) of China New Economy Fund Limited are set out below.

Executive Directors

Mr. Gu Xu (Chairman and Chief Executive Officer)

Mr. Chan Cheong Yee

Independent Non-executive Directors

Mr. Lam Chun Ho

Mr. Faris Ibrahim Taha Ayoub

Mr. Pun Tit Shan

There are three Board committees. The table below provides membership information of these committees on which each Board member serves:

Board CommitteeDirector	Board CommitteeDirector			NominationCommittee	NominationCommittee
	Board CommitteeDirector	AuditCommittee	RemunerationCommittee	NominationCommittee
	Mr. Lam Chun Ho	Chairman	Chairman	Member
	Mr. Faris Ibrahim Taha Ayoub	Member	Member	Chairman
Mr. Pun Tit Shan	Mr. Pun Tit Shan	Member	Member	Member

Hong Kong, 27 May 2016