Global Corn Group Limited — Board/Management Information 2012

Mar 30, 2012

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GLOBAL SWEETENERS HOLDINGS LIMITED 大成糖業控股有限公司 *

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 03889)

ESTABLISHMENT OF NOMINATION COMMITTEE ESTABLISHMENT OF CORPORATE GOVERNANCE COMMITTEE AND CHANGE OF CHAIRMAN OF REMUNERATION COMMITTEE

The board (the “ Board ”) of directors (the “ Directors ”) of Global Sweeteners Holdings Limited (the “ Company ”) announces the establishment of the nomination committee (“ Nomination Committee ”) and the corporate governance committee (“ Corporate Governance Committee ”) with effect from 1 April 2012 with terms of reference in compliance with the code provisions of the corporate governance code in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“ Listing Rules ”), and the change of the chairman of the remuneration committee (“ Remuneration Committee ”).

The members of the Nomination Committee will comprise such Directors as may be appointed by the Board from time to time. The Board has appointed Mr. Kong Zhangpeng, Mr. Chan Yuk Tong and Mr. Ho Lic Ki as members of the Nomination Committee. Mr. Kong Zhanpeng, the Chairman of the Board and an executive Director, has been appointed and will act as the chairman of the Nomination Committee.

The members of the Corporate Governance Committee will comprise such Directors as may be appointed by the Board from time to time. The Board has appointed Mr. Lee Chi Yung, Mr. Chan Yuk Tong and Mr. Ho Lic Ki as members of the Corporate Governance Committee. Mr. Chan Yuk Tong, an independent non-executive Director, has been appointed and will act as the chairman of the Corporate Governance Committee.

• for identification purposes only

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In order to comply with the forthcoming amendments to the Listing Rules which will be effective on 1 April 2012, Mr. Kong Zhanpeng ceased to be the chairman of the Remuneration Committee but remains as a member of the Remuneration Committee, and Mr. Ho Lic Ki an independent-non executive Director and existing member of the Remuneration Committee, has been appointed as the chairman of the Remuneration Committee in his stead with effect from 1 April 2012.

By order of the Board

Global Sweeteners Holdings Limited Kong Zhanpeng Chairman

Hong Kong, 30 March 2012

As at the date of this announcement, the Board comprises four executive Directors, namely Mr. Kong Zhanpeng, Mr. Zhang Fazheng, Mr. Xu Zhouwen and Mr. Lee Chi Yung; and three independent nonexecutive Directors, namely Mr. Chan Yuk Tong, Mr. Gao Yunchun and Mr. Ho Lic Ki.

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