Andreas Schmidt

● Working with internal (marketing, R&D, PS) and external (investment banks, deal brokers) partners to identify potential assets for in-licensing or acquisition and assess them for strategic fit ● Leading due diligence process ● Lead negotiator for licensing deals ● Managing internal stakeholder alignment and approval process ● Co-leading M&A project execution

● Oversaw closing of remaining work streams related to Bayer's acquisitions of Dihon Group and Merck Consumer Health in China, incl. legal entity integration and license transfers ● Led liquidation of Dihon cosmetic legal entities and divestment of Shanghai manufacturing site

● Business and P&L responsibility for acquired Dihon cosmetics business, incl. two legal entities and one manufacturing site ● Returned business to profitability within one year through portfolio streamlining and new distribution model

● Business and P&L responsibility for acquired Dihon export business ● Realized expected integration synergies, streamlined country & product portfolio and brought regulatory dossiers in line with Bayer standards

● Rolled out solutions to enhance process excellence and compliance ● As part of project team, managed integration of newly acquired Dihon Group, responsible for process risk assessment and integration of Dihon's export business

● Led initiatives to unlock synergies between BHC Pharma and Consumer Care divisions through shared resources ● Drafted and rolled out Business Continuity Plan for the BHC group in China, covering 4 manufacturing and 2 office sites.

● Led business planning and controlling for €300m prescription drug business ● Managed administrative functions co-located in South China

● Explored and assessed opportunities for inorganic growth ● Led initiatives for efficiency improvement and organizational excellence ● Provided guidance for ICS and compliance programs During this period I concurrently assumed the following roles: ● Oct 2009 - Apr 2010: acted as National Sales Director Consumer Care, leading a team of 650 people in hospital and retail detailing, commercial sales and trade marketing ● May - Sep 2010: Business Manager Infant Milk Formula Business

● Successfully managed US$160m acquisition of OTC business, incl. product portfolio, manufacturing sites and sales force, (then the largest ever acquisition by a MNC in the pharmaceutical industry in China) ● Achieved change of all relevant registrations and market approvals and brought the key product to market from revamped production facilities within 3 months after deal completion ● Achieved full organizational and cultural integration of acquired sales team within 3 months During this period I concurrently assumed other significant management and executive roles: ● Jan 2008 - Jun 2009: Head of Business Planning and Administration, Consumer Care: - Led divisional controlling and business operations for €57m business - Supervised implementation and monitoring of divisional compliance and internal control systems (ICS) ● Jan 2008 - Aug 2008: Acting Country Division Head, Consumer Care: - Managed OTC division with 370 employees and €50m annual sales

● Led financial controlling of all activities of the Schering AG group in Japan (2006 net sales: €380m; headcount: 1,100) ● Led project teams for the successful sale of two production sites and a related product portfolio ● Led implementation of SAP FI/CO ● Compiled first comprehensive transfer pricing documentation for NSKK ● Mar 2006 - Mar 2007 co-headed Project Management Office, successfully integrating Japanese business operations of Bayer and Schering, after global acquisition of Schering AG by Bayer AG.

In Nov 1998 I turned full-time entrepreneur engaging in several business ventures in China and Germany. By early 2004, due to changes in business environment and an offer to return to Schering I sold my shares in the remaining ventures and rejoined the corporate world. ● Together with Chinese partners opened two very successful hospitality ventures in Guangzhou: THE CAVE pub and MILANO'S Italian restaurant. Led business development and marketing ● Established an antique Chinese furniture and home accessories business in Guangzhou. Led business development and marketing ● Apr 1999 expanded the furniture business to Germany by establishing Kanton Kontor Handelsgesellschaft in Berlin. With a junior partner managing retail sales in Germany I directed business planning, marketing strategy and sourcing from Guangzhou. Furniture business closed in Dec 2001 due to a change in consumer trends. ● Provided consulting services to third parties. In 2001 I provided due diligence and project management services for Schering’s acquisition of an oncology company in Nanjing. From 2002 to 2004 I advised Mandarin Pacific Trade, an American owned home accessories company based in Guangzhou, on the improvement of their customer and vendor order processes.

● Built up and led all finance and admin functions (excl. HR) for the newly founded company, incl. implementation of Fourth Shift ERM system ● Provided support for construction and start-up of the most modern X-ray contrast media production facility in Asia ● Member of the Board of Directors and Company Secretary ● 1996/1997: co-chairman of German Business Association in South China and founding member of German Chamber of Commerce in China

● Coordinated decision-making process between Asian subsidiaries and HQ on commercial issues, such as product launches, transfer prices etc. ● Concurrently served as Commercial Project Manager for €13mio X-ray contrast media plant investment project in Guangzhou, China

● Coordinated & analyzed financial reporting of group subsidiaries ● Advised subsidiaries on financial issues such as cash flow management, capital structure and dividend policy