The Board of Directors of Abterra Ltd. announced the appointment of Ms. Cai Suirong as an Executive Director and Chief Executive Officer of the company with effect from 26 October 2017. With the appointment, Ms. Cai is responsible for managing the Group and leading the Group in its business expansion. Ms. Cai has extensive experience in trading coking coal, metallurgical coke and iron ore and was an Executive Director of the Company from February 2010 to April 2013.

The Board also announced the appointment of Mr. Chew Ban Chuan Victor Mark as Chairman of the RC and ESOS Committee, and a member of the AC and NC with effect from 26 October 2017; the cessation of Mr. Chan Chun Tat Ray as Chairman of RC with effect from 26 October 2017. Mr. Chan Chu Tat Ray will continue to be a member of the RC; and the cessation of Mr. Wong Shiu Wah Williamson as Chairman of ESOS Committee with effect from 26 October 2017. Mr. Wong Shiu Wah Williamson will continue to be a member of the ESOS Committee.