Charisma Energy Services Limited announced that Mr. Goon Fook Wye Paul will relinquish his position as Chief Financial Officer and Joint Company Secretary of the company. He will join Ezion Holdings Limited as Group Chief Financial Officer and Joint Company Secretary with effect from 1 January 2018. Based on its enquiries, the Sponsor is satisfied that other than as disclosed, there are no other material reasons for the cessation of Mr. Goon as Chief Financial Officer and Joint Company Secretary of the company.

In addition, there are no concerns with regards to financial reporting that led to the departure of Mr. Goon and there are no disagreements between Mr. Goon and the company's Board of Directors with regards to practices that will have an impact to the company's financial reporting.