Siberian Mining Group Company Limited announced that AHN Kibaek has been appointed as an Executive Director of the Company with effect from February 28, 2018; Mr. HONG Sang Joon has tendered his resignation as an Executive Director, the Chairman of the Board and the chairman of the Nomination Committee of the Company with effect from March 1, 2018; Mr. JO Sang Hee has been appointed as the Chairman of the Board and the chairman of the Nomination Committee of the Company with effect from March 1, 2018; and Mr. WONG Wing Cheong has tendered his resignation as the Company Secretary of the Company with effect from February 28, 2018.