Laugfs Gas PLC announced that Mr. of LAUGFS Gas PLC with effect from 25th May 2020. With this appointment, Mr. Kudabalage shall function as an Executive Director of the Company. It is further informed that in addition to the above, Mr. Kudabalage is also appointed as the Group Managing Director/Group CEO for the entire LAUGFS Group as well. It is noted that with the appointment of Mr. Kudabalage as Group Managing Director/Group CEO, Mr. Thilak De Silva has been re-designated as Executive Deputy Chairman and Mr. W. K. H. Wegapitiya shall cease to hold the title of Group CEO, and shall continue as Executive Chairman. Both Mr. W. K. H. Wegapitiya and Mr. Thilak De Silva shall continue to play an executive role as aforesaid in order to ensure a seamless management transition, and Mr. Chaminda Ediriwickrama shall continue as Director/CEO of LAUGFS Gas PLC. Mr. Kudabalage currently does not hold any shares of LAUGFS Gas PLC, and a brief description of Mr. Kudabalage is enclosed herewith.