The board of directors of Mongolia Energy Corporation Limited announced that Mr. Lo, Chris Cze Wai ("Mr. Chris Lo"), has been appointed as an executive director of the Company with effect from 3 March 2020. Mr. Chris Lo, aged 26, holds a master's degree of Engineering in mechanical engineering from University of Bristol, UK. He joined the Group in 2017 and is a director of a subsidiary of the Group. Mr. Chris Lo is the project engineer of the Group.