ACG Acquisition Company Limited announced Mr. Peter Whelan has decided to tender his resignation from his position of Chairman of the Board of the Company, effective November 10, 2023. Mr. Artem Volynets, the Company's Chief Executive Officer and Executive Director, will serve as Acting Chairman of the Board. Ms. Fiona Paulus will be appointed as a Director of the Company and serve as Senior Independent Director until further notice.

Ms. Paulus has over 37 years' global investment banking experience, having held senior management roles with a number of leading international investment banks including Credit Suisse, ABN AMRO Bank, and Citigroup. During her career, Ms. Paulus has led a variety of global banking businesses, from start-ups to companies with USD 4 billion in annual revenues. Additionally, Ms. Paulus has advised companies and private equity firms on strategic initiatives in the energy and resources sectors across more than 70 countries, often in complex and challenging situations.