Aston Bay Holdings Ltd. announced that Jan-Erik Back has resigned from the Board of Directors of the Company due to other work commitments with immediate effect, and the Board has accepted his resignation. Mr. Back joined the Board in 2016 and served as Chair of the Audit Committee. The directors of Aston Bay have commenced a search for an appropriate replacement for Mr. Back.

With immediate effect Thomas Ullrich has been appointed to the Company's Audit Committee and Jessie Liu-Ernsting has been elected as Chair of the Audit Committee. Jan-Erik has agreed to continue to contribute as Senior Advisor on the Company's Advisory Committee.