B.S.D. Crown Ltd. announced the nominations to the Board of Directors were Mr. Gregory Gurtovoy; and Mr. Oleksander Avdyeyev, took effect on July 17, 2015. The company announced that Mr. Gregory Gurtovoy is appointed as the Chairman of the company. Mr. Gurtovoy is an experienced Investment Banker, held a number of Management and Board positions with a variety of leading International, Ukrainian and Russian corporations and financial institutions and currently serves as Chairman of Supervisory Board of Platinum Bank in Ukraine and is a Managing Partner of GHP Group Investment Bank in Ukraine.

Mr. Oleksander Avdyeyev is an experienced legal adviser specializing in international transactions, investments and development. In addition, the company announced that Mr. Eyal Merdler is resigning from his position as CFO and Company Secretary with immediate effect. Also the company announced that Mr. Emil Budilovsky who currently serves as an Executive Director and vice-president of business development of the Company is appointed as a Joint CEO along side Mr. Schneorson, CFO and Company Secretary.

With effect from the same time, the Company also announced the resignation of Mr. Oleksandr Granovskyi, director of the Company and as the chairman of its board of directors due to the change of control in the company. Mr. Granovsky's resignation shall have immediate effect.