Eastern Platinum Limited announced the Board of Directors of the Company has accepted the respective resignations submitted by Diana Hu and Michael Cosic, effective June 22, 2022, in accordance with the Company's Majority Voting Policy (the "Policy"). The Company announced the appointments of Mr. Changyu (Charlie) Liu and Ms. Lisa Ng to the Board, to fill the vacancies left by Ms. Hu and Mr. Cosic. Mr. Liu is the Chairman of Ka An Development Co. Limited ("Ka An"), a long-term shareholder of Eastplats. Mr. Liu's career has been focused on business investments and international trade in China, Hong Kong, and North America. After completing his studies in accounting at Tianjin University of Finance and Economics in 1994, Mr. Liu started his career in the automobile sales and distribution sector. He was an early partner and investor in renowned technology companies. A decade ago, Mr. Liu
began following the global mining industry. His current investments span across mining, automobile sales, banking, and shipping industries. Mr. Liu brings over two decades of expertise in business investment and financing enterprises. Ka An continues to be fully committed to ensuring the successful management and operation of the Company. Ms. Ng is an accomplished CPA (Chartered Professional Accountant) with an extensive financial
management background, including with several publicly traded mining companies. She has over 25 years of experience in mining, information technology, biotech, insurance, in a wide range of business sectors including the financial operations of multi-million dollar companies.