Eastern Platinum Limited announced the election of a new board of directors following its annual general meeting held on July 5, 2016. The new board, comprised of Peter M. Clausi, Michael Cosic, George G. Dorin, Douglas G. Perkins, George Pirie and Sam Wang, consists entirely of directors nominated by Ka An Development Co. Limited.

Immediately following the meeting, the Board held its first meeting of directors, at which, among other things: George Dorin was appointed Chair of the Board; the Audit Committee was reconstituted to include Michael Cosic (Chair), George Dorin and Sam Wang; the Compensation and Corporate Governance Committee was reconstituted to include Sam Wang (Chair), George Dorin and George Pirie; the Safety, Health and Environment Risk Committee was reconstituted to include Douglas Perkins (Chair), George Pirie and Michael Cosic; the Executive Committee was disbanded; Peter M. Clausi was appointed interim Chief Executive Officer of the company; Andrea Zhang was appointed interim Chief Operating Officer of the company, with authority to assume operations and supervision of the company's South African operations; Anton Lubbe was appointed Vice President, South African Operations, reporting directly to Mr. Zhang.