On May 9, 2016, Ka An Development Co. Limited announced that intends to effect a change in the board of directors of Eastern Platinum Limited and has delivered a notice to Eastern Platinum and its Corporate Secretary on May 6, 2016, pursuant to Eastern Platinum's Advance Notice Policy, of its intention to nominate 6 new directors: Peter Clausi, Michael Cosic, George G. Dorin, Douglas G. Perkins, George Pirie and Sam Wang at the upcoming annual general meeting of Company's shareholders to be held on June 15, 2016.