Feronia Inc. has appointed two AAF-nominees, Mr. David White and Mr. Anders Einarsson, to the company's Board of Directors subject to the approval of the TSX Venture Exchange. One or both of such nominees will also act on the various committees of the Board. He is currently also Chairman of a palm oil company in Sierra Leone and a member of the Investment Committee of AAF.

Mr. Einarsson is a Deal Partner at Phatisa.