Massy Holdings Ltd. announced that Robert Bermudez retired as Chairman and Independent Director of its Board of Directors, effective 11 May 2023. Mr. Bermudez, a Non-Executive Director, has served on the Board since May 1997 and was appointed Chairman in July 2014. Mr. Bermudez served as a Member of the Audit Committee until becoming Chairman in 2014, at which time, he also served on the Governance, Nomination and Remuneration Committee as an ex officio Member.

The Company wishes to advise that its Board of Directors elected Robert Riley as its Chairman effective 12 May 2023. Mr. Riley is a Non-Executive Director who has previously served as Deputy Chairman of the Board of Massy Holdings Ltd. and Chairman of the Company's Governance, Nomination and Remuneration Committee. Mr. Riley was fir appointed to the Board in 2014 and served until he resigned in 2018.

He was reappointed to the Board on 01 October 2019, and was elected as Deputy Chairman in May 2022. Mr. Riley is an accomplished executive who led bpTT's business for many years and was awarded a Chaconia Gold from the Government of Trinidad and Tobago for his contributions to national development while serving as bpTT President. He is also a talented international executive who served as the Global Head of Safety & Operational Risk for BP PLC.

An Attorney-at-Law, Mr. Riley was admitted to the Supreme Court in 1987, and in 2009, he was awarded a Doctor of Laws Honoris Causa by The University of the West Indies, St. Augustine.