Mene Inc. announced the following formal appointments and resignations to the company's executive team and Board of Directors. Robert Lee will be appointed as Chief Financial Officer of the company effective March 1, 2019. Steve Fray, Mene's current Chief Financial Officer and Director of the Board, has resigned his positions in order to concentrate his focus on his duties as Chief Financial Officer of Goldmoney.

Mr. Lee has acted as Controller of Mene for the past year and has been an instrumental part of the success of the Company. Robert Lee is a skilled financial executive with proven track record and experience in all accounting and finance matters. Prior to joining Mene, Robert was Financial Controller of Goldmoney Inc. (TSX:XAU), where he worked closely with senior management and directors, and was integrally involved in the financial planning and reporting during the incubation and launch of Mene Inc. As Chief Financial Officer of Mene Inc., Robert will oversee the company's accounting, business support, financial planning and analysis, treasury, and audit and tax compliance responsibilities.

He will work with all executives, directors and staff members to pursue the company's aggressive growth strategy and meet its clients' and investors' expectations. Sunjoo Moon, the company's Creative Director, has been appointed to the Board of Directors and will remain in her role as the Company's Chief Creative Officer. Sunjoo's work has evolved from design to include broader marketing and industry strategy that will add much additional brand and operational context to the company's Board of Directors.

Shireen Jiwan has resigned from the Board of Directors. Jacquelyn Humphrey no longer serves as Chief Operating Officer of the company. Mene plans on replacing this position with a senior executive who has operations experience in the luxury and e-commerce segments.