MMG Limited announced that Mr. Gao Xiaoyu (Geoffrey) (Mr Gao) has tendered his resignation as the executive director of the Company with effect from 5 January 2022 to return to a role with China Minmetals Corporation (CMC) in Beijing. The Board also announced that Mr. Li Liangang (Mr Li) has been appointed as an Executive Director, with effect from 5 January 2022. Mr. Li, aged 57, has served on the Executive Committee of the Company since January 2020 in his capacity as the Executive General Manager Commercial. His present role title is Executive General Manager Australia and Commercial with responsibilities for the Dugald River and Rosebery operations and Australia support functions and also Supply and Marketing. Li Liangang was a Vice President of China Minmetals Non-ferrous Metals Company Limited (CMN) in Beijing, leading several global trading departments from 2016 to 2018. Mr. Li was the President and CEO of Minmetals Inc. (L.A.) from 2018 to 2019. The Company also announced that Mr. Guo Wenqing (Mr Guo) has tendered his resignation as the Chairman and a non-executive director of the Company with effect from 5 January 2022 in order to focus on his other duties as the President of CMC. The Board announced the appointment of Mr. Jiao Jian (Mr Jiao), currently a Non-executive Director, as the Chairman of the Company with effect from 5 January 2022. Mr. Jiao, aged 53, was redesignated from an Executive Director and CEO to a Non-executive Director in August 2018. Prior to his redesignation, he was an Executive Director and the CEO of the Company from February 2017 to July 2018, the Chairman of the Company from August 2014 to February 2017 and a Non-executive Director from December 2010 to February 2017. Mr. Jiao is a member of the Company's Governance, Remuneration and Nomination Committee. Mr. Jiao was reappointed as Vice President of CMC and designated as director and the President of China Minmetals Corporation Limited in August 2018. He was appointed as the Chairman of CMN in February 2016, and has been a director of CMN since December 2009. Mr. Jiao has also been a director of Hunan Nonferrous Metals Holding Group Co. Ltd. since July 2010.