Noranda Income Fund has reported that Liana Centomo is stepping down from her role as chief executive officer ("CEO") of Canadian Electrolytic Zinc ("CEZinc"), the Fund's Manager, effective April 30, 2021, in order to pursue other opportunities within Glencore. Paul Einarson, chief financial officer ("CFO") of CEZinc, will take on the role of interim CEO upon her departure. A seasoned executive, Mr. Einarson has spent the last 15 years in the resource sector having held a series of senior management positions with various publicly traded companies prior to joining Glencore Canada.