The board of directors of South Manganese Investment Limited announced that Mr. Li Junji (Mr. Li) has been appointed as an executive Director of the company with effect from 2 December 2022. Mr. Li, aged 30, obtained a Bachelor of Engineering (Mechanical Engineering) (Honors) with first- class honor in 2015 and a Master of Engineering (Mechanical Engineering) in 2017. From 2018 to 2021, he worked as a research and development engineer at Sichuan Tengdun Technology Co. Ltd. In September 2021, he joined South Manganese Group (Shanghai) International Trading Co. Ltd. (an indirect non
wholly-owned subsidiary of the Company) as a deputy general manager. Mr. Li is the son of Mr. Li Weijian (the chairman, executive director and chief executive officer of the Company). Mr. Li holds a certificate of qualification as a registered engineer from Engineers Australia. He has extensive experience in the engineering research and development. Mr. Li's appointment is for a term of two years but subject to retirement and re-election as a Director at the next annual general meeting of the Company following his appointment.