Yancoal Australia Ltd. ("Yancoal") announced the following changes to the Board, effective 8 June 2018: The company announced the appointment of Mr. Baocai Zhang as Chairman. The company announced the appointment of Mr. Fucun Wang as a Director and Vice Chair. Mr. Wang has also been appointed as the new Chair of the Executive Committee ("CEC"), following Mr. Zhang's resignation as CEC. The company announced the resignation of former Chairman Mr. Xiyong Li from the Board. The company announced the resignation of Mr. Cunliang Lai as Vice Chair. Mr. Lai will continue in his role as a Non-executive Director. Mr. Fucun Wang started his career in July 1983. Mr. Wang is a senior statistician. He is currently the Deputy Chief Economist of Yankuang Group and concurrently serves as the Head of the Investment and Development Department and the Director of the Strategic Planning and Decision Centre of Yankuang Group. Mr. Wang successively served as the Deputy Director of Planning Department, the Deputy Director and Director of the Department of Planning and Development of Yankuang Group previously.