Pteris Global Limited announced that due to an internal restructuring of the management of the Group and a board renewal process, Mr. Zheng Zuhua will resign as Group Chief Executive Officer and be re-designated from Executive Director to the Non-Executive Chairman of the board of directors of Pteris Global Limited. For the avoidance of doubt, Mr. Zheng Zuhua will remain as a member of the nomination & remuneration committee of the company. Mr. Zheng Zuhua last held the position of Group Chief Executive Officer and Executive Director of the company.

The effective date of change will be April 4, 2016.