The board of directors of CITIC Resources Holdings Limited announced the following changes in the directors of the Company with effect from 28 March 2019: the resignation of Mr. Kwok Peter Viem as an executive Director, the chairman of the Board and of the Company, the chairman of the nomination committee of the Board and a member of the risk management committee of the Board; and the appointment of Mr. Sun Yufeng as an executive Director, the chairman of the Board and of the Company, the chairman of the Nomination Committee and a member of the Risk Management Committee. Mr. Kwok, having recently reached the age of 70, has advised the Board of his wish to resign from his various positions and offices with the Company and devote his time to his own business interests. Mr. Sun, aged 54, is the vice chairman and president of CITIC Metal Group Limited, positions he has held since 2016. He will be responsible for the strategic and corporate development, management and operations of the Group. Mr. Sun is a non-executive co-chairman of Ivanhoe Mines Ltd.