SmartTrans Holdings Limited has assessed the composition of its Board, to determine the optimum structure for the Company's size and operations. As a result of that process, SmartTrans advises that Non-Executive Directors Ms Tracy Colgan, Mr. Mark Ziirsen and Mr. Yui (Ian) Tang have decided to step down effective immediately. Executive Director Mr. Scott McIntosh will also step down as a director but maintain his executive role as Chief Operating Officer. Mr. McIntosh will act as alternate director for Warren Preston as required. Non- Executive Chairman Hon Mark Vaile AO will also resign effective 30 June 2018. Mr. Vaile will assist the Company in recruiting a new Non-Executive Chairman with the relevant industry experience to assist the Company in its renewed focus.