The Steamships Board of Directors confirmed that Rupert Peter Napier Bray's resignation from the Board took effect on 1 July 2024. As noted in the ASX/PNGX announcement on 14 June Alessandro Mistroni's appointment as a director has taken effect from 1 July 2024. Mr. Alesandro's responsibilities include the role of finance director and company secretary, in place of Michael Richard Scantlebury who retired from those roles at the end of June
2024. Mr. Mistroni began his career in UK with Smiths Group Plc; he has over 20 years' experience in financial leadership roles across Europe, Middle East and Asia in both private and public listed companies. In his previous roles he was responsible for business turnaround, digital transformation, financial planning and liquidity management. He holds a Bachelor's Degree from University of East London and he is a Fellow of Chartered Institute of Management Accountants of England and Wales as well as CPA Australia.