Paladin Limited announced that with effect from March 1, 2017. Mr. Luo Rongxuan was appointed as an independent non-executive director, a member of each of the remuneration committee, nomination committee and audit committee of the company. Mr. Luo, aged 61, graduated from Radio Department of Anhui University. Mr. Luo has over 35 years of experience in radio management. He was an engineer in Office of Radio Regulation Committee in Anhui Province and the head of the radio monitoring station, and then he was a director of the infrastructure division of Anhui Economic and Information Technology Commission. He worked at Anhui Economic and Information Technology Commission as a director of the private enterprise division before his retirement in 2014. Professor Huang Weizong Martin resigned as an independent non-executive director, and a member of each of the remuneration committee, nomination committee and audit committee. Professor Huang resigned as an independent non-executive director of the company with effect from 1 March 2017 due to his other work commitments. Upon resignation, Professor Huang ceased to be the member of each of the remuneration committee, nomination committee, audit committee. Professor Huang confirmed that he has no disagreement with the board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.