Ramaco Resources, Inc. announced that it has accepted the resignation of two independent directors associated with the private equity firm of Energy Capital Partners ("ECP") and also announced the appointment of a new independent director. Jennifer Gray and Mahmud Riffat, both senior officers of ECP, confirmed to Ramaco Chairman Randall Atkins that effective December 27, 2021, they would both resign in order to facilitate the future distribution of the shares of Ramaco owned by various ECP partnerships to their respective limited partners. The company also announced that effective as of January 1, 2022, it will appoint Aurelia Skipwith Giacometto as a new director, who will serve as a director with a term expiring at the company's annual meeting in June 2022.

Ms. Giacometto comes to Ramaco with a wide background as an experienced government administrator at the federal level, an attorney, a scientist, and a businesswoman. She served as the Director of the United States Fish and Wildlife Service until earlier this year. Most recently she has been the General Counsel of AVC Global, an international logistics company that operates using blockchain technology.

She co-founded the company in 2016.