SVL Announces Board Changes

Supreme Ventures Limited (SVL) has advised of the following changes to the composition of its Board following a meeting held on November 7, 2017:

Resignation:

• Independent Non-Executive Director  Mr. Peter Chin has resigned as a Director of the Company, and consequently, as Chairman of the Audit Committee.

Appointment:

• Independent Non-Executive Director Mr. Ansel Howell has been appointed as a member of the Audit Committee.
• Mr. Peter McConnell has been appointed as a Non-Executive Director to fill a casual vacancy, effective November 7, 2017.
• Mr. W. David McConnell has been appointed as a Non-Executive Director to fill a casual vacancy, effective November 7, 2017.

SVL further advised that the Chairman of the Audit Committee will be decided at the next meeting of the Board of Directors and that the Deputy Chairman, Mr. Ian Levy, will continue to act as the Board’s Chairman until the Board elects a new Chairman.