Astoria Investments Ltd.'s Shareholders are advised that Mr. Peter Todd and Mr. Peter Armitage have notified the Board of their intention to resign as non-executive directors of the Company with effect from 17 January 2020. Ms Tiffany Purves has notified the Board of her intention to resign as chief financial officer of the Company with effect from 17 December 2019 and chief executive officer of the Company with effect from 17 January 2020. In anticipation of the resignation of Ms Tiffany Purves, shareholders are advised that Mr. Dean Schweizer, who was appointed as a non-executive director of the Company on 10 January 2019, will be appointed as chief financial officer of the Company with effect from 17 December 2019.