Advanced Engine Components Limited appointed Messrs Peter Wall and Chris Ntoumenopoulos as Non-Executive Directors, effective immediately. Concurrent with the appointments of Messrs Peter Wall and Chris Ntoumenopoulos, Non-Executive Director, Mr. Nicholas Young has resigned from the Board, effective immediately. Wall is a corporate lawyer and has been a Partner at Steinepreis Paganin since July 2005.

Wall currently sits on the board of a number of ASX listed companies. Ntoumenopoulos is a partner at CPS Capital. He has worked in financial markets for the past 12 years, focusing on capital raisings, portfolio management and corporate advisory.