Global Ferronickel Holdings Inc. announced that during a special meeting of the Board of Directors of FNI held on 2 November 2015, the Board accepted the resignation of Mr. Carlo A. Matilac as FNI Regular Director. In view of the vacancy created by the resignation of Mr.Matilac, the Board, as endorsed by the Nomination Committee, elected Ms. Mary Belle D. Bituin as Regular Director, to serve the remaining term and until her successor has been elected and qualified. The Board also confirmed the appointment of Mr. Ramon Peter E. Adviento as Senior Vice President for Investor Relations.

These all changes are effecctive from November 12, 2015.