Global Resources Investment Trust plc announced that Richard Lockwood and Malcolm Burne, both of whom are veteran fund managers, with exceptional records in the natural resources sector, will join the Board as Chairman and Executive Director respectively with immediate effect. Accordingly, and as referred to in the Company's announcement of 30 September 2021, James Normand, Chairman, will step down, also with immediate effect. Martin Lampshire will continue as Executive Director. The reconstituted Board is now in a position to progress its plans to commence the re-building of a diverse portfolio of natural resources investments and will in due course announce further proposals to advance this process.