Mercantile Investment Company Limited announced the appointment of Ms Jacqueline Sullivan as an independent non-executive director. Recently, she has been appointed as the Non- Executive Director of Sandon Capital Investments Limited effective 20 December 2021. The Company has also been advised by Ms Melinda Snowden of her intention to retire as a director after the release of the Company's half year results in early 2022.

Melinda has recently become a non-executive director of Best & Less Group Holdings Ltd. and Megaport Ltd.