BNN Resources Regulatory News (BNN)

15 November 2017

BNN Technology plc

("BNN Technology", the "Company" and, together with its subsidiaries and entities that are controlled by the Company, the "Group")

Appointment of Non Executive Director

Further to the Company's recent announcements, the independent committee of the board of directors of the Company (the "Board") (being Harry Keiley and Lord Mancroft) (the "Independent Committee") is pleased to announce the appointment of Mr. William Ramsay as an independent Non-Executive Director with immediate effect.

William is fluent in Mandarin and has over 30 years' experience in the Asian capital markets, having lived and worked across Asia, notably in Beijing, Hong Kong, Tokyo, Seoul and Kuala Lumpur. He is a UK and Canadian citizen and has held Executive and Non-Executive positions at companies listed on the London and Toronto Stock Exchanges.

He was Chairman and CEO of Toronto-listed Nelson Resources between 2000 and 2002, before joining Caspian Energy Inc. in 2004 as Chairman and CEO, where he remained until 2014. Caspian Energy was also listed in Toronto but subsequently, was dual listed on AIM in London. William worked to attract Chinese partners to the company, developed its assets and a controlling stake was eventually sold to Chinese interests.

William's career includes portfolio management at S.G.Warburg, specialising in the Japanese, Asian and Australian markets. He was also a director of Baring International Investment Management in Korea and Japan, where he had the principal responsibility for managing funds investing in the Asian equity markets. William has also worked for Jardine Fleming Securities in Hong Kong. William is currently a Director of ECP Emerging Europe Fund.

The appointment is in line with the Company's strategy of strengthening its Board composition as announced on 24 October 2017.

Chairman of BNN Technology, Harry Keiley, said: "I am pleased to announce the appointment of William Ramsay as an Independent Non-Executive Director. William has spent most of his career in Asia, giving him invaluable experience both professionally and culturally. His background is highly relevant, not only to BNN's core business, but also to our aspirations to improve the governance of the Group and we look forward to his contributions to the Board. William's appointment is one of several appointments being considering as the Company seeks to implement the right corporate structure ahead of the lifting of the share suspension."

The Company's shares remain suspended on AIM until the Company has finalised and announced its reconstituted board and executive management.

Additional information on William Ramsay

The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:

William A.G. Ramsay (aged 59)

Current Directorships/Partnerships Past (last 5 years)

ECP Emerging Europe Value Master Fund Caspian Energy Inc

ECP Emerging Europe Value Fund

Sir Iain Noble & Partners Ltd.

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

This Announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 ("MAR").

ENDS

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