Directorate Changes and Appointment of Chairman

12 January 2018

BNN Technology plc

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

Directorate Changes and Appointment of Chairman

BNN Technology (AIM: BNN), a London-listed Chinese technology, content and services company announces that, Mr. Harry Keiley has resigned as non-executive Chairman of the Group and, Lord Benjamin Mancroft has resigned as non-executive Director of the Group, both effective immediately.

Non-executive Director of the Group, Mr. Mark Hanson, has been appointed non-executive Chairman with immediate effect.

The Board of BNN is, as a matter of urgency, working with BNN's advisers to identify and appoint suitable executive directors to lead the Company.

The Board is continuing to talk to potential Nominated Advisers with a view to appointing one in the near future.

The Board is also examining a number of business opportunities in order to drive the Company forward.

Further announcements will be made in due course.

Mark Hanson, Chairman of the Group, said: "I am delighted to be taking on this role with the full support of the major shareholders and relish the challenge of helping build BNN into a strong and sustainable business in the longer term.

"We are grateful to Mr. Keiley and Lord Mancroft for their hard work and important contributions to BNN and we wish them every success in their future endeavours.

"My Board colleagues and I would also like to thank all of our shareholders for their continued support and look forward to updating them as to our progress as soon as possible."

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

ENDS

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