Golden Energy and Resources Limited upon the recommendation of the nominating committee, which had reviewed the qualification and experience of Mr. Djuangga Mangasi Mangunsong, the board of directors has approved the appointment of Mr. Mangunson as an Independent and Non-Executive Director of the company, with effect from January 18, 2018. He was 2017 to present director, PT Tambang Mas Sangihe. 2017 to present country manager, East Asia Minerals Corporation. 2012 to present vice chairman, PT Indo Minerba Insani (Indonesian Mining Institute). 2016 to present member of working group on Energy and Mineral Resources of National Committee, Economy and Industry, Republic of Indonesia. 2012 to present non-executive director, PT Media Bakti Tambang (Majalah Tambang). Effective from Jan. 18, 2018.