Resignation of Interim Managing Director

Magnis Energy Technologies thanks Mr. Leslie Hosking for his service on their Board of Directors and wish him well in his future endeavours.

Magnis Energy Technologies Limited (ASX:MNS) announces that Intermin Managing Director Mr. Leslie Hosking has Resigned from the Board of Directors with immediate effect.

The Board would like to thank Les for his efforts and wish him well in his future endeavours.

The Company is in the process of finalising a review and update to the Company Corporate Governance and various committee structures that will be released during the quarter.

This announcement has been authorised for release by the Board of Magnis Energy Technologies Ltd.

For further information:

Frank Poullas, Chairman

Ph: +61 2 8397 9888

www.magnis.com.au

Source

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