The board of directors of Hulamin Limited announced that Mr. Meganathan Gounder (Mark), the current chief financial officer ("CFO") of the Company, has been appointed as the chief executive officer ("CEO") of Hulamin with effect from 1 December 2023. Mark will replace Mr. Geoff Watson, who was previously an independent non-executive director and was appointed as the interim CEO on 1 October 2022. Geoff will return to the role of non-executive director with effect from 1 December 2023.

Mark joined Hulamin on 1 April 2021 as the CFO. During his tenure as CFO, he has developed a deep understanding of Hulamin and has been instrumental in leading a number of key strategic projects, including successfully implementing an enterprise-wide transformation journey focused on streamlining processes and driving efficiencies across the entire business. His extensive background and wealth of experience makes him an excellent fit for the CEO role.

The Board is pleased to appoint a strong internal candidate as the CEO and looks forward to Mark's continued contribution to Hulamin.