The board of directors of Agritrade Resources Limited (the Company, and together with its subsidiaries, the Group) announced that Mr. SULLIVAN, David (Mr. Sullivan) has been appointed as the chief executive officer of the Company with effect from 15 April 2021. Mr. Sullivan is a Founder and the Managing Partner of TransAsia Private Capital Ltd., where Mr. Sullivan oversees origination activities and corporate relationships. Mr. Sullivan is considered one of the pioneers in Asian commodity and structured trade finance with over 28 years of specialized industry experience.