The board of directors of NauticAWT Limited announced the resignation of Mr. Bjarne Strikert as Independent Non-Executive Director of the Company with effect from 19 October, 2017. Following his resignation, Mr. Bjarne Strikert will cease to be the Chairman of the Remuneration and Nominating Committees and a member of the Audit Committee. Consequently, Mr. Tay Kee Liat will be appointed Chairman of the Nominating Committee and Mr. Teo Lek Hong will be appointed Chairman of the Remuneration Committee.