Turquoise Hill Resources Ltd. announced that Mr. Ulf Quellmann has resigned as the Company s Chief Executive Officer effective March 3, 2021, the Board of Directors of the Company (the Board) and Mr. Quellmann having agreed that it would not be in the best interests of the Company for Mr. Quellmann to continue in this position. Following the discussions held with Mr. Quellmann, the Board and Mr. Quellmann determined that it was in the best interests of the Company that Mr. Quellmann resign his positions as CEO and as a director of the Company.