Notice of Personnel Changes Regarding Officers

MTI Ltd. (hereinafter the “Company”) announces that at the meeting of the Board of Directors held on November 4, 2020, it was informally decided to implement personnel changes regarding its officers as of December 19, 2020.
The election of the candidates for new Directors will be submitted for formal approval at the 25th Ordinary General Meeting of Shareholders to be held on December 19, 2020.

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