GENESIS RESOURCES LIMITED — Board/Management Information 2016

May 30, 2016

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GENESIS RESOURCES LIMITED

(ASX: GES)

ASX and Media Release

31 May 2016

Appointment of Non-Executive Directors

Genesis Resources Limited ( Genesis or the Company ) is pleased to advise that two new NonExecutive Directors, Messrs Kim Heng Lim and Chin Niap Mah have been appointed to the Board of Genesis effective today, 31 May 2016.

Genesis welcomes the new Directors on Board, and looks forward to their contribution to the Company. Biographies for each new Director are provided below, and Appendices 3X (Initial Director’s Interest Notices) in relation to each new Director will follow shortly.

Mr Kim Heng Lim

Mr Lim has an MBA from Southern California University and is the founder and managing director of Senheng Electric (KL) Sdn Bhd ( Senheng Electric ), a large retail outlet chain in Malaysia, which was established in 1989 and has more than 130 stores retailing electronics. Mr Lim has won several awards, including Franchise of the Year, Entrepreneur of the Year, and Best Employer of Choice.

Mr Chin Niap Mah

Mr Mah obtained the Chartered Certified Accountant qualification from the Association of Chartered Certified Accountants ( ACCA) in 2004 and is currently a Fellow member of ACCA and the Malaysian Institute of Accountants. Mr Mah possesses more than 25 years of finance and accounting experience, having held positions in various companies from a diverse range of industries. He also holds an MBA from Golden State University. Mr Mah has served as the Chief Financial Officer of Senheng Electric since September 2008.

-Ends-

For further information, please contact:

Sophie Karzis

Company Secretary T: +61 3 9286 7501 E: sk@ccounsel.com.au

GENESIS RESOURCES LIMITED ACN 114 787 469 Level 1, 61 Spring Street, Melbourne, Victoria 3000, Australia T + 61 3 9286 7500 | F + 61 3 9662 1472 | www.genesisresourcesltd.com.au