LOTUS RESOURCES LIMITED — Board/Management Information 2015

Nov 30, 2015

ASX RELEASE

1 DECEMBER 2015

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BOARD CHANGES

Dragon Energy Ltd (ASX: DLE) advises that Nancy Liang has resigned as company secretary of the Company. The Board of Directors expresses its appreciation to Ms Liang for her valuable service to the Company since her appointment. Ms Liang will continue in her role as CFO of the Company.

The Company is pleased to announce the appointment of Mr Keong Chan as Non-Executive Director and Company Secretary.

Mr. Chan has provided advice to a number of companies on corporate matters in relation to capital raisings, IPOs, back door listings, mergers and acquisitions, takeovers/divestments and has sat on or acted as an advisor to a number of ASX listed boards.

Mr. Chan holds a Bachelor of Commerce from the University of Western Australia and a Master of International Customs Law and Administration from the University of Canberra.

For further enquiries, please contact:

Gang Xu Managing Director Telephone: +61 8 9322 6009

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A C N 1 1 9 9 9 2 1 7 5 Suite 8, 1297 Hay Street, West Perth, Western Australia, 6005 T: (61-8) 9322 6009 F: (61-8) 9322 6128