Lugano, 12 January 2015
Resignation of the President of the Board
With letter of 12 January 2015, Mr Marco Marenco, President of the Board of Directors of OTI Energy SA has communicated to the Company his resignation as president with immediate effect. Mr Marenco has informed the Company that he has decided to resign for personal reasons and in order to better attend to his foreign business affairs. The Board has taken note of the resignation and expresses its highest gratitude to Mr Marenco for his long commitment to and support of OTI Energy SA.
The Board is already evaluating potential candidates for election onto its Board of Directors and is in contact with new strategic investors willing to become substantial shareholders in OTI Energy SA and also willing to assume responsibility as member(s) of the Board. It is planned that replacement elections will be held in an Extraordinary General Meeting (EGM) to be convened as soon as OTI Energy SA is able to propose to its shareholders one or more new members of the Board for election.
The Board has today designated Mr Nicolò von Wunster as new president ad interim until the EGM, which will be convened as soon as possible, will elect the new President.
Further inquiries: OTI Energy SA
Nicolò von Wunster, President and CEO

OTI Energy SA - Via Nassa 31 - Casella Postale 6199 - 6901 Lugano

Tel. +41 91 922 00 73 - Fax +41 91 922 00 78 - Iva nr. 753763

IDI nr. CHE - 101.017.162

Email: info@oti-energy.ch- www.oti-energy.ch

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