Directorate Change - GBS

Gold Bullion Securities Limited

LEI: 213800EE1LGIXW16QB30

15 April 2020

Gold Bullion Securities Limited

Gold Bullion Securities

Directorship Changes

Gold Bullion Securities Limited (the "Company") wishes to announce that Hilary Jones has resigned as a Non-Executive Director of the Company and Christopher Foulds has been appointed as a Non-Executive Director of the Company, in each case with effect from 15 April 2020. Christopher's biography is set out below.

The Non-Executive Directors of the Company are as follows:

Stuart Bell

Christopher Foulds

Steven Ross

Peter Ziemba

Christopher Foulds - Non-Executive Director

Mr Foulds is a client services director of R&H Fund Services (Jersey) Limited as well as a non-executive director of the Company and of WisdomTree Hedged Commodity Securities Limited, WisdomTree Oil Securities Limited, WisdomTree Metal Securities Limited, WisdomTree Hedged Metal Securities Limited, WisdomTree Commodity Securities Limited and WisdomTree Foreign Exchange Limited. Mr Foulds graduated from the University of Portsmouth with an honours degree in Mathematics with Financial Management, before qualifying as a Chartered Accountant (FCA) with Deloitte LLP in Jersey, where he was responsible for assisting and managing a number of assurance and business advisory engagements focusing on offshore financial services clients. Following his departure from Deloitte LLP, Mr Foulds was a director of Active Services (Jersey) Limited, providing start-up management and support services to the funds sector. Subsequently Mr Foulds held various roles with ETFS Capital Limited, being primarily responsible for Financial Reporting as well as historically appointed as the Compliance Officer of the Company and WisdomTree Management Jersey Limited. He has also previously been a non-executive director of the Company. Prior to joining R&H Fund Services (Jersey) Limited in March 2020, Mr Foulds was the Head of Compliance and Regulatory Affairs for CoinShares (Jersey) Limited, a business providing digital asset investment products.

Terms used in this announcement but not defined have the meaning as set out in the prospectus of the Company dated 7 January 2020.

For further information please contact:

Ciaran Hocking

R&H Fund Services (Jersey) Limited

Tel: +44 (0) 1534 825200

Fax: +44 (0) 1534 825335

E-mail address: [email protected]