On November 3, 2021, the Board of Directors of the Brazil Minerals, Inc. (the ?Board?) unanimously elected Ms. Cassiopeia Olson, Esq., as a new independent director to fill a vacant seat on the Board. On November 4, 2021, the Company and Ms. Olson signed a Board of Director Agreement setting the Company?s and Ms. Olson?s responsibilities to each other and Ms. Olson?s compensation for acting as a director. Both Ms. Olson and Ambassador Roger Noriega, also an independent director, will serve as members of the newly formed Audit Committee of the Board. Ms. Olson, age 44, is an attorney with extensive experience in international contracts and venture negotiations. She has represented or engaged in transactions with leading companies, including Credit Suisse, UBS, Apollo Group, Universal Music Group, Sony, Chrysler/Jeep, Stella Artois, Miller Brewing Company, General Motors, McDonald?s, Verizon, among others.