Ivanhoe Electric Chairman and current Chief Executive Officer Robert Friedland and current President Eric Finlayson are announced that Taylor Melvin will join the Company as its Chief Executive Officer. Mr. Melvin has over 20 years of experience in the natural resources sector as a senior corporate development professional and investment banker. He was most recently Vice President, Corporate Development for Freeport McMoRan Inc, a leading international mining company focused on copper, headquartered in Arizona.

Prior to joining Freeport-McMoRan in 2008, Mr. Melvin was an Executive Director in J.P. Morgan's Natural Resources investment banking group in New York. Mr. Melvin received his Bachelor of Science in Business Administration and his MBA from the University of North Carolina at Chapel Hill. All appointments and changes, including Mr. Melvin's appointment, will be effective November 21, 2022.