Axelum Resources Corp. announced that at its board meeting held on February 12, 2024, the following were elected to the Committees: Executive Committee: Romeo I. Chan, Chairman; Henry J. Raperoga, Member; Manuel V. Pangilinan, Member; Jason Rosenblatt, Member. Audit Committee: Laurito E. Serrano (Independent Director), Chairman; Rosemarie P. Rafael (Independent Director), Member; Joseph Augustin L. Tanco (Independent Director), Member.

Related Party Transaction Committee: Laurito E. Serrano (Independent Director), Chairman; Rosemarie P. Rafael (Independent Director), Member; Manuel V. Pangilinan, Member. Corporate Governance And Nomination Committee: Laurito E. Serrano (Independent Director), Chairman; Rosemarie P. Rafael (Independent Director), Member; Joseph Augustin L. Tanco (Independent Director), Member. Board Risk Oversight Committee: Rosemarie P. Rafael (Independent Director), Chairman; Joseph Augustin L. Tanco (Independent Director), Member; Henry J. Raperoga, Member.