Castillo Copper Limited announce the appointment of Mr. Eduardo Robaina BEng and Mr. Joel Logan BSc to the Castillo Copper Board of Directors. In light of these appointments, the following Board Changes are effective 14 March 2024: Mr. Eduardo Robaina BEng will assume the role of Non-Executive Director. Mr. Joel Logan BSc will assume the role of Non-Executive Director.

Mr. Jack Sedgwick BEng BCom MBA (Distinction) GAICD steps down from his role as Non-Executive Director. Mr. David Drakeley steps down from his role as Non-Executive Director. Eduardo Robaina is an accomplished Managing Director and Engineering Consultant with an executive and technical skillset that will greatly complement that of the Castillo Copper Board.

Possessing over two decades of experience working in the resources sector, spanning both technical and leadership positions at foremost businesses - including the likes of Woodside, Mineral Resources, Santos and most recently Add Energy (part of ABL Group) - Mr. Robaina brings an all encompassing understanding of business operations. In his most recent position as Managing Director at Add Energy, Mr. Robaina was responsible for overseeing the business operating model, which saw the Company achieve significant financial growth over a 4-year period. He was an active member in Add Energy's Executive team during its 2022/23 acquisition and integration into ABL Group.

Joel Logan is an Exploration Geologist with an impressive breadth of work experience in exploration, development and producing assets. These operations have hosted a variety of resources such as copper, uranium, gold, lithium, nickel, cobalt and PGEs. Over the course of his professional career, Mr. Logan has developed strong theoretical and practical skills, enabling the delivery of geoscientific outcomes to notable Companies and operations, including the likes of BHP's Olympic Dam Project and Azure Minerals Ltd.'s Andover Project.

Mr. Logan's role at Azure Minerals saw him design and execute exploration and drill hole strategies, in addition to resource development of highly mineralised LCT pegmatities. This experience in driving early-stage activity will be invaluable to furthering Castillo Copper's asset development strategy.