ChemX Materials Ltd. advised that it has appointed experienced mining executive Mark Tory as Chief Executive Officer (CEO), to commence on 13 February 2023. Mark is a Chartered Accountant with more than 35 years of experience in the mining industry and accounting profession. Most recently he was CEO at Northern Minerals Limited for 2.5 years after serving several years as Chief Financial Officer. Mark was instrumental in the planning, construction and operations of Northern Minerals' heavy rare earth Pilot Plant in the Kimberley region of Western Australia. He has also been involved in multiple exploration programs and project studies at Northern Minerals, Crescent Gold, Anglo American and
Homestake. Kristie Young has notified the Company that due to increasing commitments on various other boards, she
will step down from her role as Chair and director on the ChemX Board with immediate effect. With the appointment of Mark Tory, interim Managing Director, Stephen Strubel, will revert to his former
executive director role, to be additionally responsible for investor relations and corporate development.