Flinders Mines Limited announced that Mr. Robert (Rob) Foster has been appointed as a nominee non-executive Director of the Company's major shareholder, TIO (NZ) Limited, effective 6 October 2022. Mr. Foster replaces Mr. Evan Davies, who resigned from the Board on 11 April 2022. Mr. Foster is a senior executive of The Todd Corporation Limited and has significant leadership experience in the energy, investment and finance sectors.

His existing governance roles include as Independent Member of the Audit and Risk Committee of Te Runanga O Ngai Tahu and Advisory Committee member of Forest Partners Limited Partnership investment fund. Mr. Foster is a former Independent Director of NZX listed NZ Windfarms Limited and was the former Chief Executive of listed King Country Energy Limited. Rob has held senior corporate advisory roles with investment banks Macquarie Bank and ABN AMRO and is a member of the Institute of Directors in New Zealand.