Metalicity Limited announced the appointment of Mr. Steven Wood as Independent NonExecutive Director with immediate effect after it's Annual General Meeting. Mr. Wood is a Director of Grange Consulting Group Pty Ltd. and specialises in providing corporate advisory, governance, and financial compliance consulting services to a number of ASX listed and unlisted entities. Steven is currently Chairman of Uvre Limited and Company Secretary for a number of ASX listed entities including Develop Global, Caspin Resources, Rumble Resources and 92 Energy.

As previously advised, Mr. Andrew Daley announced he would not be seeking reelection at the AGM due to personal reasons and will be retiring after nearly 10 years' service with the Company. Mr. Daley was an inaugural Director and Chairman of Metalicity Limited upon relisting and has provided the Company with outstanding leadership and guidance during his tenure. Mr. Daley remains a strong believer and supporter of the Company and its direction under the current leadership and looks forward to its future success.

Mr. Justin Barton will take on the role of acting Chairman with immediate effect, whilst the Company continues its discussions and search for a new Chairman. Steven brings to the Board over 15 years of corporate advisory, governance and financial compliance experience in the mining and resources sector. Steven will be invaluable to the Company as the company look to emerge and push forward with Queensland tenure and seek resolution with joint venture matters.

In addition, due to personal reasons, Mr. Nick Day has also tendered his resignation as Company Secretary. Current Company CFO, Ms Kate Breadmore, will be appointed joint company secretary with Mr. James Doyle of Grange Consulting Group Pty Ltd, effective 1 December 2022. Mr. Doyle is an experienced advisory and governance professional specialising in the provision of company secretarial and corporate advisory services to public and private companies across a range of sectors including resources, industrials and information technology.