Mineral Resources Limited appointed Meri Verli to board of directors effective May 16, 2022. Meri will also stand for election as a director at the upcoming annual and special
meeting of shareholders to be held on June 16, 2022. Meri is an experienced senior finance executive with an extensive background in financial management and reporting, financial and operational recovery, mergers and acquisitions, risk management and strategy development. Meri has held several senior management roles in the gold mining sector, including most recently as senior vice president for business operation management systems and previously as senior vice president finance and treasury at Kirkland Lake Gold, chief financial officer of McEwen Mining Inc. and vice president, finance at Lake Shore Gold from 2007 to 2016. Meri will assume the position of chair of Karora's audit committee. Wendy Kei, current director and audit committee chair, is retiring from the board effective May 16, 2022.