NORTHERN STAR RESOURCES : BOARD UPDATE

Northern Star Resources Limited (ASX: NST) advises that as part of its commitment to progressive corporate governance, the Company has decided to initiate a global search for an Independent NonExecutive Chair.

As part of this transition, Mr Beament will retire from the Northern Star Board, effective July 1, 2021.

With Mr Beament agreeing to take up an Executive Director role with Venturex Resources (ASX: VXR) from July 1, the Northern Star Board has decided that Independent Non-Executive Director John Fitzgerald will perform the role of Independent Non-Executive Chair from then until the appointment of the new Chair.

Mr Beament joined Northern Star in 2007 as Managing Director and was appointed Executive Chair in 2016.

Northern Star Non-Executive Director John Fitzgerald thanked Mr Beament for his outstanding contribution to the Company over a long period.

'Bill has guided Northern Star through a period of exceptional growth, building a globally-significant gold company which generates substantial returns for Shareholders,' Mr Fitzgerald said.

Mr Beament said he fully appreciated the opportunity to help Northern Star generate exceptional results for all Stakeholders.

'I share the view that now is the right time for Northern Star to begin the search for an Independent Chair,' he said. 'The Company is in an extremely strong position, with an outstanding team and some of the best gold assets in the world.'

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