Podium Minerals Limited announced that Mr. Clayton Dodd will step down as director and Executive Chairman, with effect from the conclusion of the Company's 2022 Annual General Meeting to be held at Vibe Hotel, 9 Alvan Street Subiaco WA 6005, on 21 November 2022. Mr. Dodd is a founding Director of Podium and has been instrumental in a significant period of transition since taking over as Executive Chairman in April 2020. Having successfully built a team capable of developing the Parks Reef PGM deposit, he believes the upcoming AGM is an appropriate time to step off the Board.

This orderly transfer of Board and managerial responsibility is possible due to his confidence in the highly experienced team in place who are driving towards the goal of becoming Australia's first supplier of Platinum Group Metals. it is intended Mr. Rod Baxter will become Chairman of the Company from the conclusion of the AGM. Further details are expected to be announced once terms are finalised in the coming days.

Mr. Putland was appointed as Non-Executive Director of the Company on 3 November 2022. Pursuant to ASX Listing Rule 14.4 and the Company's constitution, a director appointed as an addition to the Board must not hold office, without election, past the next AGM of the Company. On 3 November 2022, Mr. Putland was appointed as a Non-Executive Director of the Company.

Accordingly, Mr. Putland retires as a Director at the Meeting and, being eligible, seeks approval to be elected as a Director pursuant to Resolution 2A. Mr. Putland is an accomplished Director and Business Executive with over 35 years' experience in the mining industry throughout Australia and internationally. He has held operational and technical leadership positions at both open cut and underground mines and worked as a private equity manager providing development and expansion capital to global projects and companies.

His experience adds knowledge in project management, feasibility studies, company evaluation and due diligence appraisal. Mr. Putland currently serves as the Managing Director of Toba Resources Limited, Executive Director of Tesoro Gold Limited, and an Independent Non-Executive Director of Breaker Resources NL.