Quebec Rare Earth Elements Corp. announced that at its annual general and special shareholder meeting held on January 24, 2024 elected Richard Roy as director of the company. Richard Roy: Richard Roy brings over 30 years of experience in the mineral resource industry across three continents, including extensive experience with underground and open pit mine geology.

Richard has held the position of Vice President New Ventures with Endeavour Mining Corporation upon the completion of the acquisition of SEMAFO Inc. in March 2020. Mr. Roy spent almost 11 years with SEMAFO Inc. (as the Exploration Manager and subsequently holding the position of Vice President Exploration), where he focused on target selection and prioritization, and was part of the acquisition team looking at opportunities of a variety of grassroots to late-stage level projects. Mr. Roy has designed and implemented successful exploration programs and mine feasibility programs in Mexico and North America, working for companies such as Aur Resources, Placer Dome, and several other junior companies.

He has been involved in the discovery of several gold deposits that ultimately reached the mining stage. Mr. Roy has worked with various geological environments and commodities including precious and base metals located in diverse challenging environments such as the Canadian Arctic and African desert. Mr. Roy holds a B.Sc.

in Geology from Concordia University in Montreal and is a member of the Ordre des Géologues du Québec. Mr. Trumbull Fisher did not stand for re-election at the Meeting.