Theta Gold Mines Limited announced that Mr. Simon Liu will step down as a long-serving Non-Executive Director due to his commitments with Rose Rock Capital Ltd, a wholly-owned subsidiary of the Rockefeller
investment arm in the Asia Pacific. His resignation is effective 14 May 2023. Mr. Liu has successfully served on the Board of Theta Gold since January 2013 as a Non- Executive Director and added tremendous value to the board during his years of service. He will remain with the Company in the capacity of a consultant.