Westgold Resources Limited (Westgold or the Company) announced the following changes to the Board of Directors, effective March 28, 2022. Mr. Peter Cook retired as Non-Executive Chair. After agreeing to delay his retirement at the outset of the global pandemic, Peter Cook will now retire from the Board of Westgold.

Mr. Cook was founder of the group of companies from which the current Westgold was conceived in 2004 and over the past 7 years has been the driving force and strategist of the Westgold business. The company announced the appointment of the Hon. Cheryl Edwardes AM as Independent Non-Executive Chair, replacing Mr. Cook.

Cheryl is a highly credentialled and experienced company director and Chair. A solicitor by profession and former Minister in the Court Government, Cheryl has extensive experience and knowledge of WA's legal and regulatory framework relating to mining projects, environmental, native title, heritage, and land access. She currently serves as Deputy Chair of Flinders Mines Limited, Chair of Nuheara Limited and Vimy Resources Limited, from which she will step-down post completion of a strategic review process.

The company announced the appointment of highly experienced mining executive, Mr. Julius Matthys to the Board as an Independent Non-Executive Director. Julius has substantial corporate experience having spent 36 years in the resources sector in large corporate entities including senior executive roles as President of Worsley Alumina JV, Marketing Director at BHP Iron Ore, Alumina and Aluminium. Julius was previously Chair of gold producer Doray Minerals Limited, managing its merger with Silver Lake Resources.

He currently serves as a Non-Executive Director of Quintis and is Chair of Council at John XXIII College. As a result of Ms. Edwardes and Mr. Matthys appointments, the Westgold Board will now be by majority independent, non-executive and meet diversity expectations.