# Aurelien Douyere

Chief Financial Officer

## Career chronology

- **Immediately before Asara; dates not disclosed: Sahara Natural Resources** — Chief Financial Officer. [Asara appoints a Chief Financial Officer](<https://asararesources.com/wp-content/uploads/2026/05/260518_Appointment-of-CFO.pdf>) (prior role)

- **From 18 May 2026; current: Asara Resources** — Chief Financial Officer. [Asara appoints a Chief Financial Officer](<https://asararesources.com/wp-content/uploads/2026/05/260518_Appointment-of-CFO.pdf>) (appointment effective date); [About / Proven Team](<https://asararesources.com/about/>) (CFO biography)

## Contributions and company outcomes

### Kada resource and exploration growth under current team [aurelien_douyere_kada_delivery]

2025–2026 · issuer reported · medium materiality

Asara’s 2026 filings report a 923 koz resource at Massan/Kada and active drilling; a 2026 quarter describes substantial resource growth and a A$60m placement supporting further exploration. The team’s roles overlap company progress, but personal responsibility is not isolated.

**Attribution:** Role overlaps event; causation unproven. These company outcomes overlap tenure for current management, where tenure is known; individual contribution is not separately established.

**Relevance:** Relevant to exploration-stage execution; no operating mine or production outcome yet.

[Quarterly Activities &amp; Cashflow Report – June 2026](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03115787-3A697876>) (June quarter resource/drilling and funding update); [Corporate Presentation](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03078975-3A691367>) (Kada project/team)

## Business failures and setbacks

### Exploration-stage funding dependence; no producing mine [aurelien_douyere_developer_risk]

2025–2026 · issuer reported · medium materiality

Asara’s 2025 report describes an exploration entity with no operating cash flow and dependence on external financing. Subsequent A$60m financing materially supports continued work. This is a stage/funding risk, not evidence of executive misconduct.

**Attribution:** Role overlaps event; causation unproven. Company financial condition overlaps management but does not establish individual failure or poor capital allocation.

**Relevance:** Relevant to stewardship and conversion of resources into a financeable project.

[2025 Annual Report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03000245-3A677431>) (material business risks, funding and cashflow); [Quarterly Activities &amp; Cashflow Report – June 2026](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03115787-3A697876>) (June quarter financing and activities)

## Suitability for the current role

### Professional background and role relevance [aurelien_douyere_background]

Career record to cutoff · analyst inference · medium materiality

Asara’s 18 May 2026 appointment announcement identifies Douyere as a CPA with 15+ years in senior finance roles and names him as CFO of Sahara Natural Resources immediately before Asara. Asara’s profile describes finance transformation, business improvement, operations, control/system implementation and English/French fluency. The reviewed public material does not provide dated role chronology, specific audited outcomes, or independent confirmation of prior titles.

**Attribution:** Responsibility not applicable. Sources provide selected background details, mostly issuer-reported; independent corroboration is incomplete.

**Relevance:** Experience and qualifications are relevant to the current functional remit, with evidence limitations.

[Asara appoints a Chief Financial Officer](<https://asararesources.com/wp-content/uploads/2026/05/260518_Appointment-of-CFO.pdf>) (appointment announcement, background and prior Sahara CFO role); [About / Proven Team](<https://asararesources.com/about/>) (Aurelien Douyere biography; finance remit and languages)

## Evidence gaps

- Several management roles lack appointment dates and full biographies in dated filings.

- Open-source review is not an exhaustive background, credentials, sanctions, litigation or regulator-record check.

- Guinea safety/environmental and community evidence is mainly issuer-reported in sources reviewed.

- Prior CFO tenure and individual finance outcomes at Sahara Natural Resources are not dated or independently corroborated in the reviewed public sources.
