# Duncan Hughes

Chief Corporate Development Officer

## Career chronology

- **Current in 22 September 2026 annual report; exact commencement date not established: Bellevue Gold Limited** — Chief Corporate Development Officer. [FY2026 Annual Report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03137847-6A1344802>) (PDF p20, printed pp36–37 executive management biographies)

- **Joined Gold Road in early 2018; departure exact date not established: Gold Road Resources** — Manager and later General Manager, Corporate Development and Investor Relations. [September investor presentation](<https://goldroad.com.au/wp-content/uploads/2020/10/20200916-September-Investor-Presentation.pdf>) (p leadership profile); [FY2026 Annual Report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03137847-6A1344802>) (PDF p20, printed p37 biography)

## Education and qualifications

### Reported qualifications [hughes_education]

Reported in issuer records through 2026 · issuer reported · low materiality

First-class honours geology degree and MBA in Investment and Risk, according to Bellevue and Gold Road.

**Attribution:** Responsibility not applicable. The issuing institution or professional body was not independently asked to verify the credential.

**Relevance:** Background for the current role.

[September investor presentation](<https://goldroad.com.au/wp-content/uploads/2020/10/20200916-September-Investor-Presentation.pdf>) (leadership biography, Duncan Hughes)

## Contributions and company outcomes

### Gold Road tenure through project development [corp_context]

2018–2025 · issuer reported · medium materiality

Gold Road identified Hughes as its manager of corporate development and investor relations in 2020; Bellevue describes his later GM role during Gold Road’s transition toward an established producer.

**Attribution:** Role overlaps event; causation unproven. The project and company evolution involved many participants; his individual contribution is not quantified.

**Relevance:** Corporate development and investor relations experience.

[September investor presentation](<https://goldroad.com.au/wp-content/uploads/2020/10/20200916-September-Investor-Presentation.pdf>) (leadership biography); [FY2026 Annual Report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03137847-6A1344802>) (PDF p20, printed p37 biography)

## Suitability for the current role

### Experience relevant to role [hughes_fit]

Career to 2026 · analyst inference · medium materiality

Analyst inference: the issuer-reported career and current role provide experience relevant to Chief Corporate Development Officer; performance in that role cannot be established from biography alone.

**Attribution:** Responsibility not applicable. Role fit is an analytical judgment based on cited career evidence.

**Relevance:** Role relevance, with attribution limits.

[FY2026 Annual Report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03137847-6A1344802>) (PDF p20, printed pp36–37 executive management biographies)

## Evidence gaps

- Independent verification of educational and professional credentials was not obtained.

- Detailed dates and responsibilities across earlier employers and any direct contribution to aggregate outcomes remain incomplete.

- Open-web searches are limited and do not establish an exhaustive legal, criminal, sanctions or regulatory record.
