# Jason Clifton

Chief Financial Officer, Joint Company Secretary

## Career chronology

- **CFO from 4 December 2023; joint secretary from 18 December 2023: Deterra Royalties** — CFO and joint company secretary. [Executive management changes](<https://www.deterraroyalties.com/wp-content/uploads/2023/08/2593276.pdf>) (p.1, CFO effective date); [2026 annual report and Appendix 4E](<https://www.deterraroyalties.com/wp-content/uploads/2026/08/Annual-Report-2026-and-Appendix-4E.pdf>) (printed p.31, secretary effective date)

- **2021–10 November 2023: Australian Strategic Materials** — Chief Financial Officer. [Annual financial report 2023](<https://announcements.asx.com.au/asxpdf/20230929/pdf/05vhh2g0b3g9kk.pdf>) (printed pp. 25–28, CFO and subsequent events)

- **Before ASM; exact dates unavailable: Woodside Energy** — Senior Vice President Financial Services. [Executive management changes](<https://www.deterraroyalties.com/wp-content/uploads/2023/08/2593276.pdf>) (p.1)

- **Before Woodside; exact dates unavailable: Bankwest and Westpac New Zealand** — CFO roles. [Executive management changes](<https://www.deterraroyalties.com/wp-content/uploads/2023/08/2593276.pdf>) (p.1)

## Education and qualifications

### Issuer-reported finance qualifications [clifton_edu]

Undated · issuer reported · medium materiality

Deterra reports a UWA Bachelor of Commerce, chartered-accountant fellowship, Financial Services Institute fellowship and AICD membership. These have not been independently verified.

**Attribution:** Responsibility not applicable. The source supports the described role, not an attribution of other actions.

**Relevance:** Relevant to assessment of the person’s role and evidence quality.

[Executive management changes](<https://www.deterraroyalties.com/wp-content/uploads/2023/08/2593276.pdf>) (p.1)

## Business failures and setbacks

### Former employer reported FY2023 loss [clifton_asm]

FY2022–FY2023 · issuer reported · medium materiality

ASM reported an FY2023 net loss attributable to owners of A$26.303m, versus A$24.257m in FY2022, while Clifton was CFO. ASM also advanced its Korean metals plant during the period. This is an early-stage company result and not proof of individual causation.

**Attribution:** Role overlaps event; causation unproven. CFO role overlapped the financial periods; individual responsibility for the company results was not established.

**Relevance:** Relevant to assessment of the person’s role and evidence quality.

[Annual financial report 2023](<https://announcements.asx.com.au/asxpdf/20230929/pdf/05vhh2g0b3g9kk.pdf>) (printed pp. 4–7, 26–28)

## Suitability for the current role

### Finance experience relevant to royalty investment [clifton_fit]

Assessment through 31 October 2026 · analyst inference · medium materiality

His reported resources, energy and banking finance roles provide relevant financial background; individual deal-level capital-allocation contribution remains unquantified.

**Attribution:** Responsibility not applicable. The source supports the described role, not an attribution of other actions.

**Relevance:** Relevant to assessment of the person’s role and evidence quality.

[Executive management changes](<https://www.deterraroyalties.com/wp-content/uploads/2023/08/2593276.pdf>) (p.1); [Annual financial report 2023](<https://announcements.asx.com.au/asxpdf/20230929/pdf/05vhh2g0b3g9kk.pdf>) (key management personnel)

## Evidence gaps

- Independent credential confirmation and exact tenure at prior banking and energy employers are unavailable.

- Individual contribution to capital-allocation outcomes is not independently quantified.
