# Daniel Mamadou Blanco

Managing Director

## Career chronology

- **since 2021: Energy Transition Minerals Ltd** — Managing Director. [Annual Report to shareholders](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03061767-6A1313848>) (Corporate directory or key management personnel disclosure)

- **FY2023–FY2024: Welsbach Holdings Pte Ltd / TME SL** — Controlling interest / project counterparty involvement. [2024 Annual Report](<https://www.annualreports.com/HostedData/AnnualReportArchive/e/OTC_GDLNF_2024.pdf>) (2024 annual report related-party note: Daniel Mamadou has controlling interest in Welsbach; its subsidiary TME SL was involved in a project earn-in. Company advances for approved exploration were disclosed; this is a conflict/related-party issue, not a misconduct finding.)

## Environmental record

### Penouta inherited a suspended/annulled permit; criminal environmental case later provisionally dismissed [daniel_penouta_environment_status]

2023–2026, status at 2026-10-09 · documented · high materiality

The Penouta Section C permit held by prior operator Strategic Minerals was provisionally suspended in October 2023 and annulled by the Galician High Court on 7 June 2024 for inadequate environmental impact assessment. The criminal complaint concerning alleged contamination at the prior operator’s site was provisionally dismissed by the Provincial Court on 11 February 2026; the court found insufficient indications of a crime, while allowing reopening if new evidence emerges. ETM completed purchase only in July 2026 and its September half-year report says it was assessing restart, rehabilitation and regulatory pathways. These historic allegations/outcomes concern prior ownership; they are an inherited permitting and remediation risk, not a finding against ETM or Daniel Mamadou.

**Attribution:** Role overlaps event; causation unproven. The environmental complaint and permit ruling concern the prior operator; ETM acquired the mine after these events. No personal responsibility is attributed to current ETM leadership.

**Relevance:** High relevance to MD oversight of newly acquired mine: permit status and future environmental studies remain important, while the criminal complaint did not establish criminal environmental harm.

[Galician court annuls Penouta permit over environmental impact](<https://elpais.com/clima-y-medio-ambiente/2024-06-11/la-justicia-gallega-tumba-la-licencia-de-la-unica-mina-de-coltan-de-europa-por-su-impacto-ambiental.html>) (Court ruling and stated environmental-assessment basis); [Penouta environmental criminal case provisionally dismissed](<https://cadenaser.com/galicia/2026/02/18/archivada-la-causa-abierta-a-la-mina-de-penouta-radio-ourense/>) (11 February 2026 order and case status); [Half Yearly Report and Accounts](<https://cdn.financialreports.eu/financialreports/media/filings/64879/2026/RNS/64879_rns_2026-09-07_a0fe407a-27c8-45ad-b1b4-79daf6d1f1de.pdf>) (Interim report: acquisition completion, planned environmental/rehabilitation work and permitting status)

## Litigation and enforcement

### Kvanefjeld litigation remains pending; reported costs paid [daniel_mamadou_kvanefjeld_litigation]

2025–2026; status at 2026-10-09 · issuer reported · high materiality

ETM’s 7 September 2026 interim report says Kvanefjeld proceedings remain at an early stage. A Greenlandic High Court procedural ruling of 1 September 2026 set which defendants remain and ordered DKK150,000 costs to excluded respondents; the company reports these costs were paid. A March 2026 award of €3,146,351 for respondent costs was also paid. The DKK25 million guarantee was conservatively still considered on foot at 30 June. These are company/subsidiary proceedings and costs, not findings of personal misconduct.

**Attribution:** Role overlaps event; causation unproven. Senior role overlap only; no source reviewed attributes legal fault to this individual. Procedural rulings are not merits findings.

**Relevance:** Material legal oversight context for a central project; the merits remain unresolved at cutoff.

[Half Yearly Report and Accounts](<https://cdn.financialreports.eu/financialreports/media/filings/64879/2026/RNS/64879_rns_2026-09-07_a0fe407a-27c8-45ad-b1b4-79daf6d1f1de.pdf>) (Interim Financial Report, Notes 6 and 9: provisions, legal proceedings and contingent liabilities)

## Governance and interests

### Related-party project exposure disclosed in 2024 annual report [daniel-mamadou_research_update]

FY2023–FY2024 · issuer reported · medium materiality

Related-party note: company advances to TME SL (a subsidiary of Welsbach, in which Daniel Mamadou held a controlling interest) were for approved exploration under the project earn-in. Role overlap creates governance oversight relevance; no finding of wrongdoing.

**Attribution:** Role overlaps event; causation unproven. The source establishes the executive’s role during or around the event; individual causation is not inferred unless the cited record directly says so.

**Relevance:** Adds role-specific career, delivery or governance context; distinguish company-level outcomes from individual responsibility.

[2024 Annual Report](<https://www.annualreports.com/HostedData/AnnualReportArchive/e/OTC_GDLNF_2024.pdf>) (Related-party note)

## Suitability for the current role

### Limited public evidence for role fit [daniel_mamadou_role_fit]

since 2021 · analyst inference · low materiality

The issuer identifies Daniel Mamadou Blanco as Managing Director. The cited source establishes the disclosed role and any stated appointment date. This source alone does not establish attributable prior-employer outcomes, verified credentials or independently benchmarked delivery. This is an evidence limitation, not an adverse personal finding.

**Attribution:** Responsibility not applicable. No personal outcome responsibility is inferred from the title alone.

**Relevance:** The role is relevant to the company’s current leadership assessment; fuller role-fit comparison requires verified chronology and outcome evidence.

[Annual Report to shareholders](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03061767-6A1313848>) (Corporate directory, key management personnel or appointment disclosure; role and date)

## Evidence gaps

- Prior-employer chronology and qualifications are based mainly on issuer disclosures; independent employment and credential verification was not available in the reviewed public record.

- The documented name/employer searches are not an exhaustive court, ASIC, sanctions, safety or environmental registry check; no relevant adverse finding surfaced in the searches documented.

- Company-level outcomes are not attributed personally without a source connecting the executive to the action or result.
