# Richard Pugh

Chief Executive Officer

## Career chronology

- **2025-09-01–cutoff: Gateway Mining** — Chief Executive Officer. [Board and Management](<https://www.gatewaymining.com.au/site/about-us/board-and-management>) (Issuer management page, Richard Pugh entry)

- **Employed from 2022; Director title from 2024 to 2025 transition: Strickland Metals** — Geology Manager; Executive Technical Director from 2024. [Annual Report 2026](<https://www.gatewaymining.com.au/site/pdf/8a9a73ea-b767-4475-a3f9-f42ce6f045d8/Platform/ListPage/Annual-Report-to-shareholders.pdf>) (printed p. 41, Board and Management Restructure)

- **Appointed 1 September 2025–cutoff: Gateway Mining** — Chief Executive Officer. [Annual Report 2026](<https://www.gatewaymining.com.au/site/pdf/8a9a73ea-b767-4475-a3f9-f42ce6f045d8/Platform/ListPage/Annual-Report-to-shareholders.pdf>) (printed p. 41, post-year-end Board and Management Restructure)

- **Prior roles over 18+ years; employers/dates not disclosed: ASX mineral exploration companies** — Senior consulting geologist; exploration manager. [Annual Report 2026](<https://www.gatewaymining.com.au/site/pdf/8a9a73ea-b767-4475-a3f9-f42ce6f045d8/Platform/ListPage/Annual-Report-to-shareholders.pdf>) (printed p. 41, CEO biography)

## Education and qualifications

### Exploration and Resource Geology degree; AIG membership [richard_pugh_education]

Current disclosure at cutoff · issuer reported · medium materiality

Gateway’s 2025 annual report identifies Pugh’s Bachelor’s degree in Exploration and Resource Geology from Cardiff University and Australian Institute of Geoscientists membership. A September 2026 interview says he acts as JORC Competent Person for Gateway results. Independent education or membership verification was not performed.

**Attribution:** Responsibility not applicable. Credentials are issuer/industry interview reported; no independent register check.

**Relevance:** Directly relevant to geology leadership and technical disclosure.

[Annual Report 2026](<https://www.gatewaymining.com.au/site/pdf/8a9a73ea-b767-4475-a3f9-f42ce6f045d8/Platform/ListPage/Annual-Report-to-shareholders.pdf>) (printed p. 41, CEO biography); [Unlocking the Gateway at Gateway – Richard Pugh](<https://theholetruth.podbean.com/e/unlocking-the-gateway-at-gateway-richard-pugh-asx-gml/>) (guest bio)

## Personal achievements

### Led Strickland technical work supporting Millrose monetisation and Horse Well resource growth [richard_pugh_millrose_work]

2022–2023; retrospective in 2026 · issuer reported · high materiality

A June 2023 Strickland ASX release states its technical team was led by Pugh and sold Millrose to Northern Star for A$61m after drilling; a September 2026 interview attributes to Pugh running work that developed Millrose and led Horse Well drilling that more than doubled the resource. The sale amount and resource growth are company outcomes; individual credit is limited to documented technical leadership, and the 2026 interview is a secondary retrospective.

**Attribution:** Individual involvement documented. Contemporaneous release names Pugh as technical team lead; later interview attributes work. No claim that he alone caused the sale or resource increase.

**Relevance:** Strongly relevant technical delivery evidence for a CEO acquiring and exploring the same district.

[Sale of Millrose Project for $61M to Northern Star Resources](<https://company-announcements.afr.com/asx/stk/2045245e-13a6-11ee-a927-86b4553c5220.pdf>) (Management Comment, thanks to technical team led by Richard Pugh); [Unlocking the Gateway at Gateway – Richard Pugh](<https://theholetruth.podbean.com/e/unlocking-the-gateway-at-gateway-richard-pugh-asx-gml/>) (guest biography)

## Contributions and company outcomes

### Gateway Mining reported project and corporate progress [richard_pugh_company_delivery]

August 2025–September 2026 · issuer reported · medium materiality

During FY2026 Gateway completed the Yandal acquisition from Strickland for consideration of 1.5 billion convertible preference shares valued at A$45 million. In September 2026 it separately raised A$45 million in cash through a placement at A$0.08 per share. The annual report also records early exploration discoveries including Cowza; none should be treated as an operating mine or realized investment return. The issuer did not assign sole responsibility for these corporate outcomes to this executive.

**Attribution:** Role overlaps event; causation unproven. The role may overlap the period, but the issuer report does not assign sole or causal credit to this executive.

**Relevance:** Provides evidence of the operating or project context the leadership team must continue to execute.

[Annual Report 2026](<https://www.gatewaymining.com.au/site/pdf/8a9a73ea-b767-4475-a3f9-f42ce6f045d8/Platform/ListPage/Annual-Report-to-shareholders.pdf>) (printed pp. 4, 14; completed Yandal acquisition and early exploration results); [Successful $45 Million Placement Completed](<https://www.gatewaymining.com.au/site/pdf/35f34bfa-46f9-4e7a-b64e-4368c220a1d9/Platform/ListPage/Successful-45-Million-Placement-Completed.pdf>) (September 2026 placement announcement)

### Gateway reported a new high-grade Cowza intercept during his CEO tenure [richard_pugh_cowza_discovery]

FY2026; announcement 2 September 2026 · issuer reported · medium materiality

Gateway’s 2026 annual report says first RC drilling confirmed a new Cowza discovery, including 41 metres at 2.0 g/t gold from 104 metres (including 9 metres at 7.5 g/t), within a reported 4.5-kilometre mineralised corridor. This was an early exploration discovery; it was not a resource, reserve, feasibility study or operating result. The company does not assign the intercept to Pugh personally.

**Attribution:** Role overlaps event; causation unproven. Pugh was CEO during the program, but no individual technical authorship or causal contribution is established.

**Relevance:** Current role-overlap evidence of exploration progress with clear maturity limits.

[2026 Annual Report – Cowza discovery](<https://www.gatewaymining.com.au/site/pdf/8a9a73ea-b767-4475-a3f9-f42ce6f045d8/Platform/ListPage/Annual-Report-to-shareholders.pdf>) (printed pp. 7–8, Cowza section)

## Suitability for the current role

### Relevance of current Chief Executive Officer role [richard_pugh_role_fit]

Current at 2026-10-09 · analyst inference · medium materiality

The issuer identifies Richard Pugh as Chief Executive Officer. This role is relevant to the company's current mining stage and needs; this is an analyst role-fit inference based on the disclosed title and company profile, not evidence of past personal performance. The reviewed sources do not establish a complete prior-employer chronology, independently verified credentials or full concurrent-interest list.

**Attribution:** Responsibility not applicable. This is a role-fit judgment, not an outcome or misconduct finding.

**Relevance:** Assesses alignment of disclosed responsibilities with current company needs.

[Board and Management](<https://www.gatewaymining.com.au/site/about-us/board-and-management>) (Issuer management page, Richard Pugh entry)

## Evidence gaps

- A complete dated career chronology, verified education/professional membership and full concurrent-interest record were not established.

- Person-specific enforcement, litigation, safety, environmental, legal and governance searches across material former employers remain uncompleted; no clearance conclusion is implied.
