# Mark Major Chief Executive Officer ## Career chronology - **CEO from 14 October 2020: Krakatoa Resources Limited** — Chief Executive Officer. [Annual report FY2026]() (FY2026 annual report, PDF pp. 3, 14–16) - **Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure** — more than 25 years resources experience; prior junior/mid-tier resource company executive and senior management roles. [Appointment of Mark Major as Chief Executive Officer]() (pp. 1–2) - **Managing director confirmed in 2012 and listed in historical company directory; precise full tenure unresolved: Hodges Resources Ltd.** — Managing Director. [Hodges Resources half-year financial report]() (PDF p. 3, director roster); [Hodges Resources announcements and directors]() (Directors table) ## Education and qualifications ### Education and professional credentials [kta_major_education] Not dated · issuer reported · low materiality qualified geologist; MBA. Credentials are reported in the cited issuer or secondary biography; the issuing institutions were not independently queried in this pass. **Attribution:** Individual involvement documented. The cited biography names the qualification; independent verification of award records was not available. **Relevance:** Relevant professional preparation for the current position. [Appointment of Mark Major as Chief Executive Officer]() (pp. 1–2) ## Contributions and company outcomes ### Company-level project and delivery record [kta_major_company_record] Most recent report through cutoff · issuer reported · low materiality The FY2026 annual report describes exploration at Zopkhito; the historical foreign estimate is not represented as a JORC-compliant Mineral Resource. Drilling and resource conversion remain exploration work, not delivered mine production. **Attribution:** Role overlaps event; causation unproven. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution. **Relevance:** Provides the company outcome against which the executive’s delivery record should be assessed. [Annual report FY2026]() (PDF pp. 5–13, review of operations) ## Business failures and setbacks ### Hodges ASX suspension and removal during executive tenure [kta_major_hodges] 2015–2016 · documented · high materiality The ASX announcement history reproduced by deListed says Hodges was suspended in March 2015 after failing to lodge its December 2014 half-year accounts and was removed from the official list in August 2016 after listing fees were unpaid. An independent director listing identifies Major as managing director and a Hodges report named him managing director in 2012. The original suspension and removal notices were not independently obtained; the available record does not establish his individual responsibility. **Attribution:** Role overlaps event; causation unproven. Company-level governance and financial outcomes during reported managing-director tenure; neither source establishes personal misconduct or why the fees were not paid. **Relevance:** A relevant prior employer governance and execution outcome. [Hodges Resources half-year financial report]() (PDF p. 3, director roster); [Hodges Resources ASX and corporate history]() (ASX history: 17 March 2015, 23–29 August 2016); [Hodges Resources announcements and directors]() (ASX announcements and directors list) ### FY2026 loss and financing dependence [kta_major_funding26] Year ended 30 June 2026 and September 2026 · documented · medium materiality Krakatoa reported a FY2026 net loss of A$5.784 million versus A$2.522 million in FY2025 and A$739,459 cash at 30 June. The directors’ going-concern assessment depended principally on further equity funding; the audit identified going concern as a key audit matter. The annual report also says A$4 million was raised after year-end. Independent reporting on the September quarter states cash was A$2.03 million after those placements. **Attribution:** Role overlaps event; causation unproven. Company-level financial outcome during management tenure; additional capital raised after 30 June is not part of the June cash balance and individual causation is not established. **Relevance:** Shows the funding and capital-allocation demands during the team’s tenure. [Annual report FY2026]() (PDF pp. 4, 39, 63); [September quarterly results and funding position]() (Cash Position and Runway) ## Environmental record ### EL8153 Sugarloaf regulator audit: diesel spill observation and response [kta_major_sugarloaf_audit_context] 2020–2022 activity; audit published 2022 · documented · low materiality The NSW Resources Regulator’s compliance audit covering Krakatoa’s EL8153 exploration activity from 2020–2022 found no non-compliances. It did record a small diesel spill at drill site SDD002 as an observation of concern: the drilling contractor had not reported it and the exploration manager was initially unaware. The site manager cleaned it during the audit; the manager later followed up with the driller to reinforce reporting. The audit said the spill was unlikely to cause material environmental harm and was not reportable or a reportable offence. The report does not identify Major or Locke as personally involved. Their company leadership tenure overlapped the period, which is an oversight context only. **Attribution:** Role overlaps event; causation unproven. Company-level exploration management oversight; the regulator did not identify either executive as responsible for the spill or as having breached a requirement. Corrective response is documented. **Relevance:** Exploration-stage environmental reporting controls relevant to the CEO and executive-chair roles. [EL8153 Sugarloaf compliance audit]() (NSW Resources Regulator compliance audit, findings and observation-of-concern sections; SDD002 diesel spill, immediate clean-up, contractor follow-up, no non-compliances) ## Suitability for the current role ### Professional fit for Chief Executive Officer [kta_major_role_fit] Current role as of cutoff · analyst inference · medium materiality Role fit is an analytical inference from the documented position and the listed experience. The current role aligns with the function stated in the title; demonstrated personal outcomes are not inferred from employer results. **Attribution:** Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation. **Relevance:** Assesses documented capability against the current role and company stage. [Annual report FY2026]() (FY2026 annual report, PDF pages 3–4, 13–16); [Appointment of Mark Major as Chief Executive Officer]() (pp. 1–2) ## Evidence gaps - Independent credential/degree confirmation and exact dates for Hodges Resources and Aquiline roles were not located in this search. - Original ASX suspension/removal notices and Major’s role in the filing and fee decisions were not independently obtained. - The prior Aquiline position cited in the historic report was not independently established from an accessible source and has been omitted. - The 30 October 2026 September-quarter ASX filing was not independently retrieved; September cash figures are attributed to a secondary report.