# Stuart Crow

Non-Executive Chairman

## Career chronology

- **Current; exact chair transition date not audited: Lake Resources** — Non-executive chair. [Annual report year ended 30 June 2026](<https://financialfilings.com/filings/lake-resources-nl/annual-report/2026/61011884/>) (PDF p.29)

## Personal achievements

### Reported financing and mining-board experience [crow_career]

Through 2026 · issuer reported · medium materiality

Lake reports finance, investor-relations and mining-company board experience. The FY2026 annual report lists positions and departures at Ricca, DGR, Pulsar, Atlantic Lithium and Trinex.

**Attribution:** Individual involvement documented. Lake reports the board roles; performance is not solely attributable to Crow.

**Relevance:** Relevant to financing and oversight.

[Annual report year ended 30 June 2026](<https://financialfilings.com/filings/lake-resources-nl/annual-report/2026/61011884/>) (PDF p.29)

## Contributions and company outcomes

### Kachi approval follows earlier partner disagreement [crow_permit]

2022–2026 · documented · medium materiality

Lake said it resolved a dispute with Lilac by amending its contract in November 2022. Lake reported an environmental declaration for Kachi in September 2026; FEED and project financing remained to advance.

**Attribution:** Role overlaps event; causation unproven. Company-level performance or overlapping role does not establish personal causation.

**Relevance:** Relevant to board oversight and funding.

[Lake and Lilac agree amendment](<https://announcements.asx.com.au/asxpdf/20221121/pdf/45htkq46wsrxg6.pdf>) (p.1); [Lake announces Kachi environmental declaration](<https://investorhub.lakeresources.com.au/announcements/zXYY5x-lake-resources-granted-environmental-impact-declaration>) (pp.1–2)

## Environmental record

### Consultation requests and environmental conditions [crow_community]

August–September 2026 · documented · medium materiality

Independent reporting described community questions and requests for continuing consultation at the August 2026 Kachi public hearing. Lake later reported an environmental declaration with a 200-metre lagoon exclusion zone. Reported concerns are not proof of environmental harm.

**Attribution:** Role overlaps event; causation unproven. Company-level performance or overlapping role does not establish personal causation.

**Relevance:** Relevant to environmental and community oversight.

[Kachi closes public hearing](<https://comunicacionesmineras.com/en/noticias/kachi-cerro-la-audiencia-publica-y-espera-la-definicion-ambiental>) (public hearing account); [Lake announces Kachi environmental declaration](<https://investorhub.lakeresources.com.au/announcements/zXYY5x-lake-resources-granted-environmental-impact-declaration>) (exclusion zone)

## Governance and interests

### Accounting-leadership continuity not established by issuer [crow_roster]

2023–October 2026 · documented · medium materiality

Lake announced Lindsay Bourg as chief accounting officer in 2023. A company profile updated 24 October 2026 still lists her, but Lake’s FY2026 corporate directory and October board presentation do not identify her; current employment was not independently confirmed.

**Attribution:** Role overlaps event; causation unproven. Sources do not establish departure or continuation with certainty.

**Relevance:** Relevant to completeness of the management roster.

[Appointment of Lindsay Bourg](<https://lakeresources.com.au/wp-content/uploads/2023/07/lke_chief-accounting-officer_3-jul-23.pdf>) (p.1); [Lake Resources company profile](<https://stockanalysis.com/quote/asx/LKE/company/>) (executive table); [Annual report year ended 30 June 2026](<https://financialfilings.com/filings/lake-resources-nl/annual-report/2026/61011884/>) (corporate directory)

### Contested short-seller claims and company response [crow_short]

2022 · disputed · medium materiality

In 2022, short seller J Capital questioned Kachi technology, disclosure and project funding. Lake called the technical allegations inaccurate, including saying they described the wrong extraction process. J Capital disclosed it might be short Lake shares. The allegations are contested, not regulatory findings.

**Attribution:** Role overlaps event; causation unproven. Crow was chair; sources do not establish personal wrongdoing or adjudicate the claims.

**Relevance:** Relevant to board disclosure and project-technology oversight.

[Reuters report on Lake short-seller allegations](<https://www.euronews.com/2022/07/11/mining-lithium-technology>) (Reuters account, short thesis and Lilac response); [Lake responds to short-seller report](<https://lakeresources.com.au/wp-content/uploads/2022/07/lke_lake-responds_14-jul-22-1.pdf>) (pp.1–3); [J Capital Lake Resources reports](<https://www.jcapitalresearch.com/lke.html>) (report disclaimer)

### Court relief for late cleansing notices [crow_cleansing]

2021–2022 · documented · medium materiality

In 2022 the Federal Court granted Lake’s application to extend the filing time and validate affected 2021 share sales after the company said cleansing notices had been lodged late.

**Attribution:** Role overlaps event; causation unproven. The court orders correct the company filing issue; no personal misconduct finding against Crow is established.

**Relevance:** Relevant to board disclosure controls.

[Lake half-year report and court relief](<https://lakeresources.com.au/wp-content/uploads/2022/03/lke_hy-accounts_15-mar-22.pdf>) (p.5 director report on court relief)

## Evidence gaps

- Exact dates and outcomes for each prior board appointment need further source review.

- Bourg’s current issuer-confirmed role and full management roster remain unverified.