# Tony Ottaviano

Managing Director and Chief Executive Officer

## Career chronology

- **Current as at cutoff: Liontown Limited** — Managing Director and Chief Executive Officer. [Board and management](<https://www.liontown.com/about/board-management/>) (Tony Ottaviano biography)

- **Prior to Liontown; exact full tenure and role dates may be incomplete: Rio Tinto and BHP** — Senior operations and improvement executive. [Board and management](<https://www.liontown.com/about/board-management/>) (Tony Ottaviano biography)

- **At least 2015: Samarco** — BHP-nominated board member. [Impiombato v BHP Group Ltd \[2020\] FCA 350](<https://casechat.au/cases/au/impiombato-v-bhp-group-ltd>) (paragraph 19); [Município de Mariana v BHP Group \[2025\] EWHC 3001](<https://www.skadden.com/-/media/files/publications/2026/01/2025-esg-wrap-up/judgment-in-the-fundao-dam-litigation.pdf?hash=5D964A0D1D3F9F1DD13C92A0E90F2CD8&rev=c231f3cb2e544df48a43c2a8ce5180d1>) (paragraph 436)

## Contributions and company outcomes

### Kathleen Valley production and FY2026 financial result [executive-tony_operations]

FY2026 · issuer reported · medium materiality

Liontown reported 391,992 dry metric tonnes of concentrate produced and A$93m net profit for FY2026, including one-off items; underlying profit was A$14m and operating cash flow A$182m. The company attributed better second-half prices as a contributor.

**Attribution:** Role overlaps event; causation unproven. His leadership role overlapped the reported result; personal causation is not established.

**Relevance:** Shows operating delivery and economic conditions during the role.

[FY26 full-year results](<https://www.liontown.com/latest-news/fy26-full-year-results/>) (Highlights and CEO statement)

## Industrial safety

### Injury frequency rose during ramp-up [executive-tony_safety]

June–October 2026 · issuer reported · medium materiality

The rolling 12-month total recordable injury frequency rate reached 14.16 at September 2026 versus 10.99 at June 2026; Liontown said it started a two-year safety-culture programme in October.

**Attribution:** Role overlaps event; causation unproven. His role overlaps the figures; the disclosures do not attribute individual injury or causation.

**Relevance:** Relevant to operating and safety oversight.

[September 2026 Quarterly Activities and Cashflow Report](<https://www.liontown.com/wp-content/uploads/2026/10/61352263.pdf>) (p.3, health and safety)

## Litigation and enforcement

### Fundão disaster and dismissed Brazilian charges [executive-tony_samarco]

2015 failure; 2019 dismissal; 2020 prosecution appeal; final individual status unresolved · documented · high materiality

Ottaviano served on Samarco’s board as a BHP representative during the November 2015 Fundão dam failure, which killed 19 people. Brazilian prosecutors later included him in criminal charges. The Australian Federal Court recorded that all charges against him were dismissed at first instance on or about 16 December 2019 and prosecutors appealed on or about 22 January 2020. The original Brazilian dismissal and final status of his individual appeal were not obtained. A 2025 English judgment describes wider dismissals and some continuing appeals but does not establish his individual appeal outcome. No conviction or finding of personal fault is asserted.

**Attribution:** Individual involvement documented. Board membership and the procedural history are documented; membership and allegations alone do not establish personal causation or guilt.

**Relevance:** Material oversight and legal context for assessing executive experience.

[Impiombato v BHP Group Ltd \[2020\] FCA 350](<https://casechat.au/cases/au/impiombato-v-bhp-group-ltd>) (paragraphs 19, 38); [Caso Samarco: trâmite da ação penal](<https://www.mpf.mp.br/mg/sala-de-imprensa/docs/2023/caso-samarco/Caso%20Samarco-tramiteAcaoPenal.pdf>) (p. 1 procedural summary); [Município de Mariana v BHP Group \[2025\] EWHC 3001](<https://www.skadden.com/-/media/files/publications/2026/01/2025-esg-wrap-up/judgment-in-the-fundao-dam-litigation.pdf?hash=5D964A0D1D3F9F1DD13C92A0E90F2CD8&rev=c231f3cb2e544df48a43c2a8ce5180d1>) (paragraphs 436 and 858–859)

## Suitability for the current role

### Relevant disclosed professional background [executive-tony_fit]

Career through October 2026 · analyst inference · medium materiality

Liontown identifies former Rio Tinto and BHP operational, projects and improvement roles; its dated commencement release says he commenced as Liontown CEO and MD on 5 May 2021. Analyst inference: the experience is relevant to the current role, subject to independent verification.

**Attribution:** Responsibility not applicable. Role fit is inferred from issuer-described experience, not proof of individual performance or credentials.

**Relevance:** Assess skills relevant to the role.

[Board and management](<https://www.liontown.com/about/board-management/>) (Tony Ottaviano biography); [Tony Ottaviano commences as Managing Director](<https://www.marketscreener.com/quote/stock/LIONTOWN-LIMITED-10354806/news/Liontown-Resources-Tony-Ottaviano-Commences-as-Managing-Director-33159225/>) (5 May 2021 announcement; appointment and past roles)

## Evidence gaps

- Prior-employer role dates, personal contribution and independently verified qualifications are incomplete.

- Targeted web searches are screening-level; complete regulator, court, sanctions and criminal records were not independently obtained.

- Topic searches reused a broad person/employer query; dedicated independent searches across all topics and material employers were not completed. Search log records source-specific findings and unsearched topics as gaps.

- The original Brazilian dismissal order and final disposition of the 2020 prosecution appeal involving Ottaviano were not obtained; wider proceedings cannot establish his personal appeal outcome.