# Pol Le Roux

Interim Chief Executive Officer

## Career chronology

- **From 1 July 2026: Lynas** — Interim Chief Executive Officer. [Appointment of interim CEO](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3ALYC%3A6A1328375/pdf/inline/appointment-of-interim-chief-executive-officer>) (p. 1)

- **Before July 2026: Lynas** — Chief Operating Officer before interim CEO. [Appointment of interim CEO](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3ALYC%3A6A1328375/pdf/inline/appointment-of-interim-chief-executive-officer>) (p. 1)

- **Dates not disclosed: Rhodia/Rhône-Poulenc** — Manufacturing, strategy and commercial roles. [Our leadership team](<https://lynasrareearths.com/about-us/our-leadership-team/>) (Pol Le Roux)

## Personal achievements

### Reported career and responsibilities [pol_le_roux_career]

Career prior to and at Lynas · issuer reported · low materiality

Lynas reports 26 years at Rhodia/Rhône-Poulenc and degrees from INSEAD, Grenoble and College Naval Brest. Independent qualification and precise tenure evidence remain incomplete.

**Attribution:** Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

**Relevance:** Experience relevant to stated senior position.

[FY2026 annual report and Appendix 4E](<https://wcsecure.weblink.com.au/pdf/LYC/03126303.pdf>) (p. 8); [Our leadership team](<https://lynasrareearths.com/about-us/our-leadership-team/>) (Pol Le Roux)

## Contributions and company outcomes

### Operating output and profits increased [pol_results]

FY2025–2026 · issuer reported · high materiality

Lynas reported FY2026 ready-for-sale rare-earth oxides of 13,089 tonnes versus 10,462 in FY2025; revenue was A$977.9m versus A$556.5m and net profit A$222.4m versus A$8.0m. Higher rare-earth prices and sales mix also contributed. Le Roux was COO during the financial year and became interim CEO on 1 July 2026.

**Attribution:** Role overlaps event; causation unproven. Group-wide results reflect market prices and the contributions of many people; no sole personal attribution.

**Relevance:** Shows operating and financial outcomes in the prior COO period.

[FY2026 annual report and Appendix 4E](<https://wcsecure.weblink.com.au/pdf/LYC/03126303.pdf>) (pp. 1, 5, 17); [Appointment of interim CEO](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3ALYC%3A6A1328375/pdf/inline/appointment-of-interim-chief-executive-officer>) (p. 1)

## Industrial safety

### Safety rates rose on one measure; company figures differ [pol_safety]

FY2025–FY2026 · issuer reported · high materiality

The FY2026 annual report reports total recordable injuries at 4.1 per million hours versus 3.6 in FY2025 and lost-time injuries improving from 1.8 to 0.9. The later FY2026 sustainability report narrative states 4.2 while its performance table states 4.1; the discrepancy is unresolved. The company reports zero FY2026 fatalities.

**Attribution:** Role overlaps event; causation unproven. Le Roux oversaw group operations and HSE as COO, but company-wide rates do not establish personal causation.

**Relevance:** Relevant to group safety oversight and accuracy of safety reporting.

[FY2026 annual report and Appendix 4E](<https://wcsecure.weblink.com.au/pdf/LYC/03126303.pdf>) (p. 7); [FY2026 sustainability report](<https://cdn.financialreports.eu/financialreports/media/filings/65277/2026/RNS/65277_rns_2026-10-30_c235e7af-3fae-42e3-b0db-50bab3d13bb8.pdf>) (pp. 18 and 40)

## Environmental record

### Malaysia licence, waste and disputed water claims [pol_le_roux_malaysia]

2018–October 2026 · disputed · high materiality

Malaysia renewed Lynas’s operating licence for ten years from 3 March 2026, with a five-year review and requirements to end radioactive residue generation and treat covered residue below 1 Bq/g. A 2026 media article alleges contamination of Sungai Balok; a 2024 parliamentary report said the environmental agency found no evidence attributing river pollution to Lynas, and Lynas disputed radionuclide claims in 2023. These statements address different periods and are not a definitive resolution. On 26 October 2026 the minister reported the disposal facility 77% complete at 31 August, with 1.45m tonnes transferred.

**Attribution:** Role overlaps event; causation unproven. Ahmad managed Malaysia operations and Le Roux was COO, but the conflicting sources do not establish personal wrongdoing or the cause of river pollution.

**Relevance:** Important environmental oversight and licence condition.

[2026 Lynas Malaysia operating licence renewal](<https://www.mosti.gov.my/en/berita/sidang-media-permohonan-lesen-operasi-lynas-malaysia-sdn-bhd/>) (renewal and treatment conditions); [Balok plant and river concerns](<https://www.asiatimes.com.my/2026/09/15/lynas-rare-earth-plant-pollutes-sungai-balok-a-decade-of-radioactive-waste-heavy-metal-contamination-and-fishing-communities-at-risk/>) (Sungai Balok claims and company response); [Parliament report on Lynas residue management](<https://www.parlimen.gov.my/cpsecure/resources/files/DR.13.2024%20Pengurusan%20Sisa%20Lynas%20Malaysia.pdf>) (pp. 6–7 agency monitoring); [Lynas refutes radionuclide claims](<https://www.malaysiakini.com/news/655498>) (company statement); [Permanent disposal facility project update](<https://berita.rtm.gov.my/nasional/senarai-berita-nasional/senarai-artikel/projek-pdf-lynas-siap-77-peratus-setakat-ogos/>) (minister’s October statement)

## Governance and interests

### Site leadership requires further reconciliation [pol_roster]

2021–October 2026 · documented · medium materiality

Lynas’s 2025 signed compliance reports identify Chris Torrisi as resource development and operations EGM and Marcelle Watson as Kalgoorlie site senior executive; its February 2026 investor presentation also identifies Watson as geology manager. Their precise continuing titles at the cutoff are not independently established. Lynas’s undated leadership page lists Kam Leung as a current VP even though its 2021 presentation reports his retirement effective 31 December 2021.

**Attribution:** Role overlaps event; causation unproven. No assertion is made that Leung returned or that the site leaders departed.

**Relevance:** Highlights reliability limits in public leadership sources.

[Mt Weld 2024 compliance assessment report](<https://lynasrareearths.com/wp-content/uploads/2025/04/2024-Lynas-Mt-Weld-CAR_31-March-2025.pdf>) (p. 10); [Lynas FY26 half-year investor presentation](<https://investorpa.com/announcement-pdf/20260226/261768.pdf>) (p. 21); [2021 Lynas investor presentation](<https://wcsecure.weblink.com.au/pdf/LYC/02458975.pdf>) (p. 25); [Our leadership team](<https://lynasrareearths.com/about-us/our-leadership-team/>) (Kam Leung)

### Former US leadership and changed project plan [pol_usa]

2026 · documented · medium materiality

A September 2026 industry report describes Vivienne Powe as a former Lynas USA CEO; her exact end date and any successor were not verified. Lynas’s FY2026 annual report says funding previously intended for a Texas heavy-rare-earth facility was reallocated to a US supply agreement and the Texas facility would not proceed.

**Attribution:** Role overlaps event; causation unproven. The sources establish a change in project direction and a reported past role, not the reason for a personal departure or personal responsibility.

**Relevance:** Relevant to succession and the US project transition.

[VBX project and management update](<https://www.alcircle.com/news/vbx-raises-5m-to-expand-wuudagu-bauxite-project-dfs-as-thyssenkrupp-offtake-deal-ends-121279>) (leadership update); [FY2026 annual report and Appendix 4E](<https://wcsecure.weblink.com.au/pdf/LYC/03126303.pdf>) (p. 19, Lynas USA)

## Evidence gaps

- Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

- Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

- Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.
