# Richard Pegum

Executive Chairman

## Career chronology

- **Current as of 2026-10-09; exact commencement date not established by reviewed webpage.: Pacific Lime and Cement** — Executive Chairman. [Pacific Lime and Cement leadership and management](<https://www.placltd.com/about-us/board-and-management>) (Issuer current board, management or corporate directory entry)

- **Earlier career; years not disclosed: Macquarie** — Investment banking; advanced to Executive Director. [Pacific Lime and Cement Annual Report 2026](<https://financialfilings.com/filings/pacific-lime-and-cement-limited/annual-report/2026/64476151/>) (FY2026 annual report, executive/director biographies pp. 20–21)

- **Earlier career; years not disclosed: Bennelong Asset Management (UK)** — Co-founder/partner; international expansion and asset growth. [Pacific Lime and Cement Annual Report 2026](<https://financialfilings.com/filings/pacific-lime-and-cement-limited/annual-report/2026/64476151/>) (FY2026 annual report, executive/director biographies pp. 20–21)

## Contributions and company outcomes

### Central Lime construction and community access milestones [exec.richard-pegum_central_lime_progress]

2026-Q2 · documented · medium materiality

Issuer reporting records substantial Central Lime Project construction progress in the June 2026 quarter: 27.6km of access road and two bridges were opened, kiln foundations materially advanced, and 369 long wharf piles arrived. The project remained under construction, with first lime targeted for Q1 CY2027; these are delivered infrastructure/construction milestones, not completed commercial production. Pegum was Executive Chairman during the reporting period; no discrete personal contribution is isolated.

**Attribution:** Role overlaps event; causation unproven. The dated issuer report identifies Mulder as Managing Director and quotes his description; annual report states Pegum was Executive Chairman for the whole FY26. It does not isolate personal causation of project work.

**Relevance:** Relevant to project-delivery oversight; progress is tangible but schedule, cost and production targets remain prospective.

[June 2026 Quarterly Activities and Cash Flow Report](<https://aj-invest.org/m/asx/2924-03116931-2A1687085>) (June 2026 activities report: Central Lime Project highlights and Managing Director comment; sections Access Road and Bridges Opened, Workforce and Safety)

## Governance and interests

### Auditor flags material uncertainty around going concern and October 2026 notes [exec.richard-pegum_going_concern_uncertainty]

FY2026; position at 2026-06-30 and update through 2026-09-30 · documented · medium materiality

The 30 September 2026 audited FY2026 report contains an unmodified audit opinion with a material-uncertainty paragraph: at 30 June current liabilities exceeded current assets by A$14.33m; A$21.83m convertible notes matured 31 October 2026; and the group recorded a A$27.58m loss. Directors expected note conversion and cited A$16.7m cash, US$16.3m received from PNG state investor in August, listed investments and a A$10m cost-overrun offer (long-form facility documents not yet executed). The auditor still identified material uncertainty that may cast significant doubt on going concern. This is a disclosed financing risk, not a finding of insolvency or misconduct.

**Attribution:** Role overlaps event; causation unproven. Mulder was Managing Director and Pegum Executive Chairman for the year; the record establishes collective board and management oversight, not individual responsibility for financing decisions.

**Relevance:** Highly relevant to execution oversight because construction capital needs and near-term note maturity overlapped with the project build.

[Pacific Lime and Cement Annual Report 2026](<https://financialfilings.com/filings/pacific-lime-and-cement-limited/annual-report/2026/64476151/>) (Independent Auditor’s Report p.5, material uncertainty related to going concern; Note 2(a), pp.16–17); [June 2026 Quarterly Activities and Cash Flow Report](<https://aj-invest.org/m/asx/2924-03116931-2A1687085>) (June quarter cash flow and 27 July subsequent PNG equity participation)

## Suitability for the current role

### Current role and disclosed experience: Richard Pegum [exec_richard_pegum_current_role_fit]

Current role as of cutoff · analyst inference · low materiality

Pacific Lime and Cement identifies Richard Pegum as Executive Chairman. The reviewed issuer page does not independently validate qualifications or establish results personally attributable to this executive. Role fit is therefore limited to the function stated in the title; broader suitability remains uncertain.

**Attribution:** Responsibility not applicable. This is a limited analyst assessment from the issuer-reported current role; no personal outcome is inferred.

**Relevance:** Role match is relevant to present oversight, but the source set is too thin to assess delivery or effectiveness.

[Pacific Lime and Cement leadership and management](<https://www.placltd.com/about-us/board-and-management>) (Issuer current board, management or corporate directory entry)

## Evidence gaps

- Full role chronology, earlier employers and dates were not independently established in this limited pass.

- Credentials and memberships were not independently verified.

- The searches documented here are open-web screening only, not exhaustive criminal, sanctions, litigation, safety or credential checks.
