# James Marsh

Chief Executive Officer

## Career chronology

- **15 years before subsequent roles: Imerys Minerals Limited** — Technical Manager / global kaolin calcination team. [Executive Leadership Significantly Strengthened](<https://app.sharelinktechnologies.com/announcement/asx/d26869453f6b9df417dea67048d55c0a>) (pp. 1–2, appointment release, Imerys experience and technical responsibilities)

- **30 May 2018 to 1 April 2023: Andromeda Metals Limited** — Managing Director/CEO, then Executive Director – Sales &amp; Marketing. [Annual Report 2023](<https://www.andromet.com.au/assets/ADN-Annual-Report-2023-FINAL.pdf>) (p. 49, directors report biography and role transition)

- **From 9 September 2024: Zeotech Limited** — Chief Executive Officer. [Annual Report 2025](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3AZEO%3A6A1286944/pdf/inline/annual-report-to-shareholders>) (p. 24, Marsh service agreement)

## Education and qualifications

### Education and professional qualification [zeo_james_marsh_education]

As reported by cited source; accessed 2026-10-09 · issuer reported · low materiality

The issuer reports a BSc (Honours) from the University of the West of England; Andromeda’s 2023 annual report also identifies BSc (Hons) and MAusIMM. Credential verification remains outside these public-source checks.

**Attribution:** Responsibility not applicable. Credential statements are issuer-reported; no university or professional-body verification was obtained.

**Relevance:** Relevant to role-fit assessment and subject to verification gap.

[Our People](<https://zeotech.com.au/our-people/>) (Our People, James Marsh biography, lines 5–8)

## Contributions and company outcomes

### FY2026 project and commercial milestones [zeo_james_marsh_fy26_delivery]

FY2026 through 2026-06-30; subsequent status through 2026-09-21 · issuer reported · medium materiality

During the cited period Zeotech reported the binding MSI DSO offtake, 2,300-tonne test-pit campaign, AusPozz concrete demonstration and methane-control field results, while Toondoon remained pre-commercial with approvals/logistics still progressing. These are company-level outcomes; the evidence does not isolate CEO's personal contribution or establish booked DSO/AusPozz sales.

**Attribution:** Role overlaps event; causation unproven. Management responsibility overlapped the company period, but personal causal contribution is not documented.

**Relevance:** Relevant to delivery assessment; distinguish test/contract milestones from commercial production and realized cash revenue.

[Annual Report to shareholders](<https://www.marketindex.com.au/asx/zeo/announcements/annual-report-to-shareholders-6A1344788>) (FY2026 annual report, CEO/operating report); [Quarterly Activities and Appendix 5B Cash Flow Report](<https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03083645-6A1322633%26v%3Dundefined>) (pp. 1–8, activities report)

### Kaolin development leadership at Andromeda; project remained pre-production [zeo_james_marsh_andromeda_role]

2018-05-30 to 2023-03-31 · issuer reported · medium materiality

Andromeda’s 2023 annual report records Marsh as Managing Director from 30 May 2018 to 31 March 2023, followed by Executive Director – Sales &amp; Marketing. Its Great White Project reached a 2023 DFS stage with a 15.1 Mt reserve and construction-ready permits, but funding and investment decision remained prerequisites to development. The report does not quantify Marsh’s personal contribution; these are employer outcomes during his role.

**Attribution:** Role overlaps event; causation unproven. Marsh held senior executive responsibilities; the company report does not establish individual causal contribution to the DFS, reserve or permits.

**Relevance:** Relevant industrial-minerals experience with an execution caveat: study/permit milestones did not equal producing operations during his tenure.

[Annual Report 2023](<https://www.andromet.com.au/assets/ADN-Annual-Report-2023-FINAL.pdf>) (pp. 15–17 project readiness; p. 49 appointment and role chronology; p. 83 funding caveat)

## Business failures and setbacks

### Pre-commercial status and funding dependence [zeo_james_marsh_fy26_funding]

FY2026 to 2026-06-30 · issuer reported · medium materiality

FY2026 reporting showed the Group remained pre-commercial, with a larger annual loss and operating cash outflow than the prior year; the annual report disclosed that additional funding may be needed to continue operations and develop assets. This is a company-level execution/funding risk during the executive's tenure, not evidence of personal misconduct or sole responsibility.

**Attribution:** Role overlaps event; causation unproven. The CEO role overlapped the reported period; no personal causal attribution is established.

**Relevance:** Material to assessing delivery and capital allocation for a development-stage company.

[Annual Report to shareholders](<https://www.marketindex.com.au/asx/zeo/announcements/annual-report-to-shareholders-6A1344788>) (FY2026 annual report, financial statements and going-concern funding risk)

## Suitability for the current role

### Role relevance and evidenced background [zeo_james_marsh_fit]

Background reviewed through 2026-10-09 · analyst inference · low materiality

The issuer reports 30+ years in industrial minerals and advanced materials, 15 years at Imerys and a BSc (Honours) from the University of the West of England. Current title in the selected roster: Chief Executive Officer. This supports role relevance at a high level; the public evidence reviewed does not establish personal causal responsibility for employer or project outcomes.

**Attribution:** Responsibility not applicable. Role-fit judgment based on the selected roster and issuer-reported professional background; no causal claim is made.

**Relevance:** Relevant to the current Chief Executive Officer responsibilities, subject to the evidence limitations recorded below.

[Our People](<https://zeotech.com.au/our-people/>) (Executive biography or corporate-directory entry for the named person)

## Evidence gaps

- Detailed exact dates for Imerys, Minerals Corporation and Active Minerals roles and complete concurrent board interests are not independently verified.

- Andromeda outcomes were company-level; personal causal contribution and subsequent appellate/legal outcomes were not established.

- No exhaustive criminal, sanctions, court, regulator, safety, environment or qualification check was performed.
