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2026-11-06
◂ Monitor AEM ASX

Advanced Engineered Materials Limited

Ramping Producer · Others · Canada Rating locked: sign in to view v8.1 · aem-20261030t224407-full
Last 2026-11-06
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People, delivery and responsibility

Management background checks

Evidence through 2026-10-31

Research assessment

Executive team

Rating locked: sign in to viewTeam rating and score are available to subscribers

AEM’s leadership combines resources, engineering, finance, HR and specialty-materials experience, but personal delivery evidence is uneven. Nine current roster members are identified. AEM reported early HPA sales and a loss; the CEO clarified that headline 2,000 tpa equipment capacity excludes a final tailoring stage needing further equipment. The former AOW board’s rights-issue allegations involving Alexis Clark are unproven and reported with the company’s settlement account and an explicitly unverified later outcome. The chair’s prior OZ Minerals board tenure also overlapped a contractor fatality and separate safety undertakings, with no personal fault established.

Decision-relevant facts

Material summary

Individual involvement and employer context shown separately

Richard Seville

Executive Chairman

Current
Company SuccessIssuer Reported · Medium materiality

Orocobre lithium production increased during his CEO tenure

Orocobre reported Olaroz production of 12,470 tonnes of lithium carbonate in FY2018, up 5% from FY2017, while Seville was its managing director and CEO. Company revenues were also affected by lithium prices; these company results do not isolate his individual contribution.

Role overlaps event; causation unproven · The records establish the senior role and concurrent company results, not that Seville alone caused them.

Orocobre FY2018 results · Olaroz FY2018 results and CEO remarks
SafetyDocumented · Medium materiality

Contractor died at Prominent Hill during OZ Minerals board tenure

SafeWork SA reported that a worker died after being crushed at Prominent Hill on 5 September 2021 and said it had commenced an investigation. OZ Minerals identified the worker as a Byrnecut contractor, and its 2021 report recorded a reduction in the CEO’s short-term incentive following the fatality. Seville was an independent OZ Minerals director and sustainability committee member during the period. The regulator’s final investigation or prosecution outcome was not located, and the sources do not establish individual involvement or personal fault by Seville.

Role overlaps event; causation unproven · Seville’s director and committee role overlapped the incident; the sources do not attribute operational decisions, causation or fault to him.

Fatality at Prominent Hill · 6 September 2021 notice
OZ Minerals 2021 Annual and Sustainability Report · remuneration report, Chair’s letter and 2021 safety outcome
OZ Minerals 2022 Annual and Sustainability Report · board of directors, Richard Seville role and committee membership
OZ Minerals 2021 Annual and Sustainability Report · governance section, Richard Seville board biography and committee membership in 2021
SafetyDocumented · Medium materiality

OZ Minerals and contractor gave undertakings after separate unplanned blasts

SafeWork SA reported two unplanned underground explosions and fumes at Prominent Hill in October 2020. No injuries were reported. In 2022 the regulator accepted enforceable undertakings from OZ Minerals and Byrnecut involving safety improvements, with estimated commitments of A$156,845 and A$627,000 respectively. The regulator said no work-health-and-safety charges had been laid. Seville was a non-executive director during the incident; the available sources do not establish his personal involvement.

Role overlaps event; causation unproven · An oversight-period company event and regulator response, not proof of personal conduct or a finding against Seville.

Prominent Hill safety boost following unintentional explosions · incident, charges and undertaking details
OZ Minerals 2022 Annual and Sustainability Report · board of directors, Richard Seville role and committee membership
Evidence gaps · 5
  • Appointment history beyond the dates in the selected roster and issuer materials was not independently checked.
  • AEM biography claims about Allkem market-capitalization growth are issuer descriptions; individual causal contribution is not isolated.
  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
  • The exact date his OZ Minerals directorship ended is unresolved; AEM says 2024 while Allkem’s 2023 annual report states May 2023; the 2023 report is the nearer contemporary source.
  • The final regulator, prosecution or coronial outcome concerning the September 2021 Prominent Hill fatality was not located in the reviewed searches.

Full background report

Richard Seville

Executive Chairman

Career chronology

Education and qualifications

Mining and engineering education reported

Education; report published 23 March 2026 · issuer reported · low materiality

AEM’s annual report biography reports a BSc (Hons) in Mining Geology and a Master of Engineering Science in Rock Engineering. The issuer report does not provide a public primary credential verification.

Attribution: Responsibility not applicable. Qualifications are reported by the issuer; no external registrar confirmation was located in the documented search.

Relevance: Mining and engineering training is relevant to resource-sector board experience, though AEM is now a manufacturer.

AEM Ltd 31 December 2025 Annual Report (p.20, Richard Seville biography)

Contributions and company outcomes

Orocobre lithium production increased during his CEO tenure

Financial years ended June 2017 and June 2018 · issuer reported · medium materiality

Orocobre reported Olaroz production of 12,470 tonnes of lithium carbonate in FY2018, up 5% from FY2017, while Seville was its managing director and CEO. Company revenues were also affected by lithium prices; these company results do not isolate his individual contribution.

Attribution: Role overlaps event; causation unproven. The records establish the senior role and concurrent company results, not that Seville alone caused them.

Relevance: Relevant prior exposure to scaling a critical-materials producer; valuation and volume outcomes cannot be transferred directly to AEM.

Orocobre FY2018 results (Olaroz FY2018 results and CEO remarks); Management | Richard Seville (biography)

AEM has a commercial-size plant but the commercial ramp remains early

Six months to 30 June 2026; guidance and capacity clarification through 1 October 2026 · issuer reported · low materiality

AEM’s 2026 interim report records 12.5 tonnes of HPA sales, A$459,518 revenue and a A$13.42 million net loss for the first half of 2026. The September deck states 2,000 tpa nameplate capacity and forecasts 40–60 tonnes of H2 sales. On 1 October, Adams clarified that 2,000 tpa equipment capacity applied to the first two stages, with the final product-tailoring stage still needing additional equipment; capacity is not actual output and H2 sales were guidance at the evidence cutoff.

Attribution: Role overlaps event; causation unproven. Seville is Executive Chairman during the reported period; reports do not attribute the result or target to him personally.

Relevance: A relevant oversight result for a chair during a capacity-to-sales transition.

Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, p.4; half-year P&L, p.12); Investor Presentation Roadshow September 2026 (slides 4, 22 and 24); AEM investor update transcript, 1 October 2026 (Adams answer to question about execution and stages of 2,000 tpa capacity)

Industrial safety

Contractor died at Prominent Hill during OZ Minerals board tenure

September 2021; annual report published February 2022 · documented · medium materiality

SafeWork SA reported that a worker died after being crushed at Prominent Hill on 5 September 2021 and said it had commenced an investigation. OZ Minerals identified the worker as a Byrnecut contractor, and its 2021 report recorded a reduction in the CEO’s short-term incentive following the fatality. Seville was an independent OZ Minerals director and sustainability committee member during the period. The regulator’s final investigation or prosecution outcome was not located, and the sources do not establish individual involvement or personal fault by Seville.

Attribution: Role overlaps event; causation unproven. Seville’s director and committee role overlapped the incident; the sources do not attribute operational decisions, causation or fault to him.

Relevance: Material historical safety oversight context for a current executive chair.

Fatality at Prominent Hill (6 September 2021 notice); OZ Minerals 2021 Annual and Sustainability Report (remuneration report, Chair’s letter and 2021 safety outcome); OZ Minerals 2022 Annual and Sustainability Report (board of directors, Richard Seville role and committee membership); OZ Minerals 2021 Annual and Sustainability Report (governance section, Richard Seville board biography and committee membership in 2021)

OZ Minerals and contractor gave undertakings after separate unplanned blasts

October 2020; enforceable undertakings accepted 2022 · documented · medium materiality

SafeWork SA reported two unplanned underground explosions and fumes at Prominent Hill in October 2020. No injuries were reported. In 2022 the regulator accepted enforceable undertakings from OZ Minerals and Byrnecut involving safety improvements, with estimated commitments of A$156,845 and A$627,000 respectively. The regulator said no work-health-and-safety charges had been laid. Seville was a non-executive director during the incident; the available sources do not establish his personal involvement.

Attribution: Role overlaps event; causation unproven. An oversight-period company event and regulator response, not proof of personal conduct or a finding against Seville.

Relevance: Prior board oversight and safety-control context for an industrial-plant chair.

Prominent Hill safety boost following unintentional explosions (incident, charges and undertaking details); OZ Minerals 2022 Annual and Sustainability Report (board of directors, Richard Seville role and committee membership)

Suitability for the current role

Chair oversight experience is relevant; individual AEM results remain early

Current role at 31 October 2026 · analyst inference · low materiality

Analyst inference: a long executive and board career in ASX/TSX/AIM companies is relevant to chairing a small, scale-up HPA producer. Sources do not demonstrate that Seville personally delivered AEM’s plant or sales results.

Attribution: Responsibility not applicable. This is a role-scope assessment, not a claim of causation or personal integrity.

Relevance: Chair oversight is relevant while the plant scales and moves toward sustained sales.

Investor Presentation Roadshow September 2026 (slide 22); Management | Richard Seville (biography)

Evidence gaps

  • Appointment history beyond the dates in the selected roster and issuer materials was not independently checked.

  • AEM biography claims about Allkem market-capitalization growth are issuer descriptions; individual causal contribution is not isolated.

  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

  • The exact date his OZ Minerals directorship ended is unresolved; AEM says 2024 while Allkem’s 2023 annual report states May 2023; the 2023 report is the nearer contemporary source.

  • The final regulator, prosecution or coronial outcome concerning the September 2021 Prominent Hill fatality was not located in the reviewed searches.

Michael Adams

Managing Director; Chief Executive Officer

Current
Company SuccessIssuer Reported · Medium materiality

Product tailoring capacity remained below headline first-stage capacity; sales remained early-stage

AEM’s 2026 interim report records 12.5 tonnes of HPA sales, A$459,518 revenue and a A$13.42 million net loss for the first half of 2026. The September deck states 2,000 tpa nameplate capacity and forecasts 40–60 tonnes of H2 sales. On 1 October, Adams clarified that 2,000 tpa equipment capacity applied to the first two stages, with the final product-tailoring stage still needing additional equipment; capacity is not actual output and H2 sales were guidance at the evidence cutoff.

Role overlaps event; causation unproven · Adams was CEO during the period, but the evidence establishes only role overlap, not personal causation.

AEM investor update transcript, 1 October 2026 · Adams answer to question about execution and stages of 2,000 tpa capacity
Evidence gaps · 3
  • AEM’s biography names prior infrastructure employers but gives no project names, periods, budgets or independently verified delivery outcomes.
  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
  • The annual report gives June 2021 as CEO appointment month; the exact 1 June date in the selected roster was not independently verified.

Full background report

Michael Adams

Managing Director; Chief Executive Officer

Career chronology

  • Joined the board in January 2021, became a full-time employee in May 2021 and became CEO and Managing Director in June 2021; the selected roster specifies 1 June.: Advanced Engineered Materials Limited — Board member, then full-time Managing Director and CEO. Investor Presentation Roadshow September 2026 (slide 22, management team); AEM Ltd 31 December 2025 Annual Report (pp.14, 20 and 86)

  • Before joining AEM; exact periods not disclosed: Trafalgar House; Kvaerner; Gammon Construction — Senior leadership in infrastructure and industrial-project development, financing and construction. Management | Michael Adams (biography)

Education and qualifications

Engineering and business qualifications reported

Education; biography current at cutoff · issuer reported · low materiality

AEM reports that Adams is an engineer, holds an MBA from INSEAD and a Master’s degree in Engineering from the University of Cambridge. No institution-level verification was found in the documented search.

Attribution: Responsibility not applicable. Credential statements are company-reported and were not independently verified.

Relevance: Relevant to an industrial CEO role and plant expansion.

Management | Michael Adams (biography)

Contributions and company outcomes

Product tailoring capacity remained below headline first-stage capacity; sales remained early-stage

Six months to 30 June 2026; guidance and capacity clarification through 1 October 2026 · issuer reported · medium materiality

AEM’s 2026 interim report records 12.5 tonnes of HPA sales, A$459,518 revenue and a A$13.42 million net loss for the first half of 2026. The September deck states 2,000 tpa nameplate capacity and forecasts 40–60 tonnes of H2 sales. On 1 October, Adams clarified that 2,000 tpa equipment capacity applied to the first two stages, with the final product-tailoring stage still needing additional equipment; capacity is not actual output and H2 sales were guidance at the evidence cutoff.

Attribution: Role overlaps event; causation unproven. Adams was CEO during the period, but the evidence establishes only role overlap, not personal causation.

Relevance: Directly relevant to CEO execution, conversion of qualification pipeline, plant utilization and cost control.

Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, p.4; half-year P&L, p.12); Investor Presentation Roadshow September 2026 (slides 4, 22 and 24); AEM investor update transcript, 1 October 2026 (Adams answer to question about execution and stages of 2,000 tpa capacity)

Suitability for the current role

Infrastructure delivery experience fits a plant ramp, with no dated project record disclosed

Current role at 31 October 2026 · analyst inference · low materiality

Analyst inference: AEM’s biography reports more than 40 years as an engineer, including senior roles developing, financing and building major industrial and infrastructure projects. That background is relevant to commissioning and expansion, but sources do not give dates or independently quantified outcomes for his earlier projects.

Attribution: Responsibility not applicable. This is an inference from disclosed experience and is not an outcome attribution.

Relevance: Relevant to a manufacturing scale-up that depends on engineering, financing and reliable plant delivery.

Management | Michael Adams (biography)

Evidence gaps

  • AEM’s biography names prior infrastructure employers but gives no project names, periods, budgets or independently verified delivery outcomes.

  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

  • The annual report gives June 2021 as CEO appointment month; the exact 1 June date in the selected roster was not independently verified.

Alexis Clark

Chief Financial Officer; Company Secretary

Current
GovernanceAlleged · Medium materiality

AOW board alleged Clark acted in a 2018 rights-issue arrangement

In its 29 November 2019 ASX announcement, AOW’s board alleged that Clark, acting for AOW, varied the 2018 rights-issue underwriting obligations and that shares were transferred at Clark’s direction. The board said it was investigating the arrangement’s legality and would advise authorities if it constituted a securities-law breach. The announcement separately reported a company settlement and repayment obligations; it is not a court or regulator finding of personal misconduct. The outcome of the stated investigation or any referral could not be verified.

Individual involvement documented · The AOW board named Clark in its account; the disclosed allegations have not been independently adjudicated in the reviewed sources.

AOW Corporate Update: dispute resolution · p.3, rights issue, board allegations and settlement
Evidence gaps · 4
  • The underlying correspondence, forensic banking evidence, and complete investigation file behind AOW’s 2019 board statement were not available in the reviewed public record.
  • AOW’s 2015 reporting corrections are company-level and the ASIC release does not name Clark.
  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.
  • The outcome of AOW’s stated investigation and any referral to securities authorities concerning the 2018 rights issue remains unverified. A 2022 NSW Supreme Court judgment was indexed, but direct access to the reproduction timed out; no resolution or personal finding is inferred from search snippets.

Full background report

Alexis Clark

Chief Financial Officer; Company Secretary

Career chronology

Education and qualifications

Commerce, economics, CA and CFA qualifications reported

Education; current at cutoff · issuer reported · low materiality

AEM reports Clark holds Bachelor of Commerce and Bachelor of Economics degrees from the University of Adelaide and Chartered Accountant and CFA qualifications. The qualifications are issuer-reported; no independent registrar confirmation is included here.

Attribution: Responsibility not applicable. No external credential verification was completed.

Relevance: Directly relevant to CFO responsibilities.

Management | Alexis Clark (biography); AEM Ltd 31 December 2025 Annual Report (p.25, CFO biography)

Contributions and company outcomes

AEM’s H1 2026 revenue increased, but earnings remained negative

Six months to 30 June 2026; H2 outlook at 21 September · issuer reported · low materiality

AEM’s half-year filing reports HPA sales of 12.5 tonnes and A$459,518 revenue, up 84.9% from the prior corresponding period, alongside a A$13.42 million net loss. The September presentation forecasts 40–60 tonnes of H2 sales, not yet an achieved result at cutoff. Results are company-reported and are not attributed to Clark individually.

Attribution: Role overlaps event; causation unproven. Clark was CFO and Company Secretary during the reporting period; the sources do not link Clark personally to operating or financial outcomes.

Relevance: Relevant to financial reporting and the ability to scale revenues and control costs.

Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, p.4; financial statements, p.12); Investor Presentation Roadshow September 2026 (slide 24)

Business failures and setbacks

AOW was delisted after prolonged suspension and subsequent reporting failures

May 2019 to May 2020 · documented · low materiality

ASX removed AOW from its official list on 1 May 2020 under Listing Rule 17.12 after its securities had been suspended for an unacceptably long period. Clark had resigned in May 2019. The company outcome is not attributed personally to Clark.

Attribution: Employer context; no individual link established. The delisting followed Clark’s departure; no individual link was established from the reviewed issuer and ASX notices.

Relevance: Material company failure during a prior employer’s later period; relevant only as employment context.

American Patriot Oil & Gas Limited (ASX:AOW) – Removal from Official List (pp.1, removal notice); American Patriot Oil & Gas Limited Announces Executive and Board Changes (resignation notice)

Governance and interests

AOW board alleged Clark acted in a 2018 rights-issue arrangement

2018 rights issue; board statement 29 November 2019 · alleged · medium materiality

In its 29 November 2019 ASX announcement, AOW’s board alleged that Clark, acting for AOW, varied the 2018 rights-issue underwriting obligations and that shares were transferred at Clark’s direction. The board said it was investigating the arrangement’s legality and would advise authorities if it constituted a securities-law breach. The announcement separately reported a company settlement and repayment obligations; it is not a court or regulator finding of personal misconduct. The outcome of the stated investigation or any referral could not be verified.

Attribution: Individual involvement documented. The AOW board named Clark in its account; the disclosed allegations have not been independently adjudicated in the reviewed sources.

Relevance: Material to a CFO and company secretary assessment because the account concerns securities arrangements. The allegation is not proof of misconduct, and the later outcome is unverified.

AOW Corporate Update: dispute resolution (p.3, rights issue, board allegations and settlement)

ASIC required company-level correction of earlier AOW reporting

2014–2015 financial reports; ASIC release 2015 · documented · low materiality

ASIC reported that AOW corrected prior-period capital-raising cost, borrowing-classification and related-party disclosure errors after ASIC surveillance in 2015. The release does not mention Clark or attribute the errors to him; it is included only as an AOW reporting-control context during his broader CEO tenure.

Attribution: Role overlaps event; causation unproven. Company reporting errors overlapped Clark’s AOW tenure, but no individual responsibility or enforcement against him is documented in the ASIC release.

Relevance: Relevant background for assessing a finance executive, with attribution deliberately limited to the company.

American Patriot Oil & Gas Limited corrects errors and related party disclosures (media release, paragraphs 1–4)

Suitability for the current role

Financial-market and reporting experience is relevant; prior AOW governance issue warrants context

Current AEM role at 31 October 2026 · analyst inference · medium materiality

Analyst inference: Clark’s reported finance, equity research, structured-finance, CA and CFA experience is relevant to CFO and Company Secretary work. An AOW board statement alleges Clark’s involvement in a 2018 securities arrangement and reports a company settlement; those allegations are not a finding of personal misconduct. The later regulatory outcome remains unverified.

Attribution: Responsibility not applicable. Role fit is an evidence-based judgment, not a trustworthiness conclusion.

Relevance: The CFO/Company Secretary handles reporting, financing and disclosure controls; prior issuer reporting issues merit careful separation of personal and company responsibility.

Management | Alexis Clark (biography); AOW Corporate Update: dispute resolution (pp.1–3)

Evidence gaps

  • The underlying correspondence, forensic banking evidence, and complete investigation file behind AOW’s 2019 board statement were not available in the reviewed public record.

  • AOW’s 2015 reporting corrections are company-level and the ASIC release does not name Clark.

  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

  • The outcome of AOW’s stated investigation and any referral to securities authorities concerning the 2018 rights issue remains unverified. A 2022 NSW Supreme Court judgment was indexed, but direct access to the reproduction timed out; no resolution or personal finding is inferred from search snippets.

Stéphane Blanchette

Chief Human Resources Officer

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 3
  • No dated appointment or named prior employer chronology was found in the reviewed public biography.
  • No independent qualification-register confirmation or dated HR transformation outcome was located.
  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Full background report

Stéphane Blanchette

Chief Human Resources Officer

Career chronology

Education and qualifications

Human-resources designations and industrial-relations degree reported

Education; biography current at cutoff · issuer reported · low materiality

AEM’s biography reports CPHR and CRHA designations and a bachelor’s degree in Industrial Relations from Université Laval. No independent degree or professional-body register confirmation is included.

Attribution: Responsibility not applicable. Credentials are issuer-reported in the reviewed source.

Relevance: Relevant to the CHRO role.

Management | Stéphane Blanchette (biography)

Contributions and company outcomes

AEM’s commercial ramp is reported but remains early

Six months to 30 June 2026; H2 outlook at 21 September · issuer reported · low materiality

AEM’s half-year filing reports 12.5 tonnes of HPA sales, A$459,518 revenue and a A$13.42 million net loss for the six months to 30 June 2026. The September deck forecasts 40–60 tonnes of H2 sales; as of 10 October this was a target, not a completed result. These outcomes are not attributed to the HR function.

Attribution: Employer context; no individual link established. This company result is not within the documented personal responsibility of the CHRO.

Relevance: Company context only; no individual performance conclusion follows.

Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, p.4; financial statements, p.12); Investor Presentation Roadshow September 2026 (slides 4 and 24)

Suitability for the current role

HR transformation background is relevant, but employer and outcome detail is limited

Current role at 31 October 2026 · analyst inference · low materiality

Analyst inference: AEM reports more than 25 years in HR across startups and larger organizations, with work on transformation, mergers and acquisitions, organizational design and culture. The biography does not name employers, dates or quantified outcomes, so individual delivery cannot be assessed from this record.

Attribution: Responsibility not applicable. The source is the executive’s issuer biography; no personal performance outcomes are independently established.

Relevance: Relevant to workforce scale-up and manufacturing HR systems; evidence quality is limited by missing chronology.

Management | Stéphane Blanchette (biography)

Evidence gaps

  • No dated appointment or named prior employer chronology was found in the reviewed public biography.

  • No independent qualification-register confirmation or dated HR transformation outcome was located.

  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Sylvain Seyer

SVP – Production and Asset Management

Current
Company SuccessIssuer Reported · Medium materiality

Issuer biography links Seyer to Cap-Chat commissioning

AEM’s biography links Seyer to commissioning Cap-Chat but does not specify dates or individual contributions. In October 2026 CEO Adams said the first two process stages had 2,000 tpa equipment capacity, while the final tailoring stage needed additional equipment. AEM reported 12.5 tonnes of HPA sales in the first half of 2026; nameplate capacity is not actual output.

Individual involvement documented · The issuer biography directly connects Seyer to commissioning; it does not specify the commissioning date or attribute the sales result to him.

Evidence gaps · 3
  • No dated employer chronology or independently quantified plant-design/commissioning outcomes were found.
  • The issuer’s Cap-Chat commissioning claim lacks dates and a breakdown of individual contribution.
  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Full background report

Sylvain Seyer

SVP – Production and Asset Management

Career chronology

  • Current at 31 October 2026; appointment date not disclosed: Advanced Engineered Materials Limited — SVP, Production and Asset Management. Management | Sylvain Seyer (biography); Investor Presentation Roadshow September 2026 (slide 23, senior management team)

  • More than 35 years of experience; employers and exact periods not disclosed: Metallurgical production and plant engineering — Process and plant design, commissioning and optimization. Management | Sylvain Seyer (biography)

Education and qualifications

Chemical-engineering background reported

Education; biography current at cutoff · issuer reported · low materiality

AEM identifies Seyer as a chemical engineer. The biography does not name the institution, degree type or completion date, and no independent credential source was located.

Attribution: Responsibility not applicable. The issuer reports a professional background; specific credential details remain unverified.

Relevance: Relevant to plant operation and process engineering.

Management | Sylvain Seyer (biography)

Contributions and company outcomes

Issuer biography links Seyer to Cap-Chat commissioning

Cap-Chat commissioning; capacity and sales reported by 30 June 2026 · issuer reported · medium materiality

AEM’s biography links Seyer to commissioning Cap-Chat but does not specify dates or individual contributions. In October 2026 CEO Adams said the first two process stages had 2,000 tpa equipment capacity, while the final tailoring stage needed additional equipment. AEM reported 12.5 tonnes of HPA sales in the first half of 2026; nameplate capacity is not actual output.

Attribution: Individual involvement documented. The issuer biography directly connects Seyer to commissioning; it does not specify the commissioning date or attribute the sales result to him.

Relevance: Directly relevant to production and asset management; utilization and sustained commercial performance remain key outcomes.

Management | Sylvain Seyer (biography); Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, p.4); Investor Presentation Roadshow September 2026 (slide 4); AEM investor update transcript, 1 October 2026 (Adams answer on processing stages and nameplate capacity)

Suitability for the current role

Plant design and commissioning experience directly matches production responsibilities

Current role at 31 October 2026 · analyst inference · low materiality

Analyst inference: AEM describes Seyer as a chemical engineer with more than 35 years in metallurgical production, plant design and commissioning, including the Cap-Chat plant. The biography provides no dates, technical metrics or independent verification.

Attribution: Responsibility not applicable. The fit assessment uses issuer-reported experience; it does not infer responsibility for company-wide results.

Relevance: Strong functional relevance to the manufacturing scale-up, with limited independent evidence.

Management | Sylvain Seyer (biography)

Evidence gaps

  • No dated employer chronology or independently quantified plant-design/commissioning outcomes were found.

  • The issuer’s Cap-Chat commissioning claim lacks dates and a breakdown of individual contribution.

  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Dr Daniele Fregonese

SVP – Sales and Marketing

Current
Company SuccessIssuer Reported · Medium materiality

Sales activity and pipeline expanded, while recognized sales remained modest

AEM’s June 2026 interim report records sales of 12.5 tonnes for A$459,518 and a 210-project, un-risked pipeline at 30 June. Its September deck lists 18 commercial relationships and forecasts 40–60 tonnes of second-half sales. Pipeline and forecasts are not completed sales; filings do not attribute the outcomes to Fregonese individually.

Role overlaps event; causation unproven · Fregonese leads sales and marketing, but no source establishes that he personally produced the pipeline or sales results.

Evidence gaps · 3
  • Prior employer appointment dates, commercial results and product-launch metrics were not publicly detailed in the reviewed biography.
  • No independent verification of the PhD or business education was located.
  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Full background report

Dr Daniele Fregonese

SVP – Sales and Marketing

Career chronology

Education and qualifications

Polymer-science PhD and business education reported

Education; biography current at cutoff · issuer reported · low materiality

AEM reports a PhD in Polymer Science and business education in Marketing and Finance from London Business School and Oxford Business School. No independent credential verification was located.

Attribution: Responsibility not applicable. Qualifications and business education are issuer-reported.

Relevance: Relevant to specialty materials, sales and market development.

Management | Daniele Fregonese (biography)

Contributions and company outcomes

Sales activity and pipeline expanded, while recognized sales remained modest

Six months to 30 June 2026; pipeline at 30 June; H2 guidance 21 September · issuer reported · medium materiality

AEM’s June 2026 interim report records sales of 12.5 tonnes for A$459,518 and a 210-project, un-risked pipeline at 30 June. Its September deck lists 18 commercial relationships and forecasts 40–60 tonnes of second-half sales. Pipeline and forecasts are not completed sales; filings do not attribute the outcomes to Fregonese individually.

Attribution: Role overlaps event; causation unproven. Fregonese leads sales and marketing, but no source establishes that he personally produced the pipeline or sales results.

Relevance: Directly relevant to commercial conversion and customer qualification.

Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, pp.4–5); Investor Presentation Roadshow September 2026 (slides 4, 18–20 and 24)

Suitability for the current role

Specialty-materials commercialization experience is relevant; delivery evidence remains issuer-reported

Current role at 31 October 2026 · analyst inference · low materiality

Analyst inference: AEM reports more than 20 years of marketing, sales and R&D experience in Europe and Asia, prior global marketing leadership at Almatis and Evonik, and a presidency at Degussa NTECH. His current role directly concerns customer conversion, but the biography gives no dates or independently quantified product-launch outcomes.

Attribution: Responsibility not applicable. The suitability inference is based on issuer-reported career claims and does not establish individual sales performance.

Relevance: Commercial conversion is central because reported first-half sales were 12.5 tonnes while additional product-tailoring equipment was still needed to support headline first-stage capacity.

Management | Daniele Fregonese (biography); Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, p.4); Investor Presentation Roadshow September 2026 (slides 4 and 18)

Evidence gaps

  • Prior employer appointment dates, commercial results and product-launch metrics were not publicly detailed in the reviewed biography.

  • No independent verification of the PhD or business education was located.

  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Dr Ebrahim Alizadeh

SVP – Technical Services and R&D

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 4
  • The Orbite and AEM tenure split, technical responsibilities, named patents and independent process-performance results are not available in the reviewed public profile.
  • The cited CEO comment is a third-party transcript rather than an official transcript or filing.
  • No independent doctoral credential source was located.
  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Full background report

Dr Ebrahim Alizadeh

SVP – Technical Services and R&D

Career chronology

Education and qualifications

Doctoral qualification reported; institution and field are not specified on AEM’s page

Education; biography current at cutoff · issuer reported · low materiality

AEM identifies Alizadeh as holding a PhD, but the reviewed profile does not name the field, institution or award date. No independent credential verification was located.

Attribution: Responsibility not applicable. The qualification is issuer-reported and lacks enough detail for independent verification.

Relevance: Relevant to the R&D role but its specific technical focus is not established by the profile.

Management | Ebrahim Alizadeh (biography)

Contributions and company outcomes

AEM’s technical expansion is progressing while the commercial ramp remains early

2026 half-year and September 2026 guidance · issuer reported · low materiality

AEM’s interim report says the plant completed modifications for ultra-low-alpha HPA and continued work on a 1,000 tpa circuit; first-half sales were 12.5 tonnes for A$459,518. The September presentation sets a 40–60 tonne H2 sales forecast. These are company outcomes and forward guidance; no source assigns the commercial result to Alizadeh.

Attribution: Role overlaps event; causation unproven. Alizadeh holds the technical-services/R&D role during the reported technical work; the filing does not attribute the outcome to him.

Relevance: Relevant to R&D and technology scale-up; actual production and qualified customer sales remain distinct from modification completion.

Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, pp.4–5); Investor Presentation Roadshow September 2026 (slides 4 and 23)

Business failures and setbacks

Orbite’s former Cap-Chat business entered insolvency before AEM acquired its assets

2017 predecessor insolvency; AEM asset purchase in 2020 · documented · low materiality

Orbite sought insolvency protection after a machinery breakdown at Cap-Chat, according to its legal adviser; regional reporting says operations were suspended in April 2017 and AEM acquired the assets in 2020. AEM’s biography says Alizadeh worked on HPA at Orbite and later AEM but gives no dates or connection to the breakdown or financial failure. No personal responsibility is established.

Attribution: Employer context; no individual link established. The financial failure was Orbite’s; the sources provide no evidence tying Alizadeh to its finances or insolvency.

Relevance: Relevant as technical project history, but not adverse personal evidence.

Les neuf vies de l’usine d’alumine de Cap-Chat (paragraphs 48–64); Management | Ebrahim Alizadeh (biography); Fasken acts for Orbite Technologies in CCAA proceeding (overview, insolvency and machinery breakdown)

Suitability for the current role

Long HPA technical experience is relevant; the breakdown of work and outcomes is unavailable

Current role at 31 October 2026 · analyst inference · low materiality

Analyst inference: AEM reports more than 15 years in engineering/R&D and more than nine years in HPA production with Orbite and later AEM. An October 2026 investor-update transcript quotes the CEO as saying Alizadeh developed the technology AEM uses. The company biography and transcript do not provide dates, patents, independent technical-performance metrics or a personal attribution for commercial results.

Attribution: Responsibility not applicable. The fit inference draws on issuer biography and CEO remarks; technical contribution is not independently validated here.

Relevance: Relevant to process performance, product purity and expansion of HPA product grades.

Management | Ebrahim Alizadeh (biography); AEM investor update transcript, 1 October 2026 (CEO remarks on technical leadership)

Evidence gaps

  • The Orbite and AEM tenure split, technical responsibilities, named patents and independent process-performance results are not available in the reviewed public profile.

  • The cited CEO comment is a third-party transcript rather than an official transcript or filing.

  • No independent doctoral credential source was located.

  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Dr Jean-Nicolas Beaudry

SVP – Corporate Development & Strategy

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 2
  • Appointment date and the scope of corporate-development responsibilities are not disclosed in the selected records.
  • Exact employment dates and attributable deals at 5N Plus and Enim remain unavailable; institutional profiles describe education but Polytechnique registrar records and the professional membership register were not independently checked.

Full background report

Dr Jean-Nicolas Beaudry

SVP – Corporate Development & Strategy

Career chronology

Education and qualifications

Materials-science, metallurgical-engineering and executive-MBA degrees reported

Education; biography current at cutoff · issuer reported · low materiality

AEM and a Québec government conference biography report materials engineering and metallurgical engineering degrees from École Polytechnique de Montréal and a joint McGill–HEC Montréal executive MBA. The McGill–HEC program identifies Beaudry in its class of 2023. Polytechnique registrar records were not independently checked.

Attribution: Responsibility not applicable. The issuing program lists Beaudry in its 2023 class; the other degrees remain supported by biographies rather than university registrar records.

Relevance: Relevant to advanced materials strategy and technical assessment.

Management | Jean-Nicolas Beaudry (biography); Jean-Nicolas Beaudry, EMBA Class of 2023 (class of 2023 program profile); Jean-Nicolas Beaudry — Québec Mines + Énergie 2025 (education and membership in conference biography)

Contributions and company outcomes

AEM continues expansion planning while current sales remain early

2026 half-year; current at 31 October 2026 · issuer reported · low materiality

AEM’s June 2026 filing reports a continuing feasibility study for a 6,000 tpa Stage 2 expansion and first-half HPA sales of 12.5 tonnes for A$459,518. The 21 September deck forecasts 40–60 tonnes of H2 sales. These are company disclosures; no source attributes the study or sales to Beaudry, whose appointment timing is not stated.

Attribution: Employer context; no individual link established. No evidence links Beaudry personally to the project study or sales result.

Relevance: Company context for a strategy role; pipeline and plans remain distinct from delivered expansion or earnings.

Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, pp.4–5); Investor Presentation Roadshow September 2026 (slides 4, 17 and 23)

Suitability for the current role

Advanced-materials experience aligns with strategy and corporate development

Current role at 31 October 2026 · analyst inference · low materiality

Analyst inference: The McGill-HEC program profile identifies Beaudry as commercial director for electronic materials at 5N Plus in 2023, and the Québec government’s 2025 conference biography identifies him as an Enim business development and partnerships vice president. These roles are relevant to advanced materials strategy; specific commercial transactions and their individual outcomes were not established.

Attribution: Responsibility not applicable. This role-fit judgment is based on issuer disclosure; it does not infer specific deal performance.

Relevance: Relevant to government relations, risk management, partnerships and strategy in an industrial scale-up.

Management | Jean-Nicolas Beaudry (biography); Jean-Nicolas Beaudry, EMBA Class of 2023 (biography and 5N Plus role); Jean-Nicolas Beaudry — Québec Mines + Énergie 2025 (conference biography)

Evidence gaps

  • Appointment date and the scope of corporate-development responsibilities are not disclosed in the selected records.

  • Exact employment dates and attributable deals at 5N Plus and Enim remain unavailable; institutional profiles describe education but Polytechnique registrar records and the professional membership register were not independently checked.

Emmanuel Duvnjak

Head of Communications and Investor Relations

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 3
  • No detailed biography, education, prior roles, appointment date or personally attributable IR outcomes were found in the reviewed sources.
  • The role is included because AEM’s current management page lists Duvnjak as Head of Communications and Investor Relations; his appointment date is unknown.
  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.

Full background report

Emmanuel Duvnjak

Head of Communications and Investor Relations

Career chronology

Contributions and company outcomes

AEM’s investor-facing outlook remains forward-looking

Six months to 30 June 2026; H2 outlook at 21 September · issuer reported · low materiality

AEM reported 12.5 tonnes of HPA sales and A$459,518 revenue in the first half of 2026; the September deck forecast 40–60 tonnes of H2 sales. This is company-reported information. The sources do not indicate that Duvnjak authored the forecasts or was responsible for operating performance.

Attribution: Employer context; no individual link established. No individual link between Duvnjak and the operating outcome is documented.

Relevance: Relevant context for an IR role because reporting must distinguish delivered sales from forward guidance.

Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (directors’ report, p.4); Investor Presentation Roadshow September 2026 (slides 4 and 24)

Suitability for the current role

Current IR role is confirmed but public evidence of experience and qualifications is sparse

Current at 31 October 2026 · analyst inference · low materiality

Analyst inference: AEM’s management page identifies Duvnjak as Head of Communications and Investor Relations, and AEM’s 2026 interim report lists him as investor/media contact. The reviewed sources do not establish prior employers, education, professional qualifications or dated IR outcomes.

Attribution: Responsibility not applicable. The role is confirmed by the issuer; no claim is made about individual communications performance.

Relevance: Investor communication is relevant for a listed company with a significant capacity and sales ramp, but suitability cannot be assessed beyond the title.

Management Team | Our People (management list, lines 81–87); Advanced Engineered Materials Limited Interim Report for the Half Year 2026 (company contacts, back matter)

Evidence gaps

  • No detailed biography, education, prior roles, appointment date or personally attributable IR outcomes were found in the reviewed sources.

  • The role is included because AEM’s current management page lists Duvnjak as Head of Communications and Investor Relations; his appointment date is unknown.

  • Open-web searches documented here are not an exhaustive court, regulator, sanctions, criminal-record, reference or credential check.