Aeris Resources Limited

Career chronology

• Current at 9 October 2026: Aeris Resources Limited — Executive Chairman. Aeris Resources Limited Annual Report 2026 (directors report and remuneration report)

• Senior roles in prior 3 years; MD from 13 Sep 2010 until Zijin acquisition: Norton Gold Fields — Senior finance/operating roles; Managing Director. Norton Gold Fields Annual Report 2010 (p. 26); Norton Gold Fields Annual Report 2011 (directors report)

• Before Norton appointment; dates not stated: DRD Gold and AngloGold Ashanti — Senior resource-sector finance/operating roles. Norton Gold Fields Annual Report 2010 (p. 26); Leadership (leadership biography)

Contributions and company outcomes

Norton output and financial performance improved during his managing-director tenure

Sep 2010–FY2011 · issuer reported · medium materiality

Norton’s FY2011 report records 152,554 oz gold production and highlights record output/profit improvement after the FY2010 loss. Labuschagne had become Managing Director on 13 September 2010, so this outcome overlapped his tenure. The reports do not isolate his individual causal contribution.

Attribution: Role overlaps event; causation unproven. Managing-director tenure overlaps the company-reported improvement; no sole-person attribution is established.

Relevance: Relevant leadership evidence in gold operations; commodity, asset and predecessor actions also influence outcome.

Norton Gold Fields Annual Report 2010 (p. 26); Norton Gold Fields Annual Report 2011 (pp. 8–9; directors report)

Business failures and setbacks

Norton settled hedge litigation arising from legacy gold hedging

FY2010; settlement 6 Sep 2010 · issuer reported · medium materiality

Norton disclosed settlement of gold-hedge litigation on 6 September 2010: cancellation of the hedge for A$10m upfront plus a A$97m secured note payable over four years. It reported a FY2010 net loss after tax of A$33.315m. Labuschagne was then in senior finance/operating roles and was appointed MD effective 13 September, after the settlement; the materials do not connect him personally to the hedge decision or settlement negotiation.

Attribution: Role overlaps event; causation unproven. Company-level finance and litigation issue during prior senior employment; settlement predated his MD appointment and no personal wrongdoing or negotiation responsibility is found.

Relevance: Relevant to capital allocation/financial risk context, but chronology and role timing materially limit individual attribution.

Norton Gold Fields Annual Report 2010 (pp. 26, 88)

Suitability for the current role

Gold-sector executive experience relevant to executive-chair role

Current role · analyst inference · medium materiality

Analyst inference: more than 20 years in resources and prior finance/operating experience, Norton MD tenure and Aeris company leadership support sector and listed-company fit. No individual responsibility is inferred for the Norton hedge matter.

Attribution: Responsibility not applicable. Career experience is reported by issuer and not independently verified.

Relevance: Relevant industry experience; governance, capital allocation and operational oversight remain key responsibilities.

Leadership (leadership biography); Norton Gold Fields Annual Report 2010 (p. 26)

Evidence gaps

• Chronology and source-backed individual outcomes at earlier employers remain incomplete.

• Person-specific regulator, safety, environmental and professional-discipline review is not exhaustive; no sourced personal adverse finding is asserted from the queries documented.

• Issuer biographies and results are not independently verified performance or credential checks.

Career chronology

• Current at 9 October 2026: Aeris Resources Limited — Chief Operating Officer. Aeris Resources Limited Annual Report 2026 (directors report and remuneration report)

• COO appointed 30 Dec 2022; Wassa operations responsibility documented by 24 May 2023: Chifeng Jilong Gold Mining Co. — COO; later responsible for Wassa operations / CEO role for Wassa. Appointment of Paul Harris as COO (appointment); Management changes and Wassa operational review (Wassa leadership review)

• Prior roles; exact sequence/dates not stated: MMG, Redpath, BHP and Rio Tinto — Mining operational leadership. Leadership (leadership bio)

• Prior role; dates not stated: Lane Xang Minerals — President. Leadership (leadership bio)

Contributions and company outcomes

Wassa production recovered after management review during his operating remit

Dec 2022–2024 · issuer reported · medium materiality

Chifeng states Harris assumed responsibility for Wassa operations/management in May 2023 and ordered production recalibration and cost reductions after acknowledging operational-management mistakes since H2 2022. Official Ghana Minerals Commission annual data show Wassa production at 170,726 oz in 2022, 165,884 oz in 2023 and 187,281 oz in 2024. The 2022 decline predates Harris’s Chifeng COO appointment; 2023/24 outcomes overlap his Wassa remit but are not solely attributable to him.

Attribution: Role overlaps event; causation unproven. Employer documents establish responsibility for management response; they also attribute disruption to operational conditions and do not isolate individual causality.

Relevance: Relevant to operating turnarounds; outcome trend is mixed in the first year and improved by 2024.

Appointment of Paul Harris as COO (appointment and Q3 2022 context); Management changes and Wassa operational review (management review and remit); Production data (Wassa annual production rows 2022–2024)

Suitability for the current role

International mine operations experience is relevant to COO role

Career through cutoff · analyst inference · medium materiality

Leadership biography documents 27+ years’ mining experience, operational positions across several miners, and geological-engineering education. His Chifeng case includes responsibility for a turnaround after acknowledged operating problems, followed by improved Wassa output in 2024; attribution remains shared and company-reported.

Attribution: Responsibility not applicable. Prior roles and results are reported by employer; individual causal contribution is not independently established.

Relevance: High role relevance to mine operations, with a mixed initial and subsequent operating trajectory.

Leadership (leadership biography); Management changes and Wassa operational review (Wassa review); Production data (Wassa production data)

Evidence gaps

• Chronology and source-backed individual outcomes at earlier employers remain incomplete.

• Person-specific regulator, safety, environmental and professional-discipline review is not exhaustive; no sourced personal adverse finding is asserted from the queries documented.

• Issuer biographies and results are not independently verified performance or credential checks.

• Chifeng reported operating mistakes from H2 2022 before Harris’s 30 December 2022 COO appointment; Wassa operating accountability is documented from 24 May 2023. Ghana regulator production data support trend but not individual causality.

Career chronology

• Current at 9 October 2026: Aeris Resources Limited — Chief People Officer. Aeris Resources Limited Annual Report 2026 (directors report and remuneration report)

• More than 8 years in HR roles before 2022; exact dates not stated: BHP — Human Resources Business Partner. Leadership (leadership biography)

• Approximately four years before Aeris; exact dates not stated: New Hope Group — Human Resources Manager. Leadership (leadership biography)

• Aug 2022 onward: Aeris Resources — CPO; joined Aug 2022, CPO from Dec 2024. Senior leadership changes (appointment); Aeris Resources Limited Annual Report 2026 (KMP/remuneration history)

Suitability for the current role

Human-resources experience across mining employers supports people-leadership remit

Career through cutoff · analyst inference · medium materiality

Issuer leadership biography reports more than eight years at BHP in HR business-partner roles, approximately four years as New Hope HR manager, and Aeris appointment in August 2022; promoted to CPO effective 2 December 2024. No specific employee-relations outcome or safety-culture performance is individually attributed.

Attribution: Responsibility not applicable. Company biographies establish roles and duration approximations; person-specific workforce outcome evidence remains limited.

Relevance: Relevant to workforce capability and culture in a multi-site miner; safety responsibility is shared across operations.

Leadership (leadership bio); Senior leadership changes (appointment)

Evidence gaps

• Chronology and source-backed individual outcomes at earlier employers remain incomplete.

• Person-specific regulator, safety, environmental and professional-discipline review is not exhaustive; no sourced personal adverse finding is asserted from the queries documented.

• Issuer biographies and results are not independently verified performance or credential checks.

Career chronology

• Current at 9 October 2026: Aeris Resources Limited — Chief Technical Officer. Aeris Resources Limited Annual Report 2026 (directors report and remuneration report)

• GM Technical & Studies since Feb 2023; CTO effective 2 Dec 2024: Aeris Resources — GM Technical & Studies; Chief Technical Officer. Senior leadership changes (pp. 1–2)

• More than 35 years; employers and dates not fully enumerated in opened sources: Mining operations and consulting — Geology, geomechanics, geotechnical, operations, construction and SSE leadership. Leadership (leadership biography)

Industrial safety

Aeris reports limited aggregate FY26 safety detail in reviewed annual report

FY2026 · issuer reported · low materiality

FY26 report was checked for fatality, LTI and enforcement terms but does not provide a detailed incident history in the reviewed sections. No person-specific safety event or enforcement was found; a complete operating incident review remains unavailable.

Attribution: Employer context; no individual link established. No personal involvement is established; the absence of detailed annual report disclosure is a source limitation, not evidence of no incidents.

Relevance: CTO’s technical and SSE remit makes detailed safety outcomes relevant.

Aeris Resources Limited Annual Report 2026 (annual report safety disclosure review)

Suitability for the current role

Deep technical and operational experience aligns with CTO mandate

Career to cutoff · analyst inference · medium materiality

Aeris reports more than 35 years across geology, geomechanics, geotechnical engineering, operations, construction and statutory SSE roles. It lists MBA, MEngSc and BSc (Hons) degrees and AusIMM Fellowship. FY2025 report identifies him as competent person for Murrawombie open-pit ore reserve.

Attribution: Responsibility not applicable. Issuer biographies and competent-person disclosure support qualifications; no independent degree verification.

Relevance: Relevant to technical oversight, mine planning and safety-critical engineering.

Leadership (leadership biography); Aeris Resources Annual Report 2025 – competent persons (competent-person disclosure)

Evidence gaps

• Chronology and source-backed individual outcomes at earlier employers remain incomplete.

• Person-specific regulator, safety, environmental and professional-discipline review is not exhaustive; no sourced personal adverse finding is asserted from the queries documented.

• Issuer biographies and results are not independently verified performance or credential checks.

Career chronology

• Current at 9 October 2026: Aeris Resources Limited — Chief Financial Officer; Company Secretary. Aeris Resources Limited Annual Report 2026 (directors report and remuneration report)

• Joined 2013; GM Finance 2020; Acting CFO Aug 2024; formal CFO Mar 2025: Aeris Resources / Straits Resources — Group Financial Controller; General Manager Finance; Acting CFO; CFO and Company Secretary. Aeris Resources Annual Report FY2025 (p. 50, KMP history)

• Prior to Aeris; exact dates not stated: Norton — Financial controller role. Leadership (leadership biography)

• Prior to Aeris; dates not stated: Worley, Deloitte and PKF/BDO — Finance and audit roles. Leadership (leadership biography)

Suitability for the current role

Progressive internal finance history and accounting background align with CFO role

2013–cutoff · analyst inference · medium materiality

Aeris reports Dane joined in 2013 as group financial controller, became GM Finance in 2020, acted as CFO from August 2024 and was formally appointed CFO in March 2025; his company biography adds earlier finance and audit roles. The reviewed annual report states no audit-independence concern; it does not establish personal control performance beyond titles.

Attribution: Responsibility not applicable. Career chronology is issuer-reported; no personal finding of control failure.

Relevance: Relevant to financial reporting continuity and company secretarial responsibilities.

Aeris Resources Annual Report FY2025 (p. 50); Leadership (leadership biography); Aeris Resources Limited Annual Report 2026 (audit/governance disclosure)

Evidence gaps

• Chronology and source-backed individual outcomes at earlier employers remain incomplete.

• Person-specific regulator, safety, environmental and professional-discipline review is not exhaustive; no sourced personal adverse finding is asserted from the queries documented.

• Issuer biographies and results are not independently verified performance or credential checks.

Career chronology

• Current at 9 October 2026: Aeris Resources Limited — Executive General Manager – Exploration. Aeris Resources Limited Annual Report 2026 (directors report and remuneration report)

• Joined 2014; EGM effective 22 Sep 2025: Aeris Resources — Exploration employee; EGM Exploration from 22 Sep 2025. Appointment of Brad Cox as EGM Exploration (appointment notice); Aeris Resources Limited Annual Report 2026 (KMP appointment)

Personal achievements

Issuer credits Cox with Constellation discovery and resource extensions

2014–cutoff · issuer reported · medium materiality

Aeris’s dated appointment notice states Cox joined in 2014 and played a pivotal role in discovery of the Constellation deposit, resource extensions and successful exploration programs. FY2025 annual report identifies him as AusIMM member and competent person for Constellation and Lillymay mineral-resource information. Constellation’s later reserve and construction progress are company-level outcomes and not fully attributable to the exploration executive.

Attribution: Individual involvement documented. Issuer directly attributes exploration discovery contribution; subsequent construction/development is not a personal claim.

Relevance: Direct evidence of exploration contribution relevant to his current role.

Appointment of Brad Cox as EGM Exploration (pp. 1–2); Aeris Resources Annual Report 2025 – competent persons (p. 27)

Suitability for the current role

Exploration discovery experience and competent-person work support role alignment

2014–cutoff · analyst inference · medium materiality

Analyst inference: more than a decade with Aeris, issuer-credited discovery work and competent-person responsibilities support exploration leadership fit. Education remains unverified in the opened sources.

Attribution: Responsibility not applicable. Evidence is issuer-reported and does not substitute for independently validated resource outcomes.

Relevance: Relevant to reserve growth and exploration oversight; no degree claim is made.

Appointment of Brad Cox as EGM Exploration (pp. 1–2); Aeris Resources Annual Report 2025 – competent persons (p. 27)

Evidence gaps

• Chronology and source-backed individual outcomes at earlier employers remain incomplete.

• Person-specific regulator, safety, environmental and professional-discipline review is not exhaustive; no sourced personal adverse finding is asserted from the queries documented.

• Issuer biographies and results are not independently verified performance or credential checks.

Career chronology

• Current at 9 October 2026: Aeris Resources Limited — Joint Company Secretary. Aeris Resources Limited Annual Report 2026 (directors report and remuneration report)

• Appointed 1 Dec 2022; current status after Aeris appointment not established: Powerhouse Ventures — Company Secretary. Powerhouse Ventures Annual Report FY2023 (p. 5)

• Appointment reported effective 25 Feb 2026; company source booklet found but not opened, so date relies on annual report/KMP context: Aeris Resources — Joint Company Secretary. Aeris Resources Limited Annual Report 2026 (KMP and company-secretary disclosure)

Education and qualifications

Law, MBA and company-governance qualifications disclosed

As reported 2023 · issuer reported · medium materiality

Powerhouse Ventures FY2023 annual report lists an LLB from QUT, admitted in Queensland in 1998, MBA from Simon Fraser University, a corporate-governance diploma, Chartered Secretaries Institute credentials and AICD graduate course in 2019. It reports 15+ years of governance/company-secretarial work.

Attribution: Responsibility not applicable. Issuer annual report supports biography; independent university, admission and membership records were not checked.

Relevance: Relevant to company-secretarial and legal/governance support.

Powerhouse Ventures Annual Report FY2023 (p. 5)

Suitability for the current role

Governance and legal experience aligns with joint company-secretary role

2023–cutoff · analyst inference · medium materiality

Analyst inference: legal training and long listed-company governance experience are relevant to ASX secretary duties. Full concurrent client roster and post-Aeris workload were not reconciled.

Attribution: Responsibility not applicable. Issuer career history is documented, but no specific governance outcome is attributed.

Relevance: Relevant to board process and disclosure controls; concurrency remains a diligence limitation.

Powerhouse Ventures Annual Report FY2023 (pp. 5, 18); Aeris Resources Limited Annual Report 2026 (company secretary listing)

Evidence gaps

• Chronology and source-backed individual outcomes at earlier employers remain incomplete.

• Person-specific regulator, safety, environmental and professional-discipline review is not exhaustive; no sourced personal adverse finding is asserted from the queries documented.

• Issuer biographies and results are not independently verified performance or credential checks.

• The Aeris scheme-booklet bio source was inaccessible; Powerhouse Ventures FY2023 annual report is used for her prior credentials and appointment history.