Penelope Stonier

Career chronology

• Joined June 2025; current at cutoff: Arafura Rare Earths Limited — Chief Corporate Affairs Officer. Arafura Rare Earths Investor Presentation (Page 28; joining date and role); Quarterly Activities Report and Appendix 5B for period ending 30 September 2026 (Page 2; current title)

• Issuer says over ten years at Fortescue and responsibility for capital management strategy through May 2022; exact role dates unavailable: Fortescue Metals Group — Senior corporate affairs, investor relations and capital-management roles. Arafura Rare Earths Investor Presentation (Page 28; Fortescue tenure and responsibilities)

• Arafura describes prior senior CBA roles; exact dates and titles not disclosed: Commonwealth Bank of Australia — Senior roles. Arafura Rare Earths Investor Presentation (Page 28; CBA roles)

Education and qualifications

Postgraduate business and mineral-economics qualifications reported

By 2026-05-22 · issuer reported · low materiality

Arafura reports an MBA and a Master of Science in Mineral Economics. These credentials are issuer-reported and were not independently verified.

Attribution: Responsibility not applicable. Education is reported by the issuer; independent verification was not performed.

Relevance: Relevant to investor, financing and corporate-affairs work.

Arafura Rare Earths Investor Presentation (Page 28; qualifications)

Suitability for the current role

Capital-markets and corporate-affairs background is relevant; individual financing credit is not established

2022–2026 · analyst inference · medium materiality

Arafura describes Stonier's background in CBA senior roles, more than ten years at Fortescue, investor relations and corporate affairs, and responsibility for capital-management strategy through May 2022. Arafura's August 2025 financing update names her as a contact, not as the person who led or secured the financing. Her current corporate-affairs role is relevant, but no financing result is personally attributed in the reviewed sources.

Attribution: Responsibility not applicable. This is an analytical role-fit assessment; the issuer's financing achievements are not attributed to Stonier absent direct evidence.

Relevance: Relevant to corporate affairs, investor communications and funding coordination.

Arafura Rare Earths Investor Presentation (Page 28; career summary and qualifications); Update on Export Finance Australia support (Investor contact block; no personal financing attribution); Quarterly Activities Report and Appendix 5B for period ending 30 September 2026 (Page 2; current corporate-affairs role)

Evidence gaps

• Issuer biographies do not provide a complete role-by-role career chronology or exact Fortescue/CBA appointment dates.

• Qualifications and past capital-management responsibilities are issuer-reported, with no independent credential or transaction attribution review.

• The August 2025 export-finance update identifies Stonier as investor contact only; it does not establish her responsibility for financing outcomes.

• Logged adverse-record searches are limited and are not a clearance.