Australian Strategic Materials Limited

Career chronology

• COO from July 2021; CEO from 6 July 2022; MD from 6 March 2023; identified in FY2026 report and 28 August 2026 completion release: Australian Strategic Materials Limited — Managing Director and Chief Executive Officer; previously Chief Operating Officer. Annual Report 2022 (pp. 44-46, COO appointment 5 July 2021 and CEO appointment 6 July 2022); Annual Report 2023 (p. 59, Managing Director appointment 6 March 2023); Annual Financial Report 2026 (p. 2, directors up to report date; p. 3, annual operating statement); Energy Fuels completes acquisition of ASM (lines 8-11, CEO title at scheme completion)

• Before joining ASM in July 2021; South32 reports her as VP Supply from March 2015 and Chief Sustainability Officer from August 2017 in its 2018 annual report; ASM describes the prior roles but exact departure date is not disclosed: South32 Limited — Chief Sustainability Officer and Vice President Supply, Australia region. Annual Report 2023 (pp. 58-59, prior South32 CSO and VP Supply roles); Annual Report 2022 (p. 46, prior South32 CSO and VP Supply roles)

• Earlier career, before South32; issuer reports 14 years at BHP but does not date every position: BHP / Nickel West — Head of Resource Planning and Development; Manager Strategy and Acquisitions; General Manager, Kwinana Nickel Refinery; other marketing and operational leadership roles. Annual Report 2023 (p. 59 and p. 74, previous BHP/Nickel West positions); Annual Report 2022 (p. 46, 14 years with BHP and prior positions)

• Earlier career; exact role dates not disclosed: Rio Tinto — Operational leadership in aluminium smelting. Annual Report 2023 (p. 59 and p. 74, earlier Rio Tinto aluminium roles); Annual Report 2022 (p. 46, earlier Rio Tinto operational roles)

Education and qualifications

Bachelor of Commerce and AICD membership reported

Qualification dates not disclosed · issuer reported · low materiality

ASM reports that Smith holds a Bachelor of Commerce from the University of Western Australia and is a member of the Australian Institute of Company Directors. These particulars were not independently checked against university or professional-body records.

Attribution: Responsibility not applicable. Education and membership are reported by the issuer; no independent credential verification was located in the logged searches.

Relevance: Commerce education and director training are relevant to managing a listed resource company and its acquisition process.

Management Team (lines 11-13); Annual Report 2023 (p. 59, B.Com and MAICD)

Contributions and company outcomes

Korean Metals Plant commissioning and commercial ramp-up

2021-2026; FY2026 ended 30 June 2026 · issuer reported · high materiality

ASM's July 2022 appointment release says Smith had led the Dubbo team and overseen construction and commissioning of ASM's first Korean high-purity metals plant. The FY2026 report says KMP had been in commercial production since 2022 and dispatched about 116 tonnes of NdFeB alloy and 33 tonnes of NdPr metal in the year to 30 June 2026; it also records first commercial sales of terbium and dysprosium metals. The company reported a 99% increase in gross profit, alongside an overall loss that increased 12%. Smith's operational role is documented, but the later shipments and group-level financial results are not individually attributed to her.

Attribution: Role overlaps event; causation unproven. Smith's role in plant oversight is issuer-documented; production and profit outcomes are company-level disclosures and do not establish sole personal causation.

Relevance: Commissioning and commercial ramp-up are directly relevant to ASM's downstream metals strategy and a CEO's execution record.

Global mining executive Ms Rowena Smith appointed ASM CEO (lines 4-5); Annual Financial Report 2026 (p. 3, Korean Metals Plant, safety, dispatches and heavy rare earth sales; p. 4, financial review)

Energy Fuels scheme was approved and implemented

January-August 2026 · documented · medium materiality

During Smith's tenure as MD & CEO, ASM shareholders approved the scheme on 12 August 2026, the Federal Court approved it on 18 August, and it was implemented on 28 August. ASM was removed from the ASX official list on 31 August and became a wholly owned subsidiary of Energy Fuels. The sources establish completion and her executive overlap, but do not establish that she alone caused the transaction or quantify the realized value for each shareholder.

Attribution: Role overlaps event; causation unproven. The completed transaction overlapped with Smith's documented MD & CEO tenure; the evidence does not isolate her personal contribution to negotiation or execution.

Relevance: A completed sale and integration transition are material corporate outcomes for an executive leading the target company.

Federal Court of Australia approves Schemes (lines 1-16 and 36-71); Energy Fuels completes acquisition of ASM (lines 1-11); Annual Financial Report 2026 (p. 2, director transitions effective 28 August 2026)

Business failures and setbacks

Dubbo remained pre-construction after several years of CEO tenure

2021-2026; annual review covers 1 July 2024-30 June 2025 · documented · medium materiality

ASM's 2024-2025 Annual Review states construction had not commenced on site. Its FY2026 report describes continued options assessment and heap-leach pre-feasibility work. Smith was ASM COO from July 2021 and CEO from July 2022. This is a material project-delivery gap against the company's mine-to-metals strategy; the public evidence reviewed does not identify her as the sole cause, and no inference of misconduct is made.

Attribution: Role overlaps event; causation unproven. Smith's senior operating and CEO tenure overlapped with the delay. Project financing, engineering, market and permitting constraints are not resolved here, so personal causation is unestablished.

Relevance: Dubbo is ASM's cornerstone mine and the upstream source for its planned integrated rare-earths chain; non-delivery is material to an executive's execution record.

Dubbo Project 2024-2025 Annual Review (pp. 1-2, compliance statement and pre-construction status); Annual Financial Report 2026 (p. 3, Rare Earth Options Assessment and project pathway); Annual Report 2023 (p. 59, COO/CEO appointment chronology)

Industrial safety

ASM reported no reportable KMP safety incidents in FY2026

1 July 2025-30 June 2026 · issuer reported · low materiality

ASM's FY2026 Annual Financial Report states that no reportable safety incidents were recorded at the Korean Metals Plant during the year ended 30 June 2026 and reports a lost-time injury frequency rate of zero. This is an issuer-reported one-year site metric, not an independent audit of the full company safety record or Smith's personal safety performance.

Attribution: Role overlaps event; causation unproven. The site result overlapped with Smith's CEO tenure, but the report does not assign the safety outcome to her personally.

Relevance: Workplace safety oversight is relevant to an executive of a metals plant and development-stage mine.

Annual Financial Report 2026 (p. 3, Korean Metals Plant safety section)

Environmental record

Dubbo compliance report and regulator portal show no recorded project enforcement

FY2025 review period; NSW portal checked 9 October 2026 · documented · low materiality

ASM's authorized 2024-2025 Annual Review says the project complied with its State Significant Development consent and mining lease, with no non-compliances listed, while noting construction had not commenced. The NSW planning portal displayed no enforcements for the project and says its enforcement list covers departmental actions from March 2020. These records bound the conclusion to the named project, period and regulators; they do not establish an absence of all environmental concerns or events across ASM's Korean operations and other jurisdictions.

Attribution: Role overlaps event; causation unproven. Smith's ASM COO/CEO tenure overlapped with the project reporting. The annual review is issuer-certified; the regulator portal is a limited independent enforcement check. Neither establishes her personal causation.

Relevance: Environmental compliance and community impacts are material to the planned Dubbo development.

Dubbo Project 2024-2025 Annual Review (pp. 1-2, statement of compliance and non-compliances); Dubbo Project (formerly known as the Dubbo Zirconia Mine) (lines 83-92, enforcements scope and current display)

Litigation and enforcement

Court noted incomplete early descriptions of scheme conditions, later remedied by booklet disclosure

January-May 2026; schemes approved and implemented August 2026 · documented · medium materiality

In the first court hearing for the Energy Fuels schemes, the Federal Court recorded that some Smith media answers in January and March 2026 identified conditions precedent but did not mention court approval. The Court accepted ASM's submission that the fuller scheme booklet remedied any resulting misapprehension, while leaving the question of whether extra-booklet communications compromised meeting integrity for the later approval hearing. The schemes were subsequently approved by the Court on 18 August 2026 and implemented on 28 August. The judgment does not find that Smith committed fraud or personal misconduct; the incomplete descriptions and their correction are retained as a limited governance/disclosure issue.

Attribution: Individual involvement documented. The judgment attributes the cited media answers to Smith and records the procedural response. It does not find that she intended to mislead or that a legal breach occurred; subsequent scheme approval and implementation resolved the transaction's status, not every possible interpretation of the interviews.

Relevance: Accurate transaction communication is relevant to a CEO's governance and shareholder responsibilities.

Australian Strategic Materials Limited, in the matter of Australian Strategic Materials Limited [2026] FCA 616 (paras. 49-52); Federal Court of Australia approves Schemes (lines 11-16, court approval on 18 August 2026); Energy Fuels completes acquisition of ASM (lines 1-5, implementation and delisting)

Governance and interests

ASM added risk detail after an ASIC request

November 2022 · documented · low materiality

ASIC contacted ASM requesting additional clarification of material risks in the FY2022 Annual Report; after discussions, ASM issued an addendum. Smith was CEO and named as an investor contact in the release, but the release does not say she authored the original report, identify an ASIC enforcement action, or find personal wrongdoing. The disclosure update is a company-level governance item with role overlap only.

Attribution: Role overlaps event; causation unproven. ASM issued the addendum after ASIC correspondence; no individual responsibility is established.

Relevance: Relevant to a CEO’s disclosure-control oversight; the source describes clarification, not a personal finding.

2022 Annual Financial Report addendum (pp. 1-2, lines 8-25)

Suitability for the current role

Long mining, operations, commercial and ESG leadership background

Earlier career through 2026 · analyst inference · medium materiality

Issuer biographies report almost or over 30 years across mining and minerals processing, with prior leadership in strategy, operations and commercial roles, South32 supply and sustainability responsibilities, BHP Nickel West and Rio Tinto aluminium. ASM stated that she led the Dubbo project team and oversaw construction and commissioning of the Korean Metals Plant while COO. This background is relevant to a mining-to-metals executive role; most chronology is issuer-reported and the profile does not establish independent performance attribution across prior employers.

Attribution: Responsibility not applicable. The assessment concerns role relevance inferred from the documented roles; it does not assign causation for employer outcomes.

Relevance: Mining operations, metals processing, supply and ESG experience align with ASM's operating KMP and development-stage Dubbo project.

Global mining executive Ms Rowena Smith appointed ASM CEO (lines 4-5 and 21-22); Annual Report 2023 (p. 59, career and appointment summary)

Evidence gaps

• The selected v6 company.json has no executive_roster or roster date. The current ASM management webpage is undated and still labels Smith CEO after the acquisition; the acquirer’s 28 August release calls her former CEO. No post-close appointment or employer role was located.

• Prior-company role dates and her B.Com/AICD credentials were reported by ASM and were not independently verified in this review.

• The 18.7 MB scheme booklet could not be rendered by the web source reader. The review therefore uses the Federal Court judgment and dated approval/completion records; the court’s observations and the later correction are retained.

• The scoped public web searches are not exhaustive criminal, sanctions, litigation, regulator or credential checks.

Career chronology

• 22 January 2024 to current per undated ASM management page; post-acquisition continuity unconfirmed: Australian Strategic Materials — Chief Financial Officer. Chief Financial Officer commencement (lines 3-8); Management Team (lines 18-21)

• Before ASM appointment; dates not stated: Noble Group — Senior finance/commodities-trading role; exact title and dates not stated. Management Team (lines 20-21); ASM appoints Stephen Motteram as CFO (appointment announcement)

• Before ASM appointment; dates not stated: National Australia Bank — Finance/banking role; exact title and dates not stated. Management Team (lines 20-21); ASM appoints Stephen Motteram as CFO (appointment announcement)

• Prior/unspecified periods: Listed and unlisted natural-resources companies — Non-executive director positions; names not disclosed in the ASM biography. Management Team (lines 20-27)

Education and qualifications

CPA, AICD, MBA and BSc (Hons) reported

Undated · issuer reported · medium materiality

ASM reports CPA membership, AICD graduation, an MBA from Melbourne Business School and BSc (Hons) from the University of Melbourne. No award dates or independent credential verification were located.

Attribution: Responsibility not applicable. Credentials are reported by the issuer.

Relevance: Finance and governance credentials are relevant to the CFO role.

Management Team (lines 22-27); ASM appoints Stephen Motteram as CFO (appointment announcement)

Contributions and company outcomes

ASM completed an approximately A$16.6m placement and rights issue during his CFO tenure

June 2024 quarter · issuer reported · medium materiality

ASM’s June 2024 quarterly report says the company completed a placement and rights issue raising approximately A$16.6m. Motteram’s CFO commencement was 22 January 2024 after ASM corrected the original 29 January date. The sources establish role overlap, not his individual contribution or the terms’ long-run value.

Attribution: Role overlaps event; causation unproven. He was CFO during the capital raise; no specific individual role in execution or allocation is documented in the sources reviewed.

Relevance: Relevant to the finance and funding capability needed for Dubbo; the raise did not itself fund construction or establish project FID.

Quarterly Activities Report to 30 June 2024 (quarterly highlights, capital raising); Chief Financial Officer commencement (lines 3-8)

Suitability for the current role

Finance experience matches a project-finance and capital-raising remit

Before and during ASM CFO tenure · analyst inference · medium materiality

ASM reports more than 20 years in international banks and commodities trading firms, including Noble Group and National Australia Bank, with project development, capital raising, financial control, investment analysis, M&A and treasury experience. This is issuer-reported biography; exact prior role dates and third-party corroboration were not located.

Attribution: Responsibility not applicable. Career summary is published by ASM; prior role dates are not supplied.

Relevance: Experience is relevant to funding a capital-intensive project and financial controls.

Management Team (lines 18-21); ASM appoints Stephen Motteram as CFO (appointment announcement)

Evidence gaps

• The issuer page is undated and still lists Motteram as CFO after the acquisition; no dated evidence confirming his role in Energy Fuels/ASM after 28 August 2026 was located.

• The names, dates and scope of his prior natural-resources directorships are not given on the issuer profile.

• No independent verification of prior employment or reported CPA, AICD, MBA or BSc credentials was completed.

• Open web searches are not exhaustive criminal, sanctions, litigation or regulator checks.

Career chronology

• 30 January 2023 to current per undated ASM management page; post-acquisition continuity unconfirmed: Australian Strategic Materials — General Counsel and Joint Company Secretary; current page title Chief Legal & External Affairs Officer. Annual Report 2023 (p. 74, appointment date); Management Team (lines 31-35)

• Immediately before ASM appointment; dates not stated: BHP — Managing Counsel; area and dates not fully specified by ASM. Management Team (line 35); Annual Report 2023 (p. 74)

• Before BHP/ASM; dates not stated: Other mining companies — Legal roles, employers/titles not specified. Management Team (line 35); Annual Report 2023 (p. 74)

Education and qualifications

Law degree reported

Undated · issuer reported · medium materiality

ASM reports an LLB from the University of Notre Dame Australia; award date and independent verification were not located.

Attribution: Responsibility not applicable. Education is reported by ASM.

Relevance: Relevant to her General Counsel role.

Management Team (lines 36-38)

Contributions and company outcomes

Signed the amended scheme implementation deed in company-secretary capacity

March–August 2026 · documented · medium materiality

A 2026 SEC-filed amended and restated Scheme Implementation Deed has Eames’s signature for ASM as Company Secretary/Director. The schemes later received court approval and were implemented. The signature documents execution in her formal corporate capacity; it does not establish the extent of her legal advice or responsibility for the transaction’s broader outcome.

Attribution: Individual involvement documented. The filing directly records her execution of the deed in her Company Secretary/Director capacity; it does not allocate substantive legal advice or transaction causation.

Relevance: Relevant to legal/transaction execution, while the separate court disclosure observation concerns Smith’s early media answers and does not name Eames.

Energy Fuels Inc. Exhibit 10.1 – Amended and Restated Scheme Implementation Deed (signing page, lines 137-155); Federal Court of Australia approves Schemes (lines 1-16 and 36-71); Energy Fuels completes acquisition of ASM (lines 1-11)

Represented ASM at a project community meeting during KMP and funding discussions

July 2023 · documented · low materiality

The July 2023 Dubbo Project Community Consultative Committee report lists Eames as an attendee and records her updates about KMP sales/offtake, project funding and ESG. These are company statements recorded in meeting minutes, not proof she personally delivered those outcomes.

Attribution: Individual involvement documented. Minutes record her attendance and statements; operational results are company-level.

Relevance: Shows stakeholder and external-affairs work relevant to the current title.

Dubbo Project Community Consultative Committee Meeting Report – 13 July 2023 (pp. 1-4, lines 10-16 and 81-111)

Suitability for the current role

Legal, contracting and governance background aligns with project and corporate work

Before and during ASM tenure · analyst inference · medium materiality

ASM reports more than 15 years of legal, commercial, strategic and governance experience, including large-project contracting, corporate, finance and IP law, and says she was Managing Counsel with BHP before joining. This is issuer-reported.

Attribution: Responsibility not applicable. ASM describes her prior role; it does not quantify project outcomes attributable to her.

Relevance: Relevant to complex project contracting, funding, transaction and company-secretarial requirements.

Management Team (lines 31-35); Annual Report 2023 (p. 74)

Evidence gaps

• The current page is undated; it does not confirm Eames’s role after ASM’s acquisition on 28 August 2026.

• Only the degree name is published; no award date or independent credential verification was located.

• Specific BHP and other prior-employer titles and dates are not supplied.

• The public sources reviewed establish transaction-document execution but not the extent of her legal advice, transaction work or responsibility for the court-recorded communication issue.

• Open web searches are not exhaustive criminal, sanctions, litigation or regulator checks.

Career chronology

• Technical Manager from 2020; interim VP Operations Australia from 9 November 2025; current page continues title, post-acquisition status unconfirmed: Australian Strategic Materials — Technical Manager, then General Manager – Technical, then interim VP Operations Australia. Management Team (lines 43-46); Management changes (lines 16-29)

• More than 30 years, per issuer biography; detailed chronology not supplied: Mining/minerals processing projects — Senior technical and operational leadership across Australia, Asia, Africa, Middle East and Europe; employers/individual roles not specified. Management Team (lines 45-46)

Business failures and setbacks

Dubbo remained in study/pre-construction work during his technical and interim operations tenure

2020–FY2026 · issuer reported · medium materiality

ASM’s FY2026 Annual Report describes the Dubbo pathway through a Heap Leach Option assessment and ongoing pre-feasibility work; the signed 2024–25 annual review identifies pre-construction status. Dicinoski joined ASM in 2020 as Technical Manager and was appointed interim VP Operations Australia in November 2025. The sources do not establish his personal responsibility for delays or funding decisions.

Attribution: Role overlaps event; causation unproven. Technical/operations roles overlapped with project studies, but decision-making authority or individual causation is not established.

Relevance: Material to execution track record for a senior Australian operations role.

Annual Financial Report 2026 (p. 3, Dubbo project pathway); Dubbo Project 2024-2025 Annual Review (pp. 1-2, pre-construction compliance/reporting status); Management Team (lines 43-46); Management changes (lines 27-29)

Environmental record

Dubbo annual review reports scoped consent and mining-lease compliance

1 July 2024–30 June 2025; portal scope since March 2020 · issuer reported · low materiality

ASM’s signed 2024–25 annual review reports compliance and no non-compliances for its stated project reporting period; the NSW planning portal displays no project enforcement since March 2020. Dicinoski held technical/operations roles during portions of this period, but the evidence does not identify him as the signatory or assign personal environmental responsibility.

Attribution: Role overlaps event; causation unproven. Site-level compliance is company reporting; the signatory and regulator record do not establish Dicinoski’s personal conduct.

Relevance: Relevant to an Australian operations role; evidence is scoped and not independent of the issuer except the portal.

Dubbo Project 2024-2025 Annual Review (pp. 1-2, signed compliance statement); Dubbo Project (formerly known as the Dubbo Zirconia Mine) (lines 83-92, enforcement scope)

Suitability for the current role

Technical and operational project experience aligns with Australian project oversight

2020 to cutoff, per issuer; VP role from Nov 2025 · analyst inference · medium materiality

ASM reports over 30 years delivering mining, mineral-processing and critical-material projects and an ASM progression from Technical Manager in 2020 to GM Technical and VP Australian Operations. The 2025 release assigns the interim VP Australia role the Dubbo Project and Toongi Pastoral Company. Detailed project-specific outcomes and credentials were not independently checked.

Attribution: Responsibility not applicable. The issuer establishes titles and general experience; it does not provide independent project attribution.

Relevance: Relevant to oversight of Dubbo development and operational readiness.

Management Team (lines 43-50); Management changes (lines 16-29)

Evidence gaps

• The undated ASM webpage lists Dicinoski as current after the acquisition, but no dated record confirms his position in Energy Fuels/ASM after 28 August 2026.

• The company has not published his detailed previous-employer chronology or project-by-project outcomes.

• His 2020 ASM start is stated by the issuer without a precise day; the VP interim date is tied to the November 2025 management restructure.

• Open web searches are not exhaustive criminal, sanctions, litigation, regulator or credential checks.

Career chronology

• Since December 2022 per the current undated issuer page; identity/name continuity with 2023 Agata Krupa record unresolved: Australian Strategic Materials — Vice President Risk & Corporate Services. Management Team (lines 54-58); Sustainalytics ESG Risk Rating reflects continued progress at ASM (lines 7-10)

• More than four years before joining ASM; exact dates not stated: South32 — Global General Manager – Risk & Compliance. Management Team (line 58)

• Before ASM; dates not stated: BHP and Bankwest — Leadership positions; exact roles and dates not specified. Management Team (line 58)

• Earlier career: UK banking sector — Earlier banking-sector roles; employers and dates not stated. Management Team (line 58)

Contributions and company outcomes

ASM’s reported Sustainalytics risk rating improved from High to Medium

2023–2025 · issuer reported · medium materiality

ASM reports a Sustainalytics score of 25.6 Medium Risk in 2025, compared with 27.7 Medium in 2024 and 32.6 High in 2023, and states that it ranked in the subindustry top 8%. Carrabs is quoted as VP Risk & Corporate Services on the broader ESG-management work. The page does not quantify her individual contribution or independently reproduce the rating methodology.

Attribution: Role overlaps event; causation unproven. Carrabs held the risk role and commented on the rating, but ASM’s company score cannot be attributed to her individually.

Relevance: Relevant to a risk and corporate-services remit.

Sustainalytics ESG Risk Rating reflects continued progress at ASM (lines 2-10); Management Team (lines 54-58)

Governance and interests

Issuer records use different surnames for ASM’s VP Risk role

2023–2024 records · documented · medium materiality

ASM’s 2023 Annual Report and July 2023 project committee report identify “Agata Krupa” as VP Risk & Corporate Services, while the 17 April 2024 presentation and current management page identify “Agata Carrabs.” No official record located in this review links the names or explains the change. Earlier actions are not assigned to Carrabs solely on role/title similarity.

Attribution: Responsibility unresolved. Primary issuer records conflict on the surname for the same role; identity continuity is unresolved.

Relevance: Identity uncertainty limits confidence in chronology and outcome attribution.

Annual Report 2023 (pp. 16-17, executive biography); Dubbo Project Community Consultative Committee Meeting Report – 13 July 2023 (p. 2, lines 55-61); Offer Presentation (p. 8); Management Team (lines 54-58)

Suitability for the current role

Risk-management and corporate-services background is relevant to ASM’s remit

Before and during ASM role · analyst inference · medium materiality

ASM reports more than 20 years in enterprise-wide risk and corporate services, including more than four years as South32’s Global GM Risk & Compliance and earlier roles at BHP, Bankwest and in UK banking. This profile is issuer-reported and has an unresolved surname discrepancy in 2023 records for the same ASM title.

Attribution: Responsibility not applicable. Career and appointment summary comes from the current ASM page; chronology is not independently corroborated.

Relevance: Risk, compliance and corporate-services work is relevant to the VP role.

Management Team (lines 54-58); Offer Presentation (p. 8)

Evidence gaps

• No issuer source found linking the 2023 “Agata Krupa” record to Agata Carrabs or explaining the surname change; earlier record events are not attributed to Carrabs.

• The current page is undated and post-acquisition continuity is unconfirmed.

• ASM’s current page gives no education or professional-membership details for Carrabs; independent credential checks were not performed.

• Exact dates/roles at BHP, Bankwest and earlier banking employment are not published in sources reviewed.

• Open web searches are not exhaustive criminal, sanctions, litigation or regulator checks.

Career chronology

• VP Sales & Marketing shown in April 2024 investor presentation; interim VP Operations Metals from 9 November 2025; current page lists both, post-acquisition continuation unconfirmed: Australian Strategic Materials — VP Sales & Marketing; interim VP Operations Metals. Offer Presentation (p. 8); Management changes (lines 19-26); Management Team (lines 61-64)

• Appointed 15 July 2021; confirmed in 30 September 2024 annual report as a director through the report date; exit date not located: Walkabout Resources Limited — Non-Executive Director. Walkabout Resources Ltd Annual Report for year ended 30 June 2024 (pp. 3-4, directors and date); Walkabout Resources Ltd Annual Report for year ended 30 June 2024 (p. 6, directors through report date)

• Before ASM; exact dates not stated: South32 — Chief Commercial Officer and Chief Marketing Officer. Management Team (line 64); Walkabout Resources Ltd Annual Report for year ended 30 June 2024 (p. 4, lines 123-134)

• Earlier mining and metals career; dates not stated: BHP, Rio Tinto and Rusal — Senior roles at BHP and marketing roles at Rio Tinto and Rusal; exact roles/dates not stated. Management Team (lines 64-68); Walkabout Resources Ltd Annual Report for year ended 30 June 2024 (p. 4, lines 123-142)

• Dates not stated: International Aluminium Institute and International Nickel Institute — Director. Management Team (line 64); Walkabout Resources Ltd Annual Report for year ended 30 June 2024 (pp. 4-5, lines 141-143)

Education and qualifications

Commerce and law degrees and AICD membership reported

Undated · issuer reported · medium materiality

ASM reports B.Com and LLB from the University of Queensland and AICD membership. The Walkabout 2024 annual report independently repeats the degree and institute membership. Award dates were not located.

Attribution: Responsibility not applicable. Credentials are reported in issuer records; no direct university or membership-register verification was completed.

Relevance: Relevant to commercial leadership and board governance.

Management Team (lines 65-69); Walkabout Resources Ltd Annual Report for year ended 30 June 2024 (p. 4, lines 135-142)

Contributions and company outcomes

Korean Metals Plant operating and shipment growth overlapped his interim metals remit

November 2025–August 2026 · issuer reported · medium materiality

The 2025 restructure placed KMP under Finnimore’s interim Operations Metals remit. ASM’s FY2026 report and acquirer close release describe commercial metal/alloy output and KMP capacity. These are company results; sources do not identify Finnimore’s individual decisions or contribution.

Attribution: Role overlaps event; causation unproven. His interim remit overlapped the plant results, but operational causation is not documented.

Relevance: Relevant to current metals operations and sales role.

Management changes (lines 19-26); Annual Financial Report 2026 (p. 3, KMP output); Energy Fuels Completes Acquisition of Australian Strategic Materials (lines 66-70)

Business failures and setbacks

Walkabout entered voluntary administration after his last located director confirmation

FY2024 to 13 November 2024 · documented · medium materiality

Walkabout’s 30 September 2024 annual report lists Finnimore as a director through the report date and reports an FY2024 net loss of A$8.53m, up from A$4.47m. ASX Settlement records administrators appointed on 13 November 2024. No dated resignation before the appointment or direct role in the insolvency was located, so overlap on 13 November and personal responsibility remain unresolved.

Attribution: Responsibility unresolved. The company entered administration; Finnimore was a director at least through 30 September, but his exact status on 13 November and involvement in the distress are unverified.

Relevance: Relevant to governance and capital-allocation track record, with attribution limits.

Walkabout Resources Ltd Annual Report for year ended 30 June 2024 (pp. 3-4 and p. 6, director through report date and FY2024 loss); Walkabout Resources Ltd – Suspension of Approval (Voluntary Administrator Appointed) (lines 65-80)

Governance and interests

A$400,000 of Walkabout shortfall shares were issued to him without shareholder approval

November 2022 · documented · high materiality

Walkabout disclosed that 3,636,364 shares at A$0.11, worth A$400,000, were inadvertently issued to Finnimore while he was a director, without the approval required by ASX Listing Rule 10.11. The company said an administrative oversight in applying the shortfall policy caused the breach and took full responsibility. On 30 November, Walkabout said all shares had been transferred to unrelated parties at the issue price, ASX accepted that remedy, and the company reviewed its controls/training. The releases do not state Finnimore knew of, directed or intentionally caused the breach, and no personal sanction is reported.

Attribution: Role overlaps event; causation unproven. Walkabout directly names Finnimore as the director/recipient; it expressly accepts company responsibility for the administrative failure and does not assign personal intent or control failure to him.

Relevance: Material to capital-allocation and related-party governance diligence for a senior mining executive.

Shares Issued in Breach of Listing Rule 10.11 (lines 1-15); Unintentional Breach of Listing Rule 10.11 and Remedial Action (lines 3-31)

Suitability for the current role

Commercial and metals-marketing experience matches sales and operations oversight

Before and during ASM tenure · analyst inference · medium materiality

ASM and Walkabout report more than 30 years of mining/metals experience, South32 CCO/CMO work and senior roles at BHP, with marketing roles at Rio Tinto and Rusal. The 2025 restructure assigned him interim oversight of the Korean Metals Plant, R&D and US metals-plant expansion while he retained Sales & Marketing. Biographical details are issuer-reported.

Attribution: Responsibility not applicable. Prior role chronology and performance are not independently verified.

Relevance: Relevant to product commercialization and metals operations.

Management Team (lines 61-69); Management changes (lines 19-26); Walkabout Resources Ltd Annual Report for year ended 30 June 2024 (pp. 3-4)

Evidence gaps

• The ASM page still lists Finnimore in two roles after acquisition, but no dated evidence confirming his role in Energy Fuels/ASM after 28 August 2026 was located.

• Walkabout’s last dated evidence locating him as director is its 30 September 2024 report; whether he remained a director when administrators were appointed on 13 November 2024 is unresolved.

• The Walkabout releases do not say he knew of or caused the share allocation breach; company responsibility and the accepted transfer remedy are explicit.

• Exact dates and titles for his historical BHP, Rio Tinto, Rusal and South32 roles are not fully documented in sources reviewed.

• No direct credential verification or exhaustive criminal, sanctions, litigation, regulator or safety checks were performed.