Brockman Mining Limited

Career chronology

• Current at roster date 2026-09-26: Brockman Mining Limited — Executive Director. Brockman Mining Annual Report 2026 (Executive roster / management listing; Kwai Kwun, Lawrence — Executive Director)

• March 2014 to current at 2026-09-16: Brockman Mining Limited — Executive Director; Executive Committee member. Brockman Mining Annual Report 2026 (Directors and Management, pp. 22–23)

• Issuer profile gives subject areas but does not identify individual post titles or dates: Ocean Line / port and shipping investments — Investment experience in shipping, port operations, shipbuilding, mining and finance. Brockman Mining Annual Report 2026 (Directors and Management, p. 22)

Education and qualifications

Harvard mathematics degree reported

By 2026-09-16 · issuer reported · low materiality

The issuer’s 2026 annual report states Kwai graduated from Harvard University with a Bachelor of Mathematics. No direct verification from the university was performed.

Attribution: Responsibility not applicable. The qualification is issuer-reported and not independently confirmed.

Relevance: Relevant to disclosed investment and finance experience, but not a substitute for mining-project delivery evidence.

Brockman Mining Annual Report 2026 (Directors and Management, p. 22)

Business failures and setbacks

Core iron-ore projects remain pre-production after prolonged delay

2014-03 to 2026-06-30 · issuer reported · medium materiality

At 30 June 2026 Brockman reported no revenue, a HK$28.8m continuing-operations loss, HK$3.9m cash, operating outflows and going-concern uncertainty. Its 50%-owned Marillana project had no infrastructure FID, pending corridor approvals, environmental/heritage renewals and mining approval; the company says the delay was longer than expected. Lawrence has been an executive director and investment committee member during most of this period. This documents an unresolved company-level delivery and funding setback, not personal causation.

Attribution: Role overlaps event; causation unproven. Board and Executive Committee oversight overlap; no evidence identifies Lawrence as the sole decision-maker or links him personally to the delay.

Relevance: Relevant to executive investment oversight and capital allocation in a development-stage miner.

Brockman Mining Annual Report 2026 (Financial Review pp. 4–5; Marillana FID and infrastructure, pp. 7–8; Going concern note); Brockman Mining Corporate Governance (Executive Committee membership)

Governance and interests

Executive director is the chair’s son at a controlled company

Current at 2026-09-16 · issuer reported · medium materiality

The issuer identifies Lawrence as the chair’s son and a member of the Executive Committee. It reports chair Kwai Sze Hoi as a substantial shareholder through Ocean Line and describes him as not independent; the board states it considers his commercial experience more valuable to this stage than independence. The 2026 report also states three of seven directors were independent and discloses substantial related-party loans. The relationship and concentration are governance context; the report identifies no finding that Lawrence breached a duty.

Attribution: Role overlaps event; causation unproven. The published family and control relationship is direct; no personal misconduct is alleged. Board-level checks are relevant to any executive director serving under a controlling chair.

Relevance: Raises a structural independence and succession question relevant to the executive-director role.

Brockman Mining Annual Report 2026 (Directors and Management, p. 22; Governance Report, board composition and related-party sections)

Suitability for the current role

Role fit remains only partly evidenced

Current appointment through 2026-10-09 · analyst inference · low materiality

Brockman’s 2026 annual report describes Lawrence Kwai’s experience in international shipping, port operations, shipbuilding, mining and finance, and membership on its Executive Committee since joining in March 2014. It identifies a Harvard Bachelor of Mathematics. The same report identifies him as the son of chair Kwai Sze Hoi, who is a substantial shareholder; this is a material governance context, not evidence of misconduct. His disclosed remit is investment oversight, not operating delivery, and the company’s long-delayed iron-ore projects remain unbuilt.

Attribution: Responsibility not applicable. This is an analytical role-fit assessment; it does not allege responsibility for outcomes.

Relevance: Relevant to current Executive Director duties at Brockman Mining Limited.

Brockman Mining Annual Report 2026 (Directors and Management, p. 22; Governance Report, pp. 5–6)

Evidence gaps

• No exhaustive individual criminal, sanctions, litigation, safety, environmental or regulatory record search was performed; logged open-web checks are limited and are not a clearance.

• Exact dates and full duties at prior employers are not available in the cited issuer biographies; missing dates are left unknown.

• Company outcome findings are role-overlap evidence unless a source identifies the person’s actions. No exhaustive criminal, sanctions, court, professional-register or individual regulator search was performed.

• The issuer’s environmental and safety data are self-reported; exploration-stage activity and a lack of reported incidents do not establish independently audited performance.

Career chronology

• Current at roster date 2026-09-26: Brockman Mining Limited — Executive Director, Chief Executive Officer of Australian Operations. Brockman Mining Annual Report 2026 (Executive roster / management listing; Colin Paterson — Executive Director, Chief Executive Officer of Australian Operations)

• Earlier career; dates not disclosed: Asarco Australia Ltd — Principal Geologist. Brockman Mining Annual Report 2026 (Directors and Management, p. 23)

• Earlier career; dates not disclosed: Mining Project Investors Pty Ltd / MPI Mines Limited — Principal Geologist. Brockman Mining Annual Report 2026 (Directors and Management, p. 23)

• Founding role pre-acquisition; CEO Australia from at least 2015; current at 2026-09-16: Brockman Resources Limited / Brockman Mining Australia Pty Ltd — Founding executive director; later CEO of Australian Operations. Brockman Mining Annual Report 2026 (Directors and Management, p. 23; Marillana project history)

Education and qualifications

Geology degree reported in prior company records

By 2008 · issuer reported · low materiality

A Brockman issuer profile and prior ASX-target statement report Paterson held a geology bachelor’s degree, with the 2008 Brockman target statement specifying BSc (Hons). The 2026 annual report repeats his geology background but not the degree. No awarding-institution verification was completed.

Attribution: Responsibility not applicable. The degree is issuer-reported in historical corporate filings; no direct university confirmation was reviewed.

Relevance: Relevant to resource development and geological project oversight.

Brockman Mining Annual Report 2026 (Directors and Management, p. 23); Brockman Mining Annual Report 2026 (prior career source claim: BSc (Hons), not repeated in 2026 annual report)

Business failures and setbacks

Marillana has not reached investment decision or construction

2015-02 to 2026-06-30 · issuer reported · high materiality

The 2026 annual report says studies and engineering for Marillana are complete, but FID remains conditional on renewed heritage and environmental approvals, a mining proposal approval and HanMin infrastructure FID; infrastructure construction would then take an estimated 26 months. The group disclosed no FY26 revenue, an HK$28.8m loss, low cash and material going-concern funding uncertainty. Paterson has led Australian operations since 2015 and chairs the Risk Management Committee; he joined the health, safety, environment and sustainability committee in November 2025. This is direct role overlap with a long-standing delivery delay, not a finding that he caused it.

Attribution: Role overlaps event; causation unproven. Paterson’s operational and risk oversight responsibilities overlap with project advancement; the key infrastructure solution and approvals are allocated in the JV to MinRes/HanMin and authorities. No individual causal finding is made.

Relevance: Highly relevant to a current Australian operations CEO and risk-committee chair.

Brockman Mining Annual Report 2026 (Marillana FID, pp. 7–8; Financial Review, pp. 4–5; governance committee table)

Litigation and enforcement

Brockman secured a rail-access ruling after an appeal

2014-2016 · documented · low materiality

Brockman Iron's rail-access proposal for Marillana was upheld by the WA Supreme Court in 2014. The WA Court of Appeal dismissed TPI's appeal on all grounds in February 2016; the High Court refused special leave on 2 September 2016, leaving no further appeal. Colin Paterson was an Australian operations executive and public spokesperson during the dispute. This is a documented company legal outcome and role overlap, not evidence that he alone drove the case or its result.

Attribution: Role overlaps event; causation unproven. Paterson publicly commented on the corporate ruling; no source establishes he controlled legal strategy.

Relevance: Relevant to infrastructure negotiations and Australian project execution.

FMG ordered to open up Pilbara rail access for Brockman Mining (ABC News, WA Court of Appeal result and Paterson’s comment); High Court Bulletin: Special leave refused, Pilbara Infrastructure Pty Ltd v Brockman Iron Pty Ltd (Official High Court Bulletin, p. 34; TPI v Brockman Iron [2016] WASCA 36 special-leave application rejected 2 September 2016.)

Takeovers Panel declined Brockman Resources’ takeover complaint

2011 · documented · low materiality

In 2011, Brockman Resources applied to the Takeovers Panel over alleged undisclosed associations and related takeover issues during Wah Nam’s bid. The Panel declined to declare unacceptable circumstances because it could not draw the alleged associations from the available evidence; it noted some matters warranted further consideration and invited ASIC to consider the material. Colin Paterson was a founding executive at Brockman Resources, but the decision does not identify him as involved in the disputed share dealings or make any personal finding against him. This is historical company-level legal context, not a finding of misconduct by Paterson.

Attribution: Role overlaps event; causation unproven. The Panel decision concerns Brockman Resources and external shareholders; it does not attribute any challenged conduct to Paterson.

Relevance: Provides historical governance and legal context for an earlier executive tenure; it is remote from current operations and resolved without a declaration.

Brockman Resources Limited [2011] ATP 3 (Reasons, paragraphs 17–21, 34, 141–145; decision dated 31 January 2011 and reasons published 11 February 2011.)

Suitability for the current role

Role fit remains only partly evidenced

Current appointment through 2026-10-09 · analyst inference · low materiality

Paterson has 30+ years of geology and resource-development experience, including principal-geologist roles at Asarco Australia and MPI Mines, founding Brockman Resources executive director and CEO of Australian Operations at the wholly owned Australian subsidiary. The 2026 annual report says the studies are complete, but FID awaits renewed approvals and infrastructure FID; the project has yet to enter construction or production. This is relevant to delivery in his remit. The record establishes role overlap, not that Paterson personally caused the delays.

Attribution: Responsibility not applicable. This is an analytical role-fit assessment; it does not allege responsibility for outcomes.

Relevance: Relevant to current Executive Director, Chief Executive Officer of Australian Operations duties at Brockman Mining Limited.

Brockman Mining Annual Report 2026 (Directors and Management, p. 23; Marillana FID, pp. 7–8)

Evidence gaps

• No exhaustive individual criminal, sanctions, litigation, safety, environmental or regulatory record search was performed; logged open-web checks are limited and are not a clearance.

• Exact dates and full duties at prior employers are not available in the cited issuer biographies; missing dates are left unknown.

• Company outcome findings are role-overlap evidence unless a source identifies the person’s actions. No exhaustive criminal, sanctions, court, professional-register or individual regulator search was performed.

• The issuer’s environmental and safety data are self-reported; exploration-stage activity and a lack of reported incidents do not establish independently audited performance.

Career chronology

• Current at roster date 2026-09-26: Brockman Mining Limited — Executive Director, Company Secretary. Brockman Mining Annual Report 2026 (Executive roster / management listing; Chan Kam Kwan, Jason — Executive Director, Company Secretary)

• January 2008 to current at 2026-09-16: Brockman Mining Limited — Executive Director, Company Secretary and Executive Committee member. Brockman Mining Annual Report 2026 (Directors and Management p. 22; Company Secretary, p. 28)

• Joined the group in 2006; executive director from 26 April 2024 and both roles current at 31 December 2025: Concord New Energy Group Limited — Executive Director (appointed 26 April 2024); Company Secretary (appointment date not disclosed). Concord New Energy Group Limited Annual Report 2025 (Biographical Details, p. 18; report states joined Group in 2006 and became executive director in April 2024.)

Education and qualifications

Commerce degree and Washington CPA certificate reported

By 2026-09-16 · issuer reported · low materiality

Brockman’s 2026 annual report states Chan holds a Bachelor of Commerce from the University of British Columbia and a CPA certificate issued by Washington State Board of Accountancy. The report says he completed at least 15 hours of professional training in FY26. No direct university or board-register verification was performed.

Attribution: Responsibility not applicable. The qualifications and annual training are issuer-reported; no independent credential or active-licence status check was completed.

Relevance: Relevant to financial reporting, company-secretary and executive-director responsibilities.

Brockman Mining Annual Report 2026 (Directors and Management, p. 22; Company Secretary, p. 28); Concord New Energy Group Limited Annual Report 2025 (Biographical Details, p. 18; Bachelor’s degree in Business and Washington State CPA certificate.)

Contributions and company outcomes

CNE advanced projects as earnings declined during concurrent tenure

FY2025 and six months ended 2026-06-30 · issuer reported · low materiality

During Chan’s concurrent CNE executive-director tenure, CNE reported FY2025 continuing-operations revenue of RMB2.544bn, down 7.6%, and profit attributable to shareholders of RMB139.72m, down 82.6% from FY2024. For H1 2026, the issuer reported revenue down 10.2% year on year and attributable profit of RMB101m, while operating cash flow rose approximately 25.5% and solar projects in Singapore and New Zealand were commissioned. CNE attributed the weaker profit to curtailment, weaker resources, lower tariffs/electricity prices and other stated market factors. The issuer records the outcomes but does not link them to Chan’s individual decisions; they are role-overlap context from a concurrent company in another sector.

Attribution: Role overlaps event; causation unproven. Chan was CNE executive director from 26 April 2024; company results and the stated market drivers are issuer-reported, with no personal causal attribution established.

Relevance: Adds contemporaneous evidence for a concurrent board role, but is a different sector and does not demonstrate his individual performance at Brockman.

Concord New Energy Group Limited Annual Report 2025 (Management Discussion and Analysis, p. 8; consolidated statements, pp. 53–55.); Concord New Energy Announces 2026 Interim Results (27 August 2026 announcement, paragraphs 1–2: interim results, operational cash flow and project commissioning.)

Business failures and setbacks

Development-stage business remains reliant on future approvals and funding

2008-01 to 2026-06-30 · issuer reported · medium materiality

By FY26 Brockman had not earned revenue; the annual report records an HK$28.8m continuing-operations loss, HK$3.9m cash and material uncertainty over raising funding, while Marillana infrastructure and approvals remain outstanding. Chan has served as company secretary and executive director throughout this period. This is company-level funding and delivery context relevant to disclosure oversight, not evidence of a personal breach or individual project-management responsibility.

Attribution: Role overlaps event; causation unproven. Executive-board and disclosure oversight overlap; no source identifies a personal breach or causal responsibility.

Relevance: Relevant to governance and financial-reporting risk in a long-serving executive secretary role.

Brockman Mining Annual Report 2026 (Financial Review pp. 4–5; Going concern note; Marillana FID pp. 7–8; Company Secretary p. 28)

Governance and interests

Secretary handled disclosure of former CEO’s unrelated criminal proceedings

2013-09 to 2016-12 · documented · medium materiality

In September 2013, while Chan was Brockman company secretary and executive director, he signed a contemporaneous issuer disclosure that said then-CEO Peter Luk had been charged by Hong Kong’s ICAC for conduct predating Luk’s Brockman appointment and unrelated to Brockman or its subsidiaries; Brockman said it would monitor the case. The ICAC later reported Luk’s August 2014 conviction for bribery and conspiracy in a transaction involving China Mining Resources, followed by imprisonment and director disqualification. A 2016 Court of Final Appeal case update records dismissal of appeals. The misconduct was Luk’s personal conduct at another company; no personal link to Chan or Brockman affairs was identified. Chan’s documented involvement is disclosure in his company-secretary capacity.

Attribution: Role overlaps event; causation unproven. Chan signed the issuer disclosure in his secretary capacity; this does not connect him to the underlying transaction or misconduct. The source explicitly says it did not relate to Brockman.

Relevance: Relevant as historical issuer-disclosure and governance context for a long-serving company secretary.

Disclosure regarding former CEO Peter Luk (Issuer announcement, 12 Sep 2013, paragraphs 2–4; signed by Jason Chan as company secretary); Ex-senior executives of listed company jailed for bribery over $15m subsidiary sale (ICAC sentencing release, 25 Aug 2014); HKSAR v Luk and Yu (Court of Final Appeal case update, 1 Feb 2017); Brockman Mining Annual Report 2026 (Current company-secretary role since Jan 2008, p. 22); Brockman Mining Corporate Governance (Issuer corporate governance profile)

Suitability for the current role

Role fit remains only partly evidenced

Current appointment through 2026-10-09 · analyst inference · low materiality

Brockman’s annual report records Chan’s corporate-finance experience, Bachelor of Commerce from the University of British Columbia, Washington State CPA certificate and service as company secretary and executive director since January 2008. It assigns the secretary responsibility for board procedures and continuing ASX/SEHK compliance. A second issuer annual report confirms he joined Concord New Energy in 2006 and became its executive director in April 2024 while serving as company secretary. These backgrounds are relevant to governance and disclosure; full prior-role dates and independent credential verification remain incomplete.

Attribution: Responsibility not applicable. This is an analytical role-fit assessment; it does not allege responsibility for outcomes.

Relevance: Relevant to current Executive Director, Company Secretary duties at Brockman Mining Limited.

Brockman Mining Annual Report 2026 (Directors and Management, p. 22; Company Secretary, p. 28); Concord New Energy Group Limited Annual Report 2025 (Biographical Details, p. 18; concurrent executive-director and company-secretary roles.)

Evidence gaps

• No exhaustive individual criminal, sanctions, litigation, safety, environmental or regulatory record search was performed; logged open-web checks are limited and are not a clearance.

• Exact dates and full duties at prior employers are not available in the cited issuer biographies; missing dates are left unknown.

• Company outcome findings are role-overlap evidence unless a source identifies the person’s actions. No exhaustive criminal, sanctions, court, professional-register or individual regulator search was performed.

• The issuer’s environmental and safety data are self-reported; exploration-stage activity and a lack of reported incidents do not establish independently audited performance.