Brandon Munro

Career chronology

• 2009–2011, based in Namibia: Bannerman Mining Resources (Namibia) — General Manager. Bannerman Energy Annual Report 2026 (Board and executives, p. 3; Brandon biography)

• CEO/MD from 9 March 2016; Executive Chairman from 7 March 2024; resigned MD 3 March 2026: Bannerman Energy Ltd — Chief Executive Officer and Managing Director. Bannerman Energy Annual Report 2026 (Board and executives, p. 3; term of office)

• Four years; exact dates not specified: World Nuclear Association — Co-Chair, Nuclear Fuel Demand Working Group. Bannerman Energy Annual Report 2026 (Board and executives, p. 3; experience)

• Namibia-based 2009–2015; exact dates by role not specified: Namibian Uranium Association / Namibian Chamber of Mines / Save the Rhino Trust Namibia — Governance Advisor / Mining Charter Strategic Advisor / Trustee. Bannerman Energy Annual Report 2026 (Board and executives, p. 3; experience)

Education and qualifications

Qualifications and professional designations disclosed by issuer

As reported in FY2026 annual report/current issuer profile · issuer reported · low materiality

LLB, B.Econ, Graduate Diploma Applied Finance; GAICD and F Fin. The annual report and issuer biography report these qualifications; no direct verification with awarding institutions or professional registers was completed.

Attribution: Individual involvement documented. Issuer sources state the credentials; independent verification has not been completed.

Relevance: Qualifications are relevant to the executive’s disclosed function.

Bannerman Energy Annual Report 2026 (Directors and executives; p. 3; biography and role terms); Directors and Management (Individual leadership profile)

Industrial safety

Etango recorded its first lost-time injury after a 16-year incident-free period

2026-09-02; status checked through 2026-11-02 · issuer reported · medium materiality

Bannerman’s 29 September 2026 update says a contractor employee operating a compactor suffered a hairline fracture to his left foot on 2 September 2026. It was the project’s first lost-time injury and first in more than 16 years. The FY2026 annual report separately says there were no LTIs during the year ended 30 June 2026 and reports one million LTI-free hours in May 2026; those statements are period-consistent because the injury occurred after year end. The issuer called it a “reset” and said it would reinforce personal safety; no regulator investigation, prosecution, corrective-action finding or later medical outcome was located by the 2 November 2026 cutoff. Munro was Executive Chairman through the cutoff and chaired the board during the period; no personal involvement in the incident is established. The 29 October quarterly report restated the 2 September incident and the company’s safety-leadership response; no later regulator or corrective-action disposition was located by the 2 November cutoff.

Attribution: Role overlaps event; causation unproven. Munro was Executive Chairman through the cutoff and chaired the board during the period; no personal involvement in the incident is established.

Relevance: Safety leadership and contractor controls are material as Etango shifts from early works to full construction.

Etango Construction Early Works Update – September 2026 (Workforce and safety; incident date, contractor task and injury); Bannerman Energy Annual Report 2026 (Directors’ report, pp. 19–20; no FY2026 LTI and one million LTI-free hours by May 2026); Quarterly Activities Report for period ended 30 September 2026 (p. 4; 2 September contractor LTI and injury details)

Litigation and enforcement

Etango title challenge settlement was completed during Bannerman leadership

2008 settlement; July–December 2023 amendment and completion · documented · medium materiality

Bannerman’s 2023 annual report describes a 17 December 2008 settlement with Savanna Marble CC arising from a legal challenge to the company’s rights to Etango’s Exclusive Prospecting Licence. A July 2023 addendum revised the post-consolidation share tranche to 1,250,000 shares and retained A$500,000 cash, expressly to avoid a potential dispute about settlement operation. The Etango mining licence was received on 14 December 2023; the 2025 annual report states settlement consideration was granted on 20 December 2023, extinguishing the provision. The legal challenge was against Bannerman’s project rights, and these sources do not name or implicate these executives personally. Munro was Managing Director and CEO at the time of the July 2023 amendment and remained Executive Chairman at settlement; no source links him personally to the original litigation or its terms.

Attribution: Role overlaps event; causation unproven. The subject held a senior company role during the 2023 amendment/completion period, but the filings provide no individual link to the original dispute, negotiation, or payment and report no finding of misconduct.

Relevance: Etango tenure/title is foundational to the project; resolving the old title-related settlement was material to project readiness and governance continuity.

Bannerman Energy Annual Report 2023 (Directors’ report pp. 12–13; Note 14(c) Litigation Settlement, pp. 50–51; legal challenge and July 2023 addendum); Bannerman Energy Annual Report 2025 (Notes to the financial statements; Savanna settlement note, printed p. 65; December 2023 licence and settlement consideration)

Governance and interests

Board and Product Offtake Committee transition

2026-10-15 · issuer reported · low materiality

Bannerman reported on 15 October 2026 that non-executive director Danny Goeman resigned from the Board and Product Offtake Committee because of additional time demands associated with a health issue within his family. The company withdrew two AGM resolutions as a result. The announcement was approved by Executive Chairman Munro; it reports a personal reason and no misconduct, disagreement or conflict.

Attribution: Role overlaps event; causation unproven. Munro was Executive Chairman and approved the release; the resignation was Goeman’s and the source does not connect Munro to the personal circumstances or departure.

Relevance: Board and product-offtake committee continuity during the transition to full-scale Etango construction.

Non-Executive Director Resignation (Board resignation announcement; stated reason and release approval)

Suitability for the current role

Role fit remains only partly evidenced

Current appointment through 2026-11-02 · analyst inference · low materiality

The 2026 annual report dates Munro’s early Bannerman General Manager role to 2009–2011, CEO/MD tenure from 2016, Executive Chair appointment to 2024, and resignation as MD on 3 March 2026. It reports legal/resources experience, Namibian governance roles, WNA leadership and degrees/professional designations. During his long leadership, Etango progressed from development studies into early works, offtake, major funding and a strategic joint venture; it had not reached commercial production by the earlier cutoff; by 2 November 2026, the Etango JV had taken positive FID and moved into full-scale construction, while production remained a future target. These are company outcomes with board/CEO oversight overlap, not proof that he personally caused delivery.

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

Relevance: Relevant to current Executive Chairman duties at Bannerman Energy Ltd.

Bannerman Energy Annual Report 2026 (Directors and executives; p. 3; biography and role terms); Directors and Management (Issuer leadership profile; individual biography)

Evidence gaps

• Formal education, professional memberships and credentials have not been independently verified against awarding institutions or registers.

• For company-level operating outcomes, personal contribution is not established unless a source expressly attributes it.

• Logged open-web searches are scoped rather than exhaustive; no comprehensive criminal, sanctions, court, regulator, professional-discipline or credential-register search was completed.

• Etango had not achieved commercial production by the cutoff; development milestones cannot yet establish operating performance or sustained safety/environment outcomes.