Danie van Aswegen

Career chronology

• Approximately prior decade through 2025; exact start date not stated: Debmarine Namibia — Head of Projects and Technology Development; EXCO member. Bannerman Energy Annual Report 2026 (Board and executives, p. 7; career description)

• Since October 2025; appointed CEO on 23 October 2026: Bannerman Mining Resources Namibia — Chief Operating Officer. Positive Final Investment Decision for Etango Mine (p. 1; COO since October 2025); Directors and Management (Danie van Aswegen profile; still lists COO, superseded for current title by dated release)

• Acting CEO from 1 April 2026 until appointment as CEO on 23 October 2026: Bannerman Mining Resources Namibia — Acting Chief Executive Officer. Bannerman Energy Annual Report 2026 (Directors and executives; Namibia CEO transition); Positive Final Investment Decision for Etango Mine (p. 1; permanent CEO appointment)

• Appointed 23 October 2026: Bannerman Mining Resources Namibia — Chief Executive Officer. Positive Final Investment Decision for Etango Mine (p. 1; CEO appointment)

• Listed on the Council page accessed 2 November 2026; appointment date not stated: Chamber of Mines of Namibia — Council member representing Bannerman Mining Resources Namibia. Council Members (Council listing; Danie van Aswegen / Bannerman Mining Resources Namibia)

Education and qualifications

Qualifications and professional designations disclosed by issuer

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

BEng and Master of Project Management; degree institutions and exact award details are not named. 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. 7; 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. Van Aswegen was COO Namibia from 1 November 2025 and acting CEO of the Namibian subsidiary from 1 April 2026; operational oversight overlaps, but the company identifies the injured worker as a contractor and does not link the event to him personally. 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. Van Aswegen was COO Namibia from 1 November 2025 and acting CEO of the Namibian subsidiary from 1 April 2026; operational oversight overlaps, but the company identifies the injured worker as a contractor and does not link the event to him personally.

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)

Environmental record

Issuer reports current permits and no FY2026 reportable environmental incidents

FY2026 to 30 June 2026 · issuer reported · low materiality

In its FY2026 annual report Bannerman says key Etango environmental clearance certificates remained valid, two independent environmental audits found no non-conformances, and no reportable environmental incidents occurred during the year ended 30 June 2026. It also states directors were unaware of material licence breaches. These are issuer-reported statements; the audit reports and regulator inspection files were not independently reviewed. Danie’s COO/acting CEO roles overlap with project-level operational oversight, but these issuer disclosures do not establish individual responsibility for audits or compliance.

Attribution: Role overlaps event; causation unproven. Danie’s COO/acting CEO roles overlap with project-level operational oversight, but these issuer disclosures do not establish individual responsibility for audits or compliance.

Relevance: Relevant to project permitting and environmental management during development, but evidence does not independently verify the company’s claims.

Bannerman Energy Annual Report 2026 (Directors’ report, printed pp. 19–20; environmental permits, audit and incident disclosures)

Suitability for the current role

Namibia CEO appointment adds documented project leadership responsibility

COO since October 2025; CEO appointment 2026-10-23 · analyst inference · low materiality

The 23 October 2026 FID announcement confirms van Aswegen was appointed CEO of Bannerman Mining Resources Namibia after serving as COO since October 2025. It describes more than 25 years in mining, engineering, project management and technology development, including project and technology leadership at Debmarine Namibia. The Etango FID was taken by the joint venture; the appointment and project milestone do not establish his personal causation of that decision or project outcomes.

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

Relevance: Relevant to current Chief Executive Officer (Acting), Bannerman Mining Resources (Namibia) (Pty) Ltd duties at Bannerman Energy Ltd.

Positive Final Investment Decision for Etango Mine (pp. 1–2; appointment, career summary and Etango JV FID); Bannerman Energy Annual Report 2026 (Directors and executives; prior COO and acting CEO dates)

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.

• The 2 September contractor LTI was reported on 29 September 2026; the search did not locate a later regulator/corrective-action disposition by the 2 November 2026 cutoff.

• The issuer announced its 2026 Sustainability Report on 12 October 2026, but the attached PDF was not accessible in this refresh; environmental findings are not updated from that report.