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2026-11-06

← CBE management

Full background report

Adam Wooldridge

Chief Executive Officer

Career chronology

  • Current; issuer reports he has helped develop its exploration projects for over five years: Cobre Limited — Chief Executive Officer. Cobre Limited Annual Report 2025 (Corporate directory, p. ii); Leadership Team (Adam Wooldridge biography)

  • Current/period not exactly dated: KML — Founding partner and Chief Executive Officer. Leadership Team (Adam Wooldridge biography)

  • Established in 2004; subsequent end date not established: Xpotential Consulting — Founder. Leadership Team (Adam Wooldridge biography)

  • Dates not established: New Resolution Geophysics — Founding partner. Leadership Team (Adam Wooldridge biography)

Education and qualifications

Geology and geophysics training and professional registration reported

As reported by issuer by 2026 · issuer reported · medium materiality

Cobre’s leadership biography reports BSc and BSc (Hons) degrees in geology and geophysics, registration as a professional scientist, and ASEG membership. The February 2026 Competent Person statement independently confirms membership of the South African Council for Natural Scientific Professions; degrees were not independently verified.

Attribution: Responsibility not applicable. Professional profile and CP statement identify technical qualifications; degree certificates were not reviewed.

Relevance: Relevant to exploration geology and public technical reporting.

Leadership Team (Adam Wooldridge biography); Sierra Atacama Copper Mine Acquisition Presentation (Competent Person Statement, p. 2)

Personal achievements

Named Competent Person for exploration information

2026-02 · documented · medium materiality

Cobre’s February 2026 acquisition presentation names Wooldridge as the compiler of exploration results, states he meets JORC 2012 Competent Person experience requirements, identifies his South African Council for Natural Scientific Professions membership, and records his consent.

Attribution: Individual involvement documented. The issuer presentation directly attributes compilation and consent to him.

Relevance: Supports technical qualification and disclosure responsibility for a Cobre transaction; it does not establish independently verified accuracy of the foreign resource.

Sierra Atacama Copper Mine Acquisition Presentation (Competent Person Statement, p. 2)

Contributions and company outcomes

Ngami Comet maiden resource delivered during CEO tenure

FY2025 · issuer reported · medium materiality

Cobre’s FY2025 report records a maiden Comet mineral resource of 11.5 Mt at 0.52% Cu and 11.6 g/t Ag, including 60.3 kt contained copper and 4.3 Moz silver. Wooldridge’s February 2026 Competent Person statement establishes that he compiled exploration results for that separate Sierra Atacama acquisition presentation, but the reviewed sources do not identify him as sole author of the Comet resource. The resource is therefore attributed to role overlap, not sole personal causation.

Attribution: Role overlaps event; causation unproven. Wooldridge was CEO during project advancement; no individual link to the Comet estimate itself is established in the reviewed source.

Relevance: A material exploration milestone relevant to technical leadership, but not mine delivery.

Cobre Limited Annual Report 2025 (Review of Operations, pp. 6–8)

Suitability for the current role

Technical geology profile aligns with an exploration CEO role

Career to 2026 · analyst inference · medium materiality

Issuer biographies describe 25+ years of international geology/geophysics experience and exploration-management work; the CP statement corroborates relevant experience and professional-body membership. Evidence supports technical fit, while evidence of operating-company leadership beyond exploration-stage project development is limited.

Attribution: Responsibility not applicable. Judgment based on cited biography and technical disclosure, not a claim that he alone delivered company outcomes.

Relevance: Relevant to exploration and disclosure; operating and mine commissioning experience not demonstrated.

Leadership Team (Adam Wooldridge biography); Sierra Atacama Copper Mine Acquisition Presentation (Competent Person Statement, p. 2)

Evidence gaps

  • Exact dates for KML, New Resolution Geophysics and prior consulting roles were not verified.

  • Degree certificates and ASEG status were not checked against source registers; the issuer reports them.

  • No person-level finding links Wooldridge to the Comet MRE calculation.

  • Adverse-topic searches are open-web and not exhaustive formal legal, regulator, sanctions or safety-register checks.