Tony Sage

Career chronology

• current at cutoff; start date undisclosed: European Lithium Limited — Executive Chairman. Annual Report (Corporate directory or key management personnel disclosure)

• since 2014; CEO from 2024-04: European Lithium Ltd — Executive Chairman / CEO. Annual Report (2025/26 reporting and company bio: chair; appointed CEO April 2024; career corporate advisory, investment and fundraising; concurrent CuFe and Cyclone roles.)

• 2014: Cape Lambert Resources — Executive Chairman. Cape Lambert Reaches Settlement with ATO (2014 issuer release identifies Sage as Executive Chairman during resolution of company ATO dispute.)

Litigation and enforcement

Cape Lambert settled disputed ATO assessment during his executive-chair tenure

2012–2014 · issuer reported · medium materiality

Cape Lambert’s 2014 ASX release identifies a A$96m amended assessment and net final payment of about A$2.465m after objections/dispute. The release quotes Sage as executive chairman and states settlement resolved the matter; no personal tax liability or misconduct finding was identified.

Attribution: Role overlaps event; causation unproven. The source establishes the executive’s role during or around the event; individual causation is not inferred unless the cited record directly says so.

Relevance: Adds role-specific career, delivery or governance context; distinguish company-level outcomes from individual responsibility.

Cape Lambert Reaches Settlement with ATO (Cape Lambert’s 2014 ASX release identifies a A$96m amended assessment and net final payment of about A$2.465m after objections/dispute. The release quotes Sage as executive chairman and states settlement resolved the matter; no personal tax liability or misconduct finding was identified.)

AFP searches of Sage-associated business offices were reported; public outcome not established

2012–2014; later outcome not located by cutoff · alleged · medium materiality

ABC reported in February 2014 that AFP officers searched offices occupied by companies associated with Tony Sage, including Cape Lambert Resources and Perth Glory, as part of a continuing tax investigation involving Commonwealth agencies. The article did not report charges or a finding against Sage. The documented open-web follow-up through the cutoff did not identify a public prosecution or formal closure; that search result does not prove the investigation ended.

Attribution: Role overlaps event; causation unproven. The source documents searches, not charges or findings; later resolution remains unlocated in reviewed public sources.

Relevance: Material reputational/legal context because contemporaneous reporting named businesses associated with Sage; no inference of personal guilt or of a closed investigation.

Australian Federal Police raid Perth offices of mining boss Tony Sage (ABC report: AFP searches and description as continuing investigation)

Governance and interests

European Lithium paid final €160,000 market-manipulation penalty

2019–2021 · documented · high materiality

On 15 June 2021 the Austrian FMA announced a final €160,000 penalty against European Lithium as a legal person for market-abuse breaches involving false or misleading market signals. The issuer’s 17 June response says the statements were made by director Stefan Muller in a May 2019 Austrian interview, were unauthorized and inconsistent with contemporaneous ASX disclosures; Muller resigned on 4 March 2020. The company said it paid without admission and reserved rights against Muller. This is an issuer enforcement outcome, not a personal finding against the current executive.

Attribution: Role overlaps event; causation unproven. The regulator penalized the company. The issuer specifically attributes the statement to former director Stefan Muller and says it was unauthorized; no personal liability is inferred for the executives listed.

Relevance: Material listed-company disclosure and governance history during the current executive team’s tenure; personal responsibility is attributed by the issuer to former director Stefan Muller, not these executives.

FMA imposes sanction against European Lithium Limited for market manipulation (FMA announcement: final penalty against legal person European Lithium); Response to Media Article re FMA fine (paras 2–15: identity of speaker, resignation, issuer response and no-admission payment)

European Lithium paid €122,850 final penalty for delayed disclosure

2020–2022 · documented · high materiality

On 10 May 2022 the Austrian FMA announced a final €122,850 penalty against European Lithium as a legal person for a delayed ad hoc disclosure of 5 March 2020. No current individual is named in the FMA notice. The reported penalty is company-level and does not establish personal wrongdoing by this executive.

Attribution: Role overlaps event; causation unproven. The fine is against the legal person European Lithium. The regulator page reviewed does not identify an individual as responsible.

Relevance: Relevant to governance oversight at the issuer. Reviewed record does not identify individual culpability.

FMA sanction for late ad hoc disclosure (FMA announcement, lines 304–313: amount, underlying date and finality)

Suitability for the current role

Limited public evidence for role fit

current at cutoff; start date undisclosed · analyst inference · low materiality

The issuer identifies Tony Sage as Executive Chairman. The cited source establishes the disclosed role and any stated appointment date. This source alone does not establish attributable prior-employer outcomes, verified credentials or independently benchmarked delivery. This is an evidence limitation, not an adverse personal finding.

Attribution: Responsibility not applicable. No personal outcome responsibility is inferred from the title alone.

Relevance: The role is relevant to the company’s current leadership assessment; fuller role-fit comparison requires verified chronology and outcome evidence.

Annual Report (Corporate directory, key management personnel or appointment disclosure; role and date)

Evidence gaps

• Prior-employer chronology and qualifications are based mainly on issuer disclosures; independent employment and credential verification was not available in the reviewed public record.

• The documented name/employer searches are not an exhaustive court, ASIC, sanctions, safety or environmental registry check; no relevant adverse finding surfaced in the searches documented.

• Company-level outcomes are not attributed personally without a source connecting the executive to the action or result.