OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor EVN ASX

Evolution Mining Limited

Producer · Gold · Copper · AU · CA · US Rating locked: sign in to view v8 · evn-20261024t160254-full
Last 2026-11-06
A$12.91
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$26.4B
EV
A$27B
Cash
A$1.3B
Debt
A$1.4B
4 newer ASX announcements not yet reflected in this valuation

People, delivery and responsibility

Management background checks

Evidence through 2026-10-31

Research assessment

Executive team

Rating locked: sign in to viewTeam rating and score are available to subscribers

The leadership team combines company-reported finance, operating, geological and sustainability experience. FY2026 profit and plant expansion are balanced by safety performance, a company conviction, a pending Red Lake claim and a settled historical action involving the discovery leader. Evidence remains limited and allegations are not findings of misconduct.

Decision-relevant facts

Material summary

Individual involvement and employer context shown separately

Lawrie Conway

Managing Director and Chief Executive Officer

Current
Company SuccessIssuer Reported · Medium materiality

FY2026 results and Mungari expansion

Evolution reported FY2026 statutory net profit A$1.475 billion versus A$926 million, and Mungari production rose from 135,000 oz to 186,000 oz after expansion commissioning. Group average realised gold price rose about 40%, an important contributor to profit.

Role overlaps event; causation unproven · This is a company result; executive-specific causal contributions were not established.

FY26 Full Year Financial Results and Final Dividend · FY26 performance and Mungari operations
2026 Annual Report · Financial report, operating results and key metrics
LegalAlleged · High materiality

Red Lake shareholder class action

A Federal Court shareholder action filed in December 2024 against Evolution alleges disclosure failures and misleading conduct concerning Red Lake from July 2021 to June 2022. The company says it complied and will defend the case. The Federal Court list accessed on the cutoff includes Henderson v Evolution; the final outcome was not established.

Role overlaps event; causation unproven · Conway was Evolution CFO during the alleged period; he is not identified as a defendant in the cited proceedings and no personal wrongdoing is established.

2026 Annual Report · Financial report, note 18 contingencies, printed p.110
Evidence gaps · 3
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.
  • Final outcome of the Red Lake shareholder proceeding was not established.

Full background report

Lawrie Conway

Managing Director and Chief Executive Officer

Career chronology

  • From 2023-01-01: Evolution Mining — Managing Director and Chief Executive Officer. 2026 Annual Report (2026 annual report, leadership biography)

  • From 2014-08-01: Evolution Mining — Finance Director and CFO. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Newcrest Mining — Executive General Manager, Commercial and West Africa. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established to 2022-08-31: Aurelia Metals — Non-executive director and audit committee chair. 2026 Annual Report (2026 annual report, leadership biography)

Education and qualifications

Qualifications disclosed

Qualifications reported in cited sources · issuer reported · low materiality

The 2025 company annual report describes Conway as BBus, CPA, GAICD; qualifications and memberships were not independently verified.

Attribution: Responsibility not applicable. Education is reported by cited issuers or the person; records were not independently confirmed.

Relevance: Evidence of relevant training, subject to verification.

2025 Annual Report (Biography and qualifications)

Contributions and company outcomes

FY2026 results and Mungari expansion

FY2025–FY2026 · issuer reported · medium materiality

Evolution reported FY2026 statutory net profit A$1.475 billion versus A$926 million, and Mungari production rose from 135,000 oz to 186,000 oz after expansion commissioning. Group average realised gold price rose about 40%, an important contributor to profit.

Attribution: Role overlaps event; causation unproven. This is a company result; executive-specific causal contributions were not established.

Relevance: Operating and financial delivery during tenure.

FY26 Full Year Financial Results and Final Dividend (FY26 performance and Mungari operations); 2026 Annual Report (Financial report, operating results and key metrics)

Business failures and setbacks

Ernest Henry flood and operating recovery

December 2025–April 2026 · issuer reported · medium materiality

In December 2025 rainfall led to water entering Ernest Henry’s underground mine and a temporary suspension. The climate report says operations resumed in March 2026; the operating review dates return to full commercial production to 1 April. The company reports an A$320 million impact before insurance, including revenue timing and remediation.

Attribution: Role overlaps event; causation unproven. The executive held a senior role during the event; no evidence of individual causation was found.

Relevance: Evidence of operational disruption, resilience and management response.

2026 Annual Report (Climate report, physical climate risk; operating review, Ernest Henry)

Industrial safety

Mungari injury and 2026 company conviction

Incident April 2022; sentence August 2026 · documented · high materiality

WA WorkSafe reports an Evolution Mungari contractor suffered a crush injury and fractured arm after becoming entangled in a conveyor on 17 April 2022. The operator pleaded guilty to exposing a worker to risk and was fined A$200,000 in August 2026; the prosecution did not allege the company failure caused the injuries.

Attribution: Role overlaps event; causation unproven. The executive held a senior role at the company during the incident; no personal involvement or responsibility was established.

Relevance: Material company safety management and oversight context.

Mine operator fined over worker exposure to entanglement risk (Incident, offence and 14 August 2026 sentence)

FY2026 injury-rate comparison

FY2025–FY2026 · issuer reported · medium materiality

Evolution reports no fatalities at operations under its control in FY2026, but its total recordable injury frequency rose from 4.98 to 5.85 per million hours and exceeded its 5.0 target.

Attribution: Role overlaps event; causation unproven. Company metric, not a causal finding about an individual.

Relevance: Track safety outcomes alongside operational growth.

2026 Annual Report (Sustainability report, printed p.165 safety performance table)

Litigation and enforcement

Red Lake shareholder class action

Alleged 2021–2022; filed 2024, current court list · alleged · high materiality

A Federal Court shareholder action filed in December 2024 against Evolution alleges disclosure failures and misleading conduct concerning Red Lake from July 2021 to June 2022. The company says it complied and will defend the case. The Federal Court list accessed on the cutoff includes Henderson v Evolution; the final outcome was not established.

Attribution: Role overlaps event; causation unproven. Conway was Evolution CFO during the alleged period; he is not identified as a defendant in the cited proceedings and no personal wrongdoing is established.

Relevance: Relevant governance and disclosure context.

2026 Annual Report (Financial report, note 18 contingencies, printed p.110); Evolution acknowledges class action proceedings (12 December 2024 notice); Current class actions: Bruce Henderson v Evolution Mining Limited (VID1334/2024, Henderson v Evolution)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: Evolution Finance Director and CFO from August 2014; CEO from 1 January 2023; previously Newcrest executive general manager Commercial and West Africa, and prior commercial roles at BHP.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

  • Final outcome of the Red Lake shareholder proceeding was not established.

Fran Summerhayes

Chief Financial Officer

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 2
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Full background report

Fran Summerhayes

Chief Financial Officer

Career chronology

  • From 2025-09-15: Evolution Mining — Chief Financial Officer. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: BHP — Vice President Finance, Minerals Americas. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: BHP — Head of Finance, iron ore. 2026 Annual Report (2026 annual report, leadership biography)

Education and qualifications

Qualifications disclosed

Qualifications reported in cited sources · issuer reported · low materiality

The 2026 annual report says Summerhayes holds a Bachelor of Business and Accounting, master’s in financial analysis and postgraduate supply-chain certificate; institutions and credentials were not independently verified.

Attribution: Responsibility not applicable. Education is reported by cited issuers or the person; records were not independently confirmed.

Relevance: Evidence of relevant training, subject to verification.

2026 Annual Report (Biography and qualifications)

Contributions and company outcomes

FY2026 results and Mungari expansion

FY2025–FY2026 · issuer reported · medium materiality

Evolution reported FY2026 statutory net profit A$1.475 billion versus A$926 million, and Mungari production rose from 135,000 oz to 186,000 oz after expansion commissioning. Group average realised gold price rose about 40%, an important contributor to profit.

Attribution: Role overlaps event; causation unproven. This is a company result; executive-specific causal contributions were not established.

Relevance: Operating and financial delivery during tenure.

FY26 Full Year Financial Results and Final Dividend (FY26 performance and Mungari operations); 2026 Annual Report (Financial report, operating results and key metrics)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: CFO commenced 15 September 2025; previously BHP Vice President Finance Minerals Americas and BHP iron-ore finance head; started career at PwC. BHP directly identified her in the Americas role in November 2024.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16); Chile copper site tour presentations and speeches (Chile copper site tour speeches, printed p.38)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Matt O’Neill

Chief Operating Officer

Current
SafetyDocumented · High materiality

Mungari injury and 2026 company conviction

WA WorkSafe reports an Evolution Mungari contractor suffered a crush injury and fractured arm after becoming entangled in a conveyor on 17 April 2022. The operator pleaded guilty to exposing a worker to risk and was fined A$200,000 in August 2026; the prosecution did not allege the company failure caused the injuries.

Employer context; no individual link established · The incident preceded O’Neill’s appointment; the sentencing occurred during his tenure. No personal involvement was established.

Mine operator fined over worker exposure to entanglement risk · Incident, offence and 14 August 2026 sentence
FailureIssuer Reported · Medium materiality

Ernest Henry flood and operating recovery

In December 2025 rainfall led to water entering Ernest Henry’s underground mine and a temporary suspension. The climate report says operations resumed in March 2026; the operating review dates return to full commercial production to 1 April. The company reports an A$320 million impact before insurance, including revenue timing and remediation.

Role overlaps event; causation unproven · The executive held a senior role during the event; no evidence of individual causation was found.

2026 Annual Report · Climate report, physical climate risk; operating review, Ernest Henry
Evidence gaps · 2
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Full background report

Matt O’Neill

Chief Operating Officer

Career chronology

  • From 2024-06-01: Evolution Mining — Chief Operating Officer. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Xstrata / Glencore — Australian regional lead and COO, copper and zinc. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Independent consulting — Northparkes integration support. 2026 Annual Report (2026 annual report, leadership biography)

Education and qualifications

Qualifications disclosed

Qualifications reported in cited sources · issuer reported · low materiality

The company reports a mechanical engineering bachelor’s degree, mining engineering graduate certificate and MBA; institutions and awards were not independently verified.

Attribution: Responsibility not applicable. Education is reported by cited issuers or the person; records were not independently confirmed.

Relevance: Evidence of relevant training, subject to verification.

2026 Annual Report (Biography and qualifications)

Contributions and company outcomes

FY2026 results and Mungari expansion

FY2025–FY2026 · issuer reported · medium materiality

Evolution reported FY2026 statutory net profit A$1.475 billion versus A$926 million, and Mungari production rose from 135,000 oz to 186,000 oz after expansion commissioning. Group average realised gold price rose about 40%, an important contributor to profit.

Attribution: Role overlaps event; causation unproven. This is a company result; executive-specific causal contributions were not established.

Relevance: Operating and financial delivery during tenure.

FY26 Full Year Financial Results and Final Dividend (FY26 performance and Mungari operations); 2026 Annual Report (Financial report, operating results and key metrics)

Business failures and setbacks

Ernest Henry flood and operating recovery

December 2025–April 2026 · issuer reported · medium materiality

In December 2025 rainfall led to water entering Ernest Henry’s underground mine and a temporary suspension. The climate report says operations resumed in March 2026; the operating review dates return to full commercial production to 1 April. The company reports an A$320 million impact before insurance, including revenue timing and remediation.

Attribution: Role overlaps event; causation unproven. The executive held a senior role during the event; no evidence of individual causation was found.

Relevance: Evidence of operational disruption, resilience and management response.

2026 Annual Report (Climate report, physical climate risk; operating review, Ernest Henry)

Industrial safety

Mungari injury and 2026 company conviction

Incident April 2022; sentence August 2026 · documented · high materiality

WA WorkSafe reports an Evolution Mungari contractor suffered a crush injury and fractured arm after becoming entangled in a conveyor on 17 April 2022. The operator pleaded guilty to exposing a worker to risk and was fined A$200,000 in August 2026; the prosecution did not allege the company failure caused the injuries.

Attribution: Employer context; no individual link established. The incident preceded O’Neill’s appointment; the sentencing occurred during his tenure. No personal involvement was established.

Relevance: Material company safety management and oversight context.

Mine operator fined over worker exposure to entanglement risk (Incident, offence and 14 August 2026 sentence)

FY2026 injury-rate comparison

FY2025–FY2026 · issuer reported · medium materiality

Evolution reports no fatalities at operations under its control in FY2026, but its total recordable injury frequency rose from 4.98 to 5.85 per million hours and exceeded its 5.0 target.

Attribution: Role overlaps event; causation unproven. Company metric, not a causal finding about an individual.

Relevance: Track safety outcomes alongside operational growth.

2026 Annual Report (Sustainability report, printed p.165 safety performance table)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: COO since 1 June 2024; previously Xstrata/Glencore Australian regional lead for copper and zinc, including Ernest Henry until the 2022 ownership transfer. He later consulted on the Northparkes integration.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Nancy Guay

Chief Technical Officer

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 2
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Full background report

Nancy Guay

Chief Technical Officer

Career chronology

  • From 2024-06-01: Evolution Mining — Chief Technical Officer. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Agnico Eagle Mines — Vice President Technology, Optimisation and Innovation. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Coffey Mining — Technical consultant and project manager. Nancy Guay, engineer interview (Biography, processing consultant and project management)

Education and qualifications

Qualifications disclosed

Qualifications reported in cited sources · self reported · low materiality

The issuer reports a Bachelor of Applied Science in mining and processing; a professional interview states mining engineering from Laval. The awarding body was not independently checked.

Attribution: Responsibility not applicable. Education is reported by cited issuers or the person; records were not independently confirmed.

Relevance: Evidence of relevant training, subject to verification.

Nancy Guay, engineer interview (Biography and qualifications); Appointment of Chief Technical Officer (Appointment notice, degree and CTO role)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: CTO since 1 June 2024; formerly Agnico Eagle vice president of technology, optimisation and innovation, with oversight of twelve operations; earlier Coffey Mining.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Glen Masterman

Vice President Discovery

Current
LegalDisputed · High materiality

Kinross Tasiast securities actions settled without admissions

Kinross filings name Masterman, then exploration senior vice president, among defendants in US and Ontario securities class actions alleging misleading statements about the Tasiast operation. Kinross reports that the US action settled for US$33 million, finally approved 15 October 2015; the Ontario action settled for C$12.5 million, approved June 2015. Both were without admissions of liability and funded by insurance; defendants denied wrongdoing.

Individual involvement documented · He was named in the proceedings. Settlements and denials are not a finding of personal wrongdoing; individual liability was not adjudicated.

2014 annual information form, legal proceedings · Legal proceedings, US and Ontario allegations
2015 management discussion and analysis, legal proceedings · Other legal matters: names, 2015 final US and Ontario approvals and no liability admission
Court-authorized notice of proposed Kinross settlement · pp.1–3, parties and defendants’ denial and no merits determination
Kinross and Red Back combination presentation · 2010 presentation, Tasiast geology and Dr Glen Masterman executive biography
Personal SuccessIssuer Reported · Medium materiality

Palmarejo discovery role

Evolution reports that Masterman was lead geologist in discovery and development of the Palmarejo silver-gold deposit at Bolnisi. The 2010 Kinross presentation separately confirms the Bolnisi exploration role and company discovery, although the precise individual contribution is described by Evolution.

Individual involvement documented · Evolution credits him with the lead-geologist role; no independent project-level attribution was obtained.

2026 Annual Report · Leadership biographies, printed p.15
Kinross and Red Back combination presentation · Executive biographies, Masterman
Evidence gaps · 3
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.
  • Original complete court and settlement documents beyond the opened notices and issuer filings were not obtained.

Full background report

Glen Masterman

Vice President Discovery

Career chronology

  • Dates not fully established: Evolution Mining — Vice President Discovery. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Beadell Resources — Executive Director Geology and Corporate Development. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Kinross Gold — Senior Vice President Exploration and Chief Geoscientist. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Bolnisi Gold — General Manager Exploration. 2026 Annual Report (2026 annual report, leadership biography)

Education and qualifications

Qualifications disclosed

Qualifications reported in cited sources · issuer reported · low materiality

A 2010 Kinross presentation reports a Melbourne BSc (Honours) and University of Tasmania PhD; degree records were not independently checked.

Attribution: Responsibility not applicable. Education is reported by cited issuers or the person; records were not independently confirmed.

Relevance: Evidence of relevant training, subject to verification.

Kinross and Red Back combination presentation (Biography and qualifications)

Personal achievements

Palmarejo discovery role

Before joining Kinross in 2007 · issuer reported · medium materiality

Evolution reports that Masterman was lead geologist in discovery and development of the Palmarejo silver-gold deposit at Bolnisi. The 2010 Kinross presentation separately confirms the Bolnisi exploration role and company discovery, although the precise individual contribution is described by Evolution.

Attribution: Individual involvement documented. Evolution credits him with the lead-geologist role; no independent project-level attribution was obtained.

Relevance: Relevant exploration and discovery leadership.

2026 Annual Report (Leadership biographies, printed p.15); Kinross and Red Back combination presentation (Executive biographies, Masterman)

Litigation and enforcement

Kinross Tasiast securities actions settled without admissions

Alleged disclosures 2010–2012; settlements 2015 · disputed · high materiality

Kinross filings name Masterman, then exploration senior vice president, among defendants in US and Ontario securities class actions alleging misleading statements about the Tasiast operation. Kinross reports that the US action settled for US$33 million, finally approved 15 October 2015; the Ontario action settled for C$12.5 million, approved June 2015. Both were without admissions of liability and funded by insurance; defendants denied wrongdoing.

Attribution: Individual involvement documented. He was named in the proceedings. Settlements and denials are not a finding of personal wrongdoing; individual liability was not adjudicated.

Relevance: Material historical litigation in a technical disclosure context.

2014 annual information form, legal proceedings (Legal proceedings, US and Ontario allegations); 2015 management discussion and analysis, legal proceedings (Other legal matters: names, 2015 final US and Ontario approvals and no liability admission); Court-authorized notice of proposed Kinross settlement (pp.1–3, parties and defendants’ denial and no merits determination); Kinross and Red Back combination presentation (2010 presentation, Tasiast geology and Dr Glen Masterman executive biography)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: VP Discovery; previously executive director geology and corporate development at Beadell, senior exploration leader at Kinross, and Bolnisi exploration general manager, with issuer-reported Palmarejo discovery leadership.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

  • Original complete court and settlement documents beyond the opened notices and issuer filings were not obtained.

Evan Elstein

Company Secretary and Vice President IT, Communications and Corporate Affairs

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 2
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Full background report

Evan Elstein

Company Secretary and Vice President IT, Communications and Corporate Affairs

Career chronology

  • Dates not fully established: Evolution Mining — Company Secretary and Vice President IT, Communications and Corporate Affairs. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Conquest Mining — Company Secretary. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Hartec — Chief Financial Officer and Company Secretary. 2026 Annual Report (2026 annual report, leadership biography)

Education and qualifications

Qualifications disclosed

Qualifications reported in cited sources · issuer reported · low materiality

The issuer reports a Bachelor of Commerce and professional memberships; awarding institution and current memberships were not independently checked.

Attribution: Responsibility not applicable. Education is reported by cited issuers or the person; records were not independently confirmed.

Relevance: Evidence of relevant training, subject to verification.

2026 Annual Report (Biography and qualifications)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: Company secretary since October 2011, with IT and corporate affairs responsibilities; previously Conquest Mining company secretary, Hartec CFO and secretary, and roles at Dimension Data and Grant Thornton.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Fiona Murfitt

Vice President Sustainability

Current
SafetyIssuer Reported · Medium materiality

FY2026 injury-rate comparison

Evolution reports no fatalities at operations under its control in FY2026, but its total recordable injury frequency rose from 4.98 to 5.85 per million hours and exceeded its 5.0 target.

Role overlaps event; causation unproven · Company metric, not a causal finding about an individual.

2026 Annual Report · Sustainability report, printed p.165 safety performance table
Evidence gaps · 2
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Full background report

Fiona Murfitt

Vice President Sustainability

Career chronology

  • From 2020-07-01: Evolution Mining — Vice President Sustainability. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Evolution Mining — General Manager Sustainability. 2020 Annual Report (2020 directors report, executive service agreements, printed p.127)

  • Dates not fully established: Shell, DuPont and Viva Energy — Sustainability and operational leadership roles. 2026 Annual Report (2026 annual report, leadership biography)

Education and qualifications

Qualifications disclosed

Qualifications reported in cited sources · issuer reported · low materiality

The issuer reports a master’s in risk and technology and postgraduate leadership qualification; institutions and awards were not independently checked.

Attribution: Responsibility not applicable. Education is reported by cited issuers or the person; records were not independently confirmed.

Relevance: Evidence of relevant training, subject to verification.

2026 Annual Report (Biography and qualifications)

Industrial safety

Mungari injury and 2026 company conviction

Incident April 2022; sentence August 2026 · documented · high materiality

WA WorkSafe reports an Evolution Mungari contractor suffered a crush injury and fractured arm after becoming entangled in a conveyor on 17 April 2022. The operator pleaded guilty to exposing a worker to risk and was fined A$200,000 in August 2026; the prosecution did not allege the company failure caused the injuries.

Attribution: Role overlaps event; causation unproven. The executive held a senior role at the company during the incident; no personal involvement or responsibility was established.

Relevance: Material company safety management and oversight context.

Mine operator fined over worker exposure to entanglement risk (Incident, offence and 14 August 2026 sentence)

FY2026 injury-rate comparison

FY2025–FY2026 · issuer reported · medium materiality

Evolution reports no fatalities at operations under its control in FY2026, but its total recordable injury frequency rose from 4.98 to 5.85 per million hours and exceeded its 5.0 target.

Attribution: Role overlaps event; causation unproven. Company metric, not a causal finding about an individual.

Relevance: Track safety outcomes alongside operational growth.

2026 Annual Report (Sustainability report, printed p.165 safety performance table)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: VP Sustainability since 1 July 2020, overseeing safety, health, environment, risk and social responsibility; earlier roles included Shell, DuPont and Viva Energy.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Paul Eagle

Vice President People and Culture

Current
GovernanceIssuer Reported · Medium materiality

Announced departure and succession

The 22 October 2026 annual report states that Eagle will depart on 30 November 2026. Evolution’s 14 October quarterly said a replacement search was under way.

Individual involvement documented · The notice is about his announced transition; any subsequent appointment was not established by the cutoff.

2026 Annual Report · Leadership team, printed p.16
September 2026 Quarterly Report · Corporate leadership changes, p.8
Evidence gaps · 3
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.
  • A successor had not been identified in the 14 October quarterly; scheduled 30 November departure is after the cutoff.

Full background report

Paul Eagle

Vice President People and Culture

Career chronology

  • Dates not fully established: Evolution Mining — Vice President People and Culture. 2026 Annual Report (2026 annual report, leadership biography)

Governance and interests

Announced departure and succession

Announced October 2026; departure scheduled November 2026 · issuer reported · medium materiality

The 22 October 2026 annual report states that Eagle will depart on 30 November 2026. Evolution’s 14 October quarterly said a replacement search was under way.

Attribution: Individual involvement documented. The notice is about his announced transition; any subsequent appointment was not established by the cutoff.

Relevance: Near-term people-and-culture leadership transition.

2026 Annual Report (Leadership team, printed p.16); September 2026 Quarterly Report (Corporate leadership changes, p.8)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: VP People and Culture; the 2015 issuer memorandum says appointed general manager in 2013. The 2026 annual report says he will leave on 30 November 2026; the September quarter says succession search is underway.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16); Notice of meeting and explanatory memorandum (Printed p.36, Paul Eagle general manager appointment in 2013)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

  • A successor had not been identified in the 14 October quarterly; scheduled 30 November departure is after the cutoff.

Kirron Schmidt

Vice President Corporate Development

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 2
  • Independent verification of stated qualifications, licences and memberships was not obtained.
  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.

Full background report

Kirron Schmidt

Vice President Corporate Development

Career chronology

  • Dates not fully established: Evolution Mining — Vice President Corporate Development. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Lynas — Corporate development. 2026 Annual Report (2026 annual report, leadership biography)

  • Dates not fully established: Greenhill and Wilson HTM — Investment banking roles. 2026 Annual Report (2026 annual report, leadership biography)

Suitability for the current role

Relevant experience

Career through 31 October 2026 · analyst inference · low materiality

Analyst inference: Joined Evolution in 2015; promoted VP Corporate Development in July 2024. Previously worked in corporate development at Lynas and investment banking at Greenhill and Wilson HTM.

Attribution: Responsibility not applicable. Experience is based on dated issuer material; role fit is an analytical judgment, not proof of individual contribution.

Relevance: Relevant to execution of the current role.

2026 Annual Report (2026 annual report, leadership biographies, printed pp.14–16)

Evidence gaps

  • Independent verification of stated qualifications, licences and memberships was not obtained.

  • Prior-employer histories, local court and regulator records and individual contributions to company outcomes remain incomplete; this is not a clearance.