Andrew Krelle

Career chronology

• From 27 November 2024: GBM Resources — Executive Director. Board and executive appointments (pp. 1–2)

• Dates not disclosed: Bacchus Capital Advisers — Mining finance / investor relations. Annual report for year ended 30 June 2026 (printed p. 12)

Education and qualifications

Reported qualifications

Undated · issuer reported · low materiality

GBM reports a University of Queensland geology honours degree and QUT applied-finance graduate certificate.

Attribution: Responsibility not applicable. Independent registers were not reviewed.

Relevance: Relevant technical and financial training.

Annual report for year ended 30 June 2026 (printed p. 12)

Personal achievements

Geology and capital-markets background

Prior to 2024 · issuer reported · medium materiality

GBM reports that Krelle founded Aozora Minerals, worked for BHP, Endocoal and U&D Mining, and later managed Yellow Cake investor relations. The issuer cites Yellow Cake’s capital raised but does not allocate that outcome to him.

Attribution: Individual involvement documented. Specific roles are issuer reported; the amount raised cannot be credited to him alone.

Relevance: Relevant to exploration financing and investor engagement.

Annual report for year ended 30 June 2026 (printed p. 12)

Environmental record

Yandan legacy rehabilitation

2021–2026 · issuer reported · medium materiality

GBM reported a 2021 Yandan environmental protection order completed in FY2022, before Krelle joined the board. In FY2026 it reported an increase in estimated rehabilitation costs. The legacy order is not a personal fault finding.

Attribution: Employer context; no individual link established. The order predated his appointment; ongoing site obligations are company-level context.

Relevance: Relevant to oversight of legacy liabilities.

Annual report 2022 (printed pp. 51–52); Annual report for year ended 30 June 2026 (note 29 environmental bonds)

Governance and interests

Shareholder questions capital raising and meeting access

2025–October 2026 · documented · high materiality

In the 14 October 2026 AGM notice, shareholder Stephen Mayne questioned the absence of share-purchase plans following the June and October 2025 placements and the physical-only meeting. The board defended its funding approach and recommended voting against his proposed board election. The vote was scheduled for 17 November and was not yet known at the cutoff.

Attribution: Role overlaps event; causation unproven. Board-level disagreement; no finding of misconduct or individual causal responsibility.

Relevance: Relevant to capital access and shareholder engagement.

Notice of 2026 annual general meeting (pp. 14–16, Mayne statement and board response)

Two previously listed managers have unconfirmed current roles

February–October 2026 · documented · medium materiality

GBM’s February 2026 presentation named Themi Kailis corporate development manager; its July 2026 presentation named Edward Jelicich-Kane principal geologist. Neither is named on the undated leadership page viewed at cutoff. Their continuation or departure could not be established, so neither has been classified as a current or former executive.

Attribution: Role overlaps event; causation unproven. The issuer sources establish dated roles, but not the later status or reason for any change.

Relevance: Relevant to current leadership continuity.

Corporate presentation February 2026 (p. 20); Noosa Mining Conference corporate presentation (p. 19); Leadership (executive management)

Evidence gaps

• Independent verification of qualifications and full past employer dates remains incomplete.

• No direct evidence assigns the prior environmental order to Krelle.

• Themi Kailis and Edward Jelicich-Kane were listed in February and July 2026 respectively, but their cutoff-date roles remain unconfirmed.