IperionX Limited

Career chronology

• 24 May 2021–current: IperionX Limited — Executive Chairman. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.78, appointment and biography)

• Prior experience; dates not stated: Piedmont Lithium; Aston Resources; Hanson PLC; BHP Billiton — Founder, CEO, investor and non-executive roles as described by issuer. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.78, executive biography)

• Listed as a director during FY2019: Paringa Resources Limited — Director. Annual Report for year ended June 30, 2019 (Directors’ report, director listing)

Contributions and company outcomes

IperionX reported a production scale-up milestone

Quarter ended 2026-09-30 · issuer reported · medium materiality

For the September 2026 quarter, IperionX reported 8.7 tonnes of titanium powder production, 19 tonnes of finished inventory and validated HAMR furnace capacity above the 200 tpa target annualized run-rate. These are early scale-up outcomes; the report states customer qualification and commercial execution remain priorities.

Attribution: Role overlaps event; causation unproven. The company reported the result while Hannigan was Executive Chairman; the quarterly report does not assign his individual contribution.

Relevance: Relevant to oversight of the company’s move from commissioning toward operating scale.

September 2026 Quarterly Report (Highlights, operations – titanium powder manufacturing)

Business failures and setbacks

Paringa’s Poplar Grove ramp encountered operating and cash pressure

2019 · issuer reported · medium materiality

Paringa’s FY2019 report described production ramp-up at Poplar Grove. A later 2019 company notice reported a geological fault that materially reduced production and could cause cash to fall below a loan-facility minimum. Hannigan was listed as a Paringa director in FY2019. The filings do not connect him to the mine plan, fault identification or operating decisions.

Attribution: Role overlaps event; causation unproven. The evidence establishes board tenure during the FY2019 operating period but does not establish individual causation or fault. A 2020 subsidiary Chapter 11 and Paringa delisting are not attributed because his board status at that date was not resolved in the sources reviewed.

Relevance: Relevant as prior board oversight context; company events should not be treated as a personal failure.

Annual Report for year ended June 30, 2019 (Directors’ report and operating review); Update on Trading Halt (Poplar Grove fault and liquidity disclosure); Paringa to Delist from Nasdaq (Issuer release, subsidiary Chapter 11 filing and subsequent Nasdaq delisting notice)

Suitability for the current role

Resources and project leadership experience

Career through 2026 · analyst inference · medium materiality

The issuer reports more than 29 years in global natural resources across company founding, CEO, private-capital and non-executive roles, and identifies prior work at Piedmont Lithium, Aston Resources, Hanson and BHP. He holds a Mining Engineering degree from UQ and an MBA from INSEAD. These claims are issuer-reported; specific employer dates and outcomes are not independently reconciled.

Attribution: Responsibility not applicable. This describes the issuer’s biography and qualifications; it does not establish personal responsibility for outcomes at past employers.

Relevance: Relevant experience for strategic oversight of a titanium manufacturing and scale-up business.

Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.78, biography and other public directorships)

Evidence gaps

• Career dates and reported qualifications are not independently verified; broad employer history and project-specific individual contributions remain incomplete.

• Targeted public-index searches and selected issuer filings are not an exhaustive court, ASIC, SEC enforcement, safety or employment-record check. No person should be treated as cleared.

• Paringa operating matters overlapped with a documented FY2019 director role, but individual decision-making is not shown. Hannigan’s board status at the subsidiary’s 2020 Chapter 11 filing was not resolved and that later event is not attributed.

Career chronology

• Executive Director from 1 December 2020; CEO/MD from 1 March 2021: IperionX Limited — Founder, Executive Director, Managing Director and CEO. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.78, appointment dates)

• Director from October 2016 to June 2021: Piedmont Lithium — Founder and director. Form 20-F for fiscal year ended December 31, 2018 (Director tenure table); Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.78, issuer biography)

• November 2021–current: InVert Graphite Limited — Director. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.78, other public directorships)

Contributions and company outcomes

IperionX reported powder-production and capacity validation progress

Quarter ended 2026-09-30 · issuer reported · medium materiality

For the September 2026 quarter, IperionX reported 8.7 tonnes of titanium powder production, 19 tonnes of finished inventory and validated HAMR furnace capacity above the 200 tpa target annualized run-rate. The report says downstream customer qualification and commercial execution remain priorities.

Attribution: Role overlaps event; causation unproven. The company reported the result while Arima was CEO/Managing Director; no individual contribution is separately assigned.

Relevance: Relevant to assessing current operating execution, while customer qualification and commercial performance remain ongoing.

September 2026 Quarterly Report (Highlights, operations – titanium powder manufacturing)

Litigation and enforcement

Piedmont shareholder litigation overlapped with part of Arima’s director tenure

Claims concerned statements from 2018–2021; dismissals in 2024 · alleged · medium materiality

Piedmont disclosed a securities class action alleging misleading statements about permit timing/status and derivative actions alleging fiduciary-duty breaches against certain officers/directors. The company reported that the class action was dismissed on 18 January 2024 and that the derivative suits were dismissed with prejudice in March 2024. Arima’s Piedmont director tenure ended in June 2021, overlapping the disclosed statement period. The reviewed disclosures do not establish that Arima was individually named or responsible.

Attribution: Role overlaps event; causation unproven. The matter concerns allegations and company-level proceedings, not a finding against Arima; no individual conduct is attributed.

Relevance: Relevant to governance review because of role overlap, with material limitation that personal involvement is not established and claims were dismissed.

Form 20-F for fiscal year ended December 31, 2018 (Director tenure table); Quarterly Report for quarter ended September 30, 2024 (Legal proceedings; claim period and reported dismissals)

Suitability for the current role

Founder and critical-materials development experience

Career through 2026 · analyst inference · medium materiality

IperionX reports that Arima founded the company, has more than 16 years in founding and developing critical-materials companies, and was a Piedmont Lithium founder/director. The issuer reports a Bachelor of Commerce from UWA; it says he studied Engineering but does not state that he completed that degree.

Attribution: Responsibility not applicable. This is issuer-reported biography and education, not independent verification or proof of project delivery.

Relevance: Relevant to company formation, financing and critical-materials development; the record does not quantify his individual contribution to prior project outcomes.

Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.78, biography); Form 20-F for fiscal year ended December 31, 2018 (Director biography and tenure)

Evidence gaps

• Career dates and reported qualifications are not independently verified; broad employer history and project-specific individual contributions remain incomplete.

• Targeted public-index searches and selected issuer filings are not an exhaustive court, ASIC, SEC enforcement, safety or employment-record check. No person should be treated as cleared.

• Piedmont litigation allegations overlapped with part of Arima’s documented director tenure. The reviewed company filings describe dismissal outcomes but do not establish whether he was personally named or responsible.

Career chronology

• Advisory board member and Chief Strategy Officer from 2021; President effective 1 November 2022: IperionX Limited — Chief Strategy Officer; President from 1 November 2022. IperionX Appoints Toby Symonds as Company President (Appointment release; prior advisory/strategy roles and effective date); Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80)

• More than 11 years, dates not stated: JPMorgan and Morgan Stanley — Investment banking roles. IperionX Appoints Toby Symonds as Company President (Prior career summary)

• Prior experience; dates not stated: SAC Capital; ENA Investment Capital; Altai Capital Management — Business development managing director; founding partner roles. IperionX Appoints Toby Symonds as Company President (Prior career summary)

• Prior advisory roles; dates not stated: Coliseum Capital Management; Sweetwater Capital Partners; Mosaic Real Estate Investors — Senior advisor. IperionX Appoints Toby Symonds as Company President (Prior career summary)

Suitability for the current role

Capital-markets and strategy experience

Career through 2026 · analyst inference · medium materiality

The issuer reports more than 30 years in finance and asset management, advisory roles across private equity and real estate, leadership at hedge-fund and investment-banking firms, and prior roles at JPMorgan, Morgan Stanley, SAC Capital, ENA and Altai. It reports a North Carolina State University degree; degree field and independent verification were not stated in the reviewed source.

Attribution: Responsibility not applicable. Career details are issuer-reported, with limited dates and no independent performance assessment of prior mandates.

Relevance: Relevant to strategy, capital markets and commercial development; the public evidence does not establish project-delivery responsibility.

Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80, biography and education); IperionX Appoints Toby Symonds as Company President (Appointment release and prior-career details)

Evidence gaps

• Career dates and reported qualifications are not independently verified; broad employer history and project-specific individual contributions remain incomplete.

• Targeted public-index searches and selected issuer filings are not an exhaustive court, ASIC, SEC enforcement, safety or employment-record check. No person should be treated as cleared.

• The issuer lists prior firms and an 11-year combined JPMorgan/Morgan Stanley period but does not date most mandates or quantify individual outcomes.

Career chronology

• Executive officer effective 1 September 2022: IperionX Limited — Chief Operating Officer. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80, appointment date)

• Issuer says most recent prior roles; dates not stated: Performance Industries; DRA Taggart — Founder and senior management / engineering and operations roles. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80, biography)

Contributions and company outcomes

IperionX reported production scale-up progress

Quarter ended 2026-09-30 · issuer reported · medium materiality

For the September 2026 quarter, IperionX reported 8.7 tonnes of titanium powder production, 19 tonnes of finished inventory and validated HAMR furnace capacity above the 200 tpa target annualized run-rate. Customer qualification and commercial execution remained ongoing.

Attribution: Role overlaps event; causation unproven. The result occurred while Sparks was COO; the quarterly report does not assign specific individual contribution.

Relevance: Directly relevant to operations responsibilities, while the plant remains in a scale-up and customer-qualification phase.

September 2026 Quarterly Report (Highlights, operations – titanium powder manufacturing)

Governance and interests

Related-party engineering and construction services were disclosed

FY2026 · documented · medium materiality

IperionX reported that Performance Industries, Inc., a company associated with Sparks, was paid or payable US$70,660 in FY2026 for engineering and construction services; the company said the services were on arm’s-length or better terms. This is a disclosed related-party transaction, not an allegation of misconduct.

Attribution: Individual involvement documented. The annual report documents the association, payment and company’s stated terms; it does not establish that Sparks personally approved the procurement or that the terms were independently tested.

Relevance: Relevant to related-party controls and procurement oversight; amount is modest relative to the company.

Form 20-F for fiscal year ended June 30, 2026 (Item 7.B, p.92, other transactions with KMP)

Suitability for the current role

Plant engineering and operations experience

Career through 2026 · analyst inference · medium materiality

The issuer reports more than 30 years in engineering and senior leadership for industrial plant design, construction and operations in critical resources, including Performance Industries and DRA Taggart. It reports a Mining Engineering degree from West Virginia Institute of Technology. These statements are issuer-reported.

Attribution: Responsibility not applicable. The available sources do not independently verify prior delivery outcomes or establish that Sparks personally led every listed project.

Relevance: Highly relevant background for plant construction, commissioning and operations at a manufacturing scale-up.

Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80, biography and appointment date)

Evidence gaps

• Career dates and reported qualifications are not independently verified; broad employer history and project-specific individual contributions remain incomplete.

• Targeted public-index searches and selected issuer filings are not an exhaustive court, ASIC, SEC enforcement, safety or employment-record check. No person should be treated as cleared.

• An Indiana appellate opinion names a Scott Sparks in a private personal-injury dispute; no evidence links that person to W. Scott Sparks of IperionX, so it is excluded as an unresolved namesake.

Career chronology

• Effective 1 December 2020: IperionX Limited — Chief Commercial Officer. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80, appointment date)

• Issuer lists prior roles; dates and titles not stated: Sovereign Metals; Rio Tinto; Oyu Tolgoi — Senior commercial roles. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80, biography)

• Prior experience; dates not stated: Ernst & Young Transaction Advisory Services — Commercial and transaction advisory work. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80, biography)

Suitability for the current role

Commercial, resource and transaction experience

Career through 2026 · analyst inference · medium materiality

IperionX reports more than 15 years of commercial experience, including senior roles with Sovereign Metals, Rio Tinto and Oyu Tolgoi, and prior EY transaction-advisory work. It reports BCom and BSc (Hons) degrees from UWA and CAANZ membership. Prior dates and project-specific outcomes are not independently verified.

Attribution: Responsibility not applicable. The issuer biography does not identify the dates or quantify Allen’s individual contribution to prior transactions.

Relevance: Relevant to commercial development, resource-company transactions and customer/offtake work.

Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.80, biography and appointment date)

Evidence gaps

• Career dates and reported qualifications are not independently verified; broad employer history and project-specific individual contributions remain incomplete.

• Targeted public-index searches and selected issuer filings are not an exhaustive court, ASIC, SEC enforcement, safety or employment-record check. No person should be treated as cleared.

• A Paringa filing names a Dominic Allen as VP Finance; identity with IperionX’s Dominic P. Allen is not established, so no Paringa outcome or role is attributed.

Career chronology

• Effective 21 December 2023: IperionX Limited — Chief Financial Officer. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.81, appointment date)

• Issuer lists career progression; dates and titles not stated: Arthur Andersen; Colgate-Palmolive; Jaguar Mining; REV Group; Proterra — Accounting and international finance leadership roles. Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.81, biography)

Suitability for the current role

Global finance leadership and public-company accounting experience

Career through 2026 · analyst inference · medium materiality

IperionX reports more than 25 years in global finance leadership across green technology, manufacturing, mining, industrial and consumer products, with U.S. public-company accounting, analysis and strategic-planning experience. It lists Arthur Andersen, Colgate-Palmolive, Jaguar Mining, REV Group and Proterra. It reports a BBA and Executive MBA. Prior employer titles and dates are not specified in the reviewed filing.

Attribution: Responsibility not applicable. The biography is issuer-reported and does not establish individual outcomes at prior companies.

Relevance: Relevant to public-company finance, reporting and funding oversight.

Form 20-F for fiscal year ended June 30, 2026 (Item 6.A, p.81, biography and appointment date)

Evidence gaps

• Career dates and reported qualifications are not independently verified; broad employer history and project-specific individual contributions remain incomplete.

• Targeted public-index searches and selected issuer filings are not an exhaustive court, ASIC, SEC enforcement, safety or employment-record check. No person should be treated as cleared.

• The issuer lists prior employers but not job titles or dates, preventing a reliable tenure-by-outcome assessment for those companies.

Career chronology

• Effective 16 February 2026: IperionX Limited — Company Secretary. Appointment of Company Secretary (Appointment release; role and effective date)

• More than 15 years’ experience; exact employers and dates not stated: Listed entities; major accounting firm — Company secretarial and corporate advisory services; due diligence. Appointment of Company Secretary (Appointment release; professional history and qualifications)

Suitability for the current role

Company-secretarial and corporate-advisory experience

Career through 2026 · analyst inference · medium materiality

The appointment release reports more than 15 years supporting listed entities with compliance and capital raisings, prior corporate-advisory and due-diligence work at a major accounting firm, a UWA Bachelor of Commerce, CAANZ and CISI memberships and FGIA status. The accounting firm and employment dates are not disclosed.

Attribution: Responsibility not applicable. Career and professional credentials are company-reported; independent employment or membership checks were not performed.

Relevance: Relevant to listing compliance, board support and market disclosure as Company Secretary.

Appointment of Company Secretary (Appointment release; role, professional history and qualifications)

Evidence gaps

• Career dates and reported qualifications are not independently verified; broad employer history and project-specific individual contributions remain incomplete.

• Targeted public-index searches and selected issuer filings are not an exhaustive court, ASIC, SEC enforcement, safety or employment-record check. No person should be treated as cleared.

• The company has not named the major accounting firm or provided a dated employment chronology in the sources reviewed.