Kingsgate Consolidated Limited

Career chronology

• Current; appointment date not disclosed: Kingsgate Consolidated Limited — Executive Chairman; subsidiary Akara chair. September 2026 Quarterly Report (PDF p. 14); 2026 Annual Report (PDF p. 32)

• Dates not disclosed: Clayton Robard Management Limited — Founding director; investment management across minerals/mining. 2026 Annual Report (PDF p. 32)

• Dates not disclosed: Australian Jockey Club Limited — Former chairman. 2026 Annual Report (PDF p. 32)

Personal achievements

Issuer credits Smyth-Kirk with Chatree's rejuvenation

FY2023-FY2026 · issuer reported · medium materiality

Kingsgate calls Smyth-Kirk the chief architect of Chatree's rejuvenation following the 2016 closure and return to full operations. FY26 output was 86,078 oz gold and 766,009 oz silver; these results are not solely attributable to him.

Attribution: Individual involvement documented. The annual report directly credits his leading role but does not quantify his individual contribution to FY26 output.

Relevance: Relevant to chair-level delivery and oversight.

2026 Annual Report (PDF p. 32 biography; pp. 26-29 operating results)

Litigation and enforcement

Akara was found liable in a historical community environmental case

24 March 2026; historic impacts · documented · high materiality

The Bangkok Civil Court ruled against Akara on 24 March 2026 in a villagers' claim over historical environmental and health impacts, ordering compensation and care. Akara says it disagrees and intends to appeal. The ruling is against Akara, not Smyth-Kirk personally.

Attribution: Role overlaps event; causation unproven. Smyth-Kirk was KCN Executive Chairman and Akara subsidiary chair at the 2026 hearing; no role in historic events or personal liability was established.

Relevance: Material group-level legal/environment oversight issue; individual responsibility is unestablished.

Thai court holds gold mine operator liable for toxic runoff in a decade-old environmental case (court result and management response); Akara statement on civil judgment and intended appeal (issuer response, 26 March 2026); 2026 Annual Report (PDF pp. 76 and 81, Note 17/legal proceedings)

Earlier defamation claim was dismissed on procedural grounds

2006-2010 · documented · low materiality

A later defamation claim over a 2006 AJC election letter was dismissed as abuse of process after damages for the same harm had been recovered in an earlier action. The appeal was dismissed and High Court special leave refused. The courts did not decide the merits of the alleged defamatory content.

Attribution: Individual involvement documented. Smyth-Kirk was named as defendant; dismissal was procedural/duplicate recovery, not a merits finding.

Relevance: Unrelated to mining/current governance; low materiality.

Bracks v Smyth-Kirk [2008] NSWSC 930 (paras. 1-5, 53-55); Bracks v Smyth-Kirk [2009] NSWCA 401 (case outcome); Special leave results, Sydney 28 May 2010 (p. 1, special-leave outcome)

Suitability for the current role

Investment-management and board experience is relevant to executive chair

Current at cutoff · analyst inference · medium materiality

KCN reports mining/investment-management experience, 46 years of board experience, current Akara chairmanship and BCom/CPA/FCSI qualifications. Claims are issuer-reported and not independently checked.

Attribution: Responsibility not applicable. Role-fit inference, not a personal-integrity assessment.

Relevance: Relevant to capital allocation and oversight.

2026 Annual Report (PDF p. 32 biography/responsibilities)

Evidence gaps

• KCN chair appointment date and individual contribution to FY26 results are not disclosed.

• The civil judgment is against Akara; no personal liability finding was identified and appeal status was not verified.

• The separate defamation proceeding was dismissed procedurally; no merits finding was made.

Career chronology

• MD/CEO since 3 February 2023: Kingsgate Consolidated Limited — Managing Director and CEO; joined company in 2013. Appointment of new Director and Managing Director (pp. 1-2); 2026 Annual Report (PDF p. 32)

• Before joining KCN in 2013: Australian Government — Chief Advisor across metals and coal mining portfolios. Appointment of new Director and Managing Director (pp. 1-2); 2026 Annual Report (PDF p. 32)

Personal achievements

Issuer credits Gibson with a key role in Chatree restart/ramp-up

2023-FY2026 · issuer reported · medium materiality

KCN says Gibson played a key role in Chatree's successful restart and ramp-up, leading to return to production. FY26 output was 86,078 oz gold and 766,009 oz silver; annual results are company-level.

Attribution: Individual involvement documented. Issuer explicitly credits a key role, but does not quantify his share of annual results.

Relevance: Relevant to CEO delivery.

2026 Annual Report (PDF p. 32 biography; pp. 26-29 results)

Business failures and setbacks

Plant interruption, rain and pit geotechnical challenges affected guidance

FY26 Q4-Q1 FY27 · issuer reported · medium materiality

September-quarter report records a Plant 1 interruption, rainfall and pit geotechnical challenges, about 3,000 oz delayed into FY2028 and FY27 guidance of 75-85 koz gold and 650-750 koz silver. No individual cause is attributed.

Attribution: Role overlaps event; causation unproven. Gibson was CEO during the period; reports do not attribute the events to him.

Relevance: Relevant to operating and guidance risk.

September 2026 Quarterly Report (PDF pp. 2-4)

Litigation and enforcement

Akara was found liable for historic environmental and health impacts

24 March 2026; historic impacts · documented · high materiality

The Bangkok Civil Court ruled against Akara on 24 March 2026; AP reports compensation and care awards. Akara says it disagrees and intends to appeal. The ruling concerns Akara and predates Gibson's CEO appointment; no personal liability was found.

Attribution: Role overlaps event; causation unproven. Gibson was CEO at the ruling; sources do not connect him to historic events or establish personal liability.

Relevance: Current group-level legal/environment risk for the CEO, with historical attribution limits.

Thai court holds gold mine operator liable for toxic runoff in a decade-old environmental case (court result); Akara statement on civil judgment and intended appeal (issuer response); 2026 Annual Report (PDF pp. 76 and 81)

Suitability for the current role

Mining, government and capital-markets experience suits CEO remit

Current at cutoff · analyst inference · medium materiality

KCN reports service since 2013, government Chief Advisor work, MBA/business-practice certificate/management diploma and AICD graduate status; it credits him with a key restart role.

Attribution: Responsibility not applicable. Role-fit inference, not a claim of sole causation or integrity.

Relevance: Relevant to operations, government and capital markets.

Appointment of new Director and Managing Director (pp. 1-2); 2026 Annual Report (PDF p. 32)

Evidence gaps

• Issuer does not quantify Gibson's contribution to FY26 output/results.

• The Thai judgment concerns historic events before his CEO appointment; no personal liability finding was identified.

• Q1 setbacks are company-level; no individual causal responsibility was established.

Career chronology

• Appointed 17 July 2025: Kingsgate Consolidated Limited — Chief Financial Officer. 2026 Annual Report (PDF p. 31); September 2026 Quarterly Report (PDF p. 14)

• Dates not disclosed: Investec — Corporate finance/investment banking; KCN funding partner until 2021. Management (Mischa biography)

• Dates not disclosed: Deloitte — Corporate finance/advisory. Management (Mischa biography)

Personal achievements

Issuer says Mutavdzic negotiated KCN debt funding

After 2021; CFO from July 2025 · issuer reported · medium materiality

KCN says Mutavdzic continued as a consultant after Investec's funding/banking partnership ended in 2021, negotiated debt funding and worked with management on finance initiatives. Terms and personal contribution were not independently corroborated.

Attribution: Individual involvement documented. Issuer directly attributes the negotiation; terms/outcomes are not independently detailed.

Relevance: Relevant to CFO funding/capital management.

Management (Mischa biography); September 2026 Quarterly Report (PDF p. 14)

Litigation and enforcement

Akara was found liable for historic environmental/health impacts

24 March 2026; historic impacts · documented · medium materiality

Court ruled against Akara on 24 March 2026; Akara says it disagrees and intends to appeal. Mutavdzic became CFO after the historical alleged-impact period; no personal liability was identified.

Attribution: Role overlaps event; causation unproven. CFO at 2026 ruling, but no link to historical events or personal liability was established.

Relevance: Current group legal/environment context; attribution is limited.

Thai court holds gold mine operator liable for toxic runoff in a decade-old environmental case (court result); Akara statement on civil judgment and intended appeal (issuer response); 2026 Annual Report (PDF pp. 76 and 81)

Suitability for the current role

Mining-finance/advisory background aligns with CFO role

Current at cutoff · analyst inference · medium materiality

Issuer reports 20+ years in mining corporate finance/capital markets, Deloitte/Investec roles, finance and mineral-economics master's degrees and CFA Charterholder status; credentials were not independently verified.

Attribution: Responsibility not applicable. Role-fit inference, not a forecast or integrity conclusion.

Relevance: Relevant to funding, reporting and capital markets.

Management (Mischa biography); September 2026 Quarterly Report (PDF p. 14)

Evidence gaps

• Issuer does not independently detail the debt-funding terms or his individual contribution.

• No independent confirmation of education or CFA membership was completed.

• Akara case concerns historic events; no personal liability finding was identified.

Career chronology

• Appointed 27 March 2026: Kingsgate Consolidated Limited — Company Secretary. Change of Company Secretary (p. 1); September 2026 Quarterly Report (PDF p. 14)

• Prior/ongoing; dates and employer sequence not established: Governance-services work (Source profile) — In-house and outsourced company-secretarial work; details reported by Source. Jade Cook (employment/experience)

Education and qualifications

Reported business-management and corporate-governance degrees

At 27 March 2026 · issuer reported · medium materiality

KCN reports a bachelor's in Business Management and master's in Corporate Governance. Source profile for Jade Cook lists BA Business Management and MSc Corporate Governance; same-person link is likely based on name, role and matching degrees but not proven.

Attribution: Responsibility not applicable. KCN reports the qualifications; Source detail carries identity caveat.

Relevance: Relevant to company-secretarial/governance work.

Change of Company Secretary (p. 1); Jade Cook (qualifications)

Suitability for the current role

Company-secretarial experience aligns with governance and disclosure responsibilities

Current at cutoff · analyst inference · medium materiality

KCN appointed Cook effective 27 March 2026 and reports in-house/outsourced experience working with boards and management across jurisdictions. Source profile describes governance/compliance work, subject to identity caveat.

Attribution: Responsibility not applicable. Role-fit inference; no personal governance breach is alleged.

Relevance: Relevant to ASX disclosure and board administration.

Change of Company Secretary (p. 1); Management (Jade biography); Jade Cook (profile)

Evidence gaps

• Source profile's prior employer/career details are a likely same-person match, not fully corroborated.

• Degrees and membership were not checked with universities/professional bodies.

• No exhaustive sanctions, litigation or credentials check was performed.

Career chronology

• EGM Chile by 30 October 2026; earlier Bowdens role in 2013; intervening dates unknown: Kingsgate Consolidated Limited — Executive General Manager, Chile; earlier Bowdens community relations. September 2026 Quarterly Report (PDF p. 14); Management (Bronwyn biography)

• Most recent role before return to Kingsgate per issuer profile: Commonwealth Bank of Australia — Strategic communications/stakeholder/advisory work; title and dates undisclosed. Management (Bronwyn biography)

Contributions and company outcomes

Nueva Esperanza work advanced while Parry held Chile executive role

FY26-September 2026 · issuer reported · low materiality

KCN reports FY26 water infrastructure/permitting work and metallurgical drilling commencing in July; the quarterly directory lists Parry as EGM Chile. No source attributes individual milestones to her.

Attribution: Role overlaps event; causation unproven. Role overlaps Chile project work; personal responsibility for individual milestones is not specified.

Relevance: Relevant to Chile development/stakeholder remit; project remains developmental.

2026 Annual Report (PDF pp. 27-28); September 2026 Quarterly Report (PDF p. 14)

Suitability for the current role

Stakeholder, communications and geology background is relevant to Chile remit

Current at cutoff · analyst inference · medium materiality

Issuer reports strategic communications/marketing/stakeholder experience, a prior 2013 Bowdens community-relations role, BCom/BSc Geology, MSc Strategic Communication and AusIMM associate membership.

Attribution: Responsibility not applicable. Fit inference from issuer biography; current role start date unknown.

Relevance: Relevant to permitting and stakeholder interface.

Management (Bronwyn biography); September 2026 Quarterly Report (PDF p. 14)

Evidence gaps

• Effective date and detailed EGM Chile remit are not disclosed.

• Undated detailed bio retains old title; the dated quarter is used.

• No independently attributed project delivery result was found.

Career chronology

• Appointed to management 30 April 2024; latest title per 2026 quarter: Kingsgate Consolidated Limited — General Manager Geology; later GM Technical – Nueva Esperanza. Corporate Update (p. 1); September 2026 Quarterly Report (PDF p. 14)

• Earlier; dates unknown: Newmont Holdings — Mine geologist, Telfer. Corporate Update (p. 1); Management (Jillian biography)

• Sequence reported; exact dates unknown: BHP; Newcrest Mining — VP Geoscience/Technical Capability; later Head of Mineral Resource Management. Corporate Update (p. 1); Management (Jillian biography)

• Served in 2023: Lundin Gold — Non-executive director. Corporate Update (p. 1); Management (Jillian biography)

Personal achievements

Terry's technical and JORC experience supports the technical function

Career through cutoff · issuer reported · medium materiality

KCN appointed Terry in 2024 and reports 40+ years of geology work, BSc (Hons), postgraduate Mineral Economics qualifications, AusIMM Fellowship and JORC Executive Committee membership since 2011. Claims are issuer-reported; credentials were not independently checked.

Attribution: Individual involvement documented. Appointment and biography directly identify her experience and qualifications; no project result is inferred from credentials.

Relevance: Relevant to technical review/development work.

Corporate Update (p. 1); September 2026 Quarterly Report (PDF p. 14); Management (Jillian biography)

Contributions and company outcomes

Nueva Esperanza technical/permitting work continued through FY26

FY26-September 2026 · issuer reported · low materiality

Annual report records infrastructure/permitting and metallurgical-sample drilling; directory lists Terry's project technical role. Milestones are not individually attributed.

Attribution: Role overlaps event; causation unproven. Her role overlapped project work; no personal causation established.

Relevance: Relevant to development-stage technical role; not project approval/construction.

2026 Annual Report (PDF pp. 27-28); September 2026 Quarterly Report (PDF p. 14)

Suitability for the current role

Global geology and technical experience aligns with project role

Current at cutoff · analyst inference · medium materiality

Issuer biographies describe Newmont, BHP and Newcrest technical positions, Lundin Gold board work in 2023 and AusIMM/JORC credentials; dates for most roles are absent.

Attribution: Responsibility not applicable. Role-fit inference; prior employer outcomes are not attributed.

Relevance: Relevant to technical/resource oversight.

Corporate Update (p. 1); Management (Jillian biography)

Evidence gaps

• Exact dates for most prior roles and title-change effective date are unavailable.

• Credentials and employment are issuer-reported; direct employer/university verification was not performed.

• Project milestones remain company-level absent individual attribution.

Career chronology

• Current; appointment date not stated: Kingsgate Consolidated Limited — GM Technical Studies and Geology. September 2026 Quarterly Report (PDF p. 14); Management (Racquel biography)

• At least by 2020: Turquoise Hill Resources — Director of Resources and Exploration; technical report author/QP. Oyu Tolgoi 2020 Technical Report NI 43-101 (signed certificate p. 1)

• Earlier career: Kinross Gold; Glencore — Senior/global geology roles; exact titles/dates not disclosed. Management (Racquel biography)

Personal achievements

Kolkert compiled KCN resource information as Competent Person

2020 and FY2026 · documented · medium materiality

KCN names Kolkert as compiler of Chatree and South-East Complex Mineral Resource information and records AusIMM Fellow status and no perceived material conflict in preparing the information. Turquoise Hill independently identifies her as Director Resources & Exploration and technical-report author in 2020.

Attribution: Individual involvement documented. Filings directly identify technical-report responsibility; this is not independent validation of the estimates.

Relevance: Highly relevant to technical studies and public reporting.

2026 Annual Report (PDF p. 24 (printed p. 22), CP statement); Oyu Tolgoi 2020 Technical Report NI 43-101 (signed certificate p. 1)

Suitability for the current role

Resource geology and QP experience fit technical-studies remit

Current at cutoff · analyst inference · medium materiality

Issuer reports 25+ years across operations/projects/resources/exploration and roles at Kinross, Turquoise Hill/Rio Tinto and Glencore. Turquoise Hill confirms BSc (Hons)/AusIMM CP; AusIMM's 2024 committee list includes her.

Attribution: Responsibility not applicable. Fit inference based on technical work/designations; prior-role dates incomplete.

Relevance: Relevant to resource evaluation/disclosure.

Management (Racquel biography); Oyu Tolgoi 2020 Technical Report NI 43-101 (signed certificate p. 1); Chartered Professional Program news: new discipline and election results (2024 committee list)

Evidence gaps

• Exact appointment date and prior-company chronology are incomplete.

• No independent audit of resource estimates or verification of all credentials was performed.

• No personal adverse finding emerged in limited name searches; this is not a clearance.

Career chronology

• Acting appointment announced 9 September 2024; later current title per 2026 quarter: Kingsgate Consolidated Limited — Process Manager; Acting GM Operations; current GM Operations. Chatree Gold Mine Update (pp. 1-2); September 2026 Quarterly Report (PDF p. 14)

• Earlier career: RGC Mineral Sands; Perseus; Ambatovy; PT Keliam; PT Agincourt; Sepon; Tasiast; Lihir — Mining/process work at listed sites; titles/dates undisclosed. Chatree Gold Mine Update (p. 2, career history)

Contributions and company outcomes

Chatree plants operated above nameplate during Kennedy's operations tenure

2024-FY2026 · issuer reported · medium materiality

KCN's 2024 release said both plants exceeded combined nameplate and named Kennedy as Acting GM Operations. FY26 report records 5.47 Mt treated, 86,078 oz gold and 766,009 oz silver; company results are not solely attributable to him.

Attribution: Role overlaps event; causation unproven. Operations role overlaps results; no personal attribution for all output.

Relevance: Relevant to operations execution and scale-up.

Chatree Gold Mine Update (pp. 1-2); 2026 Annual Report (PDF pp. 26-29)

Industrial safety

Q1 FY27 TRIFR improved; no individual cause established

September 2026 quarter · issuer reported · medium materiality

KCN reported Q1 FY27 TRIFR of 5.6, down from 7.1 in the June quarter. It is a company metric; no personal incident or safety breach by Kennedy was identified.

Attribution: Role overlaps event; causation unproven. Operations role overlaps metric; cause and individual control are not disclosed.

Relevance: Relevant to safety oversight; metric alone does not establish control effectiveness.

September 2026 Quarterly Report (PDF pp. 2-3); 2026 Annual Report (PDF p. 26, FY26 TRIFR)

Suitability for the current role

Process and multi-commodity experience aligns with Chatree

Career through cutoff · analyst inference · medium materiality

KCN reports 40+ years in mining and processing, multi-commodity/site experience and advanced leadership/WHS/processing qualifications. Exact dates and job titles at most sites are absent.

Attribution: Responsibility not applicable. Role-fit inference from issuer biography; employer verification not done.

Relevance: Relevant to plant performance, maintenance and safety.

Chatree Gold Mine Update (pp. 1-2); Management (Bob biography)

Evidence gaps

• Exact dates and job titles at past sites are not provided.

• FY26/Q1 results are company-level, not solely attributable to Kennedy.

• No comprehensive incident/regulator or credential check was performed.

Career chronology

• Joined 2011; current title date unknown: Akara Resources — GM Sustainability; oversees regulatory, community and government engagement. Management (Cherdsak biography); Thai court holds gold mine operator liable for toxic runoff in a decade-old environmental case (current title at hearing)

• Nearly three decades before Akara; dates/positions not detailed: Thailand Department of Mineral Resources — Geology, policy and international coordination roles. Management (Cherdsak biography)

• Dates not stated: Gem and Jewellery Institute of Thailand — Policy and planning expert; dates not stated. Management (Cherdsak biography)

Environmental record

Akara found liable for historical environmental and health impacts

24 March 2026; historical impacts alleged · documented · high materiality

Bangkok Civil Court ruled against Akara on 24 March 2026, ordering compensation/remediation in villagers' case. Akara disagrees and intends to appeal. Utha-aroon joined Akara in 2011 and AP identifies him as sustainability GM at the hearing, but sources do not establish his role/responsibility during alleged impacts or personal liability.

Attribution: Responsibility unresolved. Finding is against Akara. His 2011 joining date overlaps broad period, but precise historical role is not established; hearing response is not culpability.

Relevance: Material to current sustainability/community responsibilities; attribution limits are substantial.

Thai court holds gold mine operator liable for toxic runoff in a decade-old environmental case (judgment and management response); Akara statement on civil judgment and intended appeal (26 March issuer response); Management (current biography)

Litigation and enforcement

Report says Utha-aroon acknowledged company-level DSI charges

2018 company charges; distinct 2021 inquiry · alleged · medium materiality

The Nation reports Akara acknowledged charges concerning alleged land-right documents/encroachment and names Utha-aroon as the general manager who acknowledged them for the company. It does not say he was personally charged or found liable. A distinct 2021 DSI inquiry concerned company nominee shareholding; outcomes are unverified.

Attribution: Individual involvement documented. Directly reported as acknowledging charges against Akara, not as their subject.

Relevance: Relevant to historical company regulatory context but not evidence of personal wrongdoing.

Gold mine company acknowledges charges (28 August 2018 article); DSI accepted to investigate Akara case under Foreign Business Act (company-level inquiry; outcome not established)

Suitability for the current role

Regulatory/community and geology experience fits sustainability remit

Current at cutoff · analyst inference · medium materiality

KCN says Utha-aroon joined Akara in 2011, currently oversees regulatory, community and government engagement, spent nearly three decades at Thailand's DMR, and worked at the Gem and Jewellery Institute. It reports an MSc Geology; dates/credential verification are unavailable.

Attribution: Responsibility not applicable. Fit inference, not trustworthiness conclusion.

Relevance: Relevant to permitting and community/regulatory interfaces.

Management (Cherdsak biography); Thai court holds gold mine operator liable for toxic runoff in a decade-old environmental case (current title at hearing)

Evidence gaps

• Civil judgment is against Akara; no personal liability finding was identified.

• Joining date does not establish his title or specific responsibility during historical alleged impacts.

• Akara announced intention to appeal; filing/status and outcome not independently verified.

• Outcomes of reported 2018 charges and separate 2021 DSI inquiry remain unverified.

• Prior positions and master's qualification were not independently checked.