Lynas Rare Earths Limited

Career chronology

• From 1 July 2026: Lynas — Interim Chief Executive Officer. Appointment of interim CEO (p. 1)

• Before July 2026: Lynas — Chief Operating Officer before interim CEO. Appointment of interim CEO (p. 1)

• Dates not disclosed: Rhodia/Rhône-Poulenc — Manufacturing, strategy and commercial roles. Our leadership team (Pol Le Roux)

Personal achievements

Reported career and responsibilities

Career prior to and at Lynas · issuer reported · low materiality

Lynas reports 26 years at Rhodia/Rhône-Poulenc and degrees from INSEAD, Grenoble and College Naval Brest. Independent qualification and precise tenure evidence remain incomplete.

Attribution: Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

Relevance: Experience relevant to stated senior position.

FY2026 annual report and Appendix 4E (p. 8); Our leadership team (Pol Le Roux)

Contributions and company outcomes

Operating output and profits increased

FY2025–2026 · issuer reported · high materiality

Lynas reported FY2026 ready-for-sale rare-earth oxides of 13,089 tonnes versus 10,462 in FY2025; revenue was A$977.9m versus A$556.5m and net profit A$222.4m versus A$8.0m. Higher rare-earth prices and sales mix also contributed. Le Roux was COO during the financial year and became interim CEO on 1 July 2026.

Attribution: Role overlaps event; causation unproven. Group-wide results reflect market prices and the contributions of many people; no sole personal attribution.

Relevance: Shows operating and financial outcomes in the prior COO period.

FY2026 annual report and Appendix 4E (pp. 1, 5, 17); Appointment of interim CEO (p. 1)

Industrial safety

Safety rates rose on one measure; company figures differ

FY2025–FY2026 · issuer reported · high materiality

The FY2026 annual report reports total recordable injuries at 4.1 per million hours versus 3.6 in FY2025 and lost-time injuries improving from 1.8 to 0.9. The later FY2026 sustainability report narrative states 4.2 while its performance table states 4.1; the discrepancy is unresolved. The company reports zero FY2026 fatalities.

Attribution: Role overlaps event; causation unproven. Le Roux oversaw group operations and HSE as COO, but company-wide rates do not establish personal causation.

Relevance: Relevant to group safety oversight and accuracy of safety reporting.

FY2026 annual report and Appendix 4E (p. 7); FY2026 sustainability report (pp. 18 and 40)

Environmental record

Malaysia licence, waste and disputed water claims

2018–October 2026 · disputed · high materiality

Malaysia renewed Lynas’s operating licence for ten years from 3 March 2026, with a five-year review and requirements to end radioactive residue generation and treat covered residue below 1 Bq/g. A 2026 media article alleges contamination of Sungai Balok; a 2024 parliamentary report said the environmental agency found no evidence attributing river pollution to Lynas, and Lynas disputed radionuclide claims in 2023. These statements address different periods and are not a definitive resolution. On 26 October 2026 the minister reported the disposal facility 77% complete at 31 August, with 1.45m tonnes transferred.

Attribution: Role overlaps event; causation unproven. Ahmad managed Malaysia operations and Le Roux was COO, but the conflicting sources do not establish personal wrongdoing or the cause of river pollution.

Relevance: Important environmental oversight and licence condition.

2026 Lynas Malaysia operating licence renewal (renewal and treatment conditions); Balok plant and river concerns (Sungai Balok claims and company response); Parliament report on Lynas residue management (pp. 6–7 agency monitoring); Lynas refutes radionuclide claims (company statement); Permanent disposal facility project update (minister’s October statement)

Governance and interests

Site leadership requires further reconciliation

2021–October 2026 · documented · medium materiality

Lynas’s 2025 signed compliance reports identify Chris Torrisi as resource development and operations EGM and Marcelle Watson as Kalgoorlie site senior executive; its February 2026 investor presentation also identifies Watson as geology manager. Their precise continuing titles at the cutoff are not independently established. Lynas’s undated leadership page lists Kam Leung as a current VP even though its 2021 presentation reports his retirement effective 31 December 2021.

Attribution: Role overlaps event; causation unproven. No assertion is made that Leung returned or that the site leaders departed.

Relevance: Highlights reliability limits in public leadership sources.

Mt Weld 2024 compliance assessment report (p. 10); Lynas FY26 half-year investor presentation (p. 21); 2021 Lynas investor presentation (p. 25); Our leadership team (Kam Leung)

Former US leadership and changed project plan

2026 · documented · medium materiality

A September 2026 industry report describes Vivienne Powe as a former Lynas USA CEO; her exact end date and any successor were not verified. Lynas’s FY2026 annual report says funding previously intended for a Texas heavy-rare-earth facility was reallocated to a US supply agreement and the Texas facility would not proceed.

Attribution: Role overlaps event; causation unproven. The sources establish a change in project direction and a reported past role, not the reason for a personal departure or personal responsibility.

Relevance: Relevant to succession and the US project transition.

VBX project and management update (leadership update); FY2026 annual report and Appendix 4E (p. 19, Lynas USA)

Evidence gaps

• Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

• Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• From March 2008: Lynas — Senior human resources manager, subsequently VP People & Culture. Our leadership team (Mimi Afzan Afza)

• Two years, dates not disclosed: Mieco Manufacturing — Human resources. Our leadership team (Mimi Afzan Afza)

Personal achievements

Reported career and responsibilities

Career prior to and at Lynas · issuer reported · low materiality

Issuer reports prior Mieco and Malaysian Newsprint roles, a management degree and a management master’s; institutions have not independently confirmed these.

Attribution: Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

Relevance: Experience relevant to stated senior position.

FY2026 annual report and Appendix 4E (p. 8); Our leadership team (Mimi Afzan Afza)

Governance and interests

Represented employee concerns over licence conditions

February 2023 · documented · medium materiality

In February 2023 Afza publicly relayed Lynas workers’ concerns about restrictions on Malaysian cracking and leaching, asking for fair treatment as they feared jobs would be affected.

Attribution: Individual involvement documented. This is documented employee advocacy, not an assessment of whether licence rules were appropriate.

Relevance: Shows direct engagement on workforce continuity.

Lynas employee appeal over licence conditions (quoted company vice president)

Evidence gaps

• Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

• Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• From 2008: Lynas Malaysia — Country manager, subsequently VP Malaysia. Our leadership team (Dato Sri Mashal Ahmad)

• Dates not disclosed: ICI, Eastman and PETRONAS — Chemical and energy roles. Our leadership team (Dato Sri Mashal Ahmad)

Personal achievements

Reported career and responsibilities

Career prior to and at Lynas · issuer reported · low materiality

Lynas reports a Nottingham production-engineering degree and prior ICI, Eastman and PETRONAS experience; specific roles and periods are not established.

Attribution: Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

Relevance: Experience relevant to stated senior position.

FY2026 annual report and Appendix 4E (p. 8); Our leadership team (Dato Sri Mashal Ahmad)

Environmental record

Malaysia licence, waste and disputed water claims

2018–October 2026 · disputed · high materiality

Malaysia renewed Lynas’s operating licence for ten years from 3 March 2026, with a five-year review and requirements to end radioactive residue generation and treat covered residue below 1 Bq/g. A 2026 media article alleges contamination of Sungai Balok; a 2024 parliamentary report said the environmental agency found no evidence attributing river pollution to Lynas, and Lynas disputed radionuclide claims in 2023. These statements address different periods and are not a definitive resolution. On 26 October 2026 the minister reported the disposal facility 77% complete at 31 August, with 1.45m tonnes transferred.

Attribution: Role overlaps event; causation unproven. Ahmad managed Malaysia operations and Le Roux was COO, but the conflicting sources do not establish personal wrongdoing or the cause of river pollution.

Relevance: Important environmental oversight and licence condition.

2026 Lynas Malaysia operating licence renewal (renewal and treatment conditions); Balok plant and river concerns (Sungai Balok claims and company response); Parliament report on Lynas residue management (pp. 6–7 agency monitoring); Lynas refutes radionuclide claims (company statement); Permanent disposal facility project update (minister’s October statement)

Expansion assessment sent back for revision

June–October 2026 · documented · medium materiality

On 23 June 2026 Lynas said Malaysia’s environment department requested an updated environmental impact assessment for its proposed expansion after technical review; Lynas said it would submit one. A later definitive assessment outcome was not established.

Attribution: Role overlaps event; causation unproven. Company disclosure does not identify personal fault or establish a breach.

Relevance: Relevant to Malaysia expansion planning and permitting.

Malaysian EIA process (p. 1)

Evidence gaps

• Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

• Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• Identified on 29 October 2026; commencement date unknown: Lynas — Chief External Affairs Officer. September quarter investor briefing transcript (opening speaker introduction)

• From December 2020; change date not established: Lynas — VP Strategy and Investor Relations. December 2020 quarterly report (p. 3)

• Dates not disclosed: Austrade — Senior trade and investment commissioner, Malaysia and Brunei; earlier commissioner Peru and Ecuador. December 2020 quarterly report (p. 3)

Personal achievements

Reported career and responsibilities

Career prior to and at Lynas · issuer reported · low materiality

Lynas reports prior Austrade roles. Its FY2026 annual roster names him VP Strategy and Investor Relations; the 29 October 2026 briefing transcript identifies him as Chief External Affairs Officer, consistent with the undated leadership page. The effective date of the title change is unconfirmed.

Attribution: Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

Relevance: Experience relevant to stated senior position.

FY2026 annual report and Appendix 4E (p. 8); Our leadership team (Daniel Havas); September quarter investor briefing transcript (opening speaker introduction)

Evidence gaps

• Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

• Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

• The effective date of Havas’s title change is unknown; the October briefing identification is a third-party transcript.

Career chronology

• From April 2021: Lynas — Marketing general manager, later VP sales and market development. 12th Rare Earth Summit speaker biography (Chris Jenney speaker biography)

Personal achievements

Reported career and responsibilities

Career prior to and at Lynas · issuer reported · low materiality

The 2021 conference biography reports sales and strategy experience in several industries but does not identify prior employers, dates or academic qualifications.

Attribution: Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

Relevance: Experience relevant to stated senior position.

FY2026 annual report and Appendix 4E (p. 8); 12th Rare Earth Summit speaker biography (speaker biography)

Contributions and company outcomes

Group sales grew during his sales leadership

FY2025–FY2026 · issuer reported · medium materiality

Lynas reported FY2026 total rare-earth oxide sales of 12,122 tonnes versus 10,970 in FY2025. Higher market prices and product mix also contributed to higher revenue.

Attribution: Role overlaps event; causation unproven. Group sales outcomes are not attributable to a single executive.

Relevance: Relevant to his sales and market development role.

FY2026 annual report and Appendix 4E (p. 16 sales table)

Evidence gaps

• Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

• Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• From 27 January 2021: Lynas — General counsel and company secretary. General counsel and company secretary transition (p. 1)

• Dates not disclosed: Monadelphous — Group legal counsel. General counsel and company secretary transition (p. 1)

• Dates not disclosed: Corrs Chambers Westgarth — Partner, construction and infrastructure. General counsel and company secretary transition (p. 1)

Personal achievements

Reported career and responsibilities

Career prior to and at Lynas · issuer reported · low materiality

Lynas reports earlier Monadelphous and Corrs roles; prior dates, independent credentials and cases in which she personally acted remain unverified.

Attribution: Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

Relevance: Experience relevant to stated senior position.

FY2026 annual report and Appendix 4E (p. 8); General counsel and company secretary transition (p. 1)

Governance and interests

Environmental assessment disclosure

June–October 2026 · documented · medium materiality

Lynas announced the Malaysian department’s request for an updated expansion environmental impact assessment in June 2026; Leonard authorised the company announcement. The later approval outcome was not located.

Attribution: Individual involvement documented. Authorisation documents her disclosure role, not personal responsibility for the regulator request.

Relevance: Relevant to legal and disclosure oversight.

Malaysian EIA process (p. 1)

Evidence gaps

• Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

• Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• From August 2021: Lynas — Vice President Corporate Affairs. Our leadership team (Jennifer Parker)

• Dates not disclosed: Cannings Strategic Communications — Director. Our leadership team (Jennifer Parker)

Personal achievements

Reported career and responsibilities

Career prior to and at Lynas · issuer reported · low materiality

Lynas reports prior Cannings, REA Group and AOL|7 communications roles, and Sydney and UTS qualifications; precise dates and credentials were not independently verified.

Attribution: Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

Relevance: Experience relevant to stated senior position.

FY2026 annual report and Appendix 4E (p. 8); Our leadership team (Jennifer Parker)

Evidence gaps

• Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

• Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• From 28 November 2014 appointment: Lynas — Chief Financial Officer. 2014 annual general meeting presentation (p. 4)

• Dates not disclosed: General Motors India and GM Daewoo — CFO and corporate controller roles. Our leadership team (Gaudenz Sturzenegger)

Personal achievements

Reported career and responsibilities

Career prior to and at Lynas · issuer reported · low materiality

Lynas reports previous GM India and GM Daewoo roles and a University of St Gallen MBA; precise tenure and independent degree confirmation remain unavailable.

Attribution: Individual involvement documented. Past roles and dates are issuer-reported; qualifications not independently verified.

Relevance: Experience relevant to stated senior position.

FY2026 annual report and Appendix 4E (p. 8); Our leadership team (Gaudenz Sturzenegger)

Contributions and company outcomes

FY2026 funding and profitability

FY2025–FY2026 · issuer reported · medium materiality

Lynas reported FY2026 net profit of A$222.4m versus A$8.0m and A$1,209.1m cash and short-term deposits at 30 June, including the effect of an equity raising.

Attribution: Role overlaps event; causation unproven. Financial results reflect price, production and equity issuance, not solely the CFO.

Relevance: Shows financing and reporting context during his CFO tenure.

FY2026 annual report and Appendix 4E (pp. 1, 16–17)

Evidence gaps

• Independent credentials, exact past-employer dates, full business outcomes and original court/regulator records are not comprehensively verified.

• Open-web screening is not an exhaustive criminal, sanctions or professional clearance.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• From July 2025: Lynas — General Manager Market Development. Lynas market development executive (speaker biography and 7 May 2026 event)

Education and qualifications

Reported technical qualifications

Before 2026 · self reported · low materiality

The 2026 conference biography reports a chemistry and extractive-metallurgy science degree and a mineral economics master’s from Curtin University.

Attribution: Responsibility not applicable. The original degree award records were not obtained.

Relevance: Relevant to mining and processing project leadership.

Lynas market development executive (speaker biography)

Personal achievements

Dated leadership role

2025–2026 · documented · medium materiality

A 2026 event biography reports he led the Mt Weld expansion through design, construction and commissioning; Lynas reports commissioning was completed in FY2026.

Attribution: Individual involvement documented. An event biography attributes project-director responsibility; outcomes are shared across a project team.

Relevance: Relevant to operational and people leadership.

Lynas market development executive (speaker biography and 7 May 2026 event); FY2026 annual report and Appendix 4E (p. 17, Mt Weld construction and commissioning)

Evidence gaps

• Exact continuation at 31 October 2026 and full prior-employer career, education and independent credentials remain unverified.

• Open-web searches are not an exhaustive court, regulatory, criminal or sanctions check.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• Confirmed in September 2026: Lynas Malaysia — General Manager People & Culture. Visit to Lynas Malaysia (9 September 2026 university visit)

Personal achievements

Dated leadership role

2025–2026 · documented · medium materiality

A 9 September 2026 university report identifies Mansor as the Malaysian people and culture general manager during a site visit.

Attribution: Individual involvement documented. The dated external report establishes the visit and named role, not continuing service beyond the report.

Relevance: Relevant to operational and people leadership.

Visit to Lynas Malaysia (9 September 2026 university visit)

Governance and interests

Public employee advocacy

December 2018 · documented · medium materiality

In December 2018 Mansor led a Lynas employee delegation to parliament seeking a scientific review and job security amid waste-management licence conditions.

Attribution: Individual involvement documented. This records his reported advocacy; it does not validate any claim about environmental safety.

Relevance: Relevant to workforce and community engagement.

Lynas employee appeal to parliament (report of employee delegation)

Evidence gaps

• Exact continuation at 31 October 2026 and full prior-employer career, education and independent credentials remain unverified.

• Open-web searches are not an exhaustive court, regulatory, criminal or sanctions check.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• Confirmed March 2025: Lynas — Executive General Manager Resource Development & Operations. Mt Weld 2024 compliance assessment report (p. 10, signed March 2025 report)

Personal achievements

Dated leadership role

2025–2026 · documented · medium materiality

Torrisi signed Lynas’ 2024 Mt Weld compliance assessment in March 2025 as executive general manager. The company reported no noncompliances for that reporting period; a secondary profile still listed the position in October 2026.

Attribution: Individual involvement documented. The signed report is a company declaration, not independent proof of compliance or individual credit.

Relevance: Relevant to operational and people leadership.

Mt Weld 2024 compliance assessment report (p. 10, signed March 2025 report); Chris Torrisi professional profile (professional role listing)

Environmental record

Mt Weld compliance assessment signed

2024–March 2025 · issuer reported · medium materiality

Torrisi signed the 2024 Mt Weld assessment report in March 2025. Lynas reported no non-compliances against the assessment conditions during that reporting period.

Attribution: Individual involvement documented. The statement is the company’s declaration; independent verification of every compliance element was not performed.

Relevance: Relevant to environmental oversight for Mt Weld.

Mt Weld 2024 compliance assessment report (pp. 8–10)

Evidence gaps

• Exact continuation at 31 October 2026 and full prior-employer career, education and independent credentials remain unverified.

• Open-web searches are not an exhaustive court, regulatory, criminal or sanctions check.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.

Career chronology

• 2025–February 2026: Lynas — Geology Manager and site senior executive. Lynas FY26 half-year investor presentation (p. 21 competent-person statement)

Personal achievements

Dated leadership role

2025–2026 · documented · medium materiality

Lynas named Watson Kalgoorlie site senior executive in its March 2025 signed compliance report and geology manager in its February 2026 competent-person statement. Their exact respective end dates and role at the October cutoff remain unconfirmed.

Attribution: Individual involvement documented. Both roles are documented at their dates, not independently confirmed at the cutoff.

Relevance: Relevant to operational and people leadership.

Lynas FY26 half-year investor presentation (p. 21 competent-person statement); Kalgoorlie community update (p. 1)

Signed competent-person disclosures

February 2026 · issuer reported · medium materiality

In a February 2026 Lynas presentation, Watson is named jointly as a competent person for exploration results and described as an AusIMM member.

Attribution: Individual involvement documented. The issuer’s disclosure identifies her role; independent membership-register verification was not obtained.

Relevance: Relevant to geological reporting.

Lynas FY26 half-year investor presentation (p. 21)

Evidence gaps

• Exact continuation at 31 October 2026 and full prior-employer career, education and independent credentials remain unverified.

• Open-web searches are not an exhaustive court, regulatory, criminal or sanctions check.

• Targeted person, prior-employer and regulator/court searches are incomplete; the earlier repeated broad-query log could not be independently reconstructed from the preserved checkpoint.