NICKEL INDUSTRIES LIMITED

Career chronology

• Director since 12 September 2007; start date as executive chairman not established: Nickel Industries — Executive Chairman. 2025 Annual Report (management biography and governance)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

The issuer reports four decades managing natural-resource companies and a University of Sydney economics degree.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (pp. 15–18 director and management biographies); Board and Management (Norman Seckold profile)

Governance and interests

Chairman-linked service payments

2025 · issuer reported · medium materiality

The 2025 annual report says MIS Corporate, an entity in which Seckold has an interest, charged Nickel A$600,000 for administration and company-secretarial support in 2025.

Attribution: Individual involvement documented. The relationship and disclosed amounts are facts; the disclosure alone does not establish an improper transaction.

Relevance: Relevant to related-party oversight.

2025 Annual Report (pp. 31 and 104 related-party disclosures)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

• The issuer states a board appointment date, but the beginning of the current executive role was not independently established.

Career chronology

• Director since 23 August 2012; managing director start date not established: Nickel Industries — Managing Director. 2025 Annual Report (management biography and governance)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

The issuer says Werner founded an Indonesian mine developer and worked on consulting assignments at mining projects; individual outcomes of those assignments have not been independently verified.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (pp. 15–18 director and management biographies); Board and Management (Justin Werner profile)

Industrial safety

ENC contractor fatality and mine suspension

March–April 2026 · issuer reported · high materiality

A contractor engaged by Fajar Metal Industry died during ENC transmission-line construction on the Hengjaya haul road in March 2026. Nickel said the energy ministry investigation had concluded and mining resumed on 9 April; the authority’s detailed findings were not obtained. ENC was equity accounted and excluded from the controlled-entity lost-time injury rate, so a zero rate did not encompass this death.

Attribution: Role overlaps event; causation unproven. Management oversight and an incident during tenure do not establish personal fault or control of the third-party contractor.

Relevance: Relevant to operational and contractor safety oversight.

Fatality during construction activities (p. 1); Hengjaya mine operations recommenced (p. 1); March 2026 quarterly activities report (p. 3 safety and footnote 2)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

• The issuer states a board appointment date, but the beginning of the current executive role was not independently established.

• The ESDM investigation’s original detailed report and responsibility findings were not obtained.

Career chronology

• CFO since 15 November 2021; director since 23 December 2022: Nickel Industries — Executive Director and CFO. 2025 Annual Report (management biography and governance)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

The issuer reports prior investment-banking roles and Pallinghurst battery-materials work, and states he became CFO in November 2021 before joining the board in December 2022.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (pp. 15–18 director and management biographies); Board and Management (Christopher Shepherd profile)

Contributions and company outcomes

Hengjaya quarter and water-constrained processing

July–October 2026 · issuer reported · medium materiality

Nickel reported September 2026 quarter ore production of 6.14 million wet tonnes and first ENC mixed hydroxide and nickel cathode commissioning products; it said dry conditions restricted ENC ramp-up and later cut RKEF operation.

Attribution: Role overlaps event; causation unproven. Financial and operational outcomes are company-level and not a measure of individual causation.

Relevance: Relevant to financing and execution monitoring.

September 2026 Quarterly Activities Report (pp. 1–5 and ENC operations)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

Career chronology

• From 2012-03-28: Nickel Industries — Company Secretary. 2025 Annual Report (management biography and governance)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

The issuer reports a commerce degree, CPA and governance memberships, and company-secretarial work across mining issuers.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (pp. 15–18 director and management biographies); Board and Management (Richard Edwards profile)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

Career chronology

• From 2020-11-01: Nickel Industries — Chief Development Officer. Board and Management (management biography and governance)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

The issuer reports management and investment roles at Shanghai Decent, the group’s strategic industrial partner. Dates and scope of her other duties were not independently verified.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (p. 37 climate governance); December 2020 quarterly report (p. 14 appointment); Board and Management (Fanfan Zhao biography)

Environmental record

Weda Bay community allegations and company response

2024–2025 · alleged · high materiality

Climate Rights International reported community allegations of deforestation, displacement and pollution around the Weda Bay industrial park, where Nickel has an Angel Nickel interest. The reporting addresses the wider park and surrounding mines, not an adjudication that Angel caused each alleged harm. Nickel’s written response, reproduced with the January 2024 report, described supplier screening, environmental plans, jobs and community programs. It predates the June 2025 follow-up and is not an independent determination or a response to that later report.

Attribution: Role overlaps event; causation unproven. The allegations concern the wider park and mining district, and neither source establishes individual wrongdoing by this person.

Relevance: Relevant to community, environmental and partner oversight.

Nickel Unearthed: Human and Climate Costs (IWIP impacts and Nickel Industries correspondence); Ongoing Harms, Limited Accountability (summary and IWIP follow-up interviews); Response for Climate Rights International inquiries to Nickel Industries (questions 1–10)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

• The issuer leadership page is undated; exact role continuity at the evidence cutoff is not independently confirmed.

Career chronology

• From 2018-11-01: Nickel Industries — Chief Operating Officer. 2025 Annual Report (management biography and governance)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

The issuer reports that Green has led Hengjaya operations and previously held mining management roles in Guinea and Queensland; prior-employer dates remain unverified.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (pp. 15–18 director and management biographies); Board and Management (Tony Green profile); Nickel Industries and UPN Yogyakarta welcome scholarship recipients (8 October 2026 scholarship report)

Industrial safety

ENC contractor fatality and mine suspension

March–April 2026 · issuer reported · high materiality

A contractor engaged by Fajar Metal Industry died during ENC transmission-line construction on the Hengjaya haul road in March 2026. Nickel said the energy ministry investigation had concluded and mining resumed on 9 April; the authority’s detailed findings were not obtained. ENC was equity accounted and excluded from the controlled-entity lost-time injury rate, so a zero rate did not encompass this death.

Attribution: Role overlaps event; causation unproven. Management oversight and an incident during tenure do not establish personal fault or control of the third-party contractor.

Relevance: Relevant to operational and contractor safety oversight.

Fatality during construction activities (p. 1); Hengjaya mine operations recommenced (p. 1); March 2026 quarterly activities report (p. 3 safety and footnote 2)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

• The issuer leadership page is undated; exact role continuity at the evidence cutoff is not independently confirmed.

• The ESDM investigation’s original detailed report and responsibility findings were not obtained.

Career chronology

• From 2024-10-14: Nickel Industries — General Manager Battery Materials. 2025 Annual Report (management biography and governance)

• Prior to joining Nickel Industries in October 2024: Northvolt — Senior Director, Raw Materials. September 2024 quarterly report (p. 17 appointment biography)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

Nickel’s 2024 quarterly identifies Miller as previously head of Northvolt raw materials and describes earlier purchasing and project roles at Boliden.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (pp. 15–18 director and management biographies); Board and Management (Simon Miller profile); Nickel Industries H1 results call transcript (26 August 2026 Q&A, Werner on battery materials)

Business failures and setbacks

Previous employer Northvolt later entered bankruptcy

2024–2025 · documented · medium materiality

Nickel identified Miller as Northvolt’s former raw-materials senior director in October 2024. Northvolt filed for Swedish bankruptcy in March 2025 after financing and production-ramp difficulties.

Attribution: Employer context; no individual link established. Nickel’s appointment disclosure establishes his prior position, not his role at bankruptcy or personal causation.

Relevance: A material former-employer outcome relevant to the battery-materials track record.

September 2024 quarterly report (p. 17 appointment biography); Northvolt files for bankruptcy in Sweden (12 March 2025 statement)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

• The issuer leadership page is undated; exact role continuity at the evidence cutoff is not independently confirmed.

• Exact Northvolt departure date and any personal contribution to its eventual insolvency were not independently established.

Career chronology

• From 2021-08-16: Nickel Industries — Sustainability Manager. 2025 Annual Report (management biography and governance)

• Before 2021; dates not independently established: Unilever Indonesia — Sustainability executive. Muchtazar: 2019 SDG Pioneer (2019 profile); 2025 Annual Report (p. 18)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

Nickel identifies Muchtazar as sustainability manager since 2021 and as its former Unilever sustainability professional; UN Global Compact independently records the 2019 SDG Pioneer award and recycling work.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (pp. 15–18 director and management biographies); Board and Management (Muchtazar profile); Nickel smelter moratorium needs consultation (16 October 2026 interview)

UN recycling recognition

2019 · documented · medium materiality

UN Global Compact described Muchtazar’s Unilever recycling program and named him a 2019 SDG Pioneer. Nickel’s annual report identifies the same prior employer and award.

Attribution: Individual involvement documented. The recognition is independently recorded; it is not proof of mining outcomes.

Relevance: Relevant to sustainability program experience.

Muchtazar: 2019 SDG Pioneer (2019 Muchtazar profile); 2025 Annual Report (p. 18 management)

Environmental record

Weda Bay community allegations and company response

2024–2025 · alleged · high materiality

Climate Rights International reported community allegations of deforestation, displacement and pollution around the Weda Bay industrial park, where Nickel has an Angel Nickel interest. The reporting addresses the wider park and surrounding mines, not an adjudication that Angel caused each alleged harm. Nickel’s written response, reproduced with the January 2024 report, described supplier screening, environmental plans, jobs and community programs. It predates the June 2025 follow-up and is not an independent determination or a response to that later report.

Attribution: Role overlaps event; causation unproven. The allegations concern the wider park and mining district, and neither source establishes individual wrongdoing by this person.

Relevance: Relevant to community, environmental and partner oversight.

Nickel Unearthed: Human and Climate Costs (IWIP impacts and Nickel Industries correspondence); Ongoing Harms, Limited Accountability (summary and IWIP follow-up interviews); Response for Climate Rights International inquiries to Nickel Industries (questions 1–10)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

• The issuer leadership page is undated; exact role continuity at the evidence cutoff is not independently confirmed.

Career chronology

• Current issuer biography; exact start date unresolved: Nickel Industries — CFO Mining Operations. 2025 Annual Report (management biography and governance)

Personal achievements

Reported career and role

Career and current role · issuer reported · low materiality

The issuer reports mining-finance experience including prior roles at Sumatra Copper & Gold, Avocet and Tamaya; individual tenures and exact responsibilities have not been verified.

Attribution: Individual involvement documented. The issuer describes the role and background; independent verification is limited.

Relevance: Relevant to the person’s present remit.

2025 Annual Report (pp. 15–18 director and management biographies); Board and Management (Vijay Nair profile); Nickel Industries and UPN Yogyakarta welcome scholarship recipients (8 October 2026 scholarship report)

Business failures and setbacks

Former employer entered administration

2008 · documented · medium materiality

Nickel reports that Nair previously worked at Tamaya Resources. A separate issuer filing records Tamaya entering voluntary administration in 2008 and becoming insolvent.

Attribution: Employer context; no individual link established. Nair’s Tamaya dates, responsibilities and any overlap with the 2008 insolvency are not established; the record does not link him to the insolvency.

Relevance: Relevant to assessing his earlier mining-finance experience.

2025 Annual Report (p. 18 management biography); Tamaya Resources director disclosure (director nominee insolvency disclosures)

Governance and interests

Finance appointment dates require reconciliation

2010–2011 · issuer reported · medium materiality

Nickel’s annual report says mining-operations CFO since 1 July 2010; its undated leadership page says chief financial controller for Indonesian operations from October 2011. The differing roles and dates have not been reconciled.

Attribution: Individual involvement documented. The records could refer to different positions; no misstatement or misconduct is inferred.

Relevance: The dates affect chronology rather than a finding of wrongdoing.

2025 Annual Report (p. 18 Vijay Nair); Board and Management (Vijay Nair biography)

Evidence gaps

• Independent confirmation of credentials and complete employment dates remains incomplete.

• Targeted open-web searches are limited; original court, regulator, prior-employer and Indonesian-language records were not exhaustively obtained.

• The issuer leadership page is undated; exact role continuity at the evidence cutoff is not independently confirmed.

• CFO date in annual report versus controller appointment in the undated website remains unreconciled.

• His Tamaya employment dates, duties and overlap with the company’s 2008 insolvency are unverified.