Shane Hartwig

Career chronology

• Current role at roster date; start date not independently established in reviewed sources: Northern Minerals Limited — Managing Director / CEO. Half-Year Financial Report to 31 December 2024 (leadership biography/role)

• At 2 December 2022 appointment: Peloton Advisory — Founder and Director; corporate advisory. Executive Director appointment: Shane Hartwig (Announcement lines 8–12)

• 2022-12-02 to 2024-05-26: Northern Minerals Limited — Executive Director – Finance; Finance Director. Executive Director appointment: Shane Hartwig (Announcement lines 3–7, 19)

Education and qualifications

Finance and governance credentials disclosed

2022-12-02 · issuer reported · medium materiality

NTU’s appointment notice identifies Shane Hartwig as a Certified Practising Accountant and Chartered Company Secretary, with a Bachelor of Business in Accounting and Taxation from Curtin University. These are issuer-reported qualifications; this review did not independently verify with the issuing bodies.

Attribution: Individual involvement documented. The appointment notice attributes these qualifications to Mr Hartwig.

Relevance: Relevant credentials for the finance, governance and capital-raising responsibilities of the CEO role.

Executive Director appointment: Shane Hartwig (Appointment notice lines 8–12)

Contributions and company outcomes

Definitive Feasibility Study completed during CEO tenure

FY2025 · issuer reported · medium materiality

Northern Minerals reported completion and release of the Browns Range Definitive Feasibility Study in September 2025. Hartwig was Managing Director/CEO from May 2024. The company report does not isolate his personal contribution, and the study was a pre-development milestone rather than commercial production or an FID.

Attribution: Role overlaps event; causation unproven. CEO overlapped with this company milestone, but the report does not establish a specific individual contribution or degree of responsibility.

Relevance: Relevant company delivery evidence for this executive’s project leadership remit; limited by company-only attribution.

Annual Report for the year ended 30 June 2025 (Operational Review and DFS progress, pp. 6–9; Leadership, p. 9)

Business failures and setbacks

Browns Range FID target missed

Target date 2026-09-30 · issuer reported · medium materiality

NTU stated on 30 September 2026 that the previously targeted Browns Range final investment decision by that date would not occur because project-funding arrangements and negotiations remained ongoing. Hartwig was CEO during the target period. The disclosure does not attribute the delay to him personally; no independent financing benchmark or causal analysis was completed.

Attribution: Role overlaps event; causation unproven. As CEO, Hartwig had company-level leadership during the funding process; NTU did not assign individual responsibility for the delay.

Relevance: Material to project financing and delivery track record for the CEO role.

2026 Annual Financial Statements, External Auditor Arrangements and FID Update (FID Timing, page 1, lines 26–31)

Governance and interests

2024 cyber incident exposed employee information

2024-04 to 2024-06 · issuer reported · medium materiality

Northern Minerals reported that a cyber incident during April–June 2024 compromised personal information of current and former employees and contractors. It said it notified the Australian Cyber Security Centre and OAIC, declined the ransom, engaged cyber specialists and added controls; it reported no material effect on operations or broader systems. Hartwig was CEO, but the source does not establish personal fault or identify the attack cause.

Attribution: Role overlaps event; causation unproven. Executive oversight overlapped the incident; responsibility for the external attack or any control failure is not established.

Relevance: Relevant to executive oversight of information security and employee-data handling.

Quarterly Activities Report – April to June 2024 (Cyber Security Breach, p. 3, lines 99–114)

Foreign-investment review and disposal-order process remained unresolved at cutoff

2023-10 to 2026-10-09 · documented · medium materiality

NTU referred shareholder-register matters to Treasury in October 2023. The Treasurer’s 2024 orders resulted in Federal Court findings and $14m total penalties against Indian Ocean International Shipping and its associate, not NTU or its executives; the company expressly said it was not a party. Separate May 2026 disposal orders affecting six investors and later interim directions remained live: NTU obtained repeated AGM extensions pending Treasury confirmation of compliance, with 2025 and 2026 AGMs scheduled for 25 November 2026 subject to further deferral. This indicates a material governance and shareholder-register challenge; it does not establish misconduct by an NTU executive.

Attribution: Role overlaps event; causation unproven. Board/management oversight overlapped with the company’s share-register review and referral; the independent court judgment applied to external investors only.

Relevance: Material governance, regulatory and shareholder-process risk for company leadership.

Annual Report for the year ended 30 June 2025 (Foreign Acquisitions and Takeovers Orders, p. 9, lines 406–422); Foreign investors penalised for breach of Australian laws (Court outcome, lines 4–19); Federal Government Court Action regarding Foreign Investment Review Framework (NTU expressly not a party, lines 7–20); Foreign Acquisitions and Takeovers (Disposal of Interests in Northern Minerals Limited) Orders (No. 1) 2026 (May 2026 orders in force, lines 2–21); ASIC grants NTU extension of time to hold 2025 AGM (AGM extension conditional on Treasury assessment, lines 20–36); 2025 and 2026 AGM dates: issuer update republished in full (September 2026 AGM schedule described in announcement, lines 82–91)

Suitability for the current role

Current-role fit is provisional

2026-09-26 · analyst inference · low materiality

The dated disclosures reviewed establish Shane Hartwig’s current Managing Director / CEO position and the relevant experience described in the cited sources. They do not establish a complete independent career chronology or measured contribution to NTU outcomes. This limits role-fit assessment; the conclusion is provisional.

Attribution: Responsibility not applicable. This is an analyst inference from disclosed role scope and experience, not a finding about personal performance.

Relevance: Relevant to assessing role coverage, but insufficient on its own to establish capability or outcomes.

Annual Report for the year ended 30 June 2025 (KMP list, pp. 20–21); About Us and leadership biographies (Board or Executive biography, relevant named section)

Evidence gaps

• No sufficiently corroborated, dated biography was located in the reviewed records for Shane Hartwig; prior employers, education, qualifications, concurrent directorships and exact role commencement remain gaps.

• Person-specific failure, fraud, legal, safety, environmental and governance coverage for Shane Hartwig is incomplete; open-web work documented here is not an exhaustive criminal, sanctions, litigation, reference or credential check.

• No independent public credential verification or complete dated chronology for Shane Hartwig was established; private and unindexed employment records were not available.

• No exhaustive person-level court, sanctions, criminal, regulator, safety or environmental record check was performed for Shane Hartwig; name-based searches can miss same-name and non-indexed records.