Sal Catalano

Career chronology

• Current as of 2026-10-09; exact commencement date not established by reviewed webpage.: Quantum Graphite — Managing Director. Quantum Graphite leadership and management (Issuer current board, management or corporate directory entry)

• Prior career; dates not disclosed: Paloma Partners — Principal; securities financing / global fiscal arbitrage business. Annual Financial Report FY2021 (Directors’ Report p. 5; experience and expertise)

• Prior career; dates not disclosed: Donaldson, Lufkin & Jenrette — Head of Asia-Pacific securities financing / Pershing Asian securities business. Annual Financial Report FY2021 (Directors’ Report p. 5; experience and expertise)

• Prior career; dates not disclosed: Credit Suisse First Boston International — Director, Alternative Capital Group, London. Sal Catalano joins Pluton Resources Board (ASX director appointment notice, 15 Aug 2014)

• Since 1996 (issuer/professional profile reporting): Chimaera Financial Group / Capital — Co-founder/principal. Annual Financial Report FY2021 (Directors’ Report p. 5; YPO profile)

• Chairmanship from 2001/2002; contemporaneous FY2006 report cites Chapter 11 in 2001: Digital Now / Luminus Systems — Chairman after Digital Now filed Chapter 11; subsequent company reorganization. Luminus Systems Annual Financial Report FY2006 (FY2006 director profile; company history)

Education and qualifications

Issuer-reported legal qualifications

As disclosed in FY2021 annual report · issuer reported · low materiality

Quantum Graphite’s FY2021 annual report lists B.Juris., LLB and FITA for Catalano. These qualifications were not checked against a university or professional-register source in this review.

Attribution: Responsibility not applicable. The issuer is the source; credential verification remains outstanding.

Relevance: Relevant to the Managing Director’s legal and corporate leadership background.

Annual Financial Report FY2021 (Directors’ Report p. 5)

Business failures and setbacks

Digital Now entered Chapter 11 before Catalano’s reported chairmanship

2001–2002 · documented · low materiality

Luminus Systems’ FY2006 director biography states that Catalano was appointed Chairman of Digital Now on 5 November 2001 after the company filed for Chapter 11 protection; it says Catalano became Luminus Executive Chairman in December 2002 after reorganization. This establishes succession into a distressed company but does not establish his role in causing the bankruptcy or the preceding decisions.

Attribution: Employer context; no individual link established. The annual report places his chair appointment after the Chapter 11 filing; no personal responsibility for the filing is established.

Relevance: Relevant historical turnaround/distress exposure, but the timing and absent causal evidence preclude adverse personal attribution.

Luminus Systems Annual Financial Report FY2006 (FY2006 Directors’ Report; Catalano profile)

Litigation and enforcement

Company audit dispute with former auditor settled

2022-11 to 2025-02 · documented · medium materiality

Quantum Graphite announced in November 2022 that it had sued Grant Thornton Audit Pty Ltd in the Victorian Supreme Court, seeking more than A$58 million for alleged loss after the auditor did not express an opinion on the company’s FY2020 financial statements. A February 2025 settlement announcement said Grant Thornton would pay an amount in exchange for withdrawal; FY2025 accounts record A$1.25 million litigation proceeds. This was a company claim and settlement, not a finding of misconduct by Sal Catalano or the auditor.

Attribution: Role overlaps event; causation unproven. Catalano was an executive director in 2020; the reviewed filings do not connect him personally to the audit failure or litigation strategy.

Relevance: Relevant to leadership oversight of financial reporting and the prolonged audit disruption, but no individual responsibility is established.

Filing of Court Proceedings against Grant Thornton Audit Pty Ltd (Release, title and first paragraph); Settlement of Grant Thornton Legal Proceedings (Announcement title; settlement terms as summarized by Reuters on 17 February 2025); Quantum Graphite Annual Report 2025 (Consolidated cash flow statement p.17 and Note 3 p.26)

Governance and interests

Material services and balances with director-related entities

FY2025 · documented · medium materiality

FY2025 audited accounts disclose that Chimaera Capital Limited, an entity related to Sal Catalano, charged A$1.02 million for corporate, administrative, technical and asset-management services, including Uley site care, tailings and rehabilitation work; A$2.353 million remained outstanding at 30 June 2025. A related entity, SC Capital, charged A$300,000 for consultancy services connected with his executive-director role. The report states related-party transactions were on normal commercial terms and at market rates; this screening review has not independently tested pricing, conflicts controls or settlement of the balance. FY2025 report itemizes A$300,000 paid to SC Capital Pty Ltd for director services and A$20,000 to related Chimaera Capital Management for insurance placement; the director report says terms were normal commercial/market rates. The review did not independently benchmark fees or inspect approval controls.

Attribution: Individual involvement documented. The issuer explicitly identifies the entities as related to Catalano and reports charges and payable balances; it does not allege misconduct.

Relevance: Material to review of conflict management and capital stewardship for a managing director.

Quantum Graphite Annual Report 2025 (Note 20(a), Related Party Transactions, pp.34–35; Directors’ Report pp.8–9)

Suitability for the current role

Current role and disclosed experience: Sal Catalano

Current role as of cutoff · analyst inference · low materiality

Quantum Graphite identifies Sal Catalano as Managing Director. The reviewed issuer page does not independently validate qualifications or establish results personally attributable to this executive. Role fit is therefore limited to the function stated in the title; broader suitability remains uncertain.

Attribution: Responsibility not applicable. This is a limited analyst assessment from the issuer-reported current role; no personal outcome is inferred.

Relevance: Role match is relevant to present oversight, but the source set is too thin to assess delivery or effectiveness.

Quantum Graphite leadership and management (Issuer current board, management or corporate directory entry)

Evidence gaps

• Full role chronology, earlier employers and dates were not independently established in this limited pass.

• Credentials and memberships were not independently verified.

• The searches documented here are open-web screening only, not exhaustive criminal, sanctions, litigation, safety or credential checks.