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2026-11-06

← TRE management

Full background report

Mark Somlyay

Chief Financial Officer

Career chronology

  • Earlier career through 2026; dates not fully disclosed: Aura Energy; Chesser Resources; Agnico Eagle; Barrick; Newcrest; Perseus Mining — More than 25 years of mining finance experience; most recently CFO of Aura Energy and previously CFO at Chesser Resources; earlier senior roles at major gold companies. Mining.com.au reports contribution to development/financing of Sissingué and Yaouré at Perseus.. Toubani builds Kobada team for production (12 August 2026, Mark Somlyay career profile)

  • Earlier career; exact dates not established: Prior employers as stated in official or reviewed professional profile — CFO with 20+ years in finance, commercial management and business improvement; previous senior roles at Agnico Eagle, Chesser Resources and Perseus Mining.. Company and Senior Management (Mark Somlyay profile; career/role section)

  • Current role; roster as of 2026-09-26: Toubani Resources Limited — Chief Financial Officer. Company and Senior Management (Mark Somlyay profile; title and role); Annual Report to shareholders (Directors’ report / Corporate Directory; executive name and title)

Education and qualifications

Education and professional credentials

Credential history; dates not disclosed in reviewed source · issuer reported · low materiality

Finance credentials not specified in reviewed profile.

Attribution: Individual involvement documented. The profile identifies the stated qualifications; graduation dates and independent register verification were not located.

Relevance: Relevant to the technical, finance or governance responsibilities described in the current role.

Company and Senior Management (Mark Somlyay profile; career/role section)

Personal achievements

Relevant professional experience

Earlier career; exact dates not established in reviewed profile · issuer reported · medium materiality

CFO with 20+ years in finance, commercial management and business improvement; previous senior roles at Agnico Eagle, Chesser Resources and Perseus Mining.

Attribution: Individual involvement documented. The cited profile describes the person’s roles and involvement; outcome attribution is limited to what it explicitly states.

Relevance: Provides role-relevant experience; profile claims are issuer-reported and not a substitute for independent delivery evidence.

Company and Senior Management (Mark Somlyay profile; career/role section)

Mining finance and mine development experience

Earlier career; published profile dated 12 August 2026 · issuer reported · medium materiality

Mining.com.au reports that Somlyay has more than 25 years in mining finance and previously served as CFO of Aura Energy and Chesser Resources, with earlier roles at Agnico Eagle, Barrick, Newcrest and Perseus. At Perseus he reportedly helped develop and finance Sissingué and Yaouré. The source does not establish exact dates or his individual share of those outcomes.

Attribution: Individual involvement documented. Career and project contribution statements are attributed by a credible industry publication; individual responsibility is not independently demonstrated.

Relevance: Relevant to Toubani’s financing needs; prior development contribution is promising but source attribution remains summary-level.

Toubani builds Kobada team for production (12 August 2026, Somlyay background)

Suitability for the current role

Role fit and evidence limits

Assessment at cutoff 2026-10-09 · analyst inference · medium materiality

Mine-building, West African permitting and construction experience is relevant to Kobada development in Mali; company delivery is still being demonstrated.

Attribution: Responsibility not applicable. This is an analytical inference from the cited career profile and the company’s stated stage; it does not claim personal causation of company outcomes.

Relevance: Connects prior experience to the role’s execution and oversight needs.

Company and Senior Management (Mark Somlyay profile; career/role section)

Evidence gaps

  • Exact dates for prior roles and independent confirmation of profile claims were unavailable in the reviewed materials.

  • The reviewed appointment coverage does not report academic credentials or exact dates for prior CFO roles; independent corroboration of individual development contributions was not located.