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2026-11-06

← VMM management

Full background report

Rafael Moreno

Managing Director

Career chronology

  • CEO employment agreement commenced 23 November 2023; annual report records MD appointment 14 August 2025. Executive leadership started before board/MD title.: Viridis Mining & Minerals — Chief Executive Officer; Managing Director. Annual Report 2024 (p. 23, service agreements); Annual Report 2025 (p. 18, directors report)

  • Earlier career; exact dates and title vary across issuer bios; annual report describes senior/executive roles: Argosy Minerals — Executive / senior leadership roles. Annual Report 2025 (p. 18)

  • Earlier career; exact position and dates unresolved: Santos — Senior leadership roles. Annual Report 2025 (p. 18)

  • Earlier career; exact position and dates unresolved: INPEX — Senior leadership roles. Annual Report 2025 (p. 18)

  • Concurrent role stated in 2025 Viridis annual report: Bayan Mining & Minerals — Non-Executive Director. Annual Report 2025 (p. 18)

Education and qualifications

Engineering and science degrees; Chartered Professional Engineer

As reported in 2025 annual report · issuer reported · medium materiality

The 2025 annual report lists BChE (Hons) and BCSc and describes Moreno as a Chartered Professional Engineer. Awarding institutions, degree dates and current registration details were not independently checked.

Attribution: Individual involvement documented. Issuer filing states degree abbreviations and professional status; direct academic/engineering-register verification was not completed.

Relevance: Relevant engineering credentials for leadership of a processing-project developer.

Annual Report 2025 (p. 18, qualifications and experience)

Contributions and company outcomes

Major-project execution background claimed across prior employers

Prior career, dates and projects not independently pinned down · issuer reported · medium materiality

Viridis reports Moreno held senior roles at Argosy, Santos and INPEX, specializing in major-project execution and commercial/offtake work. This supports role relevance, but the company releases reviewed do not identify project-specific results, his individual authority, or comparator budgets; no particular completed project outcome is attributed to him here.

Attribution: Employer context; no individual link established. Issuer reports employer associations and broad remit only; individual contribution and project outcomes were not independently documented.

Relevance: Relevant experience for Viridis’s Colossus development, but insufficient to assess delivery quality.

Annual Report 2025 (p. 18, experience and expertise)

Suitability for the current role

Role relevance and evidenced background

Background reviewed through 2026-10-09 · analyst inference · low materiality

The issuer reports 23+ years in mining and petrochemicals, with senior roles at Argosy, Santos and INPEX and major-project execution experience. Current title in the selected roster: Managing Director. This supports role relevance at a high level; the public evidence reviewed does not establish personal causal responsibility for employer or project outcomes.

Attribution: Responsibility not applicable. Role-fit judgment based on the selected roster and issuer-reported professional background; no causal claim is made.

Relevance: Relevant to the current Managing Director responsibilities, subject to the evidence limitations recorded below.

Board and Senior Leadership (Executive biography or corporate-directory entry for the named person)

CEO employment preceded formal MD appointment

23 November 2023–14 August 2025 · analyst inference · medium materiality

Viridis’s 2024 annual report states Moreno’s CEO service agreement commenced 23 November 2023; its 2025 annual report records his director appointment as 14 August 2025. This resolves the apparent date difference: operational CEO employment and board appointment are distinct events.

Attribution: Individual involvement documented. Two dated annual-report disclosures specify separate employment and director dates.

Relevance: Establishes tenure overlap for assessing project progress and executive accountability.

Annual Report 2024 (p. 23, CEO service agreement); Annual Report 2025 (p. 18, directors report)

Evidence gaps

  • Prior-project names, job titles, dates, budget authority, commissioning/operating outcomes and personal responsibility at Argosy, Santos and INPEX need independent dated corroboration.

  • Chartered Professional Engineer status and degrees were not independently verified.

  • Viridis’s Colossus project outcomes are currently development milestones; the reviewed sources do not establish completed commercial operation under Moreno’s leadership.

  • Focused adverse searches produced no substantiated person-specific proceeding, but project and employer safety/environment enforcement histories were not fully reconciled.