Richard Hyde

Career chronology

• Role reported 29 October 2026; precise commencement not established unless separately disclosed: West African Resources Limited — Founder, CEO and Executive Chairman. WAF October 2026 Investor Presentation (physical p. 5, Board and Management)

Education and qualifications

Issuer-reported qualification

Prior to 2026 · issuer reported · low materiality

The issuer reports a BSc in geology and geophysics and memberships of AusIMM and AIG. The awarding institution and current memberships were not independently checked.

Attribution: Responsibility not applicable. This is an issuer-reported qualification, not independent verification.

Relevance: Relevant to the reported professional background.

2025 Annual Report (physical p.26 / printed p.24, director biography)

Personal achievements

Issuer describes company founding and leadership

2006–2025 · issuer reported · medium materiality

The 2025 annual report describes Hyde as a founding shareholder and says he led the company from its 2006 incorporation through IPO, Sanbrado’s discovery and development, and Kiaka’s acquisition and construction. This is the issuer’s account; individual contribution to each event is not independently established.

Attribution: Individual involvement documented. The issuer directly attributes overall leadership to him; the underlying individual contribution to each event has not been independently quantified.

Relevance: Relevant to mining and exploration leadership experience.

2025 Annual Report (physical p.26 / printed p.24, Hyde biography)

Contributions and company outcomes

Kiaka first gold and 2026 operating performance

2025–2026 · issuer reported · medium materiality

The issuer reports that Kiaka achieved first gold in June 2025 and moved from construction to operations in August 2025. It reports 127,950 ounces group gold production in the September 2026 quarter; high gold prices and operational conditions affect the company results.

Attribution: Role overlaps event; causation unproven. The role was held while these company results were reported; the sources do not independently allocate delivery or results to this individual.

Relevance: Evidence of company-level execution, not proof of individual causation.

2025 Annual Report (physical p.28, significant changes); September 2026 Quarterly Activities Report (physical pp.1–2, quarterly results)

Industrial safety

Kiaka contractor fatality and company-reported response

2024–2025 · issuer reported · high materiality

West African Resources reported a contractor died at the Kiaka project on 28 January 2024. In May 2025 the company said it had completed an investigation with local and regional authorities and implemented remedial actions. The underlying investigation, specific findings, enforcement outcomes and independent verification of the remedial actions were not obtained.

Attribution: Role overlaps event; causation unproven. The person held a senior company leadership position during the incident; the cited sources do not establish individual involvement or fault.

Relevance: A material safety outcome relevant to the company during leadership tenure.

Kiaka Project Update (p.1, 29 January 2024 release); 2025 Annual General Meeting Presentation (physical p.21, OHS and footnote)

Governance and interests

2025 remuneration report first strike

2025–2026 · issuer reported · medium materiality

The company’s 2025 annual report says 32.2% of votes on its 2024 remuneration report at the 2025 AGM opposed adoption, resulting in a first strike. It reports the remuneration chair commissioned an independent review. The cited disclosure concerns the company’s remuneration framework and is not evidence of personal wrongdoing.

Attribution: Role overlaps event; causation unproven. The individual was identified as executive key management personnel during 2025; the source does not establish individual misconduct.

Relevance: Relevant to shareholder feedback on executive remuneration governance.

2025 Annual Report (physical p.32 / printed p.30, remuneration report first strike)

Suitability for the current role

Issuer-disclosed role

2026 · analyst inference · low materiality

The 29 October 2026 management presentation identifies Richard Hyde as Founder, CEO and Executive Chairman. The description supports role identification; it is not independent verification of past performance.

Attribution: Responsibility not applicable. Role-fit assessment is limited to the stated position and is an analyst inference, not a verified assessment of competence.

Relevance: Defines the role for assessing relevance of prior evidence.

WAF October 2026 Investor Presentation (physical p. 5, Board and Management)

Evidence gaps

• Individual prior-employer career and outcomes, exact appointment and departure dates require further primary evidence.

• Independent credentials and professional memberships remain unverified.

• Individual court, enforcement, fraud, safety, environmental, governance and employer record searches are incomplete; no clearance is implied.