DRA Global Limited advised shareholders that following engagement with its shareholder, Apex Partners Holdings Pty Ltd, a number of changes to the composition of the Company's Board of Directors have occurred. Effective immediately, Peter Mansell, Lee (Les) Guthrie, Paul Lombard and Sandra Bell have resigned as Directors of the Company and Sebastiano (Sam) Randazzo has been appointed as a non-executive Director to fill a casual vacancy. Mr. Randazzo has also been elected as Chair of the Company's Board of Directors.

A brief biography for Mr. Randazzo is set out below. As part of the ongoing recomposition of the Board, the Company intends to make further appointments of Directors who have the requisite skills, knowledge and experience and who will promote the best interests of DRA and ensure that it is in compliance with the Corporations Act, 2001 (Cth) requirements regarding Board composition. Sam Randazzo is a mineral resources industry professional with over 35 years' experience encompassing various senior roles including executive and non-executive directorships, chairman, CEO, CFO and company secretary in public companies listed on the ASX, TSX, JSE and AIM stock markets.

He has extensive operational experience in project identification, merger and acquisitions, initial and secondary public offerings, capital raisings in international markets, corporate finance, feasibility studies and project development. His mineral industry exposure spans companies involved in mining, exploration, engineering and construction of gold, diamonds, base metals, mineral sands, coal and uranium projects.