Sayona Mining Limited announced changes to the Board of Directors as it transitions to the next stage of growth. Mr. Brett Lynch has resigned from his position as Managing Director and CEO for personal reasons and will depart the Company with immediate effect. Mr. James Brown, currently a Non-Executive Director, has been appointed interim CEO and will guide Sayona's operations and Board restructure through the transition to new leadership. In addition, Mr. Philip Lucas, an experienced corporate lawyer, has been appointed as an independent Non-Executive Director. Since joining Sayona in July 2019, Mr. Lynch has been strategically involved in the acquisition of the North American Lithium (NAL) operation in Québec, Canada which recommenced lithium production in March 2023, as well as other expansion projects. Mr. Lynch has resigned from his position of Managing Director and CEO effective immediately, however he will facilitate a mutually agreed handover period. The Board wishes to thank Brett for his service to the Company and wishes him well in his future endeavours. Newly appointed independent Non-Executive Director, Mr. Lucas is a vastly experienced corporate lawyer with a particular focus on equity markets, mergers and acquisitions, corporate governance and Australian Securities Exchange regulations and compliance. He also has extensive experience with cross-border M&A transactions, including those involving Australian, U.S. and Canadian companies. The Board would like to welcome Mr. Lucas and looks forward to his strategic input. As an independent Non-Executive Director Mr. Lucas will also join the Audit and Risk and Remuneration and Nomination
Committees.