Spartan Resources Limited announced the appointment of Ms. Deanna Carpenter as an independent Non-Executive Director effective 21 March 2024. The Company also announced that Mr. John Hodder has tendered his resignation as a Non-Executive Director of the Company, effective from 20 March 2024. Deanna has approximately 15 years' experience as a lawyer with a focus on equity capital markets and mergers & acquisitions, as well as extensive experience in governance, risk management and corporate compliance.

Deanna is currently a partner in the corporate and commercial practice of national law firm Hamilton Locke. John was appointed to the Spartan Board as a representative of major shareholder Tembo Capital Mining GP III Limited ("Tembo Capital") and he has played a significant role in the Company's operational reset, recapitalisation and successful repositioning over the past 12 months. Tembo Capital retain the right to nominate another director but are not proposing to appoint a Tembo Capital representative to the Board at this stage.