Announcement PDF Bannerman Energy Ltd and Controlled Entities ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2025 Bannerman Energy Ltd Suite 7, 245 Churchill Avenue, Subiaco, Western Australia 6008 PO Box 1973, Subiaco, Western Australia 6008 W bannermanenergy.com T +61 8 9381 1436 E info@bmnenergy.com CORPORATE DIRECTORY EXECUTIVE CHAIRMAN & MANAGING DIRECTOR Brandon Munro CHIEF EXECUTIVE OFFICER Gavin Chamberlain CHIEF FINANCIAL OFFICER & JOINT COMPANY SECRETARY Stephen Herlihy JOINT COMPANY SECRETARY Karen Logan NON-EXECUTIVE DIRECTORS Alison Terry (Lead Independent & Deputy Chair) Felicity Gooding Clive Jones Bruce McFadzean PRINCIPAL & REGISTERED OFFICE Suite 7, 245 Churchill Avenue SUBIACO WA 6008 Australia Telephone: +61 (8) 9381 1436 AUDITORS Ernst & Young 9 The Esplanade PERTH WA 6000 Telephone: +61 (8) 9429 2222 Facsimile: +61 (8) 9429 2432 SHARE REGISTRAR Computershare (Australia) Level 17 221 St George’s Terrace PERTH WA 6000 Telephone from within Australia: Telephone from outside Australia: Facsimile: 1300 850 505 +61 (3) 9415 4000 +61 (8) 9323 2033 STOCK EXCHANGE LISTINGS Australian Securities Exchange (ASX Code: BMN) Namibian Stock Exchange (NSX Code: BMN) OTC Markets (OTCQX Code: BNNLF) BANNERMAN ENERGY LTD 2025 ANNUAL REPORT TABLE OF CONTENTS Chairman’s Letter to Shareholders .................................................................................................................................. 1 Board of Directors and Executives ................................................................................................................................... 2 Directors’ Report .............................................................................................................................................................. 7 Auditor’s Independence Declaration ............................................................................................................................. 25 Remuneration Report (audited) ..................................................................................................................................... 27 Consolidated Statement of Comprehensive Income ..................................................................................................... 40 Consolidated Statement of Financial Position ............................................................................................................... 41 Consolidated Cash Flow Statement ............................................................................................................................... 42 Consolidated Statement of Changes in Equity ............................................................................................................... 43 Notes to the Financial Statements ................................................................................................................................. 44 Consolidated Entity Disclosure Statement ..................................................................................................................... 84 Directors’ Declaration .................................................................................................................................................... 85 Independent Auditor’s report to the members of Bannerman Energy Ltd ................................................................... 86 Additional Shareholder Information .............................................................................................................................. 91 ABOUT BANNERMAN ENERGY About Bannerman - Bannerman Energy Ltd is a uranium development business listed on the Australian and Namibian stock exchanges and traded on the OTCQX Market in the US. Its flagship asset is the advanced Etango Uranium Project located in the Erongo Region of Namibia. Etango has benefited from extensive exploration and feasibility activity over the past 15 years. The Etango tenement possesses a globally large-scale uranium mineral resource1. In December 2022, a Definitive Feasibility Study (DFS)2 was completed on the Etango-8 Project, confirming to a definitive-level the strong technical and economic viability of conventional open pit mining and heap leach processing of the Etango deposit at 8Mtpa throughput (for average annual output of 3.5 Mlbs U3O8). In March 2024, a scoping study3 demonstrated the capacity to expand annual production to 6.7 Mlbs U3O8. Etango’s advanced credentials are further highlighted by the construction and multi-year operation of the Etango Heap Leach Demonstration Plant, which comprehensively de-risked the conventional acid heap leach process to be utilised on the Etango ore. All environmental approvals have been received for the proposed Etango mine and external mine infrastructure, based on a 12-year environmental baseline. Bannerman was awarded the Mining Licence for Etango in December 2023 and is progressing all key project workstreams towards a targeted positive Final Investment Decision (FID) in parallel with strengthening uranium market fundamentals. Namibia is a premier uranium investment jurisdiction, with a 45-year history of uranium production and export, excellent infrastructure and support for uranium mining from both government and community. As the world’s third largest producer of uranium, Namibia is an ideal development jurisdiction boasting political stability, security, a strong rule of law and an assertive development agenda. The Bannerman team has ample direct experience in the development, construction and operation of uranium projects in Namibia, as well as extensive links into the downstream nuclear power industry. Bannerman has long established itself as an Environmental, Social and Governance (ESG) leader in the uranium and nuclear energy sector. It is also a leader within Namibia on social development and community engagement and exercises best-practice governance in all aspects of its business. This was recognised with the receipt of the 2023 African Mining Indaba’s ESG Award for Community Engagement. More information is available on Bannerman’s website at www.bannermanenergy.com. 1 and 2 Refer to Bannerman’s ASX release dated 6 December 2022, Etango-8 Definitive Feasibility Study. Bannerman confirms that it is not aware of any new information or data that materially affects the information included in that release. All material assumptions and technical parameters underpinning the estimates in that ASX release continue to apply and have not materially changed. 3 Refer to Bannerman’s ASX release dated 18 March 2024, Etango-XP and Etango-XT Scoping Study. BANNERMAN ENERGY LTD i 2025 ANNUAL REPORT CHAIRMAN’S LETTER TO SHAREHOLDERS Dear Fellow Shareholders, I am pleased to present the 2025 Annual Report, which highlights a year characterised by the disciplined execution of our strategic plan, exceptional safety performance, significant progress in early works, and a strong financial position. These factors continue to position us well to capitalise on the favourable outlook for uranium and the growing global demand for nuclear energy. The Etango Project made significant progress this year as we move closer to a Final Investment Decision (FID), having completed several essential early works programs, including the project construction water supply, site access roads, and substantial bulk earthworks. These foundational activities were delivered safely on schedule, and within budget. This year, we also made significant progress in manufacturing essential equipment, including the High-Pressure Grinding Rolls (HPGR) crusher, which is now ahead of schedule. These initiatives mitigate project risk and enable timely delivery into Etango’s project critical path. Throughout the year, our teams achieved several other construction milestones, including excavation at the primary crusher site, the erection of power infrastructure, and the installation of water distribution networks. The successful completion of the first blast at the primary crusher site, as reported in the December quarter, and subsequent works demonstrated our capacity to set and meet critical schedules. Despite heavy rainfall events in Namibia, effective planning and management ensured minimal disruption and maintained the steady progression of our early construction activities. On the back of these achievements, I am particularly pleased to report that in June 2025, we achieved a significant safety milestone of one million man-hours without lost-time injuries, underscoring our commitment to our people, safety culture, and environmental stewardship. Our financial capacity was strengthened by two institutional equity placements. The first, in August 2024, raised A$85 million to progress early works and detailed design as part of Bannerman’s gated approvals process. A second placement in June 2025, also raising A$85 million with allotment finalised on 3 July 2025, further reinforced the balance sheet. Together, these raisings support early construction activities and detailed engineering. As at early July 2025, Bannerman held about A$140 million in cash and liquid assets, reflecting strong shareholder support and positioning us for the next phase of project development. Subsequent to year-end, in September 2025, Bannerman executed its first uranium offtake contracts with Tier-1 North American utilities for the supply of 1.0 million pounds of U O (±10% annual flex) for delivery over 2029–2033. This significant milestone establishes Etango as a credible new source of supply and aligns with our strategy of progressively layering high-quality counterparties into a balanced sales portfolio while maintaining flexibility ahead of FID. This year saw important changes to our Board and key executive appointments. Mike Leech retired from the Board in March 2025 but continues to serve on the Board of our Namibian subsidiary. Ian Burvill retired from the Board in October 2024, after approximately 12 years of dedicated service. We wish to extend our sincere gratitude to Ian and Mike for their significant contributions. This year, we also welcomed Bruce McFadzean and Felicity Gooding as NonExecutive Directors, along with Matthew Horgan, who joins us as Vice President, Corporate Development and Danny Goeman, who joined us in May 2025 as Independent Chair of the Product Offtake Committee. These appointments bring extensive industry experience and strategic insight, further strengthening our governance and executive capability. We extend our sincere gratitude to all stakeholders, including the Namibian Government and our host communities, for their ongoing support and cooperation, which are crucial to our continued success. I also extend special thanks to our CEO, Gavin Chamberlain, and the entire Bannerman team for their dedication and hard work throughout the year. Looking ahead, Bannerman is well-positioned to benefit from the favourable outlook for uranium, driven by rising global energy demand and increasing recognition of nuclear power as a vital clean energy source. We remain confident in our ability to deliver sustained shareholder value. Thank you for your continued support and confidence in our Company. Yours sincerely, Brandon Munro Executive Chairman Bannerman Energy Ltd BANNERMAN ENERGY LTD 1 2025 ANNUAL REPORT BOARD OF DIRECTORS AND EXECUTIVES Brandon Munro Alison Terry LLB, B.Econ, GradDipAppFin SIA Executive Chairman & Managing Director LLB (Hons), B.Econ, GradDipBus(Actg), FAICD Lead Independent Director & Deputy Chair Term of Office: CEO and Managing Director since 9 March 2016. Appointed as Executive Chairman 7 March 2024 (whilst retaining position of Managing Director) Term of Office Director since 13 October 2022. Appointed Lead Independent Director 7 March 2024 and Deputy Chair 30 July 2025 Independent: No Independent Yes Skills, experience, and expertise Skills, experience, and expertise Brandon has 25 years’ experience as a corporate lawyer and resources executive, including as Bannerman’s General Manager between 2009-2011, based in Namibia. Brandon was appointed CEO of Bannerman in 2016. Brandon lived in Namibia for over five years between 2009-2015, where he also served as Governance Advisor to the Namibian Uranium Association, Strategic Advisor – Mining Charter to the Namibian Chamber of Mines and Trustee of Save the Rhino Trust Namibia, a high-profile Namibian NGO. Alison is an experienced senior executive and company director with a deep understanding of sustainability, ESG dynamics, legal and corporate affairs, and the complexities of major operations. Her recent executive roles have included Director Sustainability and Corporate Affairs and Joint Company Secretary at Fortescue Metals Group, as a member of the company’s Executive team. Her prior experience spans corporate affairs, legal and general management across several sectors, including senior roles at General Motors Holden Limited and electric vehicle infrastructure start-up, Better Place. Brandon is a prominent thought leader within the uranium sector and is currently a member of the World Nuclear Association’s Director-General’s Advisory Council, which provides strategic advice to the Association’s Director-General and Board. Brandon served as Co-Chair of the World Nuclear Association’s Nuclear Fuel Demand working group for four years and was an expert contributor on uranium to the UN Economic Commission for Europe. Brandon’s voluntary service has included board roles in the conservation, arts, and education sectors. Alison's previous non-executive roles include on the boards of RAC Insurance, NBN Tasmania and the leading industry super fund, AustralianSuper, where she was also a member of the Audit and Risk Committee. Alison is a Non-Executive Director of Matrix Composites & Engineering Limited, Johns Lyng Group Limited, UN Women Australia, the Black Swan State Theatre Company of Western Australia and is a member of Chief Executive Women. Special Responsibilities Managing Director Member of the Product Offtake Committee Special Responsibilities Lead Independent Director Deputy Chair Chairperson of the Sustainability Committee Member of the Audit Committee Member of the Remuneration, Nomination and Corporate Governance Committee. Current ASX listed directorships Nil Former ASX listed directorships over the past three years Nil Current ASX listed directorships Matrix Composites & Engineering Limited (ASX:MCE) – February 2024 to present Johns Lyng Group Limited (ASX:JLG) – September 2024 to present Former ASX listed directorships over the past three years Nil BANNERMAN ENERGY LTD 2 2025 ANNUAL REPORT BOARD OF DIRECTORS AND EXECUTIVES (CONTINUED) Felicity Gooding BCom, FCA, GAICD, GradDipCA Non-Executive Director Ian Burvill BE, MBA, MIEAust, GAICD Term of Office Director since 22 January 2025 Non-Executive Director Independent Yes Term of Office Director since 14 June 2012. Retired 15 November 2024. Skills, experience, and expertise Independent Yes Felicity is a proven senior finance executive with over 20 years’ experience in senior finance and management roles within multinational and ASX-listed organisations, based in both Australia and internationally. Skills, experience, and expertise Ian has over 35 years’ mining industry experience. He started his career as a mechanical engineer, then worked as a merchant banker before becoming a senior executive in private equity. He is a former Partner of Resource Capital Funds and a past Associate Director of Rothschild Australia Limited. Ian has sat on the boards of ten mining companies, two mining services groups, a mining technology venture capital firm, and a leading mining private equity firm. Felicity is currently Executive Director and Group Chief Financial Officer of Lithium and Geothermal Energy developer, Vulcan Energy Resources (ASX:VUL). Previously, she held the roles of Chief Financial Officer and Global Head of Commercial at Fortescue Future Industries (FFI), a subsidiary of Fortescue (ASX:FMG) Special Responsibilities Chairperson of the Remuneration, Nomination and Corporate Governance Committee Member of the Audit Committee Her core areas of expertise include strategic and financial analysis, debt funding, corporate finance, mergers and acquisitions and sustainability reporting. She has deep experience across a range of key industry sectors, notably green energy, mining, infrastructure, consumer goods, agriculture, and philanthropy. Current ASX listed directorships Nil Felicity served as a director, Deputy Chairperson and Chair of the Finance Committee of the Black Swan State Theatre Company of Western Australia. Former ASX listed directorships over the past three years Nil Special Responsibilities Chairperson of the Audit Committee Clive Jones B.App.Sc(Geol), M.AusIMM Non-Executive Director Member of the Sustainability Committee Member of the Product Offtake Committee Term of Office Director since 12 January 2007 Current ASX-listed directorships Vulcan Energy Resources (ASX: VUL) – January 2025 to present Independent Yes Skills, experience, and expertise Clive has over 30 years’ experience in mineral exploration across a diverse range of commodities, including gold, base metals, mineral sands, critical minerals, uranium, and iron ore, with direct in-country experience working in Namibia since 1998. Clive played an instrumental role in the application for the Etango prospecting licence in 2005 and has since been closely involved with the project. Clive has extensive experience as a director of numerous ASX-listed mining and exploration companies. Former ASX-listed directorships over the past three years Nil Special Responsibilities Chairperson of the Remuneration, Nomination and Corporate Governance Committee Member of the Sustainability Committee Current ASX listed directorships Cazaly Resources Limited (ASX:CAZ) - September 2003 to present Former ASX listed directorships over the past three years Nil BANNERMAN ENERGY LTD 3 2025 ANNUAL REPORT BOARD OF DIRECTORS AND EXECUTIVES (CONTINUED) FCIS (Accountancy) Non-Executive Director Bruce McFadzean DipMinEng, FAusIMM Non-Executive Director Term of Office Director since 12 April 2017. Retired 10 March 2025. Term of Office Director since 18 November 2024 Independent Yes Independent Yes Skills, experience, and expertise Mike is a respected statesman of the Namibian mining industry. He is a former Managing Director of Rössing Uranium Ltd, past president of the Namibian Chamber of Mines and past Chairman of the Namibian Uranium Association. His career with Rio Tinto started in 1982 when he joined Rössing as an accountant and included a posting as Administration Director of Anglesey Aluminium before returning to Rössing in 1997 as Chief Financial Officer. Mike was Managing Director of Rössing, then the largest open pit uranium mine in the world, for six years until he retired in 2011. Since retirement Mike has consulted to the uranium sector and served as a nonexecutive director of ASX-listed Kunene Resources Ltd, a base metals explorer that discovered the Opuwo Cobalt Project in Namibia. Skills, experience, and expertise Mike’s commitment to corporate social responsibility in Namibia is well known, including as a former Trustee of Save the Rhino Trust Namibia and the Rössing Foundation. Special Responsibilities Member of the Audit Committee Member of the Remuneration, Nomination and Corporate Governance Committee Mike Leech Bruce is a mining engineer with over 40 years of mining and process experience in Gold, Copper, Iron Ore, Diamonds, Nickel, Cobalt; Mineral Sands, Rare Earths and Mining Services. His career includes 30 years’ exposure to all levels of construction and operations, ranging in size from BHP and Rio Tinto to junior development companies. Bruce’s executive management roles included 15 years as CEO of companies constructing and operating mines in Australia and Africa. He is currently Non-Executive Chairman of Aquirian Limited (Chair) and Non-Executive Director of Argosy Limited. Bruce has a Diploma in Mining from Curtin University and is a Fellow of AusIMM. Current ASX-listed directorships Aquirian Limited (ASX:AQN) – April 2021 to present Argosy Minerals Limited (ASX:AGY) – April 2022 to present Fin Resources Limited (ASX:FIN) – February 2025 to present Mike was named an honorary life member of the Namibian Uranium Association in recognition of his singular service to the uranium industry. Special Responsibilities Non-Executive Director of Bannerman’s 95% owned Namibian subsidiary, Bannerman Mining Resources (Namibia) (Pty) Ltd Chairperson of the Audit Committee - Retired 10 March 2025 Member of the Sustainability Committee - Retired 10 March 2025 Former ASX-listed directorships over the past three years Hastings Technology Metals Limited (ASX:HAS) (resigned October 2024) Ardiden Limited (ASX:ADV) (resigned July 2023) Current ASX listed directorships Nil Former ASX listed directorships over the past three years Nil BANNERMAN ENERGY LTD 4 2025 ANNUAL REPORT BOARD OF DIRECTORS AND EXECUTIVES (CONTINUED) CHIEF FINANCIAL OFFICER AND JOINT COMPANY SECRETARY Stephen Herlihy CA, CTA, FCPA, F Fin, FGIA B. Bus (Actg), GradDipAppFin SIA, MBA Term of Office Company Secretary since 24 January 2022 Skills, experience, and expertise Steve is a Chartered Accountant with over 30 years professional experience. His extensive background in the resources sector includes several roles within BHP Limited, commencing as global Financial Controller for BHP Iron Ore before progressing to special project roles. More recently, he was a partner of a national accounting and advisory firm that was part of a top ten global accounting network. Steve has deep, hands-on experience in project finance and M&A activities. His broad transactional experience ranges from negotiating small joint venture agreements through to lead commercial roles on large-scale multinational transactions. Steve was appointed to the Board of Namibia Critical Metals Inc (‘NMI”) (TSXV: NMI OTC: NMREF) at the NMI Annual General Meeting of 18 May 2023. He is Chair of the NMI Audit Committee and a member of the NMI Remuneration Committee. JOINT COMPANY SECRETARY Karen Logan B Com, GradDipAppCorpGov, FCG, FGIA, GAICD Term of Office Company Secretary since 22 April 2025 Skills, experience, and expertise Karen is a Chartered Secretary with over 20 years of governance and regulatory compliance experience, and skills developed in a range of company secretarial positions and consulting engagements for private and ASX-listed companies based in Australia and overseas. She has extensive corporate experience in the resources sector and other industries. Karen is a Fellow of The Chartered Governance Institute and a Fellow of the Governance Institute of Australia. Karen holds a Bachelor of Commerce degree in Accounting and Business Law from Curtin University and a Graduate Diploma in Applied Corporate Governance from Chartered Secretaries Australia (renamed Governance Institute of Australia). She is also a Graduate Member of the Australian Institute of Company Directors. BANNERMAN ENERGY LTD 5 2025 ANNUAL REPORT BOARD OF DIRECTORS AND EXECUTIVES (CONTINUED) EXECUTIVE Olga Skorlyakova Gavin Chamberlain Pr Eng, BSc (Civil Eng), GDE, GAICD Chief Executive Officer MA (English), EMBA Vice President, Market Strategy Term of Office Chief Operating Officer since 3 February 2023, appointed as Chief Executive Officer 7 March 2024 Term of Office Since 29 May 2023 Skills, experience, and expertise Gavin is a deeply experienced minerals sector leader, with a successful track record spanning 30 years in construction, engineering, and project management, most particularly within the southern African mining industry. Skills, experience, and expertise Olga has over 25 years of experience in business development, sales, and market strategy in international business environments. Over the last 15 years, she has held executive roles within the nuclear fuel sector, initially with AREVA (now Orano) as Deputy Chief Representative for Russia and CIS countries. She then oversaw sales of enrichment services in the US market for TENEX. Most recently, Olga served as Senior Project Manager at the World Nuclear Association (WNA), where she was responsible for leading the WNA Fuel Report Working Group and co-ordinating input from 80 industry leaders into long-term nuclear fuel market forecasts. Since 2017, she was the co-author, editor, and head of publication of WNA’s flagship biennial report “The Nuclear Fuel Report: Global Scenarios for Demand and Supply Availability”. As the former COO of Kore Potash Limited, he was responsible for advancing its large-scale potash projects in the Sintoukola district of Republic of Congo. This role saw him hold technical and commercial oversight of all internal and external project teams, as well as fostering key lender and equity investor relationships. Prior to this, Gavin was the Regional Director, Mining and Minerals Africa of AMEC Foster Wheeler (now Wood plc). Within this role, he was also the responsible Project Director for the development of the Husab Uranium Project in Namibia, now one of the world’s largest operating uranium mines. Gavin held several other project management and general civil construction roles earlier in his career. BEng (Hons), MBA, GAICD, MAusIMM Vice President, Corporate Development Term of Office Since 28 January 2025 Werner Ewald BSc (Elect), MBA (Stellenbosch) Managing Director, Bannerman Mining Resources (Namibia) (Pty) Ltd Skills, experience, and expertise Matt is a high-performing mining executive who has worked across a variety of functional areas including technical (chemical engineering), marketing, commercial, investor relations, project development, and corporate development/M&A. In particular, he has recent and direct experience in the technical and commercial project development of African domiciled mineral assets. Term of Office Since 24 June 2010 Skills, experience, and expertise Werner joined Bannerman in June 2010 as the Etango Project Coordinator and is now the Managing Director of Bannerman Mining Resources Namibia. He has 40 years professional experience of which he spent 22 years with Rio Tinto which included 20 years at the Rössing Uranium Mine in Namibia and 2 years at the Tarong Coal Mine in Queensland, Australia. He held numerous operational roles at Rössing including Engineering Manager, Mine Operations Manager and Business Improvement Manager. Prior to Rio Tinto he worked with the De Beers Group at their underground operations near Kimberly, South Africa and the Namdeb alluvial operations in Namibia. BANNERMAN ENERGY LTD Matthew Horgan Prior to joining Bannerman, Matt held the role of Head of Corporate Development and Investor Relations at ASXlisted Tanzanian rare earths developer, Peak Rare Earths (ASX:PEK). Prior to that, he was a Senior Associate at leading boutique investment bank, Azure Capital. Matt’s early career spanned approximately 10 years with global aluminium major, Alcoa (NYSE:AA). There he held various roles including Manager, Global Corporate Development and Business Development and Commercial and Marketing Specialist. 6 2025 ANNUAL REPORT DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2025 The directors present their report on the consolidated entity comprising Bannerman Energy Ltd (“Bannerman” or the “Company”) and its controlled entities (the “Group”) for the year ended 30 June 2025 (“the financial year”). Bannerman is a company limited by shares that is incorporated and domiciled in Australia. BOARD OF DIRECTORS The directors of Bannerman in office during the financial year and up to the date of this report were: Name Brandon Munro Alison Terry Ian Burvill Felicity Gooding Clive Jones Mike Leech Bruce McFadzean Position Independent Executive Chairman/Managing Director Lead Independent Director Non-executive Director Non-executive Director Non-executive Director Non-executive Director Non-executive Director No Yes Yes Yes Yes Yes Yes Retired Appointed 9 March 2016 13 October 2022 14 June 2012 15 November 2024 22 January 2025 12 January 2007 12 April 2017 10 March 2025 18 November 2024 - COMPANY SECRETARIES The joint company secretaries of Bannerman in office during the financial year and up to the date of this report were: Name Appointed Stephen Herlihy Karen Logan 24 January 2022 22 April 2025 INFORMATION ON DIRECTORS AND COMPANY SECRETARIES Particulars on the skills, experience, expertise and responsibilities of each director and the company secretary at the date of this report, including all directorships of other companies listed on the Australian Securities Exchange, held, or previously held by a director at any time in the past three years, are set out on pages 3 to 6 this report. BOARD MEETING ATTENDANCE Particulars of the number of meetings of the Board of directors of Bannerman and each Board committee of directors held and attended by each director during the 12 months ended 30 June 2025 are set out in Table 1 below. Table 1. Directors in Office and attendance at Board and Board Committee Meetings during the financial year Board committee meetings Brandon Munro Alison Terry Ian Burvill Felicity Gooding Clive Jones Mike Leech Bruce McFadzean Board meetings Audit Committee A 6 6 3 3 6 5 3 A 2* 2 1 1 2* 2 1* B 6 6 3 3 6 5 3 Remuneration, Nomination and Corp. Governance Committee B 2 1 1 2 - A 2* 2 1 1* 2 1* 1 B 2 1 2 1 Sustainability Committee Pricing Offtake Committee# A 2* 2 1* 1 2 1 - A 3 2 1 2 - B 2 1 2 1 - B 3 2 1 2 - A = Number of meetings attended B = Number of meetings held during the time the director held office or was a member of the relevant committee during the year. * Indicates that a director attended some or all meetings by invitation whilst not being a mem