Resignation of Managing Director

Aura Energy Limited (ASX: AEE, AIM: AURA) ('Aura' or the 'Company') advises that Mr Andrew Grove has tendered his resignation as Managing Director and Chief Executive Officer. Whilst Andrew's resignation is effective immediately, consistent with his contract, Andrew will continue to provide Aura support for the ensuing six months.

Since joining Aura as a strategic consultant in January 2024, and subsequently as Managing Director and Chief Executive Officer from 30 January 2024, Andrew has driven and overseen significant progress at our flagship Tiris Uranium project in Mauritania. We are grateful for his significant contribution to progressing the project across all facets. Andrew has also helped position Häggån polymetallic project for success, at a time when the Swedish government is moving to repeal the ban on uranium mining.

The Board and management of Aura are grateful to Andrew for his significant contributions, integrity, and dedication throughout his tenure, and take this opportunity to extend their thanks for all his work and to wish him every success with his future endeavours.

Executive Chair Philip Mitchell has been working closely with Andrew, including the transition from non-executive chair to executive chair announced on 10 June 2025. Mr Mitchell will continue in his role and assume accountability for day-to-day operational management thereby ensuring continuity, specifically regarding critical current workflows including funding discussions with the U.S. International Development Finance Corporation and potential strategic partners. A process to appoint a Lead Independent Director from amongst the Non-Executive Directors has commenced.

Authorisation for release

This announcement is authorised for release by the Board of Aura Energy Limited.