Appointment of CFO and Senior Management Change

Neo Energy Metals plc (LSE: NEO; A2X: NEO), the uranium and gold developer, is pleased to announce the appointment of Ms Elmarié Maritz CA(SA) (“Elmarié”) as Chief Financial Officer ("CFO").

Ms Maritz is a Chartered Accountant with over two decades of CFO and senior finance leadership experience in the mining sector, with a particular depth of experience in the PGM industry. She spent close to a decade at Sedibelo Resources Group, latterly as Group CFO (2016 to 2025).

At Sedibelo, she was responsible for the financial and funding strategy alongside the Chief Executive Officer ("CEO") and Board. Her achievements include the preparation for a proposed New York Stock Exchange listing up to F-1 filing, negotiating USD100 million in metal stream agreements, and securing combined debt facilities of R1 billion with Nedbank and the Industrial Development Corporation.

She holds a B.Comm (Acc) from the University of Pretoria and a B.Compt (Hons) Acc, CTA and Post Graduate Diploma in Auditing from UNISA, and qualified as a CA(SA) in November 2001.

The Company also announces that Mr Martin Westerman, who served as Acting Chief Financial Officer since 8 June 2026, has moved to the newly created role of Group Head – Operations and Project Delivery.

In this role, Mr Westerman will act as a strategic and operational extension of the CEO, with a primary focus on the execution of the Company's mining, technical and project-development strategy. He will co-ordinate delivery across Neo Energy's project portfolio, including the Beisa and Henkries projects, integrating mining, geology, metallurgy, engineering, project controls, operations, health and safety, environmental, regulatory, financial and commercial workstreams into clear, decision-ready programmes.

Mr Westerman will support the CEO with visibility over technical progress, project schedules, budgets, critical-path activities, operational-readiness requirements and material execution risks, and will strengthen co-ordination between corporate and site-based teams to ensure that approved technical and project priorities move from decision to disciplined implementation.

Theo Botoulas, Chief Executive Officer of Neo Energy, commented:

“Elmarié brings two decades of CFO and senior finance leadership experience in the mining sector, including deep exposure to the platinum industry and a strong track record on major funding transactions. Her appointment strengthens our finance function at a pivotal time as we advance our two projects, and the Board and I are confident she is the right person for the role of CFO. I would like to thank Mr Martin Westerman for the excellent contribution he has made as Acting Chief Financial Officer, and I am delighted that his deep knowledge of our projects and operations will now be applied in his new role as Group Head – Operations and Project Delivery.”

This announcement contains information which is considered to be inside information for the purposes of the UK Market Abuse Regulation. Upon the publication of this announcement via Regulatory News Service, this inside information is now considered to be in the public domain.