Directorate Change

NeoTerra Group Plc (LSE: TERA) (OTCQB: ANRCF), the African critical minerals exploration and development company, announces that Rémy Welschinger has been appointed as Non-Executive Chairman with effect from 1 November 2026, succeeding Harvey Sinclair.

Harvey will continue as Chairman until that date, working with the Board and his successor to ensure an orderly handover and continuity as the Company progresses its strategy.

The Board wishes to recognise Harvey's contribution during his tenure. He has brought commercial leadership, strategic perspective and a strong commitment to shareholder interests, supporting the Company's strategic development and constructive engagement with shareholders and advisers.

Rémy Welschinger brings extensive experience in international capital markets, corporate finance and the natural resources sector. His background combines institutional financial markets experience, including fixed income and commodities, with involvement in the financing, strategic development and growth of listed mining and exploration companies. Rémy is the CEO of Arc Minerals Limited and a director of Firering Strategic Minerals plc. His industry network, financial expertise and experience of supporting resource companies through their development will be valuable to NeoTerra as it advances its existing projects.

Cédric Simonet, CEO, commented:

"On behalf of the Board, I would like to thank Harvey for his leadership, commitment and valuable contribution to NeoTerra.

"We are grateful for his contribution and his support in ensuring an orderly handover. Harvey leaves with our sincere appreciation and best wishes for his continued success. We look forward to welcoming Rémy Welschinger as Chairman."

Harvey Sinclair, outgoing Chairman, commented:

"It has been a privilege to serve as Chairman of NeoTerra and to contribute to its development. I am proud of the work we have undertaken together and grateful for the support of our shareholders, fellow Board members and advisers.

"I remain supportive of the Company's strategy and, as a shareholder, look forward to following its progress. I wish Rémy, Cédric and the team every success and will work with them to ensure a smooth and orderly handover."

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NeoTerra Group Plc

Cédric Simonet, CEO +44 (0) 7769 555 757 (Cedric.Simonet@neoterra-group.com)

Louise Adrian, CFO +44 (0) 7721 492 922 (Louise.Adrian@neoterra-group.com)

Strand Hanson (Financial Adviser) +44 (0) 20 7409 3494

Christopher Raggett

Imogen Ellis

Zeus Capital (Corporate Broker) +44 (0) 20 3829 5000

Simon Johnson

James Hornigold

• 13.6Mt at 2.42% TREO
• 3.48Mt at 20.6% CaF2
• 11.73Mt at 54.7g/t Ga2O3

The project is held under a 25-year mining licence and has received US Government support in the form of a US$1.875 million grant from USTDA to advance the rare earths component through the prefeasibility stage.