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DEVELOP GLOBAL LIMITED Board/Management Information 2022

Aug 22, 2022

64801_rns_2022-08-22_bd220577-2627-492c-a3cf-a8bca6ce30cc.pdf

Board/Management Information

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ASX Announcement August 23, 2022

Appointment of Company Secretary

Develop (ASX: DVP) advises that Trevor Hart has resigned as Company Secretary and Chief Financial Officer.

Develop Managing Director Bill Beament thanked Mr Hart for his long and productive service to the Company. “Trevor played a central role in our recapitalisation and our acquisition of the Woodlawn zinc-copper project,” Mr Beament said.

“On behalf of the Board, I thank Trevor for his counsel and commitment to our Company. We wish him all the best for the future.”

Develop is in the process of recruiting a CFO replacement.

Steven Wood has been appointed Interim Company Secretary. Steven is a Director of Grange Consulting Group Pty Ltd and specialises in providing corporate advisory, governance, and financial compliance consulting services to a number of ASX listed and unlisted entities.

Develop also advises a change in the Company’s registered address and principle office to 234 Railway Parade, West Leederville, WA 6007. Telephone and PO Box contact details remain unchanged.

Authorised for ASX release by Managing Director Bill Beament.

Investor Enquiries

Media Enquiries

Bill Beament Paul Armstrong DEVELOP Global Limited Read Corporate T: +61 8 6389 7400 P: +61 8 9388 1474 E: [email protected] E: [email protected]

About Develop

Develop (ASX: DVP) has a twin-pronged strategy for creating value. The first of these centres on the exploration and production of future-facing metals. As part of this, the Company owns the Sulphur Springs copper-zincsilver project in WA’s Pilbara region. This project is currently the focus of ongoing exploration to grow the inventory and various development studies. Develop also owns the Woodlawn zinc-copper project in NSW. Woodlawn, which is on care and maintenance, comprises an underground mine, a significant JORC Resource and Reserve and a new processing plant. The second plank of Develop’s strategy centres on the provision of underground mining services. As part of this, Develop has an agreement with Bellevue Gold (ASX: BGL) to provide underground mining services at its Bellevue Gold Project in WA

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