DEVELOP GLOBAL LIMITED — Board/Management Information 2023

Jan 30, 2023

ASX Announcement January 31, 2023

Resignation of Director

Develop (ASX: DVP) advises that further to its announcement of October 18, 2022, Michelle Woolhouse has resigned as a Non-executive Director, effective today.

As stated last year, Ms Woolhouse advised the Board that she was resuming her executive career in the banking sector.

Develop Chairman Michael Blakiston said: “On behalf of the Board, I would like to thank Michelle for her significant contribution the Company. We wish her all the best for her return to the banking sector”.

Authorised for ASX release by the Board of the Company.

Investor Enquiries

Bill Beament DEVELOP Global Limited T: +61 8 6389 7400

E: hello@develop.com.au

Media Enquiries

Paul Armstrong Read Corporate P: +61 8 9388 1474

E: info@readcorporate.com.au

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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