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DEVELOP GLOBAL LIMITED Board/Management Information 2022

Aug 28, 2022

64801_rns_2022-08-28_c981044c-1034-4036-b33c-72549e16d225.pdf

Board/Management Information

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ASX Announcement August 29, 2022

Appointment of Interim CFO

Develop (ASX: DVP) advises that Alan Rule has been appointed Interim Chief Financial Officer, effective September 1, 2022.

Mr Rule is a highly experienced Chartered Accountant and public company Director. He is currently a Nonexecutive Director of AIM-listed uranium trader Yellow Cake PLC and was previously CFO of ASX-listed resources companies including Galaxy Resources, Paladin Energy, Mount Gibson Mines and St Barbara Mines.

In these roles, Mr Rule has overseen substantial global debt and equity raisings and played key roles in merger and acquisitions and resource project management.

Authorised for ASX release by Managing Director Bill Beament.

Investor Enquiries

Bill Beament DEVELOP Global Limited T: +61 8 6389 7400 E: [email protected]

Media Enquiries

Paul Armstrong Read Corporate P: +61 8 9388 1474 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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