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FAR LIMITED Board/Management Information 2021

May 6, 2021

64899_rns_2021-05-06_25e8f693-40ab-410c-9d65-18a6c1103d0e.pdf

Board/Management Information

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7 May 2021

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Executive Director Tim Woodall to return to Non-Executive role

FAR Limited (ASX: FAR) announces that Tim Woodall will return to his previous role of Non-Executive Director. Tim will finish his executive duties with FAR in early July following a hand over period, including completion of the Senegal RSSD sale.

Chairman’s comments:

“The FAR Board is continuing to reduce the size of the executive team as part of the restructuring of the business that commenced in 2020.

I thank Tim for his hard work and expertise guiding FAR through the Senegal RSSD financing process, and more recently the RSSD sale. We are pleased to be able to retain Tim’s expertise on the FAR Board as he returns to the Non-Executive Director role he held prior to joining the Executive in September 2019.”

This announcement has been approved for release by the FAR Limited Disclosure Committee.

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