FORTUNA METALS LTD — Board/Management Information 2021

Oct 21, 2021

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Address Level 8, 99 St Georges Terrace Perth WA 6000 Phone +61 8 9486 4036

ABN 96 095 684 389 WEBSITE www.frontierresources.net.au

ASX Limited Market Announcements Platform

22 October 2021

Board Changes

Frontier Resources Limited ( Frontier or the Company ) is pleased to announce that Mr Brian Thomas has accepted an invitation to join the Board of Frontier and will be appointed as a Non-Executive Director effective 22 October 2021.

Mr Thomas is a very experienced Director and Corporate Executive with significant domestic and international resources management experience. He is the principal of a boutique corporate advisory practice working with small to mid-market capitalisation companies and investor groups predominantly in the resources industry overseeing market oriented technical reviews plus advising on corporate finance, mergers & acquisitions and investor relations. He has held both Executive and Non-Executive Director roles with numerous ASX listed and unlisted companies after an extensive career in the financial services sector in corporate stockbroking, investment banking, funds management and corporate banking. He has more than 35 years of mining and exploration industry experience in a broad range of commodities from precious and base metals, bulk and industrial minerals, diamonds plus oil and gas.

Mr Thomas graduated from the University of Adelaide with a BSc in Geology and Mineral Economics, the University of Western Australia Business School with an MBA and the Securities Institute of Australia (now FinSIA) with a certificate in Applied Finance and Investment.

The Board further advises that Ms Jessica O’Neil has resigned as a Director of the Company. The Board wishes to thank Ms O’Neil for her contribution made during her tenure as a Non-Executive Director.

Chairman Alec Pismiris said : “We are delighted to welcome Brian as a Non-Executive Director of Frontier. He brings significant experience in mining and financial services and has a track record of success in the junior exploration and mining sector.”

This announcement has been authorised for release by the Directors of the Company.

Alec Pismiris

Non‐Executive Chairman

For additional information please visit our website at www.frontierresources.net.au

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