GLOBE METALS & MINING LIMITED — Board/Management Information 2021

Nov 16, 2021

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17 November 2021

The Manager, Companies Announcements Office ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000

Dear Sir/Madam,

Re: Organisational Changes

The Board of Globe Metals & Mining Limited (ASX: GBE , Globe or the Company ) wishes to advise of the following organisational changes which recognise the need for the chief executive to spend a significant amount of time on the African continent and at the project site focused on project development, financing and stakeholder engagement.

Mr Grant Hudson, the Company’s General Manager - Corporate Services who is resident in Malawi, will assume the role of Chief Executive Officer.

Mr Hudson is the former Managing Director and Chief Executive Officer of Bikita Minerals, the world’s foremost supplier of the lithium mineral petalite, and prior to that was Managing Director of Tantalite Holdings. Mr Hudson has considerable experience in managing teams and in managing complex mining and processing operations. He joined Globe in January 2021. Mr Hudson has a strong understanding of the project and of the marketing and financing initiatives underway as well as a strong rapport with the other members of the senior executive team.

Mr Stephens will remain in his current role until 9 January 2022 and will then transition to a position as Senior Adviser to the Board and Executive Management Team allowing for a smooth transfer of responsibilities and will ensure that Mr Stephens’ project specific knowledge and expertise across a range of areas including geology, mining, engineering design, marketing and funding continues to be available to the Company.

Since joining Globe in 2013, Mr Stephens has led a strong senior executive team and together they have successfully and significantly lowered the projected OPEX and CAPEX and improved metallurgical recoveries at the Kanyika Project. Mr. Stephens together with Mr Neville Huxham were instrumental in drafting the application and the feasibility document and ESIA in the application of the mining licence which the Malawian government granted to Globe in August 2021, with Globe becoming the first company to be awarded a mining licence under the new Mines Act of Malawi.

The Board thanks Mr Stephens for his leadership and contribution and welcomes Mr Hudson to his new role to lead the Company towards its stated objective of becoming the first new niobium mine globally in nearly 50 years.

This announcement has been authorised for release by the Board of Globe Metals & Mining Limited.

For further information please contact:

Michael Fry Company Secretary +61 8 6118 7240

Globe Metals & Mining Ltd | Unit 1, 26 Elliott Street, Midvale, WA, 6056 | PO Box 1811 West Perth WA 6872 | P: +61 6118 7240 | F: +61 8 6323 0418 web: www.globemm.com | Email: info@globemm.com | ABN 33 114 400 609 | ASX:GBE

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Disclaimer

• This announcement has been prepared by Globe Metals & Mining Limited (“Company”). The material contained in this announcement is for information purposes only. This announcement is not an offer or invitation for subscription or purchase of, or a recommendation in relation to, securities in the Company and nether this release nor anything contained in it shall form the basis of any contract or commitment.

• This announcement may contain forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Globe Metals & Mining Limited’s business plans, intentions, opportunities, expectations, capabilities and other statements that are not historical facts. Forward-looking statements include those containing such words as could-plan-target-estimate-forecast-anticipate-indicate-expect-intendmay-potential-should or similar expressions. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, and which could cause actual results to differ from those expressed in this report. Because actual results might differ materially to the information in this announcement, the Company does not make, and this announcement should not be relied upon as, any representation or warranty as to the accuracy, or reasonableness, of the underlying assumptions and uncertainties. Investors are cautioned to view all forward-looking statements with caution and to not place undue reliance on such statements.

• The announcement has been prepared by the Company based on information available to it, including information from third parties, and has not independently verified. No representation or warranty, express or implied, is made to the fairness, accuracy or completeness of the information or opinions contained in this announcement.

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