KINGSROSE MINING LIMITED — Board/Management Information 2021

Jun 28, 2021

ASX Announcement 29 June 2021

Fabian Baker appointed Managing Director

Kingsrose Mining Limited (ASX: KRM) (“ Kingsrose ” or the “ Company ”) is pleased to advise that Chief Executive Officer Fabian Baker has been appointed Managing Director, effective immediately.

Mr Baker, a highly experienced geologist was appointed Chief Executive Officer in February this year. Since then, Mr Baker has overseen a comprehensive and systematic review of the Company and its activities which has resulted in the evolution of a new exploration focussed strategy.

Kingsrose Chairman Dr Michael Andrews said Mr Bakers appointment to the Board was part of the Company’s strategy to ensure it has the appropriate blend of strategic, commercial and technical experience as it embarks on its next chapter of growth aimed at maximising value for all stakeholders.

“The Board has worked alongside Fabian over the last four months in his role as Chief Executive Officer and believes Fabian’s appointment to the Board is a natural evolution in light of his performance to date in leading the Company as it transitions from gold producer to an exploration company. We look forward to working with and supporting Fabian as he refines and develops the Company’s exploration strategy at Way Linggo in Indonesia as well as assessing other project acquisition opportunities.”

There have been no changes to the terms and conditions of Mr Baker’s employment contract as announced to the ASX on 8 February 2021.

-ENDS-

For more information please contact:

Dr Michael Andrews Chairman +61 8 9381 5588 info@kingsrosemining.com.au

This announcement has been authorised for released to the ASX by the Board.

For further information regarding the Company and its projects please visit www.kingsrosemining.com.au

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