MOHO RESOURCES LIMITED — Board/Management Information 2022

Jul 3, 2022

EXECUTIVE MANAGEMENT CHANGES

Moho Resources Limited (Moho or the Company) (ASX: MOH) is pleased to announce the following changes to the executive management team:

Founding Managing Director Mr Shane Sadleir has retired effective 4 July 2022 to spend more time on private interests. Mr Sadleir will continue to act in a non-executive director capacity and provide technical and corporate services to the Company on an as needs basis.

Commercial Director Mr Ralph Winter has been appointed Managing Director, effective from the same date. As a founding director and Commercial Director and Company Secretary of Moho, Mr Winter has knowledge and understanding of all strategic and operational aspects of the Company.

For the purposes of ASX Listing Rule 3.16.4, a summary of the material terms of Mr Winter and Mr Sadleir’s employment terms and remuneration package is included at Appendix A.

The Board changes complement the previously announced appointment of Wouter Denig as Chief Geologist. Wouter has 30 years mineral exploration experience. Prior notable employment includes exploration leadership positions with Codrus Minerals, Western Areas, IGO, MPI & Polaris Metals exploring for nickel sulphides, base metals and gold throughout WA. Wouter holds a Master’s Degree of Geology Majoring in Structural Geology.

Commenting on these executive management changes, Moho’s Chairman Mr Terry Streeter said:

“The Board would like to thank Shane for his outstanding contribution since before the Company listed in 2018. I look forward to working with Moho’s new executive team lead by Ralph with their renewed exploration focus on nickel and critical metals so important for a greener future.”

ENDS

The Board of Directors of Moho Resources Ltd authorised this announcement to be given to ASX.

For further information please contact:

Ralph Winter, Managing Director T: +61 435 336 538 E: ralph@mohoresources.com.au

4 July 2022

Appendix A:

Key Terms of Appointment for Ralph Winter

	Commencement Date	1 July 2022
	Position	Managing Director
	Term	Continue until terminated in accordance with Executive Services Agreement
	Fixed Remuneration	$200,000 (excluding superannuation)
		The Company may terminate Mr Winter’s employment by providing 6
	Termination and Notice	months’ notice and then making a payment to Mr Winter’s equal to 6 months’ salary at the end of that period.
		Mr Winter must provide 6 months’ notice to the Company.

Key Terms of Appointment for Shane Sadleir

	Commencement Date	1 July 2022
	Position	Non-Executive Director
	Term	Continue until terminated in accordance with Letter of Appointment
	Fixed Remuneration	$48,000 (excluding superannuation)
	Other	Mr Sadleir will be paid at agreed day rate of $1,000 (plus superannuation) on an as needs basis for duties in addition to his Non-Executive Director duties.