TURNSTONE RESOURCES LTD — Board/Management Information 2024

Jan 28, 2024

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ASX ANNOUNCEMENT

29 January 2024

NEW CHAIR APPOINTMENT

South Harz Potash Limited (ASX:SHP) ( South Harz or the Company ) advises that existing non-executive director, Mr Len Jubber, has been appointed to the role of Non-Executive Chairman, effective from 1 February 2024.

Len’s elevation to the Chair role follows the decision of incumbent South Harz Chairman, Mr Ian Farmer, to retire from the Board for personal reasons.

Len was appointed to the South Harz Board in March 2021 and is a civil engineering by training. With a professional mining and executive career spanning more than 30 years, he possesses a wealth of technical, commercial, and listed company leadership experience.

South Harz Non-Executive Chairman, Len Jubber, said, "Given my strong belief in the underlying opportunity and value of the South Harz Potash Project, I am excited to be assuming the Chair role. I would like to take this opportunity, also on behalf of the rest of the Board, to extend my deep gratitude to Ian for his tireless work in furthering the interests of South Harz and our flagship Ohmgebirge Development. Ian, I know you will remain a strong ally of the business moving forward.”

Retiring South Harz Non-Executive Chairman, Ian Farmer, commented, "It has been my privilege to serve the shareholders of South Harz for the past three and a bit years. I step down with the satisfaction of seeing the Ohmgebirge Development in a substantially more advanced position, with considerably more underlying value built, than when South Harz took ownership of it. In saying that, and alongside all shareholders, I am disappointed that this robust underlying value proposition is not being reflected in current market trading levels for South Harz. However, this is also the significant long-term opportunity that exists for Len and the broader South Harz team. I look forward to following and supporting the future journey wherever I can.”

This ASX release has been approved by Managing Director, Luis da Silva.

Investor and media enquiries

Luis da Silva Michael Vaughan Managing Director and CEO Fivemark Partners South Harz Potash Ltd +61 422 602 720 info@southharzpotash.com michael.vaughan@fivemark.com.au

CONTACT DETAILS W: southharzpotash.com E: info@southharzpotash.com P: +61 (0) 408 447 493

780.1 M Ordinary Shares 113.4 M Unlisted Options

ABN: 64 153 414 852 ASX Code: SHP Frankfurt Code: A2DWXX

U13, 6 – 10 Douro Place West Perth WA 6005

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About South Harz

South Harz Potash (ASX: SHP) ( South Harz ) is a potash exploration and development company with its flagship project located in the South Harz Potash District region of Germany, midway between Frankfurt and Berlin.

The South Harz Project hosts a globally large-scale potash JORC (2012) Mineral Resource estimate of 5 billion tonnes at 10.6% K2O of Inferred resources and 258 million tonnes at 13.5% K2O of Indicated Resources across four wholly-owned project areas located favourably within central Europe.[1] This comprises three perpetual potash mining licences, Ohmgebirge, Ebeleben and Mühlhausen-Nohra, and two potash exploration licences, Küllstedt and Gräfentonna, covering a total area of approximately 659km.

With strong established infrastructure proximate to the key European market, the South Harz Project is well positioned to enable rapid economic development across multiple deposits.

South Harz Potash: Growing a responsible potash business in the heart of Germany.

www.southharzpotash.com

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1. Refer to South Harz ASX release dated 12 July 2022 for full Mineral Resource estimate details. In accordance with ASX Listing Rule 5.23, the Company is not aware of any new information or data that materially affects the information included in this release, and the Company confirms that, to the best of its knowledge, all material assumptions and technical parameters underpinning the estimates in these releases continue to apply and have not materially changed.

CONTACT DETAILS

780.1 M Ordinary Shares 113.4 M Unlisted Options

ABN: 64 153 414 852 ASX Code: SHP Frankfurt Code: A2DWXX

U13, 6 – 10 Douro Place West Perth WA 6005

W: southharzpotash.com E: info@southharzpotash.com P: +61 (0) 408 447 493