Appointment of Chief Financial Officer

Kenmare Resources

20/12/2024 07:00

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Kenmare Resources plc
(“Kenmare” or “the Company” or “the Group”)

20 December 2024

Appointment of Chief Financial Officer

Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers
of titanium minerals and zircon, is pleased to announce the appointment of
James McCullough as Chief Financial Officer. James will join Kenmare on 1 May
2025.

James’s appointment follows a thorough search process led by the Nomination
Committee, in conjunction with an independent executive search firm.

James brings extensive mining, strategic and financial experience to Kenmare,
having served for 14 years with Rio Tinto Plc (“Rio”), most recently as
General Manager - Group Strategy. During this time, he has held a number of
roles in Rio's Group Finance team, including in Business Evaluation, Shared
Services, and as Business Executive to the Rio Group CFO. He has also led and
supported key finance and strategic initiatives across several of Rio’s
businesses and functions.

Through his various roles, James has gained deep insight into all aspects of
the global mining industry, including titanium minerals operations and
markets. Prior to joining Rio, James was a Natural Resources Equity Analyst
with Davy Group, where he covered a wide range of natural resources
companies, including Kenmare.

James has a PhD in Engineering from University College Dublin and an Executive
MBA from Bayes Business School. He is also a Chartered Management Accountant.

James will succeed Tom Hickey who was appointed as Managing Director in August
2024. The role of Chief Financial Officer is not a Board position at present.

Statement from Tom Hickey, Managing Director:

“I am delighted to welcome James to Kenmare’s management team. James has
an outstanding combination of technical, financial and strategic experience,
which I believe will be of immense value to Kenmare over the coming years. He
has also known the Company for many years, having previously covered Kenmare
as an analyst.”

Statement from James McCullough:

“Kenmare has a unique position in the titanium minerals industry and
significant Mineral Resources that will provide opportunities for decades to
come. I have always admired Kenmare’s achievements, people and contributions
to its host communities, and I am delighted to have the opportunity to join
the organisation. I am looking forward to working with the management team and
Board to further strengthen the Company’s operational, financial and
sustainability performance.”

For further information, please contact:

Kenmare Resources plc 
Jeremy Dibb / Katharine Sutton 
Investor Relations 
ir@kenmareresources.com 
Tel: +353 1 671 0411 
Mob: +353 87 943 0367 / +353 87 663 0875

Murray (PR advisor) 
Paul O’Kane
pokane@murraygroup.ie 
Tel: +353 1 498 0300 
Mob: +353 86 609 0221

About Kenmare Resources

Kenmare Resources plc is one of the world's largest producers of mineral sands
products. Listed on the London Stock Exchange and the Euronext Dublin, Kenmare
operates the Moma Titanium Minerals Mine in Mozambique. Moma's production
accounts for approximately 8% of global titanium feedstocks and the Company
supplies to customers operating in more than 15 countries. Kenmare produces
raw materials that are ultimately consumed in everyday quality-of life items
such as paints, plastics and ceramic tiles