Announcement • Jul 10
EcoGraf Limited Announces Board Appointments, Effective July 09, 2026 EcoGraf Limited announced the appointment of Mr. Sven Olsson as an Independent Non-Executive Director and Dr. Peter Schuhmacher as Advisor to the Board to drive global expansion, following the positive progress of EcoGraf HFfree Purification Technology, effective July 09, 2026. Mr. Sven Olsson's appointment strengthened the Company's international governance capability and further supported the rapidly growing German and broader European shareholder base, with German shareholders representing a significant proportion of the Company's register. Based in Goeppingen, Germany, Mr. Olsson brought more than a decade of board experience with resource and technology companies, together with extensive networks across European capital markets, industrial groups, and the rapidly expanding EV and battery materials supply chain. His appointment enhanced EcoGraf's strategic positioning in Europe at a time when the region was accelerating investment in secure, ESG aligned critical minerals. EcoGraf experienced a significant increase in investment from Germany and the EU, reflecting strong regional interest in the Company's natural graphite and battery anode materials strategy. Mr. Olsson's appointment provided direct board level representation aligned with European investor expectations, strengthened communication with the Company's regional shareholder group, and enhanced governance oversight consistent with EU ESG and critical minerals frameworks. Mr. Olsson supported the Company in various advisory capacities over the years, including offtake negotiations and facilitating access to debt financing. Dr. Peter Schuhmacher is a respected global battery materials leader with over 30 years' international experience in advanced materials, battery chemicals and industrial operations. He holds various positions as board member and senior advisor across the battery value chain and until recently served as President of BASF's Battery Materials, Recycling and Catalysts Division. Dr Schuhmacher, brings extensive battery materials and automotive supply chain experience in markets relevant to EcoGraf's HFfree\xAE BAM strategy. His senior roles included customer engagement and strategic partnerships with leading battery and EV companies, providing EcoGraf with valuable insight into qualification, procurement and long-term supply requirements. At BASF, Dr Schuhmacher leads research, technology, scale-up and investment to develop sustainable, regionally aligned battery materials ecosystems. New Risk • May 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$138.5m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$11m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$138.5m market cap, or US$99.0m). Announcement • Jan 23
EcoGraf Limited Delivers Gold Results and Strategy Including 4.45 G/T Gold Rock Chip Sample EcoGraf Limited announced that the company holds large legacy tenure in the Archean and Proterozoic terrains in Tanzania highly prospective for gold. Following a gold prospectivity study and a maiden exploration program, priority gold targets have been identified in the Northern, Southern and Western parts of Tanzania collectively named the Golden Frontiers The Golden Frontier gold projects include the Golden Eagle Gold Project (Golden Eagle) and 3 Frontier gold projects covering over 3,000 km2 of ground. 21 highly prospective gold prospects have been identified at the Southern, Northern and Western Frontiers. The maiden exploration program, supported by new geological and structural mapping, geophysics and historical mineral observations, has delivered strong high grade gold results Southern Frontier Gold Project (Southern Frontier). 5 highly prospective gold prospects identified, with the maiden program at the Hazina prospect producing excellent results. Results at Hazina includes a 4.45 g/t gold rock chip sample along with strong stream sediment results including 8,820 ppb gold with visible gold observed in 5 of the stream sediment samples. The results show significant prospectivity over a 3 km length with the highest results coincident with a large geophysical anomaly, demonstrating potential for a substantial Proterozoic gold discovery similar to Handani (1.0 Moz) or New Luika (1.1 Moz). gold deposits. New prospecting licence applications covering 573 km2 submitted to expand the Southern Frontier area Golden Eagle Gold Project (Golden Eagle). Project is located on the eastern margin of the world class +70 Moz gold Archean Lake Victoria Goldfields in the same structural corridor as the historical 3.4 Moz Golden Pride gold mine. Project covers the direct interpreted northeast continuation of the Banded Iron Formation (BIF) that hosts the high-grade Winston gold deposit, which has returned drill intercepts of 16 m @ 55.23 g/t gold from 116 m. Several untested and under-explored gold prospects exist, where shear zones and faults crosscut the BIF units of Golden Eagle Arising from the commencement of the farm-in agreement, the Company received payment of AUD491.6,000 from AGA which included reimbursed costs. Northern and Western Frontier Gold Project: New geological and exploration models developed and delineated 16 priority gold prospects including historic gold and copper occurrences. The Proterozoic belts covered by the Northern and Western Frontier Gold projects are considered highly prospective for gold and geologically analogous to other Tanzanian Proterozoic goldfields, including Mpanda and New Luika Government of Tanzania (GoT) supportive of the mining sector, proactively working with foreign companies and partners to develop the country's deposits into global-leading mines and aims to become a Sub-Saharan Africa's mining hub. Across the Frontier projects, further potential exists for lithium pegmatite, copper and nickel sulphide mineralisation. In relation to Figure 2, the stream sediment and rock chip sample assay results in this announcement relate to the Hazina sampling program and laboratory analysis results are set out below. Work continues to further develop the Golden Frontier gold exploration model as more data becomes available, but the " source-pathway-trap" approach to targeting continues to form the foundation. 
