Announcement • May 30
Kavango Resources plc Announces CEO Changes, Effective July 1, 2026 Kavango Resources PLC announced a planned transition of its Board of Directors and senior management team. Mr. Peter Wynter Bee, currently Interim Chief Executive Officer and Non-Executive Chairman, indicated his intention to step down from the Board with effect from July 1, 2026. Donald McAlister, currently Executive Interim Finance Director, will assume the role of Interim Chief Executive Officer from July 1, 2026, providing continuity while the Company continues its search for a permanent Chief Executive Officer. Peter Wynter Bee served as Interim Chief Executive Officer and Non-Executive Chairman of Kavango Resources PLC. Announcement • May 29
Kavango Resources plc Announces CFO Changes Kavango Resources PLC announced Donald McAlister, currently Executive Interim Finance Director, will assume the role of Non-Executive Chairman and Interim Chief Executive Officer from the same date, providing continuity while the Company continues its search for a permanent Chief Executive Officer. Additionally, the Company announced the appointment of Mr. Lorenz Werndle as Chief Financial Officer, with effect from July 20, 2026. Lorenz Werndle is a seasoned finance executive with experience spanning mining, strategy, corporate development, and M&A across Africa and international capital markets. Lorenz brings deep experience across listed-company finance, fundraising, balance sheet restructuring, treasury management, financial planning and analysis, and regulatory compliance across AIM and Nasdaq environments. His most recent experience includes serving as Chief Financial Officer of Blue Gold, a Nasdaq-listed company, where he helped lead Blue Gold's reverse takeover, Nasdaq listing and initial funding platform. Lorenz was previously Head of Corporate Development at Mwana Africa Plc, where he supported funding, restructuring, and turnaround initiatives across the group's African subsidiaries. He also served as Head of Business Development at Lonrho Plc. Earlier in his career, Lorenz advised mining companies on IPOs, fundraisings, and M&A transactions as a corporate finance professional at Ambrian Plc, and on corporate expansion strategies while at Accenture. 
