Atlantic Lithium Management

Management criteria checks 2/4

Atlantic Lithium's CEO is Keith Muller, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is A$1.15M, comprised of 38.9% salary and 61.1% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth A$45.81K. The average tenure of the management team and the board of directors is 1.5 years and 3.3 years respectively.

Key information

Keith Muller

Chief executive officer

AU$1.2m

Total compensation

CEO salary percentage	38.9%
CEO tenure	1.5yrs
CEO ownership	0.03%
Management average tenure	1.5yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Keith Muller's remuneration changed compared to Atlantic Lithium's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$450k	-AU$13m
Mar 31 2024	n/a	n/a	-AU$13m
Dec 31 2023	n/a	n/a	-AU$14m
Sep 30 2023	n/a	n/a	-AU$13m
Jun 30 2023	AU$2m	AU$223k	-AU$12m

Compensation vs Market: Keith's total compensation ($USD750.41K) is above average for companies of similar size in the Australian market ($USD297.81K).

Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.

CEO

Keith Muller

1.5yrs

Tenure

AU$1,154,727

Compensation

Mr. Keith Muller, B.ENG, MMINENG, serves as Independent Non-Executive Director of Bulletin Resources Limited since February 3, 2023. He serves as Chief Executive Officer at Atlantic Lithium Limited since M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Neil Herbert	Executive Chairman	9.8yrs	AU$2.02m	1.23% A$ 1.9m
Keith Muller	CEO & Executive Director	1.5yrs	AU$1.15m	0.030% A$ 45.8k
Amanda Harsas	CFO, Finance Director	4yrs	AU$1.55m	0.68% A$ 1.0m
Ahmed-Salim Adam	General Manager of Operations	less than a year	no data	no data
Belinda Gethin	GM of Corporate Finance & Company Secretary	less than a year	no data	no data
Simone Horsfall	General Manager of People	less than a year	no data	no data
Iwan Williams	General Manager of Exploration	no data	no data	no data
Michael Bourguignon	Head of Capital Projects	no data	no data	no data
Mark Schild	Group Financial Controller	3.6yrs	no data	no data

1.5yrs

Average Tenure

Experienced Management: A11's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Neil Herbert	Executive Chairman	9.8yrs	AU$2.02m	1.23% A$ 1.9m
Keith Muller	CEO & Executive Director	1.4yrs	AU$1.15m	0.030% A$ 45.8k
Amanda Harsas	CFO, Finance Director	2.7yrs	AU$1.55m	0.68% A$ 1.0m
Jonathan Henry	Independent Non-Executive Director	less than a year	AU$50.88k	0.0078% A$ 11.8k
Kieran Daly	Non-Executive Director	5.6yrs	AU$80.42k	no data
Christelle van der Merwe	Non-Executive Director	3.9yrs	AU$80.42k	no data
Edward Nana Koranteng	Independent Non-Executive Director	less than a year	AU$11.88k	no data
Holly Waldeck	Alternate Director	4yrs	no data	no data

3.3yrs

Average Tenure

54yo

Average Age

Experienced Board: A11's board of directors are considered experienced (3.3 years average tenure).

Atlantic Lithium Management

Management criteria checks 2/4

Key information

Recent management updates

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Less than half of directors are independent

Atlantic Lithium Limited Announces Appointment of Edward Nana Yaw Koranteng to It's Board of Directors as Independent Non-Executive Director

Less than half of directors are independent

Atlantic Lithium Limited Announces Board Changes

Recent updates

Price target decreased by 8.5% to AU$0.72

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.

New minor risk - Market cap size

Less than half of directors are independent

Atlantic Lithium Limited Announces Grant of Ewoyaa Lithium Mining Project EPA Permit

Atlantic Lithium Limited Announces New Dog-Leg Target Delivers Increase to Ewoyaa MRE

Atlantic Lithium Limited Provides Ewoyaa Lithium Project Update

Price target decreased by 8.7% to AU$0.73

Atlantic Lithium Limited Announces Appointment of Edward Nana Yaw Koranteng to It's Board of Directors as Independent Non-Executive Director

Atlantic Lithium Limited Announces Further Broad and High-Grade Assay Results from Resource Drilling Completed at the Ewoyaa Lithium Project in Ghana, West Africa

Price target decreased by 11% to AU$0.81

Less than half of directors are independent

Atlantic Lithium Limited Announces Multiple Broad and High-Grade Drill Intersections Resource Extension Drilling Results Ewoyaa Lithium Project, Ghana, West Africa

Minerals Income Investment Fund agreed to acquire 6% stake in Cape Coast Lithium Portfolio from Atlantic Lithium Limited (AIM:ALL) for $27.9 million.

Atlantic Lithium Limited Announces Board Changes

Atlantic Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.

Atlantic Lithium Limited Announces Maiden Feldspar Mineral Resource Estimate 15.7Mt At 40.2% Feldspar Ewoyaa Lithium Project, Ghana

Atlantic Lithium Limited Announces Multiple Broad Intervals of Visible Spodumene Has Been Observes in Drilling Outside of the Current Mineral Resource Estimate At Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Provides Project Development Update

Assore International Holdings Limited cancelled the acquisition of Remining shares of Atlantic Lithium Limited (AIM:ALL) from Piedmont Lithium Inc. (ASX:PLL) and others for AUD 290 million.

New minor risk - Share price stability

Forecast to breakeven in 2026

Forecast breakeven date pushed back to 2026

Atlantic Lithium Limited, Annual General Meeting, Nov 30, 2023

Price target increased by 11% to AU$1.00

Price target increased by 12% to AU$1.07

Atlantic Lithium Limited Announces Approval Granted to Divert Transmission Lines At Ewoyaa

Minerals Income Investment Fund (MIIF) entered into a non-binding agreement to acquire 6% minority stake in Ewoyaa Lithium Project from Atlantic Lithium Limited for $27.9 million.

Minerals Income Investment Fund agreed to acquire 6% stake in Cape Coast Lithium Portfolio from Atlantic Lithium Limited (AIM:ALL) for $27.9 million.

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Exploration Drilling Programme Underway At the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Exploration Drilling Programme Underway At the Ewoyaa Lithium Project in Ghana, West Africa

Piedmont Lithium Inc. (ASX:PLL) acquired 22.5 stake in Ewoyaa Lithium Project from Atlantic Lithium Limited (AIM:ALL).

Head of Business Development recently bought AU$52k worth of stock

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Explored at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Definitive Feasibility Study for the Ewoyaa Lithium Project

Atlantic Lithium Limited Announces Resignation of Stuart Crow as Senior Non-Executive Director

Atlantic Lithium Limited Announces Board Appointments

Atlantic Lithium Limited Appoints Len Kolff as Head of Business Development & Chief Geologist

Executive Chairman recently bought AU$943k worth of stock

Minerals Income Investment Fund in Talks over Atlantic Lithium Investment

Atlantic Lithium Limited Announces Ewoyaa Mineral Resource Increases to 35.3Mt

Atlantic Lithium Limited Announces Final Assay Results from the Resource and Exploration Drilling Programme at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme Now Completed At the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Board Changes

Forecast breakeven date pushed back to 2025

Less than half of directors are independent

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme Now Completed At the Ewoyaa Lithium Project (Ewoyaa or the Project) in Ghana, West Africa

Atlantic Lithium Limited, Annual General Meeting, Nov 30, 2022

Atlantic Lithium Limited Appoints Keith Muller as New Chief Operating Officer

Atlantic Lithium Confirms High-Grade Mineralization, Completing Drilling Program for Ghana Project

Atlantic Lithium Limited Announces Ongoing High-Grade Lithium Intersections At Ewoyaa

Atlantic Lithium Limited Announces Executive Changes

Atlantic Lithium Limited Provides Prefeasibility Study for Piedmont's Ghana Project

Piedmont Lithium Partner Atlantic Lithium Completes Prefeasibility Study for Ghana Project

Forecast breakeven date pushed back to 2025

Less than half of directors are independent

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age