New Risk • May 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-US$2.2m free cash flow). Earnings have declined by 40% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (CA$97.5m market cap, or US$71.1m). New Risk • Feb 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Market cap is less than US$100m (CA$120.5m market cap, or US$88.3m). Tillkännagivande • Dec 24
Thunder Mountain Gold, Inc., Annual General Meeting, Jan 28, 2026 Thunder Mountain Gold, Inc., Annual General Meeting, Jan 28, 2026. Location: at the company`s offices, located at 11770 w. president drive, ste. f, idaho 83713, boise United States Tillkännagivande • Oct 28
Thunder Mountain Gold, Inc. announced that it has received $2.5 million in funding On October 27, 2025, Thunder Mountain Gold, Inc closed the transaction. All securities issued pursuant to the offering are subject to a statutory four-month hold period expiring February 24, 2026, in accordance with applicable Canadian securities laws and the policies of the TSX Venture Exchange. Final acceptance of the Private Placement remains subject to the TSX Venture Exchange. Tillkännagivande • Oct 04
Thunder Mountain Gold, Inc. Announces Appointment of Ralph Noyes as Chairman of the Board Thunder Mountain Gold, Inc. announced the unanimous Board approval of the appointment of Mr. Ralph Noyes, current Board Member, as Chairman of the Board. This appointment will split the duties of the Chairmanship, from the President and Chief Executive Officers duties. Mr. Noyes is a seasoned international mining executive with over 45 years of experience. He has a wealth of experience in exploration, mine and project management, executive management, junior mining company boards, and investment portfolio management. Ralph spent a large part of his career as Manager of Mines and Vice President of Metal Mining with Hecla Mining Company, with direct corporate operations responsibility for Yellow Pine Mine Stibnite Idaho (gold); Lucky Friday lead silver in Silver Valley, Idaho; Republic Knob Hill Mine -gold silver in Washington state; The Escalante silver mine in Utah; and Hecla's interests in the Galena and Coeur Mine in the Silver Valley, Idaho, and the Greens Creek Mine in Alaska, along with the Rosebud Mine in Pershing County, Nevada. His group discovered and developed both the Golden Promise deposit in Republic and the Gold Hunter deposit near the Lucky Friday Mine in Idaho. Ralph also managed several massive sulfide, gold, beryllium, germanium and gallium projects across North America - from Mexico to Canada. Ralph most recently spent 15 years in investment portfolio management with Salomon Smith Barney, then Wells Fargo Advisors. He worked with individuals and small businesses, specializing in working with mining executives. Tillkännagivande • Oct 03
Thunder Mountain Gold, Inc. announced that it expects to receive CAD 3.5 million in funding Thunder Mountain Gold Inc announced a non-brokered private placement of up to 10,000,000 units of the company at a price (CAD 0.35) $0.25 for gross proceeds (CAD 3,500,000) $2,500,000 on October 2, 2025. Each unit will consist of one share of the company's common stock and one-half common share purchase warrant. Each warrant will entitle the holder to purchase one additional share of common stock of the company at a price of (CAD 0.55) $0.4 for a period of 24 months from the date of issuance. Subject to regulatory approval, the company may close the private placement in one or more tranches. The transaction was approved by board of directors. The company has received conditional approval of the TSX Venture Exchange to the completion of the private placement and closing remains subject to satisfaction to the conditions required by the TSX Venture Exchange. New Risk • Aug 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$921k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-US$921k free cash flow). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$29.8m market cap, or US$21.6m). Tillkännagivande • Jul 07
Thunder Mountain Gold, Inc. Announces Field Work for the 2025 Exploration Season Has Begin at its South Mountain Mine Project in Owyhee County, Idaho Thunder Mountain Gold, Inc. announced that field work for the 2025 Exploration season has begun at its South Mountain Mine project in Owyhee County, Idaho. The intensive field exploration program is the first step in preparations for a planned drilling program later this season once targets are generated through interpretation of the geologic, geochemical and geophysical data through visualization of the data in the 3-D Leapfrog software. The Company has mobilized geologists, geophysicists and techs to conduct geological mapping, sampling, and advanced geophysical surveys across critical zones at South Mountain. These activities are designed to refine and expand target areas, while updating existing structural and stratigraphic models in advance of drilling. This phase of fieldwork includes: Comprehensive surface mapping and chip-channel sampling across key carbonate replacement deposits (CRD)_/skarn and porphyry-hosted zones. Drape Magnetic and Magnetotelluric (MT) surveys to delineate continuity of high-grade lenses and deep-seated targets. Ground truthing and follow-up on historical IP/geochemical anomalies to advance drill target confidence. Georeferencing historic data from Anaconda Mining and others into the model. Next steps: Following the completion of this phase of field program, Thunder Mountain plans to interpret the data and generate drill targets for fourth quarter drilling. Permitting for drilling is in progress, leveraging existing approvals for underground and surface exploration. Regarding Thunder Mountain Gold Inc. Thunder Mountain Gold Inc., a junior exploration company founded in 1935, owns interests in base and precious metals projects in the western U.S. The Company's principal asset is The South Mountain Mine, a historic former Anaconda Mining producer of zinc, silver, gold, lead, and copper, located on private land in Owyhee County Idaho. Thunder Mountain Gold also owns 100% of the Trout Creek Project - a gold exploration project located along the western flank of the Shoshone Mountain Range in the Reese River Valley, adjacent to and surrounded by Nevada Gold Mines, a Barrick and Newmont Gold Inc. joint venture. The South Mountain Project. The Project was intermittently mined from the late from 1940s to the late 1960s, most notably by Anaconda Mining. Over 4,000 feet of underground workings have been MSHA compliantly rehabilitated, re-engineered, and maintained in preparation for mining. Thunder Mountain Gold Inc. purchased and advanced the project from 2007 through Present, with expenditures into the project of approximately USD 25 million. Historic test mining and processing at the Project has mostly come from high-grade CRD and skarn zones that remain open at depth and along strike. According to historical smelter records, approximately 53,642 tons of mineralized material were mined and direct shipped to the historic Toole Utah smelter, with average grades of; 14.5% Zn, 10.6 o.p.t. Ag (363.42 g/t Ag), 0.058 o.p.t. Au (1.98 g/t Au), 1.4% Cu, and 2.4% Pb were realized. New Risk • Jun 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$623k). Earnings have declined by 44% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Market cap is less than US$100m (CA$26.3m market cap, or US$19.1m). New Risk • Apr 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$539k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-US$539k free cash flow). Shares are highly illiquid. Negative equity (-US$408k). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.52m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 12
Thunder Mountain Gold, Inc. Appoints Ron Espell as Chief Operating Officer Thunder Mountain Gold, Inc. announced the appointment of Ron Espell as Chief Operating Officer, effective immediately. The appointment reflect the Company's commitment to advancing its South Mountain Project and other strategic initiatives with a leadership team that brings deep operational and environmental expertise. Strengthening the Team with Proven Leadership, Ron Espell brings over 30 years of experience in environmental management, permitting, and mine development. He has held senior leadership positions at several major mining companies, including Barrick Gold, McEwen Mining, and Nevada Vanadium. With a strong background in regulatory compliance, environmental stewardship, and strategic mine planning, Mr. Espell has been instrumental in securing permits and advancing projects across North America and globally. As COO, he will oversee all operational aspects of Thunder Mountain Gold, ensuring the Company remains on track for efficient and responsible project execution. Board Change • Feb 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 17
Thunder Mountain Gold, Inc. announced that it has received $0.62 million in funding On December 16, 2024 the Thunder Mountain Gold, Inc. has closed the transaction and it has issued 12,400,000 units at $0.05 (CAD0.07) each for gross proceeds of $620,000 (CAD868,000). There were no broker fees paid. The shares, the warrants and any shares issued pursuant to exercise of the warrants are subject to a four-month hold period under Canadian securities laws. Tillkännagivande • Nov 29
Thunder Mountain Gold, Inc. announced that it expects to receive $0.67 million in funding Thunder Mountain Gold, Inc. announced a non-brokered private placement of up to 13,400,000 units of the Company at a price of $0.05 (CAD 0.07) per Unit for gross proceeds of up to $670,000 (CAD 938,000) on November 28, 2024. Each Unit will consist of one share of the Company's common stock and one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional share of common stock of the Company at a price of 0.10 (CAD0.14) for a period of 36 months from the date of issuance. Subject to regulatory approval, the Company may close the Private Placement in one or more tranches. The Private Placement remains subject to the approval of the TSX Venture Exchange. The securities issued in the Private Placement will be subject to a four-month hold period in accordance with the policies of the TSX Venture Exchange and applicable Canadian securities legislation. The transaction was approved by board of directors. Board Change • Nov 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 14
Thunder Mountain Gold, Inc. announced delayed 10-Q filing On 08/13/2024, Thunder Mountain Gold, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • Jun 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 11
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 14
Thunder Mountain Gold, Inc. Reports an Updated Mineral Resource Estimate and Provides Update Regarding the South Mountain Project Thunder Mountain Gold, Inc. recently reported an updated Mineral Resource Estimate incorporating results from surface diamond drilling program conducting in 2021 at the South Mountain Project ("South Mountain" or "South Mountain Project" or the "Property") in southwestern Idaho, U.S. A . The updated MRE includes an increased resource for the Project while maintaining the high-grade mineralization. The updated Independent MRE, which has an effective date of October 16, 2023, was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI-43-101") by Hard Rock Consulting, LLC, based in the U.S.A. A technical report for this MRE will be filed with SEDAR, and on the Company's website, within 45 days from the date of this news release. A summary of the Independent Resource Estimate in accordance with Regulation S-K (Subpart 1300) will also be included with the Company`s 2023 Form 10-K. Mr. Richard A. Schwering, P.G., SME-RM, a Resource Geologist with Hard Rock Consulting, LLC, is responsible for the South Mountain Project Mineral Resource Estimate with an effective date of October 16, 2023. Mr. Schwering is a Qualified Person as defined by NI43-101 and is independent of Thunder Mountain Gold Inc., and South Mountain Mines, Inc. Regarding The South Mountain Project: The South Mountain Mine is a polymetallic development project focused on high-grade zinc, silver, gold, and copper, and is located approximately 70 miles southwest of Boise, Idaho. The Project was intermittently mined from the late 1800s to the late 1960s (most notably by Anaconda Mining) and its existing underground workings remain intact and well maintained. Thunder Mountain Gold Inc. purchased and advanced the project from 2007 through 2022, with expenditures into the project of approximately USD 20 million. Historic production at the Project has largely come from high-grade massive sulfide bodies that remain open at depth and along strike. According to historical smelter records, approximately 53,642 tons of mineralized material has been mined to date. These records also indicate average grades; 14.5% Zn, 10.6 o.p.t. Ag (363.42 g/t Ag), 0.058 o.p.t. Au (1.98 g/t Au), 1.4% Cu, and 2.4% Pb were realized (See NI 43-101 Technical Report: Updated Mineral Resource Estimate for the South Mountain Project, dated June 15, 2021, Section 6.4 - Table 6-3 for more details. New Risk • Nov 15
New minor risk - Negative shareholders equity The company has negative equity. Total equity: -US$7.5k This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m (US$75k revenue). Market cap is less than US$10m (CA$4.21m market cap, or US$3.08m). Minor Risk Negative equity (-US$7.5k). Reported Earnings • Nov 15
Third quarter 2023 earnings released: US$0.002 loss per share (vs US$0.005 loss in 3Q 2022) Third quarter 2023 results: US$0.002 loss per share (improved from US$0.005 loss in 3Q 2022). Net loss: US$119.7k (loss narrowed 60% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Board Change • Nov 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 28
Full year 2022 earnings released: US$0.02 loss per share (vs US$0.009 loss in FY 2021) Full year 2022 results: US$0.02 loss per share (further deteriorated from US$0.009 loss in FY 2021). Revenue: US$300.0k (flat on FY 2021). Net loss: US$1.24m (loss widened 118% from FY 2021). Board Change • Mar 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 13
First quarter 2022 earnings released: US$0.008 loss per share (vs US$0.001 loss in 1Q 2021) First quarter 2022 results: US$0.008 loss per share (down from US$0.001 loss in 1Q 2021). Revenue: US$75.0k (flat on 1Q 2021). Net loss: US$511.7k (loss widened US$462.5k from 1Q 2021). Board Change • May 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 20
Third quarter 2021 earnings released: US$0.011 loss per share (vs US$0.017 profit in 3Q 2020) The company reported a decent third quarter result with improved revenues, although earnings and control over costs were weaker. Third quarter 2021 results: Revenue: US$325.0k (up 333% from 3Q 2020). Net loss: US$654.9k (down 163% from profit in 3Q 2020). Board Change • Nov 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Paul Beckman was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 