Altus Strategies Plc announced the appointment of Mr. Gérard De Hert as a non-executive director of the Company, effective immediately. Mr. De Hert is Managing Director (Technical Services) at La Mancha Holding S.à r.l ("La Mancha"). His appointment is in accordance with the terms of the Strategic Investment Agreement between La Mancha and the Company ("SIA") approved by shareholders on 18 February 2020.

Under the terms of the SIA, La Mancha has certain shareholder rights, including the option to appoint up to two non-executive directors to the board of the Company. On 6 April 2020, Mr. Karim Nasr, Chief Executive of La Mancha, was appointed as La Mancha's first representative on the Altus board. Mr. De Hert serves as Managing Director, Technical Services for La Mancha, where he oversees the technical assessment of new and existing investments.

For more than 20 years, he has worked on the appraisal and extraction of several of Africa's largest epigenetic gold deposits for Endeavour Mining, IAMGOLD, AngloGold Ashanti, and Randgold Resources (now Barrick Gold).