Alvo Minerals Limited announced the appointment of Gary Elwell as chief financial officer, effective 1 November 2023. Mr. Elwell will succeed Mr. David Warlond who will be stepping down to pursue other career opportunities. Mr. Elwell is a seasoned Chartered Management Accountant with over 20 years of experience in CFO/Financial Controller roles with ASX listed companies.

He has extensive experience working across the UK and Australia, both in Perth and Melbourne providing corporate services to several Companies. He is currently a Director of Gap Corporate Services, a firm that provides Company Secretarial, CFO, accounting and bookkeeping services. Mr. Elwell possesses significant leadership experience in corporate strategy, compliance, corporate governance, risk management, IFRS accounting standards, and regulatory requirements.

Mr. Elwell will be engaged through Gap Corporate Services that is under contract with Alvo to provide CFO and accounting services. He will be eligible to participate in the company's short-term incentive plan and should his appointment become permanent then he will be eligible to participate in the company's long-term incentive plan.