Eastern Metals Limited announced that Mr. Wayne Rossiter has resigned from his position of Managing Director and Chief Executive Officer of the Company effective from the close of business November 30, 2022, to pursue other opportunities. The Board has commenced a search process for a new Managing Director and Chief Executive Officer. Until that process has been completed, the Company's Non-Executive Chairman Mr. Robert (Bob) Duffin will act as Executive Chairman.

There will be no changes to Mr. Duffin's remuneration while he undertakes this role.