Red 5 Limited announced the appointment of highly regarded mining executive Peter Johnston to its board as a non-executive Director, effective from 10 July 2023. Mr. Johnston is a highly experienced Australian mining executive and Board Director who has more than 35 years of operational and project development experience. Mr. Johnston's distinguished career has seen him hold senior roles with major resource companies including Head of Global Nickel Assets for Glencore, Managing Director and Chief Executive Officer of Minara Resources and Executive General Manager at WMC Resources for Olympic Dam, the Nickel Division and the Copper and Fertilisers Division.

Mr. Johnston is currently Chair of Jervois Mining and Non-Executive Director of NRW Holdings and Tronox (US). He is the former Non-Executive Chair of the Minerals Council of Australia, Chairman of the Chamber of Mines of WA and held previous long-term NED roles with Silver Lake Resources and Emeco. He is a Fellow of the Australian Institute of Company Directors (AICD) and of the Australasian Institute of Mining & Metallurgy.

Mr. Russell Clark is an internationally experienced mining professional and director with over 40 years of experience in senior corporate, operational and project development roles. He served as Managing Director and CEO of Grange Resources for five years, as Group Executive of Operations managed Newmont's Australian and New Zealand Operations including the KCGM mine in Kalgoolie, and held a number of mine general manager roles for Normandy Mining. He is a qualified Mining Engineer and has worked across Australia, North and South America, Africa, Europe and the Asia Pacific.

Mr. Clark is currently Chair of CZR Resources, Chair of Pearl Gull Iron and a Non-Executive Director of Tungsten Mining. He is a Fellow of the Australian Institute of Company Directors (AICD).