• CEO Alwyn Vorster to step down on 28 February 2025
• Lindian conducting search for experienced executive team to lead Kangankunde project
• Transition marks pivotal phase as Lindian advances Kangankunde towards financing and construction

Lindian Resources Limited (ASX: LIN) has announced a leadership transition as the company's flagship Kangankunde Rare Earths Project in Malawi moves towards project delivery. As part of this transition, Mr Alwyn Vorster and the Board have mutually agreed to conclude his fixed-term contract early, with Mr Vorster stepping down as CEO effective 28 February 2025. Mr Vorster has been CEO since June 2024 and was tasked to focus on advancing the Kangankunde feasibility study and structuring the project to prepare it for funding and construction. The Board extends its gratitude for his contributions and wishes him continued success in his future endeavours. Looking ahead, Lindian has conducted a rigorous search for a highly experienced executive team to lead Kangankunde's next phase. Over the past three weeks, the company has engaged with top-tier industry leaders to ensure the right expertise is in place to drive project delivery. Lindian will provide an imminent update on the appointment of key leadership as it advances towards financing and construction commencement. This marks a pivotal phase for Lindian and its shareholders as the company advances Kangankunde towards full-scale project delivery, with a steadfast commitment to delivering long-term value.