• Appointment of Mr. Keith Bowes as Managing Director and CEO
• Extensive experience in project development, metallurgy, and operations across Africa, South America, and Australia
• Proven track record of adding significant value for shareholders in similar roles

Future Metals NL ('Future Metals' or the 'Company', ASX|AIM: FME) has announced the appointment of Mr. Keith Bowes to the position of the Managing Director and CEO. Keith is a resources executive with over 30 years of experience in project development, metallurgy, and operations across Africa, South America, and Australia. He is a process engineer by training and spent 20 years working for Anglo American and BHP on a variety of projects across various jurisdictions and commodities. Of most relevance was his involvement in copper projects in Zambia, zinc projects in Namibia and nickel operations in Western Australia and South America. In 2013, Keith moved into the junior mining space where he led a number of teams developing projects as diverse as niobium in Tanzania, uranium in South Australia and zinc/copper in Canada. In 2019, Keith joined the Board of Matador Mining developing the Cape Ray Gold Project in Canada and in 2021 joined Lotus Resources Ltd. During his time at Lotus Resources, he served as both the Managing Director and the Technical Director, leading the company's development and playing a key role in redefining the Kayelekera Uranium Project in Malawi and acquiring the Letlhakane Uranium Project in Botswana. He is currently a Non-Executive Director of Peninsula Energy Ltd, who recently restarted the Lance Uranium Project in Wyoming, and previously held a Non-Executive Director position at Copper Strike Ltd. Keith holds a BSc in Chemical Engineering and is a graduate of the Australian Institute of Company Directors (AICD).

No high-importance, price-sensitive forward-looking financial metrics were provided in the announcement.

The incoming Managing Director, Keith Bowes, commented that he is excited to join the Future Metals team at a time when the PGM prices have turned and look to potentially mirror the recent precious metal price growth. He looks forward to working with the team to further develop the Panton Project and the emerging Eileen Bore Project, and to grow the Company into a multi-asset entity.