• Gareth Solly appointed as CEO and Executive Director, transitioning to Managing Director on 1 December 2026
• Proven mining executive with 20 years' experience in the Western Australian gold sector
• Track record includes acquisition and refurbishment of Paulsens and Lakewood Gold Operations

Auric Mining Limited (ASX: AWJ) is excited to announce a significant strengthening of its board and executive leadership team with the appointment of Gareth Solly as Executive Director and Chief Executive Officer (CEO) commencing on 18 May 2026. Gareth will work alongside founding Managing Director, Mr Mark English, and the other board members through a formal transition period. On 1 December 2026, Gareth will succeed Mark as Managing Director, with Mark remaining as Executive and Finance Director. Gareth Solly is a respected mining executive with an extensive and highly successful career in Western Australian gold companies including, Silver Lake Resources and Saracen Minerals, and most recently as the founding Managing Director of Black Cat Syndicate. Under his leadership, Black Cat grew from an exploration-focused junior into a significant ~100,000ozpa multi-asset gold producer with a ~2.5Mounce JORC resource and a market capitalisation of ~$1B. Gareth brings proven technical, operational and capital market experience. Notably, Gareth was instrumental in the acquisition and rapid refurbishment of both the Paulsens and Lakewood Gold Operations on time and on budget. His ability to successfully navigate the complexities of mining startups, value-accretive M&A and exploration growth in Western Australia is directly aligned with Auric's immediate strategy for the Munda and Burbanks Gold projects. Gareth's appointment follows the recent hiring of Mr Scott Bailey as Processing Lead and provides Auric an experienced team with a proven track record and a clear mandate to build a new self-sufficient, mid-tier gold producer.

Gareth Solly's appointment represents a transformational step for Auric as it fast-tracks the development of the Burbanks Gold Plant and scales operations at the Munda Gold Mine and other Projects. Gareth's reputation for disciplined capital management and his deep connections within the WA mining investment community will be invaluable as Auric scales its operations and transforms into a significant player in the Goldfields.