• Experienced mining executive Andrew Caruso appointed as new CEO
• Caruso has over 30 years of industry experience, including 14 years as CEO
• Caruso to lead Kingsrose's Scandinavian exploration projects and acquisition growth strategy

Kingsrose Mining Limited (ASX: KRM) has announced the appointment of Andrew Caruso as the new Chief Executive Officer, effective June 15, 2026. Caruso is an experienced mining executive with over 30 years of industry experience, including 14 years as CEO of several public and private mine development companies in Australia and Canada. Caruso holds an Honours Degree in Mining Engineering, a Graduate Diploma in Applied Finance and Investment, and a Diploma in Frontline Management. He has extensive experience in corporate leadership, capital markets, stakeholder engagement, business development, and strategy. Caruso has a proven track record in senior management and executive roles overseeing feasibility studies, project development, mine management, and operations for major international companies as well as several junior mine development companies. He has diverse multi-commodity exposure including steel making and related commodities, base metals, bauxite, gold, silver, and industrial minerals. Kingsrose Chairman Dr Mike Andrews expressed confidence that Caruso's experience will ensure efficient, cost-effective advancement of the company's Scandinavian exploration projects as well as driving its acquisition-led growth strategy.

Caruso's appointment is expected to lead to the efficient and cost-effective advancement of Kingsrose's Scandinavian exploration projects as well as the aggressive pursuit of the company's acquisition-driven growth strategy.