Almonty Appoints Veteran Financial Executive Guillaume Wiesenbach de Lamaziere, CFA as Chief Development Officer

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• Tungsten has become essential for armor, munitions, and electronics manufacturing as geopolitical tensions heighten

  80% confidence

• I am eager to join Almonty at a meaningful inflection point in the Company's development, with the commencement of mining operations at its Sandong Mine in Korea. As Almonty completes the transition from development to production at what will soon become the Western world's largest tungsten mine, I look forward to working closely with the Lewis and the management team to support disciplined decision-making, and long-term value creation for shareholders.

  80% confidence

• As we continue to advance our Sangdong and Panasqueira Mines, and accelerate development of the South Korean Sangdong Molybdenum Project and the U.S. based Gentung Browns Lake Project, his financial experience will serve as a critical asset in leveraging our balance sheet to drive near-term value creation.

  80% confidence

• Sangdong Mine is expected to supply over 80% of global non-China tungsten production upon reaching full capacity

  80% confidence

• Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness

  80% confidence

• We are privileged to welcome Guillaume and his wealth of experience with some of the largest global financial companies. His combined experience as a senior financial executive across CEO, CFO and COO roles positions him to provide strong governance, disciplined capital allocation, and strategic corporate development guidance.

  80% confidence