American Rare Earths Limited announced the retirement of Non-Executive Director Mr. Denis Geldard, effective 31 August 2022. Mr. Denis Geldard, Non-Executive Director has informed the Chairman of his intention to retire from the Board. Denis will remain an external advisor to the company assisting the further technical development of mining and metallurgical processes for the extraction of rare earths from the company's North American projects.

The Board of ARR would like to sincerely thank Mr. Geldard for his contribution over the last seven years, particularly through the development of the Rare Earths assets in North America, in which Denis's expertise and guidance has been invaluable in supporting management and the Board. The Board of ARR wishes Mr. Geldard all the best in his well earnt retirement. Mr. Geldard will officially retire from the Board on 31 August 2022.