The board of directors of Bauba Resources Limited notified its shareholders of the following resignations of directors of the Company with effect from 30 July 2021: Mr. Nico van der Hoven, as a non-executive director and Chairperson of the Board; Mr. Nick van der Hoven, as an executive director, who will however, remain as an employee of the Company in the role of Chief Executive Officer; Mr. Martin Luyt, as an independent non-executive director; and Mr. Damian Smith, as an independent non-executive director.