PepinNini Minerals Limited announced that effective as of today's date Current non-executive director Stephen Ross will assume the role of non-executive chairman, replacing David Turvey, who will remain on the board as a non-executive director. David has played a key role in the stewardship of the Company since joining the board in July 2021. The board looks forward to his ongoing positive contribution, where his extensive experience in the lithium and kaolin sectors provides a significant value-add to PepinNini.

Stephen is a highly experienced geologist and public company director, and his combination of technical, commercial and corporate expertise makes him the ideal person to lead the Company through the next exciting stage of its evolution. Current non-executive director Mena Habib will become an executive director and will assume responsibility for the management of PepinNini's day-to-day operations, including its interaction with shareholders and the investment market. Mena has a strong depth of experience in sales, marketing and business management, and has a strong network of relevant contacts in the equity markets.

He will play a lead role in executing and overseeing PepinNini's programs and budgets of its key projects. The Company will continue its search for a chief executive officer.