Black Horse Mining LimitedB

Non-Executive Chairman of Black Horse Mining Limited (ASX: BHL). A corporate lawyer and a Partner at Steinepreis Paganin, a Perth-based corporate law firm, since July 2005. Graduated from the University of Western Australia in 1998 with a Bachelor of Laws and a Bachelor of Commerce (Finance), and has completed a Masters of Applied Finance and Investment with the Financial Services Institute of Australasia (FINSIA). Wide experience across commercial and corporate law with a particular focus on resources (hard rock and oil/gas), equity capital markets and mergers and acquisitions. Has been a director of multiple ASX-listed companies and is currently Non-Executive Chairman of Pursuit Minerals Ltd. Sources: blackhorsemining.com/about/ and BHL's FY2026 annual report directors' report.

Managing Director and Chief Executive Officer of Black Horse Mining Limited (ASX: BHL). An international executive of over 30 years with a track record of transacting, discovering, funding, developing and operating assets in Australia and Africa. A key figure in the transformation of several companies including Mawson West (TSX: MWE), which he led from a micro-cap Western Australian ASX gold company through delisting from the ASX and relisting on the Toronto Stock Exchange after completing the world's largest base metals capital raise and IPO for 2010. Was also instrumental in the development of the high-grade Challenger gold deposit in South Australia, which the company notes has analogies to its Mt Egerton Gold Project. Has served as Chairman (both Executive and Non-Executive), President, Managing Director and Non-Executive Director for a variety of ASX and TSX listed and private companies, with experience across gold, copper and other base metals, lithium, nickel and uranium. Currently a Non-Executive Director of ASX-listed Fortuna Metals Ltd and Southern Hemisphere Mining Ltd. Sources: blackhorsemining.com/about/ and BHL's FY2026 annual report directors' report.

Executive Director of Black Horse Mining Limited (ASX: BHL), appointed Executive Director on 31 March 2026 having previously been appointed a Non-Executive Director on 10 July 2025. A highly credentialed mining professional with over 30 years of experience in production, strategic planning, project evaluation and mining technology development. Holds a WA First Class Mine Manager's certificate, and is a Fellow of the AusIMM and a member of the Institute of Engineers Australia. His career spans leadership roles at major mining companies including Rio Tinto, WMC Resources and Rex Minerals, and he has played a key role in advancing mining automation and innovative mining methods, contributing to numerous industry research initiatives. Expertise across gold, nickel, copper, iron ore and coal. Sources: blackhorsemining.com/about/ and BHL's FY2026 annual report directors' report (which supplies both appointment dates).

Company Secretary of Black Horse Mining Limited (ASX: BHL). A Fellow Chartered Accountant and Chartered Secretary with more than 30 years' experience in corporate finance, governance, corporate accounting, company secretarial and restructuring advice. Was a director of PricewaterhouseCoopers and of Ferrier Hodgson Chartered Accountants before specialising in providing company secretarial and corporate accounting services to listed entities. Source: blackhorsemining.com/about/. (Company Secretary, not a Director -- BHL's own FY2026 directors' report lists only Wall, Frances and McHugh as Directors.)