5E Advanced Materials, Inc. provided a business update regarding its executive leadership and organizational structure. As the Company prepares to execute on its next phase of milestones and value enhancing catalysts, it has made the following director appointments and leadership changes to align with its evolution: The Company?s Board has appointed Bryn Jones to the Board effective July 1, 2024. Mr. Jones is an Industrial Chemist with over 20 years of extensive development and operational experience in the minerals industry across various commodities, including in-situ mining of uranium.

Mr. Jones currently is the Managing Director for entX Limited, a technology incubator that generates ideas, builds development partnerships, and commercializes breakthrough clean energy and nuclear medicine technologies. Mr. Jones is also as a non-executive director of Australian Rare Earths, Technical Director of Boss Energy Ltd, and a non-executive director of DevEx Resources Ltd. Prior to assuming the above directorships, Mr. Jones served as the Chief Operating Officer of Laramide Resources Ltd. Joshua Malm, Interim Chief Accounting Officer since October 2023, has been appointed to Interim Chief Financial Officer with immediate effect. Mr. Malm is a U.S. Certified Public Accountant and has over 16 years of experience of accounting, finance, operational, capital markets, compliance, and risk management with industry experience in oil and gas.

Most recently, Mr. Malm served as the Financial Controller for Chord Energy where he joined the company through its acquisition of Whiting Petroleum. Prior to Whiting Petroleum, Mr. Malm was a Senior Manager at PricewaterhouseCoopers. J.T. Starzecki, who has served as Chief Marketing Officer since joining the Company in August 2022, will transition to the role of Chief Strategy Officer.

In this role, Mr. Starzecki will develop and execute the Company?s strategy to bridge the gap between commercial advancement and customer qualification. In his role Mr. Starzecki will align this progress with the Company's government affairs program, specifically non-dilutive grants, and government loan opportunities, in addition to strengthening the narrative to the capital markets. Mr. Starzecki has over 25 years?

experience in commercial and capital markets within the mining and metals industry. Effective June 11, 2024, Stefan Selig?s six-month term as director will conclude, and effective June 30, 2024, Stephen Hunt will resign from the Board after seven years of services. Both Mr. Hunt and Mr. Selig have diligently served the Company since their arrival, and the Board is grateful for their insight, service, and governance provided throughout their tenures.