ASX:YRL - Director Appointment

Director Appointment

Released 27 Oct 2026 - 8:18 AM

Announcement PDF Contact Us A: Suite 1, Level 3, 1138 Hay Street, West Perth WA 6005 T: +61 (0)8 9389 9021 E: yandal@yandalresources.com.au yandalresources.com.au | ASX:YRL Board and Management Chris Oorschot Managing Director/CEO Eduard Eshuys Non-Exec Chair Greg Evans Non-Exec Director Andrew Jackson Non-Exec Director Sevan Gore Non-Exec Director Greg Fitzgerald Company Secretary Appointment of Director Yandal Resources Limited (ASX: YRL) ("Yandal" or the "Company") is pleased to announce the appointment of Mr Sevan Gore as an independent Non-Executive Director of the Company with effect from 1 November 2026. Sevan is an experienced corporate lawyer specialising in mergers & acquisitions and equity capital markets. He is a Partner at national law firm Hall & Wilcox, where he advises ASX- listed and private companies on corporate transactions, capital raisings and corporate governance matters, with a particular focus on the mining and resources sector. Chair Eduard Eshuys commented: “On behalf of the Board, I am pleased to welcome Sevan to Yandal. Sevan’s transactional, capital markets and corporate governance expertise will complement the Board as Yandal continues to advance its exploration and development activities. We look forward to working with him.” For further information or to ask questions in relation to this announcement, please visit our Investor Hub at https://yandalresources.com.au/link/yMdVwP Authorised by the board of Yandal Resources For further information, please contact: Eduard Eshuys Chair Yandal Resources Limited yandal@yandalresources.com.au ASX Announcement 27 October 2026 yandalresources.com.au | ASX:YRL 2 About Yandal Resources Limited Yandal Resources has a portfolio of advanced gold exploration projects in the highly prospective Yandal and Norseman-Wiluna Greenstone Belts of Western Australia. Ironstone Well-Barwidgee Gold Project The 100% owned Ironstone Well-Barwidgee (IWB) Gold Project covers approximately 456 km² of highly prospective and under-explored tenure located between the Jundee and Bronzewing mines in the northern Yandal Greenstone Belt. Yandal has an established Resource of 268,000oz of gold at Flushing Meadows (within IBW) and considers there to be strong potential to make new discoveries and expand this resource base across its extensive tenure. (Refer to the ASX announcement of 4 November 2020 for details of the Flushing Meadows Resource). The IWB project area also includes two new gold discoveries, the Arrakis and Siona Prospects, both made within the last two years. These outcomes were driven by the execution of a targeted exploration program that followed a systematic, geologically driven strategy that was developed in early 2023. The Arrakis Prospect is hosted within the Caladan fold, and the Siona Prospect is hosted within the New England Granite. Both discoveries are currently at an early stage but progressing well, with future activities focused on delineating the scale of each of the newly defined mineralised systems. The IWB Gold Project also includes several advanced prospects, where limited historic and YRL drilling has returned robust gold intercepts, indicating the potential for shallow oxide mineralisation. Both the early- stage and more advanced prospects are the focus of ongoing exploration. Mt McClure The Mt McClure Gold Project, acquired in August 2022, is located ~15 km southwest of the historic Bronzewing Mine and includes three mining leases with JORC 2012 Resources totalling 182,200oz Au. The project has prospectivity for new shallow gold deposits adjacent to current Resources and in the footwall and hanging wall of the stratigraphy. Ground gravity survey data support ongoing structural/stratigraphic interpretations for 2026 targeting. yandalresources.com.au | ASX:YRL 3 Yandal Resource exploration Project locations within the Yandal Greenstone Belt ing of the ills Thunder Bo arlot Belle ue athleen alley Mt eith Wiluna undee Bron ewing Wiluna einster ew England Granite Siona isco ery lushing Meadows e osit o Caladan Target area Arra is isco ery 0 100km Ironstone Well- Barwidgee Gold Project Mt McClure Gold Project o ingo ange ro ect

We've appointed Sevan Gore as an independent Non-Executive Director, effective 1 November 2026.

Sevan is a corporate lawyer and Partner at Hall & Wilcox, where he advises ASX-listed and private companies on transactions, capital raisings and governance, with particular depth in mining and resources. Chair Eduard Eshuys has welcomed him to the Board, noting his transactional and capital markets experience will complement the team as we continue advancing our exploration projects.

Board appointments like this matter for a company at our stage. As we look to grow our resource base across Ironstone Well-Barwidgee and Mt McClure, having capital markets and transactional expertise at the Board table supports how we fund and structure that growth.

This appointment doesn't change our project pipeline or financial position. It adds experience to the team overseeing it. Our focus remains on the IWB Gold Project, including the Flushing Meadows resource of 268,000oz of gold and the newer Arrakis and Siona discoveries, and on the Mt McClure Gold Project with its 182,200oz Au resource across three mining leases.

If you'd like to know more about Sevan's background or what this means for the Board going forward, please get in touch through our Investor Hub.

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