The Board of Geopacific Resources Ltd (Geopacific or the Company; ASX: GPR) takes great pleasure in announcing the appointment of Sir Charles Lepani, KBE, CBE, OBE, PHD (Hon) as a Non-Executive Director which will take effect following the Company's Annual General Meeting scheduled to be held on 28 July 2020.

Sir Charles Lepani was born in the Trobriand Islands, Milne Bay Province in Papua New Guinea.

Sir Charles Lepani has over 40 years' experience in both the public and private sectors representing Papua New Guinea as a Senior Diplomat and Advisor with great success and distinction.

His most recent roles were High Commissioner of Papua New Guinea in Australia 2005-2017, and Director General of Papua New Guinea APEC 2017-2018.

Sir Charles Lepani will bring a substantial degree of insight, understanding, and expertise in the following areas: Papua New Guinea Policy formulation, especially in the Mining & Petroleum Sectors; Papua New Guinea Diplomatic and International Relations; Bi-lateral and Multilateral Development Assistance; Debt and Equity Capital Markets and Papua New Guinea small and medium enterprise, domestic and international supply chains.

Sir Charles Lepani has been an advisor and consultant to successive Papua New Guinea National Government Departments - Prime Ministers Departments, Treasury, Finance, and the Law and Justice Sector. He has also worked alongside United Nations Development Programme, United Nations Centre for Transnational Corporations and Asian Development Bank.

He is a graduate of the University of Papua New Guinea with an Arts Degree (Economics), and a Fulbright Scholarship recipient attending the John F Kennedy School of Government at Harvard University, in Boston, United States of America and graduating with a Masters of Public Administration.

The Chairman Mr Ian Clyne stated: 'It is an honour and privilege for Geopacific to have Sir Charles Lepani join our Board. Sir Charles Lepani is a highly regarded, highly ethical person with many years outstanding service to his country. Sir Charles Lepani's appointment further demonstrates Geopacific's commitment to successfully delivering the Woodlark Island Gold Project, to the benefit of our shareholders, stakeholders, the communities on Woodlark Island, Milne Bay Province and the people of Papua New Guinea'.

Sir Charles Lepani stated: 'I am pleased to be invited by the Board of Geopacific Resources Limited to serve as a Non-Executive Director. I look forward to the opportunity to help ensure we build this quality project for the benefit of all stakeholders. As a person from Milne Bay myself, I am congnizant of the challenges of development and the potential for the mine project to contribute to meaningful and real benefits for the people of Woodlark Island, for Milne Bay Province, and indeed for Papua New Guinea.' This announcement was authorised by the Board of Geopacific.

Contact:

Tel: +61 8 61431820

Email: info@geopacific.com.au

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