Kenmare Resources announced that Sameer Oundhakar, a Non-Executive Director of Kenmare, has informed the Company that he will step down from the Company's Board of Directors on 31 December 2022. Sameer was appointed as a Non-Executive Director of the Company on 17 March 2021, having been nominated by African Acquisition Sarl ("AAS"), Kenmare's largest investor and a company controlled by Oman Investment Authority (OIA) pursuant to the Subscription and Relationship Agreement, dated 18 June 2016, between the Company and AAS. Sameer has stepped down from his role at the OIA and therefore is stepping down from the Board.

A replacement Non-Executive Director is expected to be appointed to the Board in accordance with the provisions of the Subscription and Relationship Agreement.