Leo Lithium Limited announced the appointment of experienced mining executive, Mr. Alan Rule as Non-Executive Director, effective 1 January 2023. Mr. Rule has more than 25 years' experience as the CFO of ASX listed mining companies with operations and projects in Australia, Africa, North and South America across several commodities, including lithium. He has considerable experience in international debt and equity financing of mining projects, implementation of accounting controls and systems, risk management, governance, and regulatory requirements in mining companies.

In addition, he has wide ranging experience in mergers and acquisitions within the mining industry. Mr. Rule was CFO at Galaxy Resources Limited from 2017 until it was taken over in 2021. His previous positions included CFO of Sundance Resources Limited, Paladin Energy Limited, Mount Gibson Limited and St Barbara Mines Limited.

He is a Chartered Accountant (Fellow) and holds Bachelor of Commerce and Bachelor of Accounting degrees. He has also been a Non-Executive Director of listed companies since 2016 and is currently a Non- Executive Director of Yellow Cake plc, an AIM listed company and Ora Banda Mining Limited, an ASX listed gold company. Pursuant to the Company's constitution, Mr. Rule will hold office as a Director until the next annual general meeting, where he will be required to seek election.