Appointment of Lucas Dow as Managing Director and CEO

Sayona Mining Limited (ASX: $SYA) has appointed Mr Lucas Dow as the Managing Director and Chief Executive Officer (MD & CEO) effective 3 July 2024. Mr Dow, who first joined the Board as a Non-Executive Director on 14 February 2024, will take over the MD & CEO role from Interim CEO, James Brown. It is expected that Mr Brown will remain as an Executive Director until 31 January 2025 to facilitate the handover and ensure business continuity.

Lucas Dow's Commentary on the Appointment

I am thrilled to lead a company with such outstanding potential. Sayona is fortunate to have multiple emerging tier one assets including North American Lithium (NAL) and Moblan which will underpin the success of the business into the future. I would like to thank and acknowledge James for his significant efforts as Interim CEO over the last ten months where he has overseen the very successful ramp up of NAL. The operation is now delivering industry leading results for plant utilisation and recovery both of which are a testament to the commitment and leadership of James and the operational team in Quebec.

Summary of Appointment and Outlook

The appointment of Mr Lucas Dow as the Managing Director and Chief Executive Officer marks a significant milestone for Sayona Mining Limited. With his extensive experience as a mining executive and a proven track record of outstanding performance, Mr Dow is well-positioned to lead Sayona through its next stage of growth as a leading North American lithium producer. The company's assets, including North American Lithium (NAL) and Moblan, are expected to underpin the success of the business in the future. The successful ramp up of NAL under the leadership of James Brown has positioned the operation to deliver industry-leading results for plant utilisation and recovery. Sayona's strategic initiatives in Québec and Western Australia are set to drive continued growth and excellence under Mr Dow's leadership.