Balkan Mining and Minerals Board Changes Announcement

Balkan Mining and Minerals Ltd (ASX:BMM) has announced the appointment of Mr Agha Shahzad Pervez as Non-Executive Director, effective 30 September 2024. Mr Pervez, an experienced corporate professional with over 13 years' experience working with ASX listed companies, currently holds the role of Executive Chairman of Viridis Mining and Minerals Ltd (ASX:VMM) and Non-Executive Director of Pioneer Lithium Limited (ASX:PLN) and Equinox Resources Limited (ASX:EQN). The Company also disclosed the resignation of Mr Ross Cotton as Managing Director, effective 30 September 2024, who will continue to act as a Non-Executive Director. Additionally, Mr Karl Simich will retire from the Board, effective 30 September 2024.

Executive Commentary on Board Changes

The Company is pleased to welcome Mr Agha Shahzad Pervez to the Board as the new Non-Executive Director. We believe his extensive experience in the industry, particularly with ASX listed companies, will bring valuable insights and strategic guidance to our board. We also express our gratitude to Mr Ross Cotton for his contributions as the Managing Director and look forward to his continued involvement as a Non-Executive Director. Furthermore, we extend our appreciation to Mr Karl Simich for his dedicated service and wish him the best in his future endeavors.

Summary of Board Changes at Balkan Mining and Minerals

Balkan Mining and Minerals Ltd (ASX:BMM) has appointed Mr Agha Shahzad Pervez as the new Non-Executive Director, effective 30 September 2024. Mr Pervez's extensive experience in the industry, particularly with ASX listed companies, is expected to provide valuable insights and strategic guidance to the board. The Company also disclosed the resignation of Mr Ross Cotton as Managing Director, effective 30 September 2024, who will continue to act as a Non-Executive Director. Additionally, Mr Karl Simich will retire from the Board, effective 30 September 2024. The Company expresses gratitude to the outgoing directors for their contributions and looks forward to the continued involvement of Mr Cotton as a Non-Executive Director. The changes in the board composition reflect the Company's commitment to maintaining strong leadership and governance.