Jubilee Metals Group Plc
 Registration number (4459850)
 Altx share code: JBL
 AIM share code: JLP
 ISIN: GB0031852162
 ("Jubilee" or the "Company” or the “Group”)


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Board Appointment
Update on Board Committees

    •   Appointment of Ms Tracey Kerr as independent non-executive director
    •   Formerly Group Head of Sustainable Development at Anglo American plc
    •   Follows appointment of Ollie Oliveira as non-executive chairman in May
    •   Reorganisation of board committees

Jubilee Metals Group PLC, a leader in metals processing with operations in Africa (AIM: JLP/Altx: JBL), is
pleased to announce the appointment of Ms Tracey Kerr as independent non-executive director of the
Company with immediate effect. The appointment of Ms Kerr is part of the Company’s global expansion
strategy.

Tracey was most recently Group Head of Sustainable Development (Sept 2020 to April 2021) at Anglo
American plc, having previously also been accountable for safety, operational risk management and
sustainable development across the Anglo-American group (Jan 2016 to August 2020).


Tracey is a geologist by background having overseen global exploration programmes at a number of
large multinational corporates, including Anglo American plc, where she held the position of Group
Head of Exploration across Anglo’s exploration activities in 15 countries. Prior to this Ms Kerr oversaw
exploration activities in the Americas for Vale S.A., the Brazilian multinational corporation engaged in
metals and mining and one of the largest logistics operators in Brazil.


Tracey, based in the UK, is currently a non-executive director of Hochschild Mining PLC, a FTSE 250
precious metal mining company with mines and development projects in the Americas. At Hochschild,
Tracey is Chair of the Sustainability Committee and a member of the Remuneration and Nomination
Committees. Tracey also participates in Hochschild’s Exploration Working Group and is the designated
director for employee engagement. Until recently, Tracey served as a non-executive Director of
Polymetal International plc, a previous constituent of the FTSE 100, where she also chaired the Safety
and Sustainability Committee and was a member of the Audit and Risk Committee.

With Tracey’s experience in sustainable development and safety and given the importance Jubilee places
on upholding the highest standards of sustainability, in particular ensuring a positive impact on the
environment by reducing historical mine waste, a new Safety and Sustainability Committee (the
‘Committee’) will be formed, chaired by Ms Kerr with Leon Coetzer, Group CEO, and Dr Evan Kirby,
Technical Director, as members. The Committee will have oversight of the management of safety and
sustainability matters, including the relevant systems and processes, focussing on those which it
considers to be most potentially material from time to time. These include strategies designed to
manage the likes of safety, health, the environment, tailings facility management, social and community
impact management and socio-economic development, socio-political issues and supply chain. The
Committee’s mandate is to monitor the Company’s overall approach to sustainability. Specifically, the
Committee’s role is intended to promote ethical, transparent and responsible behaviour by the
Company with meaningful engagement with its stakeholders and communities. On issues and matters
pertaining to “Governance” and “Social” as it relates to ESG (environmental, social and governance)
strategy and disclosure, the Committee will take a coordinated approach with the Audit and Risk
Committee.

Tracey is a Fellow of the Australasian Institute of Mining and Metallurgy AUSIMM and is a member of
the Society of Economic Geologists, the Society of Exploration Geophysicists and the Institute of
Directors.

Leon Coetzer, CEO, commented: “I welcome Tracey to the board of Jubilee and look forward to working
closely with her as we continue to build on our recent period of operational and financial growth as the
roll-out of our global metals processing strategy continues. Tracey’s background in sustainability, safety
and geology will be of enormous value to Jubilee as we continue our journey and further implement our
sustainability initiatives.”

Update to existing Board Committees

Further to the appointment of Ollie Oliveira as non-executive chairman, as announced in May 2022, Mr
Oliveira is also appointed as member of the Audit and Risk Committee, chaired by Nicholas Taylor,
independent non-executive director with Chris Molefe, non-executive director, also as member.

The Remuneration committee will, going forward be chaired by Dr Mathews Phosa, non-executive
director, with Chris Molefe, non-executive director, and Nicholas Taylor, independent non-executive
director, as members.

The following details in relation to the appointment of Tracey Louise Kerr (aged 57) are disclosed in
accordance with Schedule 2(g) of the AIM Rules:

 Current                                        Previous 5 years

 Hochschild Mining plc                          Polymetal International plc
 Bunting Kerr Pty Ltd                           Anglo American Reach Limited
                                                Spectrem Air
                                                Anglo American Exploration Luxembourg SARL

There is no further information to be disclosed in relation to Tracey Kerr’s appointment pursuant to AIM
Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.



14 July 2022

For further information visit www.jubileemetalsgroup.com or contact:


Jubilee Metals Group PLC
Leon Coetzer
Tel: +27 (0) 11 465 1913
PR & IR Adviser – Tavistock
Jos Simson/ Gareth Tredway/ Adam Baynes
Tel: +44 (0) 207 920 3150


Nominated Adviser – SPARK Advisory Partners Limited
Andrew Emmott/ James Keeshan
Tel: +44 (0) 20 3368 3555


Joint Broker - Berenberg
Matthew Armitt/ Jennifer Lee/ Detlir Elezi
Tel +44 (0) 20 3207 7800


Joint Broker – WHIreland
Harry Ansell/ Katy Mitchell
Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618


Joint Broker – Shard Capital Partners LLP
Damon Heath/ Erik Woolgar
Tel +44 (0) 20 7186 9900


United Kingdom
14 July 2022

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Sharon Owens