20974 29Metals AR23 WEB V1 - Flipbook - Page 85
2023 key
results
6
Chair letter and
CEO report
About
29Metals
Our
assets
Sustainability
& ESG Report
Mineral Resources
and Ore Reserves
Annual
Financial Report
81
29Metals Appendix 4E and Annual Financial Report for 29Metals Limited and its Controlled Entities for the year ended 31 December 2023
Directors’ Report
Indemnification & Insurance of Directors and Officers
29Metals has entered into a deed of indemnity, insurance and access with each of its Directors and executives, pursuant to which
▪
▪
▪
each Director and each executive have rights of access to Company information
to the maximum extent permitted by law, the Company agrees to indemnify each Director and executive from and against all liability incurred by the
Director or executive in the performance of their role as a Director or executive of the Company (and any subsidiary of the Company) on the terms
set out in the deed and
to the extent permitted by law, re uires the Company to use its reasonable endeavours to ensure that the Director or executive is insured under a
directors and officers insurance policy throughout the duration of the Director or executive’s appointment and after the Director or executive ceases
to hold office for the later of a period of seven years or until after the date that any claim against the Director or executive that commenced during
the seven year period is finally resolved.
The Group maintains directors’ and officers’ liability insurance for the benefit of persons defined in the policy which include current and former directors
and officers, including executives of the Company, and directors, senior executives and secretaries of its controlled entities to the extent permitted by the
ŽƌƉŽƌĂƚŝŽŶƐĐƚϮϬϬϭ (Cth). The terms of the insurance contract are highly commercially sensitive and prohibit disclosure of the premiums payable and
other terms of the policy.
Indemnification of Auditors
To the extent permitted by law, the Company has agreed to indemnify its auditors, Ernst & oung Australia (‘z’), as part of the terms of its audit
engagement agreement, against claims by third parties arising from the audit (for an unspecified amount). o payment has been made to indemnify E
during or since the end of the Reporting Period.
Information on Directors
The names and details of the Company s Directors in office during the Reporting Period and until the date of this report are set out below. Directors were
in office for this entire period unless otherwise stated.
DƌKǁĞŶ,ĞŐĂƌƚLJKD, 5
Ec ( ons) Aus MM A CD
ŚĂŝƌĂŶĚEŽŶͲĞdžĞĐƵƚŝǀĞŝƌĞĐƚŽƌ
Owen has more than years’ experience in the global mining industry with a career spanning executive and directorship roles
across multiple mineral commodities and assets in Australia, Asia, Africa, Europe and the Americas.
Owen co founded and is Executive Chairman of EMR Capital, a specialist resources private e uity manager with deep operational,
investment, sustainability and ESG management expertise applied across the EMR investment portfolio companies.
Owen was formerly the Managing Director and Chief Executive Officer of ASX listed Oxiana imited, leading the company to its
merger with inifex imited in 2
to form O Minerals imited (formerly ASX O ).
Prior to Oxiana, Owen’s career included 25 years with the Rio Tinto Group, including as Managing Director of Rio Tinto Asia and Rio
Tinto’s Australian copper and gold business. Owen currently serves as a director on a number of EMR Capital portfolio companies.
Owen’s previous non executive directorship roles include ASX listed ortescue Metals Group imited (ASX MG) and ighfield
Resources imited (ASX
R), Tigers Realm Coal imited (ASX T G) and ong ong listed G Resources imited and CST Mining.
Owen has served and continues to serve on a number of government and industry mining advisory bodies and is the recipient of a
number of awards and citations in recognition of his achievements and service to the mining industry.
Owen was included in the 2 2 ueen s irthday honours list being awarded the Medal of the Order of Australia recognising his
services to the minerals and mining sector.
Owen was appointed as a Director on 2 May 2 2 .
^ƉĞĐŝĂůƌĞƐƉŽŶƐŝďŝůŝƚŝĞƐ͗
ormerly Member of Sustainability Committee (ceased
April 2 2 ).
ormerly Member of Remuneration & ominations Committee (ceased
April 2 2 ).
KƚŚĞƌůŝƐƚĞĚĚŝƌĞĐƚŽƌƐŚŝƉƐ͗
Tigers Realm Coal imited (ASX T G) (2 9 2 22).
DƌWĞƚĞƌůďĞƌƚ, 5
Sc (Minerals Engineering) ( ons)
EM A
MA CD Aus MM, M OM , Chartered
Engineer
DĂŶĂŐŝŶŐŝƌĞĐƚŽƌΘK
Peter is an experienced mining executive, with more than 5 years’ experience in the mining industry across multiple commodities
and spanning Australia, Asia, Africa and Europe. Peter’s experience includes more than 25 years in CEO and executive roles for
listed mining companies in Australia and Asia with significant experience in project management, development and operation of
large scale underground and open pit mining operations, sustainability and ESG performance, and corporate strategy.
Prior to his appointment as 29Metals’ Managing Director & CEO, Peter joined EMR Capital as the CEO of EMR Capital’s copper
portfolio in preparation for 29Metals’ initial public offering and ASX listing in 2 2 .
Peter’s earlier executive career included roles as CEO of ASX listed ighfield Resources imited (ASX
R), inchuan nternational
and G Resources imited, and Executive General Manager – Asia for ASX listed Oxiana imited (later, O Minerals imited). Peter
also held previous roles with luor Australia, Shell illiton Australia, Davy ohn rown and ohannesburg Consolidated
nvestments.
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