Board of Directors

Primary experience: Project Manager of Mining at Arctic Platinum Partnership from 2001 to 2003 and as a Project Manager at Pyhäsalmi Mine Oy from 1999 to 2001, various positions with the Outokumpu Group in Finland and elsewhere from 1991 to 1999.

Other key positions of trust: Senior Independent Director of the Board at Cap-XX Ltd.

Primary experience: Number of senior positions at Johnson Matthey Plc, retired as Group Managing Director in 2002, member of the Board of Directors of Johnson Matthey Plc for 12 years, Non-Executive Director of Wagon Plc (1996 to 2003), Chairman of the Board of Infast Plc (2002 to 2005), Senior Independent Director of the board at PolyFuel Inc until 2008.

Other key positions of trust: Non- Executive Director of Aquarius Platinum Ltd, Chairman of the Remuneration and Succession planning committee and member of the Audit Committee at Aquarius Platinum Ltd (1.5.2004 - present), Senior non-executive Director of Namakwa Diamonds Ltd (23.11.2007 - present), Centamin Egypt Limited, Senior non-Executive Director (22.3.2011 - present)

Primary experience: CEO of Lonmin Plc until 2004, various positions with Lonmin Plc, Falconbridge Nickel Mines and British Steel Corporation.



Other key positions of trust: Chairman of Board of Directors Cluff Gold Plc (2007 to 2010)

Primary experience: mining industry including FD and Company Secretary at Cluff Resources plc (1993 to 1996) and at Cluff Mining plc (1997 to 1999); CFO and Company Secretary at Monterrico Metals plc (2002 to 2007); CFO at European Goldfields (2002 to 2003); Non-executive director at Goldstar Resources NL (2003 to 2009); CFO and Company Secretary at Alexander Mining plc (2005 to 2008); Deputy Chairman at Cluff Gold plc (2007 to date); Founder and Director of Bunree Resource Management Ltd.

Other key positions of trust: Chairman of Mimosa Mining Company (Pvt) Limited since 2004, Chairman of Mimosa Investments Ltd. since 2004, Director of Aquarius Platinum Corporate Services (SA) (Pty) Limited since 2004

Primary experience: Chief Executive Officer of Aquarius Platinum Limited (since 2001), Executive Chairman of Aquarius Platinum (SA) (Pty) Limited (since 2004), Managing Director of Aquarius Platinum (SA) (Pty) Limited (2001 – 2003), Managing Director of Kroondal Platinum Mines Limited (2001 – 2003), Chief Operating Officer at Impala Refining Services (Pty) Limited (1997 – 2001), Non – executive director of Signature Metals Limited (ASX listed gold miner) (2008 – 2011), Non – executive director of Simmer and Jack Mines Limited (JSE listed gold miner) (2007 – 2009 and 2010 – 2011), various positions at Impala Platinum – Refineries & Head Office, Middelburg Steel and Alloys, Barplats Refineries and Rand Mines (1984 – 2001).

Other key positions of trust: Director of Liberum Capital Ltd

Primary experience: Mr. Rawlinson has been involved in Investment Banking in the mining sector since 1991 in both research and corporate finance roles for Flemings, Cazenove & Co and JP Morgan, where he was a Managing Director.  Has been involved in the financings of many mining companies including BHP Billiton, Xstrata, Anglo American, Glencore, Vedanta, Kazakhmys, Gem Diamonds, Rusal, Petropavlovosk.  He led the advisory team for IPO of Talvivaara in 2006 and has acted as advisor in various subsequent transactions.

Other key positions of trust: Member of Steering Group of TEKES Green Growth Program, member of Corporate Responsibility Work Group and Environmental Committee of Confederation of Finnish Industries

Primary experience: Vice President, Head of Sustainability of NOKIA Corporation since 2009, several senior management positions in the area of treasury, risk management, finance & control, investor relations, vendor finance and strategy projects in the NOKIA Group in Finland and USA 1990 – 2009 and various positions with NOKIA Group 1982 – 1990.