07 January 2025

ACG METALS LIMITED

("ACG" or the "Company")

Appointment of Chief Legal Officer

ACG is pleased to announce the appointment of Damien Coles as its Chief Legal Officer.

Mr Coles brings over 20 years' experience of advising clients on deals in emerging markets and will be invaluable to ACG as the Company looks to pursue further roll-up acquisitions in the copper sector in 2025.

Mr Coles was educated at Oxford University and was formerly an equity partner at leading global law firm, Kirkland & Ellis, based in Hong Kong. Since 2020, he has been a Director at Moorlander Consulting, providing consultancy services to private equity and credit funds investing in emerging markets.

During his career, Mr Coles has worked on some of the largest and most complex emerging markets transactions across a variety of industry sectors, including natural resources and renewable energy. He has received numerous industry accolades, including being identified as a leading lawyer by Chambers, IFLR and Legal 500.

Artem Volynets, Chairman and CEO of ACG, said:

"We are thrilled to welcome Damien to ACG's already strong Management Team. Damien brings a wealth of valuable legal experience, especially of operating in emerging markets, and is a real asset for the company as we seek to become a leading copper producer in the London market."

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The person responsible for the release of this information on behalf of the Company is Artem Volynets, Chief Executive Officer.

For further information please contact:

Palatine                                                          acg@palatine-media.com

Communications Advisor

Conal Walsh / James Gilheany/ Kelsey Traynor/ Richard Seed

About the Company

ACG Metals is a company with a vision to consolidate the copper industry through a series of roll-up acquisitions, with best-in-class ESG and carbon footprint characteristics.

In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine, an operating open pit mine in Türkiye currently producing 34 koz of gold and 361 koz of silver.

Gediktepe is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt.

ACG's team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector. The team brings a significant network as well as a commitment to ESG principles and strong corporate governance.

For more information about ACG, please visit: https://acgmetals.com/