Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

26 September 2022

Goldplat plc

('Goldplat', the 'Group' or 'the Company')

Appointment of Chairman and Appointment of Non-Executive Director

Goldplat plc, the AIM listed gold producer, with international gold recovery operations located in South Africa and Ghana, announces the appointment of Gerard Kisbey Green, a Non-Executive Director of the Company, as Non-Executive Chairman of the Company with immediate effect, succeeding Matthew Robinson who now stands down as Chairman of the Company as envisaged in the announcement of 6 May 2022. In addition, the Company announces the appointment of Gerard Kemp as a Non-Executive Director of the Company with immediate effect.

Gerard Kisbey Green has been a director of Goldplat for more than 7 years, in an executive and subsequently a non-executive capacity. With an in-depth knowledge of the Group, as well as significant industry and investment banking experience, the Company believes that he is well qualified to guide the board of directors.

Before founding M Squared Resources (Pty) Limited, Gerard Kemp held various positions in investment banking and the mining industry, including the CEO of Kaouat Iron Limited and the Head of the Pamodzi Resources Investment Fund, where he founded Rand Uranium (Pty) Limited. He also served as director of business development at Rand Merchant Bank, where he spearheaded a number of South Africa's largest Black Economic Empowerment transactions. He also served as head of investment banking at BoE Merchant Bank and as head of equities research at BoE Securities where he was twice rated South Africa's top gold analyst. Gerard Kemp spent 22 years in Anglo American's Gold Division, as a surveyor and as a mineral economist.

After these changes, the board comprises five directors, four of whom are non-executive and two of whom are considered to be independent. The board will continue to review the board composition in light of the development of the Group.

Werner Klingenberg, CEO of Goldplat commented: "Firstly, I would like to extend my sincere thanks to Matthew, for his many years of support, tireless efforts and leadership provided to the board of directors and Goldplat, specifically during a period of strategic change. I wish him the best in all his future endeavours.

I am also delighted to have Gerard Kisbey Green appointed as Chairman as I believe he is well placed, having been a director of Goldplat for more than 7 years, in executive and non-executive roll, to guide the board on our current trajectory. He has significant industry and corporate experience and is well suited to guide the board of directors.

Furthermore, I believe Gerard Kemp will be an extremely valuable addition to the board. He is still active in industry in an advisory role, and will bring to Goldplat his wealth of experience in both investment banking, dealmaking and as an operator in mining businesses."

Gerard Hendrik Kemp, aged 68, currently holds, or has held, the following directorships or partnerships in the last five years:

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

For further information visit www.goldplat.com, follow on Twitter @GoldPlatGDP or contact:

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.