Appointment of Chief Operating Officer

30 Jun 2025 08:06 CEST

ACG is pleased to announce the appointment of Peter Carter as its Chief
Operating Officer.

Mr Carter brings over 40 years' experience in mine engineering, operations
management and project development. He will play a key role as ACG advances its
copper growth strategy, leading operations for ACG globally, starting with the
Gediktepe Mine and working closely with the senior management team to deliver on
the Company's acquisition plans.

Prior to joining ACG, Mr Carter held a key leadership role at the Frontier Mine
(DRC), where he successfully managed a multi-phase expansion, doubling
production capacity from 100,000 to 200,000 tonnes per day twice in the period
of 20 months. Earlier in his career, he held executive and technical leadership
roles at Centerra Gold and True Gold Mining, where he was responsible for the
construction and optimisation of large-scale open-pit and heap leach operations
in Central Asia, West Africa, and the Americas. Mr Carter holds a degree in
Mining Engineering from Montana Tech and an MBA from Queen's University.

Over the course of his career, Mr Carter has led teams through technically
complex mining projects and has demonstrated a strong track record of delivering
results across emerging and frontier markets. His expertise in both project
execution and operational readiness will support ACG as it advances its next
phase of development.

Artem Volynets, Chief Executive Officer of ACG, said:

"Peter's appointment further strengthens our leadership team as we seek to scale
ACG's operations and become a leading copper producer on the London market. That
we have been able to attract someone of Peter's calibre and experience less than
a year after acquiring Gediktepe is testament to our strategy and the hard work
of the team we are building.

Peter's unrivalled technical expertise, hands-on operational experience, and
track record of delivering complex projects in challenging jurisdictions will
make him a valuable addition to our team. We are excited to get to work,
particularly as the planned sulphide expansion at Gedikepe progresses on
schedule and on budget towards first production in 2026."

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