Namibia Critical Metals Announces Results of Annual General Meeting of Shareholders and Appointment of New Director - Seite 2

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Appointment of Steve Herlihy to the Board of Directors

Mr. Herlihy is the CFO of Bannerman Energy Ltd. (ASX:BMN, OTCQB:BNNLF) which is the largest shareholder of the Company. Mr. Herlihy is a Chartered Accountant with over 30 years' professional experience. His extensive background in the resources sector includes several roles within BHP Limited, commencing as global Financial Controller for BHP Iron Ore before progressing to special project roles. As part of BHP's Strategy and Innovation leadership team, Mr. Herlihy led a team of analysis and improvements specialists that focused on operational and supply chain effectiveness. Prior to joining BHP, Mr. Herlihy held senior commercial, finance and business development roles within tier one global resources businesses including Newmont Corporation, Newcrest Mining, Normandy Mining, WMC Resources and Placer Dome/Barrick Gold. More recently, Mr. Herlihy was a partner of a national accounting and advisory firm that was part of a top-ten global accounting network. As leader of their Consulting and Corporate Finance Advisory Practice, he specialized in investment evaluation, strategic planning, business transformation, corporate governance, risk management and compliance advisory to a range of listed and unlisted clients. Mr. Herlihy has deep, hands-on experience in project finance and M&A activities. His broad transactional experience ranges from negotiating small joint venture agreements through to lead commercial roles on large-scale multinational transactions. Mr. Herlihy holds a Bachelor of Business (Accounting) from Curtin University, a Graduate Diploma in Applied Finance and Investment from the Financial Services Institute of Australia and a Masters of Business Administration (MBA) from Deakin University.

Darrin Campbell, President of Namibia Critical Metals stated:

"We are delighted to have Steve Herlihy join our Board as we progress our tier-1 Lofdal Heavy rare Earth Project through feasibility. Steve's impressive experience in the mining sector will be a welcomed and valued voice on our team."

On behalf of the Board of Directors,
Namibia Critical Metals Inc.

Darrin Campbell, President

About Namibia Critical Metals Inc.

NMI is developing the Tier-1 Heavy Rare Earth Project, Lofdal, a globally significant deposit of the heavy rare earth metals dysprosium and terbium. Demand for these critical metals used in permanent magnets for electric vehicles, wind turbines and other electronics is driven by innovations linked to energy and technology transformations. The geopolitical risks associated with sourcing many of these metals has become a repeated concern for manufacturers and end users. Namibia is a proven and stable mining jurisdiction.