Black Mountain Energy announced that Ashley Zumwalt-Forbes has been appointed as an alternate director for Rhett Bennett, effective 7 February 2022. Ms. Zumwalt-Forbes is an engineer with ten years' experience in acquiring, financing, and developing both greenfield and brownfield natural resources projects around the globe. Ms. Zumwalt-Forbes currently serves as a Chief Executive Officer of Black Mountain Carbon Lock, a private carbon negative company.

In addition, she is a senior adviser to the Company. The appointment will continue for a period of 1 year or until termination in accordance with the company's constitution. Ms. Zumwalt-Forbes will be subject to the existing protocols and other arrangements which govern existing directors of the company.