International Graphite Limited announced the appointment of existing Director David Pass to the role of Chief Technical Officer. A metallurgist with 30 years' experience in the mining industry, David has held senior positions and brings extensive experience across all facets of operational processing, process design, project management, due diligence and management of mine operations. David has been providing process design, metallurgical and graphite markets advice to International Graphite since the Company's formation in 2018.

He is recognised as an expert in graphite primary and downstream processing and has led, and continues to be actively involved with, a vast number of graphite developers with mines and downstream processing ambitions in Africa, Australia and Europe. Over many years David has established close relationships with graphite purification and coating technology specialists and market advisors in Europe, North America and Asia. David holds a Bachelor of Science in Metallurgy from Murdoch University and is a member of the Australian Institute of Mining and Metallurgy.

He will continue as a Director of the Company. David is Chief Executive Officer of Battery Limits Ltd. (Battery Limits), a company associated with International Graphite's founding Chairman Phil Hearse. Battery Limits has agreed to make David's time available to International Graphite and will charge International Graphite a discounted hourly rate ($235/hour) for the time he works on International Graphite business as per the afore-mentioned agreement.

David will continue to receive his non-executive director fees as set out in the Prospectus. Mr. Hearse will continue to lead International Graphite in a non-executive capacity from 1 March 2023. Phil will remain actively engaged in various aspects of International Graphite's business including community and government relations, engineering and process design and graphite markets.