Meridian Mining UK Societas announced the promotion and appointment of Mr. Martin McFarlane as the Company's President, effective immediately. Dr. Adrian McArthur, who has served as the Company's President since July 2020, will continue to serve as the Company's Chief Executive Officer and Director of the Company. Mr. McFarlane, who held the position of Head of Strategy for the Company since May 2022, has more than 30 years' resources experience primarily with major resource companies including Minerals and Metals Group, OZ Minerals Limited, Zinifex Limited, Pasminco Limited and Conzinc Rio Tinto of Australia, including 15 years of leadership overseeing the de-risking and advancement of numerous mining projects from early-stage exploration through start-up and operations.

Mr. McFarlane has successfully worked with key stakeholders to achieve strategic goals including government, company boards, shareholders, communities, Indigenous groups, non-government organizations and industry groups. Martin has broad and deep exposure to all major resource industry activities including corporate communications, exploration, mine development, mining operations, smelting, safety and environment, finance, sales and marketing, strategy, mergers & acquisitions and business restructuring with international experience in Australia, North and South Americas, Europe and Asia.