NickelSearch Limited announced that it has entered into an Executive Service Agreement for the appointment of Mr. David Royle, NickelSearch's Chair, to the position of Technical Director for a fixed term until 31 July 2022. The Executive Service Agreement confirms the role that David Royle has been performing in providing oversight and management of the Company's exploration activities at the Company's Carlingup Nickel Project (Carlingup). Term: The appointment will be on a part-time as required basis, for a 6-month term, from 1 February 2022 to 31 July 2022.

Termination: The Company or Mr. Royle may terminate, without liability, for any reason, with or without cause, by giving 30 days advance written notice to the other party.