Savannah Resources Plc announced intention of Mr. Matthew King to retire as Chairman and step down as a Director of the Company, following the conclusion of the Annual General Meeting and effective from June 25, 2024. The Board of the company also announced appointment of Mr. Rick Anthon as the Company's new Chairman. Mr. Anthon will commence his role on June 25, 2024.

An executive and qualified lawyer with over 30 years' experience, Ricks adds significant lithium and wider mining sector knowledge to Savannah's Board. Having worked with Allkem (previously Orocobre) from its initial IPO as a small exploration company, Mr. Anthon was Director of Corporate Development when the ASX-listed lithium group underwent an AUD 16Bn merger with Livent in 2023 to form NYSE listed Arcadium Lithium, now one of the world's largest producers of finished Lithium chemicals. The Board is also pleased to confirm that Mr. Diogo da Silveira has been appointed as Deputy Chair.

Mr. da Silveira joined the Company as a Non-Executive Director on 10 November 2022 and is a member of the Audit and Risk and Remuneration Committees. Mr. da Silveira has been instrumental in engaging with Portuguese stakeholders since his appointment, acting as the Company's senior in country representative. The Company also announces the resignations of Ms Mary Jo Jacobi (Non-Executive Director since 7 April 2022) and Mr. James Leahy (Non-Executive Director since 26 November 2018).

These changes will happen after the conclusion of the Annual General Meeting and become effective from 25 June 2024. Rick Anthon is a seasoned Lithium industry professional, having worked full time in the Lithium sector for almost 10 years. Mr. Anthon was most recently the director of Corporate Development at Allkem Limited.

He worked with Allkem from its initial IPO as a small exploration company up until its recent AUD 16Bn merger with Livent to form NYSE listed Arcadium Lithium, now one of the world's largest producers of finished Lithium chemicals. At Allkem, Mr. Anthon worked on a number of major transactions including partnering with Toyota Tsushu Limited to develop the Olaroz Lithium Facility and the Naraha Lithium Hydroxide Plant, the establishment of Advantage Lithium Corp, a number of major capital market fund raisings, including the merger of Orocobre with Galaxy Resources Limited, creating Allkem which ultimately merged with the Livent Corporation to form Arcadium Lithium. Mr. Anthon also worked closely with the Project teams for both brine and hard rock projects and Allkem's community and sustainability team.

On joining the Company Mr. Anthon becomes the Chair of the AIM Rule Compliance and Nomination Committees and a member of the Remuneration Committee.