EQ Resources Limited Annual Report 2021

24 EQ Resources Limited Annual Report 2021 Directors’ Report continued ANNUAL Report June 2021 Directors’ Report 10 (j) Mt Carbine Quarry’s production allowance, under the Queensland Environmental Protection Act, increased from 100,000 tonnes to 1,000,000 tonnes per year (refer ASX announcement “EQ Resources Secures Environmental Authority Approval for Quarry to Produce up to 1 Million Tonnes a year at Mt Carbine” dated 29 April 2021). (k) Study Lead and preferred independent consultants appointed for Bankable Feasibility Study for the Mt Carbine Tungsten Mine’s expansion to assess the potential for an open pit operation prior to going underground (refer ASX announcement “EQR Appoints Bankable Feasibility Study Lead and Selects Preferred Independent Consultants” dated 25 May 2021). (l) Mt Carbine’s 16-hole resource drilling program, commenced in March 2021, hits bonanza grades under the Andy White Open Pit with average grades continuing to significantly exceed the previously reported resource grade (refer ASX announcement “Mt Carbine Hits Bonanza Grades Under Open Pit” dated 5 August 2021). Directors' Interests in Shares, Options and Performance Rights Director Shares Directly and Indirectly Held Options Directly and Indirectly Held Performance Rights Directly and Indirectly Held O. Kleinhempel 17,833,600 10,000,000 - S. Layton 54,181,559 4,000,000 - R.D. Morrow 4,422,000 4,000,000 - Z.P. Yeo 70,232,310 4,000,000 - Directors’ interests in shares, options and performance rights as at 30 June 2021 are set out under Section (e) of the Remuneration Report . Company Secretary Joint Company Secretaries: Melanie Leydin Patricia Vanni de Oliveira (Appointed: 15 February 2021) Messrs Leydin & Vanni de Oliveira were appointed as joint Company Secretaries for the Company on 15 February 2021. Ms Leydin has over 25 years’ experience in the accounting profession and over 15 years as a Company Secretary with extensive experience in relation to Public Company responsibilities. Ms Leydin holds a Bachelor of Business majoring in Accounting and Corporate Law, is a member of the Institute of Chartered Accountants, Fellow of the Governance Institute of Australia and Registered Company Auditor. Ms Leydin graduated from Swinburne University in 1997, became a Chartered Accountant in 1999 and since February 2000 has been the principal of Leydin Freyer Corp Pty Ltd which provides outsourced Company Secretarial and accounting services to public and private companies across a host of industries. Ms Vanni de Oliveira has more than 15 years’ professional experience in corporate governance, mergers and acquisitions, project finance, engineering, procurement and construction contracts and compliance. She has been working as an in-house counsel of multi-national companies, an associate in Brazilian top tier law firms (300+ lawyers) and as Company Secretariat and joint Company Secretary providing outsourced Corporate Governance and Company Secretarial services to various Australian listed companies.