Evolution Mining Limited - APPOINTMENT OF CHIEF FINANCIAL OFFICER

About this update from Evolution Mining Limited

Evolution Mining Limited (ASX:EVN) ('Evolution') is pleased to announce the appointment of Mr Barrie Van Der Merwe as Chief Financial Officer (CFO). Mr Van Der Merwe has more than 20 years experience in the resources sector, having worked across a range of countries including Australia , South Africa , and Botswana . He most recently held the role of Vice President - Group Finance at Orica Limited . Prior to that he was the CFO and Executive Director at Lonmin Plc , CFO at Debswana Diamond Company , and held a range of senior finance roles within Anglo American Platinum . He started his career at PwC. Mr Van Der Merwe holds a Bachelor of Commerce degree with honours. Mr Van Der Merwe will commence with Evolution on 1 March 2023 . Commenting on the appointment, Chief Executive Officer and Managing Director Lawrie Conway , said: 'I am delighted that Barrie has agreed to join Evolution as our Chief Financial Officer. Barrie has extensive experience in the finance area and the resources sector with over 20 years' experience. He will be a great addition to the Evolution Leadership Team, and we look forward to him joining us.' Commenting on his appointment, Mr Van Der Merwe , said: 'It is an honour to join Evolution at such an exciting time of its journey. As a premier global gold company, the company's ambition to prosper through the economic cycles and its drive to have employees behave as owners, resonates very strongly with me. I am looking forward to working with Lawrie and the Leadership Team to continue creating value for all stakeholders.' Approval This announcement is authorised by Executive Chair, Jake Klein . Contact: Investor Peter O'Connor General Manager Evolution Mining Limited Tel: +61 2 9696 2900 Media Michael Vaughan Fivemark Partners Tel: +61 422 602 720 Investor Taryn Chua Group Manager Evolution Mining Limited Tel: +61 2 9696 2900 About Evolution Mining Evolution Mining is a leading, globally relevant gold miner. Evolution operates five wholly-owned mines - Cowal in New South Wales , Ernest Henry and Mt Rawdon in Queensland , Mungari in Western Australia , and Red Lake in Ontario, Canada . Financial Year 2023 gold production guidance is 720,000 ounces (+/-5%) at a sector leading All-in Sustaining Cost of $1,240 per ounce (+/-5%). (C) 2023 Electronic News Publishing, source ENP Newswire

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