Hycroft CEO Diane R. Garrett Appointed Executive Chairman

About this update from Hycroft Mining Holding Corporation

WINNEMUCCA, Nev., May 11, 2026 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company"), a U.S.-based gold and silver development company that owns the Hycroft Mine, is pleased to announce that Diane R. Garrett assumed the position of Executive Chairman, and will continue her role as Chief Executive Officer. The appointment of Ms. Garrett as Executive Chairman is expected to further align Board and management leadership, enhancing the Company's ability to execute on its strategy and drive long-term value. In line with the Company's growth strategy, Hycroft recently completed a Board review, resulting in this leadership transition and the initiation of a process to appoint three additional independent directors. In parallel, Hycroft continues to strengthen its leadership team and expects to make additional key hires in the coming months, building on the recent appointment of Eric Colby as Executive Vice President, Corporate Development. These additions will enhance the Company's operational and strategic capabilities as it advances towards production. Diane R. Garrett, Chairman and Chief Executive Officer, commented: "On behalf of the Board I would like to thank Thomas Weng for his instrumental role and guidance as a Hycroft Board Director and former Chairman. Tom made significant and invaluable contributions and provided leadership during a transformational period in Hycroft's development, and we look forward to continuing to work with Tom as Lead Independent Director. Taking on the role of Executive Chairman alongside my responsibilities as Chief Executive Officer is a huge privilege and reflects the Board's confidence in our strategy and direction. This expanded role strengthens alignment across the Company and supports disciplined execution as we advance the Hycroft Mine and deliver long-term value for our shareholders by maximizing the potential of our world class Hycroft mine. In addition, the appointments we are making at both Board and senior management levels will further build out a team with the depth and experience to support our ambitions. Hycroft is entering an exciting phase in its growth trajectory and today's announcement reflects continued momentum as we position the Company for the opportunities ahead." About Hycroft Mining Holding Corpo...

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