Legacy Iron Ore Limited (Legacy Iron or the Company) wishes to advise that Mr N. Baijendra Kumar, Non-Executive Chairman, has retired from the Board of Legacy Iron following his reaching of superannuation age at his employer NMDC Limited.

The Board would like to thank Mr Kumar for his leadership and guidance over the past 2 years and wishes him well in his future endeavours.

An announcement in relation to the appointment of a new Chairman will be made in the future.

Contact:

Rakesh Gupta

Tel: +61 8 9421 2000

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