Mallee Resources Limited Mr. John Lamb, who has until now filled the roles of Executive Chair and CEO of Mallee Resources, will oversee Avebury site operations and will henceforth assume the role of Managing Director. Mr. Lamb will be based on site at Avebury and it will not be possible for him to properly fulfil the demands of the existing joint roles. Mr. Jeffrey Moore, who has been an Executive Director will now take on the role of Non-Executive Chair.

Mr. Moore has been a director of the Company for over four years and is an ideal candidate for the Chairperson position. He has considerable experience leading listed resource companies from exploration through to mine development phases in Australia and overseas. Mr. Moore is well regarded by the Company's largest shareholders, and it is anticipated that he will transition seamlessly into the role.

These role changes are effective February 23, 2022.