Critica Limited

Critica Limited (ASX: CRI) is advancing the Jupiter Project in Western Australia – Australia’s largest clay-hosted rare earths resource and the nation’s leading magnet-REE inventory (Nd, Pr, Dy, Tb) as reported under the JORC Code (2012).

We are progressing from explorer to developer with a clear mine-to-magnet pathway:

• * Scale beneficiation and leach testwork to pilot level
• * Define MREP (MREC/MREO) product specifications
• * Advance regulatory approvals and technical studies

Engage Western-aligned customers and offtake partners

Jupiter is magnet-REE dominant (Nd, Pr, Dy, Tb) – the metals that enable EVs, renewables, advanced datacentres, AI, renewable energy and defence technologies..

Testwork programs have consistently achieved ~95% mass rejection and an eight-fold grade uplift, producing a magnet-REE-rich intermediately concentrate that points to a simple and capital-efficient flowsheet. With very low uranium and thorium levels and a compact processing footprint, Jupiter demonstrates a strong environmental and sustainability profile.

Management Profile:

Tim Lindley - Non-Executive Chairman (MCom, BA, RMC-D, FAICD, FGIA)

Tim is an experienced ASX director and former senior investment banker with a 25-year career in equity raising, project finance, debt and M&A. He has held senior roles at Barclays Bank (Country Head, Australia) and Morgan Stanley (Managing Director, Australia).

Tim is currently a Non-Executive Director of Deep Yellow Ltd (ASX: DYL), Chair of Cleanway Group, and a board member of Serendis Pty Ltd, and the Wayside Chapel. He holds a Master’s in Economics and Finance and a Bachelor’s in History and Economics from UNSW, is a FAICD and FGIA, and is a graduate of the Royal Military College Duntroon.

Nick Cernotta - Non-Executive Director (B.Eng (Mining))

Nick has more than 40 years of experience in the mining industry, spanning various commodities including but not limited to Gold, Iron, Nickel, Zinc, Copper, Coal and Lithium, providing executive oversight and direct management of operations and projects in Australia, Africa, South-East and Central Asia, Saudi Arabia and Papua New Guinea.

Qualified with a Bachelor of Mining Engineering, Mr Cernotta has held senior executive roles with extensive operational experience in both the public and private sectors of the mineral resources and mining services industry.

Nick’s notable executive roles included Director of Operations at Fortescue Metals Group, CEO of GBF Underground Mining Services, COO at MacMahon Contracting and Director of Operations at Barrick Gold APRBU.

Nick has chaired two junior ASX Listed Companies and currently is the Chairman of two People and Culture Committees, is a member of the Sustainability Committee and was a member of a Technical Advisory Committee, Exploration and Growth Committee and of various Audit and Risk Committees.

Current ASX Directorships include Northern Star Resources Limited (since July 2019) , PLS Limited (since Feb 2017) and 29Metals Limited. Former ASX Directorships in the past three years include Panoramic Resources Limited (May 2018 – December 2024).

Jamie Byrde - Executive Director, CFO & Company Secretary (BCom, CA, GradDipACGRM)

Jamie has over 20 years’ experience in corporate governance, audit and company secretarial roles. He has held senior financial positions with several ASX-listed, and is an experienced CFO and Company Secretary with experience in management, Board governance, ASX/ASIC compliance and reporting for resource-focused businesses.

Jamie is currently a Non-Executive Director of Codrus Minerals Limited and has previously served as Company Secretary for Blackstone Minerals Limited.