Westgold Resources Limited Annual Report 2020

24 Westgold Resources Limited Annual Report 2020 for the year ended 30 June 2020 Financial Report Director’s Report The Directors submit their report together with the financial report of Westgold Resources Limited (Westgold or the Company) and of the Consolidated Entity, being the Company and its controlled entities (the Group), for the year ended 30 June 2020. DIRECTORS The names and details of the Company’s Directors in office during the financial year and until the date of this report are as follows. Directors were in office for this entire period unless otherwise stated. Names, qualifications, experience and special responsibilities Peter Newton - Non-Executive Chairman (Retired 25 November 2019) Mr Newton was a highly successful stockbroker for 25 years before shifting his hand to corporate management of resource companies, participating in the Australian resource industry as an investor, non-executive director, Chairman and mentor in a number of listed and successful companies. During the past three years, he had served as a director of the following public listed company: – Metals X Limited (Appointed 14 December 2012 - Resigned 24 October 2019) Peter Cook - Executive Chairman (Appointed 19 March 2007) Mr Cook (BSc (Applied Geology), MSc (Min.Econ.) WASM MAusIMM) has over 35 years of experience in the fields of exploration, project, operational and corporate management of mining companies. During the past three years, he has also served as a director of the following public listed companies: – Nelson Resources Limited (Appointed 4 June 2013 - Resigned 1 February 2019); and – Castile Resources Limited (Appointed 7 June 2011).* Johannes Norregaard - Executive Director (Appointed 29 December 2016, Resigned 22 June 2020) Mr Norregaard (B.Eng (Mining) WASM, MAusIMM) has over 30 years of corporate and mine management experience in base metal and gold operations across Australia, Canada and South East Asia. Mr Norregaard has held no public company directorships in the past three years. Peter Schwann - Independent Non-Executive Director (Appointed 2 February 2017) Mr Schwann (Assoc. in Applied Geology, FAusIMM, FAIG, MSEG) is a highly experienced, internationally recognised geologist and mining executive. Mr Schwann has broad experience across multiple commodities with extensive geological capability as well as significant operational management. Mr Schwann serves on the Company’s Audit, Risk & Compliance Committee and Remuneration & Nomination Committee. During the past three years, he has served as a director of the following public listed company: – Aruma Resources Limited.* Suresh Shet - Non-Executive Director (Appointed 18 December 2017, Resigned 26 February 2020) Mr Shet was a nominee director of Golden and Energy Resources Ltd (GEAR) who is a significant shareholder in the Company. Mr Shet held no public company directorships in the past three years. Fiona Van Maanen - Non-Executive Director (Appointed 6 October 2016) Mrs Van Maanen is a CPA, holds a Bachelor of Business (Accounting) degree and a Graduate Diploma in Company Secretarial Practice. Mrs Van Maanen has over 25 years’ experience in accounting and financial management in the mining and resources industry. Mrs Van Maanen serves on the Company’s Audit, Risk & Compliance Committee and Remuneration & Nomination Committee. During the past three years, she has served as a director of the following public listed company: – Pantoro Limited (Appointed 4 August 2020).* Wayne Bramwell - Non-Executive Director (Appointed 3 February 2020) Mr Bramwell (BSc (Extractive Metallurgy), Grad Dip Bus, MSc (Min.Econ.) has over 26 years of international and Australian project evaluation and development expertise across the base metals, precious metals and bulk commodity sectors. Mr Bramwell serves on the Company’s Audit, Risk & Compliance Committee and Remuneration & Nomination Committee. During the past three years, he has served as a director of the following public listed company: – Ardea Resources Limited (Resigned 3 July 2020). * Denotes current directorship