Announcement PDF The New Copper Growth Story on ASX June 2021 1 Coda Minerals - Sustaining Tomorrow Disclaimer Important Notices Nature of this document: The purpose of this presentation is to provide general information about Coda Minerals Limited (ACN 625 763 957) (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates as at the date of this presentation. In attending this presentation or viewing this document you agree to be bound by the following terms and conditions. Not an offer or advertisement: This presentation is for information purposes and does not constitute or form any part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in the Company in any jurisdiction. This presentation and its contents must not be distributed, transmitted or viewed by an person in any jurisdiction where the distribution, transmission or viewing of this document would be unlawful under the securities or other laws of that or any jurisdiction. In particular, this presentation may not be distributed or released, directly or indirectly, in the United States. This presentation does not constitute an advertisement for an offer or proposed offer of shares. Neither this presentation nor anything contained in it forms the basis of any contract or commitment and it is not intended to induce or solicit any person to enter into, or refrain from entering into, any contract or commitment. Not financial product advice: This presentation does not take into account the individual investment objectives, financial situation and particular needs of each of the Company’s shareholders or potential investors. You may wish to seek independent financial and taxation advice before making any decisions in respect to this presentation. Neither the Company nor any of its related bodies corporate is licensed to provide financial advice in respect of the Company’s securities or any other financial products. Forward-looking statements: Certain statements in the presentation are or may be perceived as “forward looking statements” and represent the Company’s intentions, projections, expectations or beliefs concerning, among other things, future operating and exploration results or the Company’s future performance. You are cautioned not to place undue reliance on any forward looking statement. These forward looking statements are based on current expectations at the date of this publication. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks and uncertainties, and are necessarily based on assumptions, which may cause the Company’s actual performance and results in future periods to differ materially from any express or implied estimates or projections. Disclaimer: No representation or warrant, express or implied, is made by the Company that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisers, agents and contractors expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this presentation, or any opinions or beliefs contained in this presentation, and excludes all liability whatsoever (including negligence) for any loss or damage which may be suffered by any persons as a consequence of any information in this presentation or any error or omission there from. The Company is under no obligation to update or keep current the information contained in this presentation or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the presentation are subject to change without notice. Unverified information: This presentation may contain information (including information derived from publicly available sources) that has not been independently verified by the Company. Photographs used on page 1 , 6 and 14 were provided by Adam Mørk Architectural Photography via http://adammork.dk/. Rare Investment Opportunity CAMERON RIVER One of the few junior copper explorers on the ASX ready to move to the next level Strong Foundations Existing Indicated Resources (MG14 & Windabout), Materially Extensive Exploration Target (Emmie Bluff) Verified IOCG Potential (Emmie Bluff Deeps) Near Term Growth Ambitious drill campaign to test Emmie Bluff Deeps Mineral Resource estimate underway at Emmie Bluff Tier 1 Locations Elizabeth Creek1; Olympic IOCG Copper Province Cameron River2; Mount Isa Inlier ELIZABETH CREEK ELIZABETH CREEK EMMIE BLUFF DEEPS IOCG PROSPECT EMMIE BLUFF WINDABOUT 250,000T CuEq Demonstrated Discovery Potential Recent Drill Success Validates Exploration Strategy in the Olympic IOCG Corridor Strategic Focus Discovering and proving up copper resources, an essential metal for a low carbon future HANNIBAL ZAMBIAN STYLE MG14 NORTH ZAMBIAN STYLE ELAINE IOCG PROSPECT MG14 30,000T CuEq POWERLINE ZAMBIAN STYLE Total Area: 701 km2 3 1Coda has the right to earn up to 75% interest in the Elizabeth Creek assets. Current ownership 70% Coda (ASX:COD), 30% Torrens (ASX:TRN). See Appendix D for more details. Coda Minerals Sustaining Tomorrow 2Coda has the-right to earn up to 80% interest in the Cameron River assets. Corporate Structure TOP 20 SHAREHOLDERS (as of 10th June 2021) Rank Shareholder ANGANG GROUP HONG KONG (HOLDINGS) LIMITED MR KEITH FRANCIS JONES & MRS JENNIFER JONES HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED SUNSET CAPITAL MANAGEMENT PTY LTD CS THIRD NOMINEES PTY LIMITED LUJETA PTY LTD COSSACK HOLDINGS (AUS) PTY LTD MS LINLIN LI PERSHING AUSTRALIA NOMINEES PTY LTD LUJAMA PTY LTD MR PAUL DUNCAN HALLAM & MRS CHRISTINE JOY HALLAM GOLDNEY PTY LTD PATHWAYS CORP INVESTMENTS PTY LTD COMSEC NOMINEES PTY LIMITED EXIT OUT PTY LTD ONE MANAGED INVESTMENT FUNDS LIMITED SKINNER & CHAMPION PTY LTD LANTECH DEVELOPMENTS PTY LTD MARVEL VENTURE LIMITED BRISPOT NOMINEES PTY LTD 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Total 4 Coda Minerals - Sustaining Tomorrow CURRENT CAPITAL STRUCTURE & SHARE PRICE %IC 13.92 8.32 6.69 4.73 4.53 3.17 2.22 2.19 1.58 1.56 1.46 1.17 1.17 1.15 0.94 0.94 0.88 0.78 0.74 0.72 58.86% ASX Code COD Share Price [15/06/2021] $1.69 Ordinary Shares (including escrow) 85,517,184 Options on Issue (exercise price $0.2145) 6,000,000 Market Capitalisation $144.5M Top 20 Shareholders 58.86% Cash and Equivalents [as of 31st March 2021] $9.9M Board of Directors & Senior Management Keith Jones Colin Moorhead Robin Marshall Paul Hallam Chris Stevens Susan Park Matt Weber NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR CHIEF EXECUTIVE OFFICER, DIRECTOR COMPANY SECRETARY MANAGER – GEOLOGY Chartered Accountant and senior mining industry leader with over 40 years of corporate advisory experience including former Chairman of Deloitte Australia and former Chairman of Cannings Purple. Highly experienced exploration and mine geologist, past president of the AuSIMM, former member of JORC Committee. Experienced mining executive previously involved in managing the successful delivery of some of the world’s largest resource projects, including Chairman of the Gruyere Steering Committee, major iron ore projects for BHP Billiton Iron Ore and North Limited. Accomplished resource industry leader who has been directly responsible for the delivery and operation of 11 gold, base metals, and iron ore projects over 40 years. Mineral economist, feasibility and project valuation specialist. Previously, CEO of Gindalbie Metals where he led the acquisition and demerger in 2019. Former Director of Mining Operations Consulting at PwC, held senior commercial and consulting roles across mining and oil and gas. Ms Park has over 23 years’ experience in the corporate finance industry and extensive experience in Company Secretarial and NonExecutive Director roles with ASX, AIM and TSX listed companies. Exploration geologist and mineral economist with over a decade’s exploration experience working with Rio Tinto and multiple exploration companies across Western Australia focussing on gold, iron ore and base metals. Currently Non-Executive Director of Ora Banda Mining. Held senior roles including CEO PT Merdeka Copper Gold Tbk, EGM Minerals at Newcrest Mining Ltd, Australia and Geology Manager at Gosowong Gold. Former executive at FMG, Newcrest and current NED of Sandfire Resources. List of Board and Management personnel above excludes Ansteel Board nominee. More information regarding these directors can be found in Appendix B. 5 Coda Minerals - Sustaining Tomorrow She is currently Company Secretary of several ASX listed companies. Copper Fundamentals Copper holds a crucial role in the development of the modern world. Applications for copper are set to heighten in unison with the world’s growing energy needs and transition towards a greener future. DEMAND Demand remains strong as pressure to cut greenhouse gases and drive efficiency is contributing to the rising tide of electrification. $16,000 LME Copper Prices (USD$/tonne The copper supply is dwindling as grades decline, input costs increases, and market faces a scarcity of high-quality projects. $16 ,000 $15,000 Goldman Sachs Forecast Price $14,000 EMCF High Forecast Price $14,000 EMCF Mean Forecast Price $14 ,000 $11,875 $12,000 $12,000 $10,000 SUPPLY $12 ,000 Current Cu Price*: $9,938 $10 ,000 $9,675 $9,188 $7,880 $8,000 $8,0 00 $6,000 $9,508 $7,529 $9,603 $9,646 $7,206 $7,042 2023 2024 $9,831 $7,297 $6,0 00 $4,000 $4,0 00 2021 6 Coda Minerals - Sustaining Tomorrow 2022 2025 Source: LME, Energy & Metals Consensus Forecasts – 3 Month Moving Average, Copper is the New Oil – Goldman Sachs Commodities Research *As of 14th June 2021, Source: S&P Global Market Intelligence Elizabeth Creek 7 Coda Minerals - Sustaining Tomorrow Coda Minerals: Value Proposition Sales CORE ASSETS Resource estimation process for Zambian-Style Cu-Co mineralisation at Emmie Bluff has commenced, anticipated completion Q3 2021 EMMIE BLUFF INFERRED RESOURCE EMMIE BLUFF DEEPS IOCG Tier 1 IOCG targets located in Olympic IOCG Copper province, drilling commenced Q2 2021 VALUE ADD ASSETS Existing MG14 and Windabout Indicated Mineral Resources contain 280,000t of CuEq Multiple shallow Cu-Co targets across tenure, drilling to commence Q3 2021 Shallow Cu-Au targets at Cameron River 8 Coda Minerals - Sustaining Tomorrow 9 Drilling IOCG Targets in Elephant Country Olympic Dam 114km NNW Oak Dam West 16km NE EMMIE BLUFF DEEPS Emmie Bluff Emmie Bluff Deeps Chianti North Recently drilled extensive IOCG alteration encountered. Target defined by a series of coincident and semi-coincident gravity and magnetic anomalies. Elizabeth North Carrapateena 40km E Chianti Windabout NE Hannibal Windabout Elaine Zone MG14 North MG14 Powerline SA Government IOCG Prospectivity Modelling: Eastern Gawler Craton ELAINE Coinciding geophysical anomalism, comparable to other large IOCG systems in the Eastern Grawler Craton. 9 Coda Minerals - Sustaining Tomorrow Zambian Style Sediment Hosted Resource/Prospect Existing Resources IOCG Target Targeting Emmie Bluff Deeps SAE 4 HIGH GRAVITY, LOW MAGNETIC Demagnetisation likely associated with multiple generations of fluid flow events suggesting a potentially extensive hydrothermal system MGD 55 SAE 3 EXTENT Targeted gravity anomaly extends over approximately 1,800m by 1,100m, of which approximately half lacks significant magnetic anomalism BIRDS EYE A A| EMMIE BLUFF DEEPS EMMIE BLUFF CROSS SECTION DD21EB0018 Emmie Bluff Emmie Bluff Deeps EL 6265 10 Coda Minerals - Sustaining Tomorrow IOCG Mineralisation Intersected at Emmie Bluff Deeps Massive haematite breccia, probably in ex-Wandearah Fm siltstone. Elevated Ce/La confirmed by portable XRF Interpreted Hiltaba granite, haematitised and chloritized, increasing chlorite alteration with depth. Significant K-feldspar and sericite alteration in patches Strongly altered (haematite, chlorite, sericite dominant) 50m zone of intense copper sulphides, increasing with depth. Dominated by chalcopyrite in blebs and forming in line with remnant sedimentary structures. Bornite concentration increasing with depth. Decreasing haematite and copper sulphides, increasing silica alteration DD21EB0018 Intersect 200m of intense IOCG alteration including approx. 50m of copper sulphide mineralisation consisting of chalcocite, chalcopyrite and bornite zones ALTERATION ASSEMBLAGE Host-rock alteration assemblage encountered includes chlorite, baryte, sericite, and potassium feldspar, all typical of IOCG deposits in the region XRF READINGS Portable XRF readings have confirmed the presence of copper, as well as highly elevated levels of pathfinder elements such as La, Ce, Co and Mo Logged massive haematite Logged interbedded steely haematite and Wandearah Siltstone Mineralised zone, 80m @ 0.4% Cu within a broader 105m zone of massive haematite. Logging indicated only trace chalcopyrite, no bornite. Interpreted to indicate substantially lower tenore mineralisation than appears to have been encountered in DD21EB0018 11 Coda Minerals - Sustaining Tomorrow Emmie Bluff Deeps - Mineralisation Zone COPPER SULPHIDE ZONATION • • • UPPER ZONE: disseminated and blebby chalcocite/bornite in massive haematite, a narrow zone of chloritic and haematised sediment, MIDDLE ZONE: strongly haematised dominated by chalcopyrite and accessory bornite with elevated molybdenum and cobalt levels detected by portable XRF, and LOWER ZONE: including both bornite and chalcopyrite, again primarily in blebs and veinlets. 12 Coda Minerals - Sustaining Tomorrow Advanced Indicated Resources • • Established, Zambian-style CopperCobalt Indicated Mineral Resources at Windabout and MG14. Advanced geotechnical and metallurgical understanding, ongoing optimisation studies. WINDABOUT 17.67 MT @ 0.77% Cu, 492 ppm Co, 8 g/t Ag* N MG14 1.83 MT @ 1.24% Cu, 334 ppm Co, 14 g/t Ag* Primed for near-term development. 13 *(0.5% CuEq Cutoff) Coda Minerals - Sustaining Tomorrow N 14 Emmie Bluff Resource Estimation Final phase of drilling prior to Mineral Resource estimation has commenced May 2021. Emmie Bluff Exploration Target1 Tonnage Range (Mt) Cu Range (%) Co Range (%) Ag Range (g/t) Cu Eq. Range1 (%) 46 - 77 0.34 - 1.5 0.02 - 0.10 5 - 19 0.5 - 2.3 LATERAL EXTENT CONFIRMED Exploration Target’s scale (>4.5km2 of lateral extent) has been supported by seismic and drilling (17 Holes to date in 2020/21). EXPANSION POTENTIAL Demonstrated mineralisation beyond Exploration Target bounds, room to grow to the south and southeast. JORC 2012 COMPLIANT RESOURCE ESTIMATION IMMINENT Final phase of drilling prior to Mineral Resource estimation planned for Q2-Q3 2021, Resource Estimate expected Q4 2021. 14 Coda Minerals - Sustaining Tomorrow 1The Company notes that the potential quantity and grade of the Exploration Target is conceptual in nature, and that there has been insufficient exploration to estimate a Mineral Resource. It is uncertain whether further exploration will result in the estimation of a Mineral Resource. Emmie Bluff Structural Setting Domino-Style Extensional Faulting BASEMENT • Tapley Hill Formation deposited in a palaeotopographic low created by a half-graben derived from domino-faulting . North Looking 2D Seismic Section, Emmie Bluff • Half-graben defined by major, pre-depositional basement-tapping, NE aligned west dipping fault. 15 Coda Minerals - Sustaining Tomorrow MINERALISING STRUCTURE Interpreted NW trending mineralizing structure. allowed for shallower transfer of metal rich fluids into reducing environment around Tapley Hill black shale. SAE 20 SAE 18 Merged Lode: 3.3m from 403.35m @ 5.63% CuEq Merged Lode: 5m from 410.8m @ 1.98% CuEq SAE 17 DD21EB0013 Merged Lode: 3.05m from 411m@ 2.57% CuEq Upper Lode: 3m from 400.47m @ 4.71% CuEq DD21EB0008 Upper Lode: 1.83m from 419.96m @ 1.74% CuEq DD21EB0012 Upper Lode: 2.24m from 497.11m @ 3.19% CuEq DD20EB0007 Merged Lode: 3.49m from 454.2m @ 2.22% CuEq DD21EB0014 Merged Lode: 2.13m from 445.25m @ 3.53% CuEq • Mineralisation occurs as narrow bands at the upper and lower contacts of the Tapley Hill Fm Black Shale. • Upper and Lower lodes tend to merge into thicker, higher grade lodes at edges, where shale pinches out 3.3km within Coda Tenure. Opportunities for expansion to the South and Southeast 16 Coda Minerals - Sustaining Tomorrow Assay results presented are for illustrative purposes, please refer to release: 26 April 2021 for full details 17 Ongoing Regional Exploration Opportunities for new deposits, resource expansion IOCG EMMIE BLUFF DEEPS Proximal historical IOCG mineralisation intersected. Ongoing drillhole targeting low-mag, high-grav core of IOCG system after extensive geophysical re-evaluation. SEDIMENT HOSTED CU HANNIBAL Potential Emmie Bluff repeat on opposite side of Pernatty Upwarp. 6 hole initial RC programme in previously untouched area. POWERLINE Historical evidence of mineralisation and shale body geometry. Up to 12 RC holes planned <10km southwest of MG14. MG14 NORTH Opportunities for expansion to the north and west. Up to 22 low-cost, shallow RC holes for significant potential uplift. 17 Coda Minerals - Sustaining Tomorrow Planned Drilling at Elizabeth Creek in the coming months. Green dots represent planned holes. Coloured dots represent mineralised holes as per the legend in the previous slidce. The MG14 Indicated Mineral Resource (0.5% CuEq cut off) is outlined as the black dashed line in the lower right. Cameron River Queensland – Cameron River Project Coda is earning up to 80% ownership of the Cameron River Copper-Gold Project through low-risk, staged expenditure. COMPLEMENTS FLAGSHIP ELIZABETH CREEK PROJECT • Provides Coda with additional exposure to buoyant copper market through highly prospective copper-gold exploration assets. • Numerous anomalous rock chips, up to 22% Cu and 6.58 g/t Au respectively. LOW RISK STAGED FARM IN • Stage 1: $1 million exploration expenditure within 2 years to earn a 51% interest. • Stage 2: Additional $1 million expenditure within 1 year of earning the Stage 1 interest, to earn an additional 29% interest OPPORTUNITIES FOR RAPID START UP • Existing native title agreement and walk-up geochemical targets. • Coda’s strong cash balance will allow the Company to deliver on both its current and future commitments. 19 Coda Minerals - Sustaining Tomorrow 20 ESG Compliance and the Green Economy Emmie Bluff presents opportunities for value creation in a greening and increasingly ethically focused world. COPPER AND COBALT Coda’s focus is on key commodities driving the green revolution, with extraordinary anticipated demand growth. SUPPLY CHAIN PREMIUMS Conflict-free, ethical supplies of cobalt are rare and sought after by manufacturers, likely to attract a premium. ENVIRONMENTAL COMMITMENT Coda is committed to environmentally responsible operations and is actively researching low impact lixiviants for application at Elizabeth Creek. STRONG RELATIONSHIP WITH TRADITIONAL OWNERS Coda has a strong, productive and respectful relationship with the Traditional Owners of the land on which it works. 20 Coda Minerals - Sustaining Tomorrow Ambitious Work Program Coda will focus on delivery of a Mineral Resource at Emmie Bluff while progressing emergent IOCG and other exploration opportunities at Elizabeth Creek and Cameron River. Q2 2021 EMMIE BLUFF Q3 2021 Emmie Bluff Inferred Drill Programme Resource Development & Estimation Inferred Resource Anticipated Release Emmie Bluff Deeps IOCG Drilling IOCG 3rd Diamond Rig Arrives REGIONAL Regional Exploration Drilling Emmie Bluff VTEM Acquisition & Interp Regional Exploration Assay Final EXPLORATION Geochemical Exploration Program CAMERON RIVER 21 Q4 2021 Soil Sample Assay Results Coda Minerals - Sustaining Tomorrow *Timeline is indicative only WHY INVEST IN CODA? AMBITIOUS TRANSFORMATIONAL ONGOING WORK PROGRAM STRONG FOUNDATIONS; $9.9M CASH, HIGHLY EXPERIENCED BOARD EXISTING 280,000 CUEQ AT MG14 AND WINDABOUT (JORC 2012 INDICATED) MAIDEN RESOURCE AT EMMIE BLUFF Q4 2021 INITIAL RESULTS AT EMMIE BLUFF DEEPS ILLUSTRATES COMMITMENT TO EXPLORATION 22 Coda Minerals Tomorrow Coda Minerals- Sustaining - Sustaining Tomorrow Appendices Copper & Future Minerals Appendix A: Statements Mineral Resources & Competent Person Statement Mineral Resources and Exploration Targets 1. MG14 Indicated Mineral Resource: The information is extracted from the report entitled "Mt Gunson Copper-Cobalt Project Update" created on 19 January 2018 and is available to view on https://www.asx.com.au/asxpdf/20180119/pdf/43qxphjd18l2x0.pdf. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. 2. Windabout Indicated Mineral Resource: The information is extracted from the report entitled "Mt Gunson Copper-Cobalt Project Update" created on 19 January 2018 and is available to view on https://www.asx.com.au/asxpdf/20180119/pdf/43qxphjd18l2x0.pdf. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. 3. Emmie Bluff Exploartion Target: The information is extracted from the report entitled "Initial Exploration Target at Emmie Bluff" created on 19 June 2019 and is available to view on https://www.asx.com.au/asxpdf/20190619/pdf/445yk7d7vkq685.pdf . The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. Competent Person Statement for JORC 2012 Mineral Resources This report was prepared in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC Code”) by Tim Callaghan, who is a Member of the Australian Institute of Mining and Metallurgy (“AusIMM”), has a minimum of five years’ experience in the estimation and assessment and evaluation of Mineral Resources of this style and is the competent Person as defined in the JORC Code. This announcement accurately summarises and fairly reports his estimations and he has consented to the resource report in the form and context it appears. The MG14 and Windabout Mineral Resource at the Mount Gunson Copper-Cobalt Project has been estimated by Mr Tim Callaghan, an external consultant, and is reported under the 2012 Edition of the Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves (see Gindalbie Metals ASX announcement 19 January 2018 titled: Mt Gunson Copper-Cobalt Project Update). Competent Person Statement for JORC 2012 Exploration Target Information relating to the Exploration Target and Exploration Results for Emmie Bluff is based on, and fairly represents, information and supporting documentation compiled by Craig Went, a Senior Associate Geologist of Mining & Process Solutions Pty. Ltd. Mr Went is a Member of the Australasian Institute of Mining and Metallurgy (“AusIMM”), and has a minimum of five years’ experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (”JORC Code”). Mr Went consents to the inclusion of the matters based in this ASX Release on his information in the form and context in which it appears. 24 Coda Minerals - Sustaining Tomorrow Appendix B: Board and Management Extended Bio Keith Jones BBus, FCA, FAICD, FFin Non-Executive Chairman Mr Jones is an experienced public company Chairman with a background of over 40 years professional experience providing advisory and consulting services to the mining and resources sector. Mr Jones served for 10 years on the Board of Deloitte Australia and was elected Chairman of Deloitte Australia for four years. He is the former Chairman of Gindalbie Metals Limited and Cannings Purple and currently serves as a NonExecutive Director of ASX listed Ora Banda Mining Limited. Mr Jones has significant executive leadership experience serving for 15 years as the Managing Partner of Deloitte in Western Australia and as Leader of the National Chinese Services Group and National Energy and Resources Group. As a Partner of Deloitte, Mr Jones provided Audit, Corporate Finance and Advisory Services to a wide range of corporate clients with a focus on the resources sector. He has also advised on numerous transactions, capital raisings, valuations and takeovers as advisor or expert. Robin Marshall I.Eng (UK), MAICD Non-Executive Director Mr Marshall has previously been involved in managing the successful delivery of some of the world’s largest resource projects, including major iron ore projects for BHP Billiton and North Limited. At Vale Inco, he held the position of Project Director with responsibility for delivery of the multi-billion dollar Goro Nickel Project in New Caledonia through to its commissioning in early 2009. At BHP Billiton Iron Ore, Mr Marshall held the position of Vice President – Asset Development Projects with responsibility for the development of a number of projects in the first wave of expansion in the iron ore business sector. In additional to these roles, Mr Marshall also previously held key positions of Project Manager for the West Angelas Iron Ore Project with North Limited, Project Director with Iron Ore Company of Canada, Manager Projects for Forrestania Gold/LionOre Australia, Manager Engineering & Project Services for Western Mining Corporation and Project Manager for Nedpac (Signet Engineering). Paul Hallam BE(Hons)Mining, FAICD, FAU SIMM Non-Executive Director Mr Hallam has more than 40 years Australian and international resource industry experience. His operating and corporate experience is across a range of commodities (iron ore, bauxite, alumina, aluminium, gold, silver, copper, zinc and lead) and includes both surface and underground mining. Mr Hallam retired in 2011 to pursue a career as a professional non-executive director. He has held Australian and international non-executive director roles since 1997. His former executive roles include Director – Operations with Fortescue Metals Group, Executive General Manager – Developments & Projects with Newcrest Mining Limited, Director – Victorian Operations with Alcoa and Executive General Manager – Base and Precious Metals with North Ltd. Mr Hallam is a qualified mining engineer and holds a BE (Hons) from Melbourne University and a Certificate of Mineral Economics from Curtin University. He is a Fellow of the Australian Institute of Company Directors and the Australasian Institute of Mining & Metallurgy. Colin Moorhead BSc(Hons) FAusIMM (CP) GAICD Non-Executive Director Mr Moorhead is an experienced mining professional. He is well recognised in the mining industry, including building safe, successful and highly regarded technical teams; ability to develop and deliver strategy, culture and governance; a thorough understanding of the technical, legal and commercial aspects of the mining business with an exposure to many different cultures and operating environments. Also recognised as a leader in the areas of health, safety, environment and community. Prior to joining Coda Minerals, he served as CEO PT Merdeka Copper Gold Tbk (2016-2018), EGM Minerals, Newcrest Mining Ltd, Australia (2008- 2015), GM Resources & Reserves of the same company (2006- 2008), Geology Manager, PT Nusa Halmahera Minerals, Gosowong Gold Mine, Indonesia (2003-2006), Technical Services Manager, Cadia Holdings Ltd, NSW, Australia (1997-2003), and various other positions in the mining industry in a career spanning 33 years since 1987. Mr. Moorhead a former member of The JORC Committee and also served as President of the Australasian Institute of Mining and Metallurgy (AusIMM) for 2017-2018. 25 Coda Minerals - Sustaining Tomorrow Appendix B: Board and Management Extended Bio Chris Stevens BA (Hons), MA (Oxon), MSc, GAICD Chief Executive Officer, Director Mr Stevens is an experienced resources executive and mineral economist who, prior to joining