Parent Company

Cosmicore Pty Ltd (Brisbane, Australia)

Executive Chairman & Global CEO: Melvin K. Jensen

Cosmicore Pty Ltd serves as the parent and strategic holding company for all Cosmicore operations. Based in Brisbane, it provides executive leadership, strategic direction, and governance oversight across the group’s activities in Papua New Guinea and the wider Asia-Pacific region.

The parent company is responsible for:

• Group-wide strategy, capital allocation, and key investment decisions

• Business development, partnerships, and stakeholder engagement

• Governance oversight, risk management, and performance accountability

• Ensuring all operations align with Cosmicore’s mission, values, and long-term national development objectives

Board of Directors

Cosmicore is supported by a Board of Directors comprising experienced professionals across mining, infrastructure, energy, agriculture, finance, and governance.

The Board provides:

• Strategic guidance and independent oversight

• Risk management and capital discipline

• Long-term sustainability and growth planning

• Accountability to shareholders, partners, and stakeholders

Corporate Governance & Compliance

Cosmicore maintains a dedicated corporate governance and compliance function to ensure all operations meet applicable Australian and Papua New Guinea legal, regulatory, and industry standards.

This function is responsible for:

• Developing and maintaining corporate policies, procedures, and internal controls

• Ensuring ethical conduct, transparency, and responsible business practices

• Supporting regulatory compliance, reporting, and audit readiness

• Upholding best-practice governance across all subsidiaries and project entities

Subsidiaries and Operational Entities

Cosmicore PNG Limited (Papua New Guinea)

Managing Director: PNG Operations

Cosmicore PNG Limited is the group’s principal operating subsidiary in Papua New Guinea, responsible for the on-the-ground delivery and management of projects across mining, infrastructure, agriculture, and community development.

The Managing Director leads day-to-day operations and ensures:

• Effective implementation of approved projects across PNG

• Full compliance with national and provincial regulations

• Alignment with customary land rights, cultural protocols, and landowner interests

• Strong working relationships with government agencies, regulators, and local authorities

Project Management & Operations Team

Cosmicore PNG is supported by a multidisciplinary Project Management & Operations Team with experience across:

• Mining and exploration operations

• Civil engineering, surveying, and construction

• Infrastructure delivery and logistics

• Environmental management and local governance

This team is responsible for the execution of flagship and pipeline projects, including mining operations, infrastructure construction, and agricultural development initiatives, delivered in accordance with approved work programs, budgets, and safety standards.

Landowner Liaison & Community Engagement Team

Cosmicore maintains a dedicated Landowner Liaison & Community Engagement function to ensure strong, transparent, and respectful partnerships with customary landowners and local communities.

This team is responsible for:

• Ongoing engagement with ILGs, clan leaders, and community representatives

• Facilitating landowner participation in decision-making processes

• Developing, managing, and administering landowner agreements

• Ensuring fair, transparent, and equitable benefit-sharing arrangements

Through this structure, Cosmicore ensures that landowners are active partners in development, not passive stakeholders, and that projects deliver long-term social and economic benefits at the community level.

Subsidiary / Strategic Investment Entity

Andapare Wagi Petromin Resource Investment Limited (Papua New Guinea)

Executive Chairman: Melvin K. Jensen

Andapare Wagi Petromin Resource Investment Limited operates as a strategic investment and project development entity focused on resource opportunities within Papua New Guinea, including mining, oil, and gas.

The company provides strategic oversight and investment leadership to ensure resource projects are developed responsibly, commercially, and in alignment with customary landowner interests and sustainable resource management principles consistent with the broader Cosmicore vision.

Key responsibilities include:

• Identifying and advancing resource development opportunities across PNG

• Providing strategic direction for mining, oil, and gas investments

• Ensuring alignment with landowner empowerment, ethical governance, and long-term value creation

Investment & Partnerships Team

The Investment & Partnerships Team is responsible for building and managing relationships with:

• International investors and funding partners

• Strategic mining, energy, and infrastructure partners

• Government agencies and institutional stakeholders

The team focuses on:

• Securing project funding aligned with long-term development objectives

• Structuring joint ventures and strategic partnerships

• Negotiating financing arrangements for mining, energy, and infrastructure projects

Geology & Resource Management Team

The Geology & Resource Management Team oversees technical aspects of exploration and resource evaluation activities, ensuring all work is conducted in accordance with regulatory requirements and international best practice.

Responsibilities include:

• Supervision of exploration and resource assessment programs

• Oversight of geological studies and technical evaluations

• Management of feasibility studies and environmental assessments

• Supporting responsible development planning for exploration assets, including the EL1611 gold–copper exploration project, subject to licensing and regulatory approvals

Strategic Joint Ventures & Partnerships

Joint Venture Partnerships

Cosmicore forms strategic joint ventures with customary landowner groups, local enterprises, and global investors to co-develop projects across mining, energy, infrastructure, and agriculture.

These joint ventures are structured to ensure:

• Shared ownership and aligned incentives among all project stakeholders

• Access to capital, technical expertise, and operational capability

• Local employment, skills transfer, and business participation throughout the project lifecycle

• Long-term value creation for landowners and host communities

By aligning landowners, investors, and operators within a single project framework, Cosmicore ensures that projects are commercially viable, socially responsible, and locally embedded.

Strategic Partnerships with Government & Institutions

Cosmicore maintains constructive, transparent partnerships with national, provincial, and local government agencies to support compliant and sustainable project development.

These partnerships focus on:

• Regulatory compliance and approvals

• Alignment with national and provincial development priorities

• Infrastructure planning and service delivery coordination

• Long-term socio-economic outcomes for host communities

Landowner Partnerships & Benefit-Sharing

Central to Cosmicore’s model is a formalised partnership with customary landowners through ILGs and community governance structures.

This includes:

• Ongoing engagement and participation in project decision-making

• Development and administration of landowner agreements

• Transparent and equitable benefit-sharing arrangements

• Protection of customary land rights, culture, and community interests

Through this integrated partnership approach, Cosmicore ensures landowners are co-developers and long-term beneficiaries, not passive stakeholders.

Support Functions

Finance & Administration

Chief Financial Officer (CFO): To be appointed

The Finance & Administration function is responsible for the financial stewardship of the Cosmicore Group and supports informed, disciplined decision-making across all operations.

Key responsibilities include:

• Group budgeting, financial reporting, and cash-flow management

• Capital planning, investment analysis, and financial controls

• Oversight of funding structures, cost management, and financial risk

• Ensuring financial decisions align with Cosmicore’s long-term strategy and governance framework

Legal & Compliance

Cosmicore maintains a dedicated Legal & Compliance function to support ethical operations and regulatory integrity across all jurisdictions in which it operates.

This function is responsible for:

• Management of legal matters, including contracts, landowner agreements, and joint venture arrangements

• Oversight of regulatory compliance and corporate governance obligations

• Ensuring adherence to Australian and Papua New Guinea laws, regulations, and industry standards

• Supporting risk management, transparency, and ethical business conduct

Technical & Operations Support

Engineering & Surveying

Cosmicore’s Engineering & Surveying function provides specialist technical support across infrastructure, mining, and resource development projects.

This team is responsible for:

• Engineering design and technical input for roads, bridges, airstrips, civil works, and mining operations

• Surveying, mapping, and spatial data management to support accurate planning and execution

• Application of advanced engineering and surveying software, including Bentley systems, AutoCAD, and 12D Model, to ensure precision, efficiency, and quality control

• Supporting constructability reviews, logistics planning, and on-site technical supervision

Environmental & Sustainability

Cosmicore maintains a dedicated Environmental & Sustainability function to ensure all projects are developed responsibly and in accordance with best-practice environmental standards.

Key responsibilities include:

• Environmental impact assessments and approvals support

• Development and implementation of environmental management and rehabilitation plans

• Monitoring compliance with PNG regulatory requirements and international environmental standards

• Integrating sustainable resource management and carbon-conscious practices across project lifecycles

This function ensures that development activities balance economic outcomes with long-term environmental protection and community wellbeing.