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Resouro Strategic Metals• Press release (February 2026)

Corporate Updates

Resouro Strategic Metals• Press release (February 2026) Page 1 of 3

TSX-V News Release ASX News Release

16 February 2026 17 February 2026

Resouro Announces the Proposed Appointment of Simon Stilwell as

Non-Executive Chairman

Stilwell brings additional capital markets, governance and strategic leadership

experience to the Board

Resouro Strategic Metals Inc. (ASX: RAU; TSX-V: RSM; FSE: 8TX; OTCQB: RSGOF) (“Resouro” or the

“Company”) is pleased to announce that it is proposing to add a highly experienced executive and

non-executive director with a degree in geology to its board of directors. Mr Simon Stilwell has over

30 years of experience in capital markets, corporate governance, strategy execution, mergers and

acquisitions, and the leadership of listed and unlisted businesses, particularly in regulated industries.

He will serve as independent Non-Executive Chairman of Resouro upon his appointment1 and support

the Company’s investor engagement activities, particularly across the Australian and UK markets.

“We are delighted to announce the proposed appointment of Simon to the Board,” said Christopher

Eager, Resouro’s Chairman and CEO. “His depth of experience across capital markets, governance, and

strategic leadership will be a significant asset to Resouro as we move through our next phase of

growth. Simon has a strong track record of supporting management teams, engaging with investors,

and helping boards navigate complex operating and market environments.”

The Board believes Mr Stilwell’s strong governance background, capital markets expertise, and

international investor network will be highly valuable as Resouro advances the development of its

Brazilian rare earths and titanium assets and continues to engage with global capital markets.

Mr Stilwell has advised growth companies and has held senior executive and board roles across a

range of AIM-listed companies. He was CEO and Founding Director of London-based investment bank

Liberum Capital, which developed a strong resources franchise from inception. He was also a founder,

investor and a member of the investment committee of Laurium, its natural resources fund

management business.

He served as a long-standing Non-Executive Director at Gresham House Plc, an alternative asset

manager, during a period of significant growth and value creation. At Gresham House, he chaired the

remuneration committee and was a member of the audit, risk, i nvestment and sustainability

committees.

1 which will take effect upon his receipt of an Australian Director Identification Number.

Resouro Strategic Metals• Press release (February 2026) Page 2 of 3

Throughout his career, Mr Stilwell has demonstrated deep expertise in capital markets, investor

engagement, governance frameworks, and scaling businesses through growth phases, restructurings,

and exits. His experience spans IPOs, acquisitions, disposals, balance sheet management, and

stakeholder engagement with institutional investors, regulators, lenders, and shareholders.

The Board will advise the market when Mr Stilwell’s appointment becomes effective.

This announcement has been authorized for release by the Board of Directors of Resouro Strategic

Metals Inc.

For further information, please contact:

Christopher Eager

Executive Chairman & CEO

[email protected]

Justin Clyne

Non-Executive Director

[email protected]

About Resouro

Resouro is a Canadian incorporated mineral exploration and development company, listed on the ASX, TSXV,

OTC, and FSE, focused on the discovery and advancement of economic mineral projects in Brazil, including the

Tiros Titanium-Rare Earths Project and the Novo Mundo Gold Project. The Tiros project has 28 mineral concessions

totalling 497 km2 located in the state of Minas Gerais, one of the best infrastructurally developed states of Brazil,

350 km from the state capital of Belo Horizonte. Resouro's Mineral Resource Estimate for the Tiros Project

contains 165 million tonnes of titanium dioxide and 5.5 million tonnes of total rare earths oxides within a

Measured and Indicated Resource of 1.4 billion tonnes.

Note: Further details of the Company’s JORC MRE are contained within the Company’s ASX announcement of 9

April, 2025/TSX-V 8 April 2025. Resouro is not aware of any new information or data that materially affects the

information included in the Company’s announcement and that all material assumptions and technical

parameters underpinning the estimates referred to therein continue to apply and have not materially changed.

Category Million Tonne TiO2 % TREO (ppm) MREO (ppm)

REO/TREO rat

Measured

30

24

9,300

2,500

27%

Indicated

74

23

8,900

2,300

26%

M + I 103 23 9,100 2,400

26%

Inferred

33

22

8,300

2,200

26%

Measured

340

11

3,700

1,000

28%

Indicated

930

11

3,600

1,000

28%

M + I 1,300 11 3,600 1,000

28%

Inferred

470

11

3,400

920

27%

Measured

367

12

4,100

1,100

28%

Indicated

1,000

12

4,000

1,100

27%

M + I 1,400 12 4,000 1,100

28%

Inferred

500

12

3,700

1,000

27%

Resouro Strategic Metals• Press release (February 2026) Page 3 of 3

Forward-Looking Information

This news release contains certain "forward-looking information" within the meaning of applicable securities law.

Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend",

"believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions

"may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information

are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee

future results, performance or achievements. Consequently, there is no representation that the actual

results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements

are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events

or results to differ materially from those anticipated in the forward- looking information. Some of the risks and

other factors that could cause the results to differ materially from those expressed in the forward-looking

information include, but are not limited to: general economic conditions in Canada and globally; industry

conditions, including governmental regulation and environmental regulation; failure to obtain industry partner

and other third party consents and approvals, if and when required; the need to obtain required approvals from

regulatory authorities; stock market volatility; liabilities inherent in the mining industry; competition for, among

other things, skilled personnel and supplies; incorrect assessments of the value of acquisitions; geological,

technical, processing and transportation problems; changes in tax laws and incentive programs; failure to

realize the anticipated benefits of acquisitions and dispositions; and the other factors. Readers are cautioned that

this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary

statement. We undertake no duty to update any of the forward -looking information to conform such

information to actual results or to changes in our expectations except as otherwise required by applicable

securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Neither the ASX, OTC, TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.