Highlights:

• Mr. Louis Martin has joined Jervois Global Limited (“Jervois”) as Group Manager – Taxation, based at the company’s new commercial office in Nyon, Switzerland. 

• Jervois Switzerland SA will house Jervois’s emerging global nickel and cobalt trading activities as the company extends its commercial platform in these commodities. 

• New commercial office will have geographic proximity to Jervois’ core assets and to major growth markets for battery materials. 

• Chief Executive Officer Mr. Bryce Crocker will also be based out of the Nyon office effective from first quarter 2022. 

23 December 2021 (Australia) – TheNewswire - Jervois Global Limited (“Jervois” or the “Company”) (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) is pleased to announce Mr. Louis Martin has joined as Group Manager – Taxation, based at the Company’s new commercial office in Nyon, canton of Vaud, Switzerland, effective 1 April 2022.

Mr. Martin is joining Jervois with more than 30 years of experience in taxation, commencing his career in professional practice with Deloitte and subsequently Ernst & Young.  It was at Ernst & Young as a Senior Manager where Mr. Martin first worked with the current Jervois executive team, advising Xstrata plc (“Xstrata”) on the acquisition of the Canadian base metal company, Falconbridge Limited (“Falconbridge”).  Upon the consummation of the acquisition in 2006, he was hired into Xstrata as Vice President of Taxation, and oversaw the restructuring and integration of Falconbridge’s global operations.  Following the subsequent acquisition of Xstrata by his most recent employer, Glencore plc (“Glencore”), in 2013, Mr. Martin moved to Baar, Switzerland, as Global Head of Taxation for the copper division, with responsibility for both operating assets and trading activities.

Mr. Martin will start with Jervois on 1 April 2022, at the end of his current notice period.

Mr. Martin has extensive experience engaging with taxation authorities across a number of jurisdictions where Jervois operates.  Mr. Martin will remain based in Switzerland and will work in Jervois’s new commercial office in Nyon, located in the canton of Vaud.

Jervois Switzerland SA has been incorporated with an effective date of 16 December, 2021.  This entity will house Jervois’s emerging global nickel and cobalt trading activities, structured and built up around its three current and future operating sites of Jervois Finland (previously known as Freeport Cobalt), Jervois USA (Idaho Cobalt Operations) and Jervois Brazil (currently comprising the São Miguel Paulista nickel cobalt refinery, under purchase option from Companhia Brasileira de Alumínio (“CBA”), a publicly listed controlled subsidiary of Votorantim SA, a Brazilian family conglomerate.

In addition to Jervois’s commercial and taxation functions, Chief Executive Officer Mr. Bryce Crocker will also be based out of the Nyon office.

On behalf of Jervois Global Limited

Bryce Crocker, Chief Executive Officer

For further information, please contact:

Forward-Looking Statements

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule”, “expected” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to nickel and cobalt trading, future operating sites of Jervois and certain other factors or information. Such statements represent Jervois’ current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by Jervois, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. Jervois does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

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