Green Minerals: Changes in management

Oslo – 30 December 2024 – Green Minerals («the Company») announces that CEO Ståle Monstad will be stepping down from his role to join the Company’s Board of Directors. The Board extends its gratitude to Mr. Monstad for his outstanding leadership and significant contributions to Green Minerals and the industry during his three years as CEO. Mr. Monstad will remain involved with the Company through a consultancy agreement.

Further, Green Minerals is pleased to announce that Øivind Dahl-Stamnes has accepted the position as CEO in the Company. Mr. Dahl-Stamnes has worked 36 years in the oil and gas industry in Norway and internationally and has a broad experience within licensing. He has held executive/management positions in Exxon and Equinor for more than 15 years within exploration and production and has served on Green Minerals’ Board of Directors since inception. Mr. Dahl-Stamnes holds a master’s degree in geology from NTNU in Trondheim.

The changes take effect from 1 January 2025.

Disclosure regulation

This information is subject to the disclosure requirements in article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

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About Green Minerals AS

Green Minerals AS mission is to deliver minerals for the green energy transition in a responsible and sustainable manner through deep sea mining of key minerals and rare earth elements (REE). This significantly reduces the social and environmental costs found in terrestrial mining while at the same time solving a strategic need for EU and the USA. For more, visit www.greenminerals.no

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