16 August 2023

Beowulf Mining plc

("Beowulf" or the "Company")

Beowulf announces management changes at Jokkmokk Iron Mines AB

Beowulf Mining (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, announces that Ulla Sandborgh is stepping down from her position as CEO of Beowulf’s subsidiary Jokkmokk Iron Mines AB.

Ed Bowie, CEO of Beowulf Mining commented: “I want to thank Ulla for her contribution to the advancement of Jokkmokk Iron.”

Beowulf is working to ensure a smooth transition. The Company has initiated the recruitment process for an individual