HYMC · Hycroft Mining Holding Corporation

The leadership appointments reflect a deliberate structural shift to strengthen strategic alignment between the Board and executive management at a pivotal stage in Hycroft’s development. By naming CEO Diane R. Garrett as Executive Chairman, the Board signals confidence in her dual capacity to drive both governance and operational execution—particularly as the Company advances technical studies to transition the Hycroft Mine from oxide heap leach to sulfide milling operations. Simultaneously, appointing former Chairman Thomas S. Weng as Lead Independent Director preserves institutional knowledge and independent oversight, supporting board effectiveness amid ongoing expansion of the director slate and senior management team—including recent hiring of Eric Colby as EVP, Corporate Development. The unanimous election of all six director nominees, despite notable broker non-votes (16.0 million shares), indicates broad shareholder acceptance of the current leadership direction. Ratification of Baker Tilly US LLP as auditor—with over 99% of votes cast in favor—reinforces audit continuity and financial reporting stability. These changes collectively position Hycroft to execute its near-term priorities: advancing the 2025–2026 exploration drill program targeting high-grade silver systems, completing metallurgical studies for sulfide processing, and building out leadership depth ahead of production ramp-up. No compensation terms for the new roles were disclosed in the filing.