b'CENTAURUS METALS ANNUAL REPORT 2023Directors Report YourdirectorspresenttheirreportontheConsolidatedEntity(Group)consistingofCentaurusMetalsLimited (Centaurus or the Company) and the entities it controlled at the end of, or during, the year ended 31 December 2023 together with the consolidated financial report and accompanying audit report. 1Directors The directors of the Company at any time during or since the end of the year are: Mr D M Murcia Independent Non-Executive Chair Mr D P GordonManaging Director Mr B R ScarpelliExecutive DirectorMr M D HancockIndependent Non-Executive Director Mr C A BanasikIndependent Non-Executive DirectorDr N StreltsovaIndependent Non-Executive Director All directors held their office from 1 January 2023 until the date of this report. 2Directors and Officers Mr Didier M Murcia, AM, B.Juris, LL.BNon-Executive Chair, Age 61 Independent non-executive director appointed 16 April 2009 and appointed Chair 28 January 2010.Lawyer with over 30 years legal and corporate experience in the mining industry.Mr Murcia is currently Honorary Australian Consul for the United Republic of Tanzania.He is Chair and founding director of Perth-based legal group MPH Lawyers.During the last three years Mr Murcia has held directorships in the following ASX listed companies: Alicanto Minerals LimitedNon-Executive Director (appointed 30 May 2012) Strandline Resources LimitedNon-Executive Chair (appointed 23 October 2014, resigned 23 November 2023) Mr Darren P Gordon, B.Bus, FCA, AGIA, ACG, MAICD Managing Director, Age 52 Managing Director appointed 4 May 2009. Mr Gordon is a Chartered Accountant with over 25 years resource sector experience as a senior finance and resources executive.He is a member of both the Governance Institute of Australia and the Institute of Company Directors. He has more than 13 years experience in Brazil and has developed an extensive network of contacts within Government, the resources industry, and the broader business community in country. He has developed significant exposure to a number of different resource commodities as Managing Director of the Company and lead the negotiations with Vale to acquire the Jaguar Project. Mr Gordon was formerly Chief Financial Officer for Gindalbie Metals Limited (1999-2008). Mr Bruno R Scarpelli, M.Sc., PMP Executive Director, Age 46 Executive Director appointed 3 September 2015. Mr Scarpelli is an engineer with over 15 years experience in the mining sector, specifically in the environmental approvals, health and safety and human resources fields. He was formerly environmental manager for Vales world class S11D Iron Ore Project.Mr Scarpelli is Administrator of Centaurus Brazilian subsidiaries and the Country ManagerBrazil. Mr Mark D Hancock, B.Bus, CA, F Fin Non-Executive Director, Age 55 Independent non-executive director appointed 23 September 2011.Mr Hancock is a Company Director and consultant to the resource industry with a focus on commercial advisory and commodity marketing. He has over 30 years experience in senior commercial and financial roles across a number of leading companies in Australia and South East Asia, including most recently spending 13 years with Atlas Iron as CFO and CCO and prior to that with oil and gas industry participants Woodside Petroleum Ltd and Premier Oil Plc. During the last three years Mr Hancock has held directorships in the following ASX listed companies: CuFe Ltd - Executive Director, part time basis (appointed 1 September 2019) Strandline Resources LtdNon-Executive Director (appointed 11 August 2020), Non-Executive Chair (appointed 23 November 2023) 30 ANNUAL REPORT CENTAURUS METALS LIMITED Page 3 of 54CENTAURUS METALS LIMITED ANNUAL REPORT 31'