An experienced board, CEO and technical team create the conditions for success

An experienced board, CEO and technical team create the conditions for success

An experienced board, CEO and technical team create the conditions for success

Board of Directors

Ola Lidström

Chairman of the Board

Advokat and partner at Lidström & Co with nearly 30 years of experience in capital markets law, financial regulation and Swedish corporate law. Former partner at Bird & Bird, Hamilton and Törngren Magnell, and Nordic Head of Legal at Alfred Berg/ABN AMRO. Areas of expertise cover the entire capital market flow (IPOs, public offerings, stock market listings, debt instruments), MAR/disclosure of information, corporate governance and company law issues, incentive schemes, FDI filings, transaction structuring, legal DD and post-closing matters. LL.M, Stockholm University (1994) and BSc in Business Administration and Economics, Linköping University (1991). Ola Lidström does not own any shares in, or other financial instruments issued by, the Company. He is independent of both the company and company management, as well as major shareholders.

Ownership: None

Ola Lidström

Chairman of the Board

Advokat and partner at Lidström & Co with nearly 30 years of experience in capital markets law, financial regulation and Swedish corporate law. Former partner at Bird & Bird, Hamilton and Törngren Magnell, and Nordic Head of Legal at Alfred Berg/ABN AMRO. Areas of expertise cover the entire capital market flow (IPOs, public offerings, stock market listings, debt instruments), MAR/disclosure of information, corporate governance and company law issues, incentive schemes, FDI filings, transaction structuring, legal DD and post-closing matters. LL.M, Stockholm University (1994) and BSc in Business Administration and Economics, Linköping University (1991). Ola Lidström does not own any shares in, or other financial instruments issued by, the Company. He is independent of both the company and company management, as well as major shareholders.

Ownership: None

Johannes Holzäpfel

Board Member

Economic geologist based in Stockholm for EMX Royalty Corporation since 2017, currently Exploration Manager Europe as well as, alongside this, Regional Director at First Nordic Metals Corp. since 2024. Has nearly 15 years of experience in mineral exploration and has worked with Boliden in Bergslagen, Ivanhoe Mines in the Central African Copper Belt, as well as working with copper and gold in Indonesia and Mongolia. MSc Economic Geology, Eberhard Karls Universität Tübingen (2011). He is independent in relation to the company and company management, as well as to major shareholders.

Ownership: 250,000 warrants of series 2026/2029

Johannes Holzäpfel

Board Member

Economic geologist based in Stockholm for EMX Royalty Corporation since 2017, currently Exploration Manager Europe as well as, alongside this, Regional Director at First Nordic Metals Corp. since 2024. Has nearly 15 years of experience in mineral exploration and has worked with Boliden in Bergslagen, Ivanhoe Mines in the Central African Copper Belt, as well as working with copper and gold in Indonesia and Mongolia. MSc Economic Geology, Eberhard Karls Universität Tübingen (2011). He is independent in relation to the company and company management, as well as to major shareholders.

Ownership: 250,000 warrants of series 2026/2029

Oscar Scheja

Board Member

Commodity trader at Scandinavian Steel AB since 2008 with a focus on international physical trading of various metal products, such as antimony and bismuth, among others. Experienced in contract negotiations, business planning, procurement and sales, as well as international logistics. MSc in Political Science, Örebro University (2006). He is independent in relation to the company and the company management, as well as to major shareholders.

Ownership: 250,000 warrants of series 2026/2029

Oscar Scheja

Board Member

Commodity trader at Scandinavian Steel AB since 2008 with a focus on international physical trading of various metal products, such as antimony and bismuth, among others. Experienced in contract negotiations, business planning, procurement and sales, as well as international logistics. MSc in Political Science, Örebro University (2006). He is independent in relation to the company and the company management, as well as to major shareholders.

Ownership: 250,000 warrants of series 2026/2029

Management

Filip Manneberg Kozlowski

CEO

Business leader with a background in the Nordic raw materials sector and capital markets. He was previously a board member and CEO of a Canadian listed company that developed projects for critical raw materials. Kozlowski has raised capital via investors, worked with investor relations in North America and Europe, and has an established network among Nordic institutions, family offices, private and strategic investors. He has good knowledge of Sweden's regulatory framework and permitting processes, and has participated in various policy platforms within the EU. His experience also includes stock exchange preparation and listings, project evaluation including technical reporting (e.g. NI 43-101).

Ownership (private and through companies): 892,222 Class A shares and 8,121,926 Class B shares

Filip Manneberg Kozlowski

CEO

Business leader with a background in the Nordic raw materials sector and capital markets. He was previously a board member and CEO of a Canadian listed company that developed projects for critical raw materials. Kozlowski has raised capital via investors, worked with investor relations in North America and Europe, and has an established network among Nordic institutions, family offices, private and strategic investors. He has good knowledge of Sweden's regulatory framework and permitting processes, and has participated in various policy platforms within the EU. His experience also includes stock exchange preparation and listings, project evaluation including technical reporting (e.g. NI 43-101).

Ownership (private and through companies): 892,222 Class A shares and 8,121,926 Class B shares

Technical team

Axel Sjöqvist, PhD

Exploration Manager

Axel Sjöqvist is a geologist and geochemist with a PhD from the University of Gothenburg, specialising in the formation processes of rare earth elements (REE). He has more than ten years of experience in academia, industry and consultancy, working within geochemical analysis, exploration and project development. Among other things, Axel has conducted exploration work around the Västervik region for a client. Axel runs the consultancy company Axray Scientific AB, is an affiliated researcher at the University of Gothenburg and a board member of the Geological Society of Sweden. He was awarded the Jan Bergström Prize in 2022 for his scientific achievements and his ability to communicate geosciences in socially relevant contexts.

Axel Sjöqvist, PhD

Exploration Manager

Axel Sjöqvist is a geologist and geochemist with a PhD from the University of Gothenburg, specialising in the formation processes of rare earth elements (REE). He has more than ten years of experience in academia, industry and consultancy, working within geochemical analysis, exploration and project development. Among other things, Axel has conducted exploration work around the Västervik region for a client. Axel runs the consultancy company Axray Scientific AB, is an affiliated researcher at the University of Gothenburg and a board member of the Geological Society of Sweden. He was awarded the Jan Bergström Prize in 2022 for his scientific achievements and his ability to communicate geosciences in socially relevant contexts.

Magnus Leijd

Senior Geological Consultant

Magnus Leijd is a geologist with over 25 years of experience in exploration and development of mineral projects in Sweden and internationally. He has worked with a broad spectrum of ore types and metals - from base metals, precious metals and PGEs to rare earth elements, lithium and industrial minerals. During his time at Lundin Mining/North Atlantic Natural Resources, he participated in the exploration and development of several significant Swedish deposits, and as Chief Geologist for Tasman Metals (later Leading Edge Materials), he led the development of the Norra Kärr REE project from the first borehole to PFS. Magnus has also managed extensive drilling programmes for United Lithium Corp. on the Bergby lithium project. In 2017, Magnus founded Explora Mineral AB together with Anders Zetterqvist and Johan Berg, which through exploration and further development of a range of mineral projects in Sweden successfully sold projects on to internationally listed companies such as District Metals Corp., Alicanto Minerals and European Green Transition Ltd. Magnus studied geology at Stockholm University. Magnus Leijd is a geologist with over 25 years of experience in exploration and development of mineral projects in Sweden and internationally. He has worked with a broad spectrum of ore types and metals - from base metals, precious metals and PGEs to rare earth elements, lithium and industrial minerals. During his time at Lundin Mining/North Atlantic Natural Resources, he participated in the exploration and development of several significant Swedish deposits, and as Chief Geologist for Tasman Metals (later Leading Edge Materials), he led the development of the Norra Kärr REE project from the first borehole to PFS. Magnus has also managed extensive drilling programmes for United Lithium Corp. on the Bergby lithium project. In 2017, Magnus founded Explora Mineral AB together with Anders Zetterqvist and Johan Berg, which through exploration and further development of a range of mineral projects in Sweden successfully sold projects on to internationally listed companies such as District Metals Corp., Alicanto Minerals and European Green Transition Ltd. Magnus studied geology at Stockholm University.

Magnus Leijd

Senior Geological Consultant

Magnus Leijd is a geologist with over 25 years of experience in exploration and development of mineral projects in Sweden and internationally. He has worked with a broad spectrum of ore types and metals - from base metals, precious metals and PGEs to rare earth elements, lithium and industrial minerals. During his time at Lundin Mining/North Atlantic Natural Resources, he participated in the exploration and development of several significant Swedish deposits, and as Chief Geologist for Tasman Metals (later Leading Edge Materials), he led the development of the Norra Kärr REE project from the first borehole to PFS. Magnus has also managed extensive drilling programmes for United Lithium Corp. on the Bergby lithium project. In 2017, Magnus founded Explora Mineral AB together with Anders Zetterqvist and Johan Berg, which through exploration and further development of a range of mineral projects in Sweden successfully sold projects on to internationally listed companies such as District Metals Corp., Alicanto Minerals and European Green Transition Ltd. Magnus studied geology at Stockholm University. Magnus Leijd is a geologist with over 25 years of experience in exploration and development of mineral projects in Sweden and internationally. He has worked with a broad spectrum of ore types and metals - from base metals, precious metals and PGEs to rare earth elements, lithium and industrial minerals. During his time at Lundin Mining/North Atlantic Natural Resources, he participated in the exploration and development of several significant Swedish deposits, and as Chief Geologist for Tasman Metals (later Leading Edge Materials), he led the development of the Norra Kärr REE project from the first borehole to PFS. Magnus has also managed extensive drilling programmes for United Lithium Corp. on the Bergby lithium project. In 2017, Magnus founded Explora Mineral AB together with Anders Zetterqvist and Johan Berg, which through exploration and further development of a range of mineral projects in Sweden successfully sold projects on to internationally listed companies such as District Metals Corp., Alicanto Minerals and European Green Transition Ltd. Magnus studied geology at Stockholm University.

Anders Zetterqvist

Senior Geological Consultant

Anders Zetterqvist is a geologist with over 25 years of experience in mineral exploration, mine development and geological consulting. He worked for many years for Zinkgruvan Mining with exploration drilling for ore base expansion, research projects and resource estimations. He has also been active in development projects and regional exploration in Bergslagen, the Skellefteå field, Hälsingland and Ireland for several different companies, including Boliden, Lovisagruvan and Nordic Iron. Anders has also managed extensive drilling programmes on the Bergby lithium project for United Lithium Corp. Anders holds a Master of Science in geology from Stockholm University, is an adjunct board member of Lovisagruvan AB (publ) and is the founder of both Zetterqvist Geokonsult AB and Explora Mineral AB.

Anders Zetterqvist

Senior Geological Consultant

Anders Zetterqvist is a geologist with over 25 years of experience in mineral exploration, mine development and geological consulting. He worked for many years for Zinkgruvan Mining with exploration drilling for ore base expansion, research projects and resource estimations. He has also been active in development projects and regional exploration in Bergslagen, the Skellefteå field, Hälsingland and Ireland for several different companies, including Boliden, Lovisagruvan and Nordic Iron. Anders has also managed extensive drilling programmes on the Bergby lithium project for United Lithium Corp. Anders holds a Master of Science in geology from Stockholm University, is an adjunct board member of Lovisagruvan AB (publ) and is the founder of both Zetterqvist Geokonsult AB and Explora Mineral AB.

Johan Sjöberg

Senior Geological Consultant

Johan Sjöberg has over 20 years of experience in the mining and exploration industry, with a focus on gold, nickel, and base metals. He has held leading roles as Chief Geologist and CEO of Nickel Mountain AB (now Bluelake Mineral AB), as well as Chief Exploration Manager and CEO of Akobo Minerals AB, where he was responsible for exploration in Ethiopia. Johan has extensive experience in planning and managing drilling programmes in complex geological environments both in Sweden and internationally, including for First Nordic Metals Corp. and EMX Royalty Corp. during their drilling campaigns in the Gold Line in northern Sweden. He was educated at Uppsala University and Rhodes University in South Africa.

Johan Sjöberg

Senior Geological Consultant

Johan Sjöberg has over 20 years of experience in the mining and exploration industry, with a focus on gold, nickel, and base metals. He has held leading roles as Chief Geologist and CEO of Nickel Mountain AB (now Bluelake Mineral AB), as well as Chief Exploration Manager and CEO of Akobo Minerals AB, where he was responsible for exploration in Ethiopia. Johan has extensive experience in planning and managing drilling programmes in complex geological environments both in Sweden and internationally, including for First Nordic Metals Corp. and EMX Royalty Corp. during their drilling campaigns in the Gold Line in northern Sweden. He was educated at Uppsala University and Rhodes University in South Africa.

Auditor

Ludvig Kollberg

Auditor

Born 1985, Authorised Public Accountant Far.
Moore Stephens KLN AB, Gothenburg.
The company's auditor since 2021.

Ludvig Kollberg

Auditor

Born 1985, Authorised Public Accountant Far.
Moore Stephens KLN AB, Gothenburg.
The company's auditor since 2021.

Capital and markets

Experienced board of directors and management with expertise in capital markets, corporate law, financing, and strategic metal markets – key areas for building trust, attracting capital, and developing the company in a listed environment.

>50 years

combined experience of the board and management

Capital and markets

Experienced board of directors and management with expertise in capital markets, corporate law, financing, and strategic metal markets – key areas for building trust, attracting capital, and developing the company in a listed environment.

>50 years

combined experience of the board and management

Exploration and development

Technical team with broad experience in exploration, project development, and mine-site work – relevant for transforming geological opportunities into clear targets, prioritised work programmes, and the next value-creating steps.

>100 years

combined experience of the technical team

Exploration and development

Technical team with broad experience in exploration, project development, and mine-site work – relevant for transforming geological opportunities into clear targets, prioritised work programmes, and the next value-creating steps.

>100 years

combined experience of the technical team

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.

© Copyright 2026 Crustal Resources AB

Crustal Resources AB is a Swedish listed company with a focus on exploration and project development within precious and strategic metals. The company's business is to acquire, develop, and realise value in raw material-based assets, primarily within the mining and mineral sector. The focus is on projects where geological potential and market conditions together create strong opportunities to build value. The company's B-share is traded on the NGM Growth Market under the ticker CRUST B and ISIN SE0020355188.

NGM Growth Market is a growth market for small and medium-sized enterprises for the listing and trading of shares and share-related securities operated by Nordic Growth Market NGM AB. NGM Growth Market is a growth market for small and medium-sized enterprises in accordance with MiFID II (Markets in Financial Instruments Directive II). An investor should keep in mind that shares and share-related securities listed on NGM Growth Market are not listed on a regulated market and that the company is therefore not subject to the same regulatory framework for the protection of shareholders as listed companies.