For Immediate Release

25 January 2023

Serabi Gold Plc
(“Serabi” or the “Company”)
change of directions

Serabi Gold plc (SRBSBI, the Brazil-focused gold mining and development company, is pleased to announce the appointment of Ms. Carolina Margozzini as Non-Executive Director, effective immediately. Ms. Margozzini will be the appointed representative of Fratelli Investments Limited (“Fratelli”), replacing Mr. Nicolas Bañados in that capacity. Mr. Bañados, who has served as Serabi’s director since May 2013, is stepping down from the Board of Directors with immediate effect

Ms. Margozzini is Principal of Private Equity & Venture Capital at Megeve Investments (“Megeve”), where she focuses on direct private equity investments in the mining and energy sectors in Latin America and technology investments globally. Megeve is an investment advisor at Fratelli. She is currently a board member of Haldeman Mining Company, a copper and gold producer in Chile, and Colgener, a Colombian energy company. Previously, she was Head of Research and Financial Analysis at Blumar, a fishing and salmon farming company. She began her investment banking career at Citibank’s local office, where she gained experience in M&A, equity and debt capital markets. Ms. Margozzini holds a bachelor’s degree in Business Administration and Administration with a concentration in Finance from the Universidad Católica de Chile.

Michael Lynch-Bell, chairman from Serabi commented:

“I am very pleased to have Carolina join the Company’s Board of Directors as a Non-Executive Director and, on behalf of the Board, I would like to express my gratitude for Nicolas’ service and contribution to the Company.”

Continue AIM Disclosures on Mrights MargozzinI

As required by Schedule 2, Paragraph (g) (i)-(viii) of the AIM Rules for Companies, additional disclosures regarding Ms. Margozzini are as follows.

Carolina Andrea Margozzini Cecchi, 36 years old, has held the following directorships and/or partnerships in the last five years: