Serabi Gold Names Nick Box Interim Chief Financial Officer After Colm Howlin Exit

Colm Howlin stepped down as Chief Financial Officer and director of Serabi Gold on August 28, 2026, after 13 years with the company. Nick Box, a finance executive with 20 years of experience in the extractive industries, became Interim Chief Financial Officer on the same date, while Serabi searches for a permanent successor. Box will not join the Board. He previously served as Vice President, Investor Relations at Harbour Energy and as Chief Financial Officer of SDX Energy.

Company Overview

Serabi Gold (AIM: SRB | TSX: SBI | OTCQX: SRBIF) is a gold exploration, development, and production company focused on the Tapajós region in Pará State, northern Brazil. The company has consistently produced 30,000 to 40,000 ounces of gold per year from the Palito Complex and plans to double production in the coming years as it ramps up the Coringa Mine. Serabi recently made a copper-gold porphyry discovery on its exploration license. The company is headquartered in the United Kingdom and has a secondary office in Toronto, Ontario, Canada.

Finance Leadership Changes Ahead of Interim Results

Serabi Gold announced on September 1, 2026, that its Chief Financial Officer (CFO), Colm Howlin, had decided to leave both his CFO role and his seat on the Board. His departure took effect on August 28, 2026. Serabi had to publish its unaudited interim results for the six months to June 30, 2026, before September 30, 2026, under the AIM Rules. That means the transition took place during the company's half-year reporting period.

Nick Box was appointed Interim CFO from the same date. He will not sit on the Board, but he will work closely with the Board and the finance team until a permanent CFO is appointed. Serabi has started the search for a successor.

Chairman of Serabi Gold, Michael Lynch Bell, thanked Howlin for his tenure and explained how the Board will handle the interim period:

"The Board conveys its thanks to Colm for his 13 years of service to Serabi, during which time he has been a dedicated and committed employee. The Board wishes him every success in his future endeavors. We look forward to working with Nick over the coming months while we search for a permanent Chief Financial Officer."

Box Brings Capital Markets & Mining Finance Background

Box has 20 years of finance experience in the extractive industries. His work covers financial and environmental, social and governance reporting, business planning and analysis, treasury, systems and controls, investor relations, mergers and acquisitions, and corporate finance.

Before joining Serabi, Box was Vice President, Investor Relations at Harbour Energy plc, an oil and gas group in the FTSE 250. Before that, he was Acting CFO at ACG Acquisition Company Limited, now ACG Metals Limited, a special-purpose acquisition company set up to acquire critical-minerals mining assets. He was also CFO of SDX Energy plc, an oil and gas exploration and production company listed on AIM and the TSX Venture Exchange. Box began his career at PwC, where he worked with metals and mining clients. He is a Fellow of the Institute of Chartered Accountants in England and Wales. Box is 42 and holds no ordinary shares in Serabi. His only directorship in the past five years was at SDX Energy plc.

Next Steps

Serabi has started its search for a permanent CFO and will update the market once an appointment is made. Until then, Box will lead the finance function alongside the Board and the finance team.