Alien Metals Regulatory News (UFO)

Trading Symbols

AIM: UFO

FWB: I3A1

21 January 2026

Alien Metals Limited

("Alien" or the "Company")

Board Changes

Alien Metals Limited (AIM: UFO), a minerals exploration and development company, announces that Bruce Garlick, who has been serving as a Non-Executive Director of the Company, has assumed the role of Executive Chairman effective immediately.

Bruce's experience in the mining industry is extensive, with over 30 years' experience in exploration, project development across multiple commodities including gold, silver, base metals - copper, zinc, lead, PGM's platinum palladium, and magnetite. The Board believes that this experience will strengthen the Company's ability in overseeing Alien's position with respect to its current silver and platinum/palladium projects and enhancing the value from the Company's iron ore projects. In addition, should opportunities for new projects and joint ventures arise, these will also be considered by the Company.

The Company can confirm that Ms Belinda Murray has given notice to resign as Executive Director of the Company. It has been agreed that her appointment as a director will continue until 21 February 2026 to ensure an orderly handover of her responsibilities. She will continue to be available in a consultancy capacity for a further month thereafter until 21 March 2026. In particular, she will continue to assist in finalising the Company's transaction with Greentech Metals, as well as other projects on which she has been working to add value to the Company. The Board thanks Ms Murray for her valuable support and guidance in progressing the Company's transaction with Greentech Metals towards completion and other activities in recent months and wishes her well in her future endeavours.

Elizabeth Henson, Non-Executive Director, has also assumed the role of Senior independent Non-Executive Director. Michael Carter will continue in his role as Non-Executive Director.

For further information, please visit the Company's website at www.alienmetals.uk or contact:

Alien Metals Limited

Bruce Garlick

Via Yellow Jersey PR

Tel: +44 (0) 203 004 9512

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Edward Foulkes

Tel: +44 (0) 207 409 3494

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 203 829 5000

Turner Pope (Joint Broker)

Andy Thacker / Guy McDougall

Tel: +44 (0) 203 657 0050

Yellow Jersey PR (Financial PR)

Charles Goodwin / Shivantha Thambirajah

Tel: +44 (0) 203 004 9512

Notes to Editors

Alien Metals Ltd is a mining exploration and development company listed on the AIM market of the London Stock Exchange (AIM: UFO). The Company follows a balanced strategy of advancing and strengthening its asset portfolio through targeted technical work and project development, while evaluating partnerships, joint ventures, and selective monetisation opportunities that are value-enhancing for shareholders. At the same time, Alien will continue to consider opportunities to expand our asset base through carefully selected acquisition opportunities which meet the Board's prudent criteria.

Alien's principal focus is the advancement and development of its 90%-owned Hancock Iron Ore Project in the central Pilbara region of Western Australia. The Hancock tenements contain a JORC-compliant resource of 8.4Mt at 60% Fe and offer significant exploration upside, which is targeted to deliver a mining operation of 2Mtpa for 10 years. The Project benefits from direct access to the Great Northern Highway, providing a route to export facilities at Port Hedland, one of the world's largest iron ore export hubs. Alien also holds exploration interests in the Brockman and Vivash iron ore projects in the West Pilbara.

Alien additionally retains exposure to two advanced precious and base metal assets in the Pilbara. At Munni Munni, one of Australia's largest PGM systems hosting a historic resource of 2.2Moz PGM (Palladium, Platinum, and Rhodium) and gold, the Company has entered into a conditional joint venture with GreenTech Metals Ltd, under which Alien will retain a 30% interest, free carried to the completion of a bankable feasibility study. Alien also retains a 30% interest in the Elizabeth Hill Silver Project through a joint venture with West Coast Silver Limited, which encompasses Elizabeth Hill Mining Lease and exploration tenements surrounding the historical silver mine, which has produced some of Australia's highest-grade silver ore during the late 1990s.