2025/11/13 – 10:22:00 – 1086684632784568592
Appointment of Managing Director – Namibia
Deep Yellow Limited
Registration No. ABN 97 006 391 948
Registered as an external company in Namibia
ISIN Code: AU000000DYL4
NSX Share Code: DYL
APPOINTMENT OF MANAGING DIRECTOR – NAMIBIA
Deep Yellow Limited (Deep Yellow or the Company) is pleased to announce the appointment of Mr.
Zebra Kasete as Managing Director – Namibia, effective 5 January 2026. In this role Mr. Kasete, who will
report to the Managing Director and CEO of Deep Yellow, will support the construction of the Tumas
Project and be accountable for running the Namibian operations post-construction of Tumas. He will
also serve as Deep Yellow’s country head for Namibia and be based in Swakopmund, Namibia.
Mr. Kasete is a Namibian mining executive with more than 35 years’ experience, having held senior
roles in diverse commodities, including uranium, diamonds, copper and gold. His most recent role
was Executive Vice President of Sinomine Tsumeb Smelter Pty Ltd (formerly Dundee Precious Metals
Tsumeb Pty Ltd of which he was Managing Director) in Namibia (2016 to 2025). He previously served
as Managing Director of Murowa Diamond Private Limited in Zimbabwe.
Prior to moving to Zimbabwe, Mr. Kasete spent 25 years at Rio Tinto where he joined as a cadet
metallurgist at Rössing Uranium Limited (R?ssing). During his tenure with R?ssing and the wider Rio
Tinto Group, he held senior roles in operations, technical, procurement, human resources, business
development and external relations. His global experience spans Namibia, Zimbabwe, Australia, and
the USA.
Mr. Kasete is a metallurgist by profession and brings a wealth of experience to this position. He is past
president of the Chamber of Mines of Namibia and holds a MBA in General and Strategic
Management from the University of Maastricht in the Netherlands.
Mr. Kasete said: “I feel privileged to return in this role to where my professional career began, mining
uranium in Namibia.
“Tumas is a very important development for both Deep Yellow and Namibia. For me personally, the
opportunity to lead and grow a greenfields uranium project, including building the team that will operate the
project, is an exciting one that I’m very much looking forward to.”
Deep Yellow’s Chief Financial Officer and Acting Chief Executive Officer, Mr. Craig Barnes,
welcomed Mr. Kasete to the role: “Zebra’s credentials to be the leader of Tumas are outstanding. We are
very pleased to have secured someone with his depth of experience and local knowledge which will be
invaluable during the construction of Tumas and into operations.
“His appointment is another important milestone as we put the pieces in place ahead of a final
investment decision for Tumas and work toward establishing our flagship project as the fourth
uranium mine in Namibia.”
The announcement can be viewed at the following link:
https://api.investi.com.au/api/announcements/dyl/5e40faca-035.pdf
CRAIG BARNES
Chief Financial Officer/Acting Chief Executive Officer
Deep Yellow Limited
13 November 2025
Registered Office
Reptile Uranium Namibia (Pty) Ltd
Registration no. 2004/511
48 Hidipo Hamutenya Street
Swakopmund
Namibia
Sponsor
IJG Securities (Pty) Ltd
Member of the NSX
4th floor 1@steps, C/O Grove and Chasie Street
Kleine Kuppe
P O Box 186, Windhoek, Namibia
Registration No. 95/505
Date: 13-11-2025 10:22:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
—
Namibia Securities Exchange – NAM News