Karl-Axel Waplan (b. 1951) Independent of the company and of the owners
Chairman of the Board since 2008, member, Nomination Board and Remuneration committee. 30+ years in metals and mining. President and CEO, Northland Resources AB, since January 2010. Managing Director, European Operations and Project Director, Northland’s iron ore mining projects in Sweden and Finland (2008-2010). Previous positions: President and CEO, Lundin Mining Corp (2005-2008), and Executive Vice President, Operations (2004-2005). COO, Sudamin Ltd ferroalloys and noble alloys divisions (2003-2004), Head, Supply and Sourcing, L&M, Germany and Switzerland (2001-2002). VP, Marketing and Sales, Boliden (1996-2001) responsible for the Storliden zinc and copper mine. Other Board Memberships include: Chairman of the Board of Radkin AB, Chairman, Swedish mining research company Raw Material Group, and alternative energy company Igrene AB.

M. Sc. (Mechanical Engineering), Royal Institute of Technology, Stockholm, Sweden.

Shareholding: 260 000 shares

Timo Lindborg (b. 1955) Independent of the owners
Member of the Board since 2005. Almost 30 years of experience in the mining industry, focused on exploration and the development of mining projects in Finland and Sweden. CEO of Endomines Oy (1995-2009), and its industrial minerals business, Kalvinit Oy (1997- 2009), which merged to become Endomines AB from 2005. CEO of Endomines AB between 2005 and 2009. Currently, Managing Director of Sotkamo Silver AB. Professor, Mineral entrepreneurship and business processes, University of Oulu and Luleå Institute of Technology. Non-executive Board Member of power transmission company Oulun Energian Siirto ja Jakelu since 2009.

Ph.D.(Technology), 1996, M.Sc. (Engineering), University of Oulu, Finland (1988), and B.Sc, (Geology), Uppsala University, Sweden (1983).

Shareholding (including company and family holdings): 2 340 056 shares

Staffan Simberg (b. 1949) Independent of the company and of the owners
Member of the Board since 2011 and member, Audit Committee. Extensive experience within the IT-sector, beginning with 20 years with Nokia Corporation. Since 1992, consultant and adviser to various Nordic companies and public sector organizations with regards to IT-strategy as well as corporate transactions and restructurings. He has been a board member of private-equity held companies Dotcom Solutions AB, Q-matic AB, Powermill Service Group AB, as well as CEO of Enermet Group Oy. Former Chairman of the Board of Metso PanelBoard Oy. Current positions include: Member of the Board, Chairman of Audit Committee, SW-company Electrobit Oy, member of the Advisory Board of Landis & Gyr AG and investment advisor to Swedish private equity investors Karnell.

Studies at the Helsinki Technical University and MBA, IMD, Geneva (1982).

Shareholding (including family company holdings): 500 000 shares

Lars-Göran Ohlsson (b. 1944) Independent of the company and of the owners
Board Member since 2006, member, Technical Committee and Audit Committee. Almost 40 years in the industry, senior management and non-executive board positions with mining and exploration companies in the Nordic region. Has been a non-executive director of 18 companies or organizations besides Endomines, and currently Managing Director of Geomanagement AB, acting as consultant and adviser to the industry. Key senior management positions have included: CEO, Dannemora Mineral AB (2006-2008), Oijärvi Oy (1999-2006), Riddarhyttan Resources AB (1997-2006), Svenska Koppar AB (1998-1999), and LKAB Prospektering AB (1981-1987). Other board memberships include: Lappland Goldminers AB, Dannemora Mineral AB and Member of the Advisory Board, Nordic Iron Ore AB and Kopparberg Mineral AB.

M.Sc. (Mining Engineering and Metallurgy), Royal Institute of Technology, Stockholm, Sweden (1970).

Shareholding: 0

Rauno Pitkänen (b. 1950) Independent of the company and of the owners
Board Member since 2010, member, Remuneration committee. Rauno Pitkänen has over 30 years of experience in base metals mining, and has had an international career with the Outokumpu Group, including Outokumpu Oy (1975-1987), as Manager, Project Development, Outokumpu Metals and Resources (1995-1998), and as Vice President, Project Development, Outokumpu Mining Oy (1999-2001). Vice President, New Business Solutions, Outokumpu Technology, 2004-2006. He held various operational responsibilities at Tara Mines Ltd, Ireland (1987-1995), and as Production Manager (2001-2004). Currently, Global Product Line Manager, Loading and Hauling, at Sandvik Mining and Construction, Sweden, where he has held several senior positions in its Underground Mining business since 2006..

M.Sc (Geology, Mining and Metal Processing), Helsinki Technical University, Finland (1975).

Shareholding: 7 380 shares

Eva Redhe Ridderstad (b. 1962) Independent of the company and of the owners
Member of the Board since 2011 and member, Audit Committee. Previous positions include: CEO (2004-2006) and Chairman of the Board (2007-2008) of Erik Penser Fondkommission. She has also served as Member of the Board of communications company Intellecta AB and medical device company Q-Med AB. Current positions include: Senior Adviser to Yggrasil AB, Member of the Board and member of the Audit Committee, Orc Software AB and Swedish fashion manufacturer, MQ Holding AB and Member of the Board of Probi AB. She is also Member of the Board of industrial lubricants manufacturer Axel Christiernsson International AB, Temaplan Asset Management AB as well as Deputy Board Member of Touring Exhibitions AB.

Master of Science in Economics and Business Administration from Stockholm School of Economics, 1988. Shareholding (including family) 191 657 shares.

Carina Hellemaa (b.1958) Independant of the owners.
Member of the Board since 2009. Independent financial adviser, consultant. Founder and Managing Partner of consulting company C.Hellemaa & Co. Former investment banker, has worked on numerous M&A and financial advisory assignments as well as capital markets transactions for Nordic corporates and governments. Head of Corporate Finance, Finland, Handelsbanken Capital Markets (2004-2007), Executive Director, Investment Banking, UBS Investment Bank, London (1989-1992 and 1997-2004). Director, Operations, Communications and Development, Crisis Management Initiative, NGO founded by former Finnish President Martti Ahtisaari (2008-2009). Industrial Bank of Japan Ltd, London (1993-1996) and Manufacturers Hanover, London and Geneva (1986-1989).

M.A. International Relations, Fletcher School of Law and Diplomacy, Tufts University, USA (2008).

Shareholding: 0

Markus Ekberg (b.1957)
CEO since August 2009. 25+ years of experience designing and project management of mines and mining projects in Finland, Norway, Ireland and Australia. Markus has worked with base metals (zinc, copper and nickel) as well as gold and chromium. Previous positions: General Manager, Hitura nickel mine, Finland (2007-2009), Resident Manager, Pahtavaara Gold Mine, Finland (2004-2005), Project Manager, Tara Mines Limited, Ireland (2002-2004), Project Manager, Outokumpu Mining Australia (2000-2002), Mine Manager and Chief Mine Geologist, Nikkel og Olivin AS, Norway (1993-2000), Chief Geologist, Bidjovagge Gold Mine, Norway. Qualified Person, Australian JORC and Canadian NI-43-101 stock exchange codes. Eurogeologist,

M.Sc (Geology and Mineralogy), Turku University, Finland (1985).

Shareholding: 60 000 shares (through company), 800 000 options

Börje Linden (b. 1954)
Börje Linden has been the Chief Financial Officer of Endomines since August 2008 and deputy CEO of Endomines AB since 2010. He has over 20 years of experience of senior leading administrative positions in international public companies both in Finland and in Sweden. During his first years after graduating, he was employed by an international auditing firm Price Waterhouse Coopers both in Finland (1981-1986) and Sweden (1986-1988). From 1990 he has worked in Sweden mainly as Group Controller in pharmaceutical distribution as well as Manufacturing pharmaceutical raw materials until his present position at Endomines.

M.Sc (Econ.), Hanken School of Economics, Helsinki, Finland (1980)

Shareholdings in Endomines: 41 772 shares; 550,000 options.

Jaakko Liikanen (b.1952 )
Jaakko Liikanen is Chief Technical Officer of both Endomines Oy and its industrial mineral subsidiary, Kalvinit Oy, and Deputy CEO of Endomines Oy. He was one of the founders of the company in 1996. He has over 30 years of experience in the mining industry, and started his career with LKAB Prospektering AB in 1978 as geologist. He was promoted to Project Leader and Geologist, and worked with the company 1981-1988. He was Chief Geologist and Head of Exploration at Terra Mining AB and its Finnish subsidiary, Terra Mining Oy, where he was, amongst other projects, responsible for the acquisition and development though to production, of the Pahtavaara gold mine.

M.Sc (Geology), Uppsala University, Sweden (1981), Qualified Person by SweMIn.

Shareholdings: 1 221 941 shares, 550 000 options.

Janne Muttonen (b. 1975)
Resident Manager at the Pampalo Gold Mine since 2010. 10 years of experience in the construction industry. Prior experience includes Project Manager at Ahma Engineering Limited, (responsible for the Pampalo Gold Mine project). Before this, Lujatalo Oy, works manager. B.Sc (Engineering), North Karelia Polytechnic (1999)

Shareholdings in Endomines: 4 000 shares, 400 000 options.