As an AIM-quoted company,  Lexington Gold (“Lexington” or the “Company”) and its subsidiaries (together, the “Group”) is required to apply a recognised corporate governance code, demonstrating how the Group complies with such corporate governance code and where it departs from it.

The Directors of the Company have formally taken the decision to apply the QCA Corporate Governance Code (the “QCA Code”). The Board recognises the principles of the QCA Code, which focus on the creation of medium to long-term value for shareholders without stifling the entrepreneurial spirit in which small to medium sized companies, such as Lexington, have been created. The Company updated its Corporate Governance Statement on 27 July 2020 to reflect the change to the Board of Directors announced on the same day and will provide annual updates on its compliance with the QCA Code in its Annual Report. The Corporate Governance Statement was last updated on 20 October 2023.

Corporate Governance Statement – Updated 20 October 2023

AIM Rules Compliance Policy

Anti-Bribery & Corruption Policy

Share Dealing Code

Appendix One to the Board Charter of Richland Resources Limited to be renamed Lexington Gold Ltd Schedule of matters specifically reserved for decision by the full board

Appendix Two to the Board Charter of Richland Resources Limited to be renamed Lexington Gold Ltd Procedure for directors to take independent professional advice

Audit Committee Charter

Nominations Committee Charter

Takeover Regulation

The company is incorporated in Bermuda and is not subject to the UK City Code on Takeovers and Mergers. There is no equivalent to the UK City Code on Takeovers and Mergers in Bermuda but there are provisions in Articles 15 to 17 of the Company’s Bye-Laws relating to limitations on the right to hold voting securities and proportional bid approval. The Company’s Bye-Laws are available by clicking this link.