Anfield Energy Appoints New CFO Ahead of Critical Production Phase

VANCOUVER, BC – December 29, 2025 – Anfield Energy Inc. is making a significant leadership change as it positions itself for a pivotal transition from development to production, announcing today the appointment of seasoned financial professional Lubica (Luba) Niemann as its new Chief Financial Officer, effective January 1, 2026.

The move comes as the uranium and vanadium development company navigates the complexities of its expanding US operational footprint and the rigorous reporting demands of its recent NASDAQ listing. Ms. Niemann will take the financial helm from Laara Shaffer, who will step down from the CFO role but maintain continuity by remaining on the company's Board of Directors.

A Strategic Leadership Transition

Lubica Niemann brings fifteen years of robust financial and accounting experience to Anfield, with a deep specialization in the publicly traded sector. Her career includes senior finance positions as controller for several companies listed on the TSX Venture Exchange, such as Kutcho Copper Corporation and MineHub Technologies Inc. This background has equipped her with a practical, hands-on approach to financial operations, corporate reporting, and audit coordination, skills that are critical for a company at Anfield's current inflection point.

The transition is expected to be smooth. In a statement, Anfield's CEO Corey Dias highlighted Niemann's existing familiarity with the company's financial framework. “We are very pleased to have Luba Niemann join the Company as CFO,” Dias commented. “Luba has previously provided financial reporting support to Anfield, and so we expect a seamless transition into her new role.”

This pre-existing relationship suggests a deliberate and strategic succession plan, aimed at minimizing disruption and allowing the new CFO to immediately engage with the company's ambitious growth objectives. Shaffer's continued presence as a Director further ensures that her institutional knowledge remains accessible to the leadership team.

Fortifying Financial Oversight for US Growth

The appointment is explicitly tied to Anfield’s strategic priorities, particularly its growth in the United States and its status as a dual-listed entity on both the Canadian TSX.V and the American NASDAQ. Operating on a major US exchange introduces a higher level of regulatory scrutiny and more stringent financial reporting standards, including compliance with the Sarbanes-Oxley Act (SOX).

CEO Corey Dias emphasized the importance of Niemann's specific expertise in this demanding environment. “Luba’s experience as controller for other publicly-traded companies is invaluable, given Anfield’s expanding US operations and related reporting requirements due to its recent NASDAQ listing,” he stated. Her proven ability to manage the financial intricacies of public companies is seen as a key asset that will fortify Anfield’s corporate governance and ensure compliance as its operational complexity increases.

For investors, this focus on strengthening the finance function is a signal of corporate maturity. It demonstrates that management is proactively building the necessary infrastructure to support not only its current assets but also the financial demands of a future producing mine, which involves intricate cost accounting, revenue management, and international financial flows.

Gearing Up for Uranium Production

Perhaps the most significant aspect of the leadership change is what it signals about Anfield's operational timeline. The company is squarely focused on graduating from a developer to a producer of uranium and vanadium, key materials in the global push for clean energy and advanced industrial applications. Dias directly connected the appointment to this goal, stating, “We look forward to leveraging Luba’s strengths as the Company advances toward uranium production.”

This transition is one of the most capital-intensive and challenging phases in a mining company's lifecycle. It involves securing significant project financing, managing large-scale construction and commissioning budgets, and establishing sophisticated systems for supply chain management and cost control. A CFO with Niemann's practical background will be instrumental in navigating these financial hurdles, ensuring capital is deployed efficiently, and building a financial framework that can support sustained commercial operations.

The timing aligns with a broader resurgence of interest in the nuclear energy sector globally, which has bolstered uranium prices and created a favorable market environment for aspiring producers. By installing a CFO with a strong public-company and operational finance track record, Anfield is preparing to capitalize on this market opportunity and execute on its production strategy.

Aligning Incentives for Future Growth

Coinciding with the CFO announcement, Anfield also disclosed its intention to grant incentive compensation to key personnel. The company plans to issue 769,401 restricted share units (RSUs) and 560,572 incentive stock options to certain directors, officers, and consultants, effective December 31, 2025.

These equity-based incentives are a standard but crucial tool for aligning the interests of the management team with those of shareholders. The RSUs will vest into common shares after twelve months, contingent on the holder's continued involvement, rewarding medium-term commitment. The stock options carry a five-year term, are exercisable at a price of $6.90 per share, and vest immediately. This structure incentivizes the leadership team to drive long-term value creation, as the options will only become profitable if the company's share price rises significantly above the exercise price.

This move reinforces the company’s focus on growth and its confidence in its strategic plan. By locking in key talent and motivating them with a direct stake in the company's future success, Anfield is ensuring its leadership is fully committed to navigating the challenges and seizing the opportunities that lie on the path to becoming a significant energy fuels supplier.