APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

PERTH, Australia, March 17, 2025 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to announce that the Company has appointed experienced and well-regarded Australian mining executive, Mrs Fiona Van Maanen, to the Board of Hot Chili as an Independent Non-Executive Director.The appointment is effective from the date of this announcement.

Mrs Van Maanen is a highly accomplished company director with over 30 years of progressive executive experience in corporate governance, financial management, and accounting in the mining industry.She has worked for companies who have had a diverse range of mineral projects spanning exploration, development and production environments.

Mrs Van Maanen is currently Non-Executive Director of Westgold Resources Limited (ASX: WGX), Wildcat Resources Limited (ASX: WC8) and Pantoro Limited (ASX: PNR).

AspartofherrolewithHotChili,MrsVanMaanenwillChairtheCompany'sAudit&RiskCommittee.

Mrs Van Maanen will stand for election as a director of the Company at the Company's 2025 Annual General Meeting.

Thisannouncementwasapprovedandauthorised forreleasebytheBoard ofHotChili.

For further information, please contact:

or visit Hot Chili's website atwww.hotchili.net.au

SOURCE Hot Chili Limited