Champion Iron Appoints Donald Tremblay as Chief Financial Officer

Champion Iron Limited is pleased to announce the appointment of Mr. Donald Tremblay as the Company's Chief Financial Officer ("CFO") effective September 12, 2022.

Most recently, Mr. Tremblay was Chief Financial Officer of the Iron Ore Company of Canada ("IOCC"), a leading producer of high-grade iron ore concentrate and pellets. Prior to joining IOCC in 2018, Mr. Tremblay served as CFO for TransAlta Corporation and Brookfield Renewable Power. He has more than 25 years of extensive financial experience with strategic abilities in capital market, investor relations and corporate development. Additionally, Mr. Tremblay has extensive knowledge in accounting, tax, controls and compliance. Mr. Tremblay is a Certified Public Accountant and obtained a Bachelor in Business Administration from the Université du Québec en Outaouais.

"We are thrilled to welcome Donald Tremblay to our executive team," stated Champion's CEO, David Cataford. "His expertise in the mining sector and experience as an executive of senior public companies will be an asset for our Company, as we evaluate our many organic growth projects to further decarbonize the steel industry."