Coronado Global Resources Inc. (CODQL): CFO Sandeep Deoji appointed

Events in this filing

Item 5.02 as filed

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Chief Financial Officer
On October 29, 2026 (October 30, 2026 in Australia),
the Board of Directors (the “Board”) of Coronado Global Resources Inc. (the “Company”), at the recommendation
of the Compensation and Nominating Committee of the Board, appointed Sandeep Deoji, the Company’s current Interim Chief Financial
Officer (“Interim CFO”) to serve as the Company’s Chief Financial Officer (“CFO”), effective as of November
1, 2026 (the “Effective Date”). Since his appointment as Interim CFO on August 1, 2026, Mr. Deoji has served as the Company’s
principal accounting officer, and as CFO, he will continue to serve as the Company’s principal accounting officer.
Mr. Deoji, age 42, has served as Interim CFO since
August 2026 and previously served as Vice President, Group Financial Control of the Company from July 2022 to July 2026, Group Financial
Controller from May 2021 to July 2022 and Manager, Group Financial Reporting from January 2019 to May 2021. From January 2025 to March
2025, Mr. Deoji served as the Company’s interim principal financial officer and interim principal accounting officer. Mr. Deoji
has been a Director of Wiggins Island Coal Export Terminal Pty Limited since June 2025.
There are no reportable family relationships or
related party transactions (as defined in Item 404(a) of Regulation S-K) involving the Company and Mr. Deoji.
The terms of Mr. Deoji’s appointment shall
be governed by a contract of employment, dated as of October 30, 2026 (Australia) between Curragh Queensland Mining Pty Ltd. (“Curragh”),
an Australian subsidiary of the Company, and Mr. Deoji (the “Employment Agreement”). Pursuant to the Employment Agreement,
Mr. Deoji will receive an annual base salary of AU$675,000, which includes Australian statutory defined contribution superannuation contributions
made on Mr. Deoji’s behalf. Mr. Deoji is also eligible to participate in incentive arrangements offered by the Company from time
to time to senior executives.
Mr. Deoji will be eligible for a bonus under the
2026 short-term incentive program (“STI”), calculated as described in the Employment Agreement. A portion of the bonus will
be paid on the STI payment date in 2027, and a portion will be paid following the completion of the audit of the Company’s financial
accounts for 2027.
Mr. Deoji’s employment can be terminated
by either him or Curragh by giving the other party three months written notice (or by Curragh making payment in lieu of part or all of
his notice period). In the event Curragh terminates Mr. Deoji’s employment for cause, no notice period will apply. If Mr. Deoji
is terminated by reason of redundancy, he is entitled to receive redundancy payments in accordance with Australian legislation. Mr. Deoji
is also subject to post-termination restrictions on competing with the Company or any subsidiary and/or soliciting its employees and customers
for a period of one year following termination of his employment.
The foregoing description of the Employment Agreement
does not purport to be complete and is qualified in its entirety by reference to the full text of the Employment Agreement, which is filed
as Exhibit 10.1 hereto and is incorporated herein by reference.