MP Materials Corp. Appoints David G. Infuso as Chief Accounting Officer

LAS VEGAS – April 4, 2025 – MP Materials Corp. (NYSE: MP) announced the appointment of David G. Infuso as its new Chief Accounting Officer and Principal Accounting Officer, effective April 4, 2025. Infuso replaces CFO Ryan Corbett in this accounting role, while Corbett continues to serve as Chief Financial Officer.

Infuso has been with the company since November 2020, most recently serving as Senior Vice President of Financial Reporting and Technical Accounting. He brings over 17 years of accounting experience, including prior roles at Penn Entertainment, Pinnacle Entertainment, and Deloitte. He is a licensed CPA.

As part of the appointment, Infuso signed a new employment agreement outlining:

$315,000 annual base salary

Eligibility for a discretionary bonus

A grant of 9,932 restricted stock units, vesting over four years

The agreement includes severance benefits in case of termination without cause or in connection with a change in control, including up to 2x salary and bonus, benefit continuation, and accelerated equity vesting under certain conditions.

Infuso’s promotion supports MP Materials’ continued focus on strengthening financial leadership and operational transparency.