Aminex Regulatory News (AEX)

18 August 2020

Aminex plc

("Aminex" or "the Company")

Directorate Changes

Aminex is pleased to announce the appointments of Charles Santos as Non-Executive Chairman and Tom Mackay as a Non-Executive Director of the Company, both with immediate effect. Robert Ambrose will return to his former position as interim Chief Executive Officer, also with immediate effect.

Charles Santos is currently the CEO and Chairman of UIG Energy Inc, which develops energy projects in Central and Southeast Asia. He has more than 33 years of experience in political and commercial negotiations in West Africa, the Middle East, and Central, South, and East Asia. Charles served on the board of and led commercial negotiations on the Afghan portion of the Turkmen-Afghan-Pakistan-India gas pipeline for a consortium of international energy companies. He developed energy projects in Central Asia, including the farm-in of critical gas assets in Uzbekistan, where he served as the Chairman of the Steering Committee and the Operations Committee. Working for the United Nations in the late 1980s and early to mid-1990s, Charles served as Special Advisor to four Under-Secretary-Generals. He was the Deputy Head and Political Advisor to UN Peace missions in Afghanistan and Tajikistan.

Tom Mackay was originally appointed as a Non-Executive Director of Aminex in September 2014 serving on the Audit and Nominations Committees and as Chair of the Remuneration Committee before he was appointed Interim CEO in April 2019 until April 2020. Originally graduating with a degree in Geology from Durham University, he retrained as a Petroleum Engineer with Shell and later served in senior management positions with Clyde Petroleum and Gulf Canada. He was General Manager and later Senior Vice President of Stratic Energy Corporation and more recently, a Partner in Gemini Oil & Gas Advisors LLP; acting in technical, commercial and financial advisory capacities to the Gemini Oil & Gas Funds, investing in global appraisal and development projects.

Aminex confirms that there are no matters requiring disclosure in respect of this appointment under paragraph LR9.6.13R of the Listing Rules of the Financial Conduct Authority.

Robert Ambrose, Chief Executive Officer of Aminex commented:

"Following recent changes, we have taken the opportunity to rebalance the Board of Directors with the appointment of two independent directors. Charles and Tom are high-quality independent appointees, bringing a range of skills to the Board of Aminex. We warmly welcome Charles and welcome back Tom to the Board and look forward to working with them both."