Criterium Energy appoints Ben Arnott to Board of Directors

Criterium Energy

Criterium Energy Ltd. (LON:CEQ), an independent upstream energy development and production company focused on energizing growth for Southeast Asia, today announced that it has appointed Mr. Ben Arnott to Criterium’s Board of Directors and provided information related to the Company’s upcoming Annual General Meeting.

Appointment of Mr. Ben Arnott as Non-Independent Director and Strategic Advisor

Criterium hsd announced the appointment of Mr. Ben Arnott to its Board of Directors, subject to acceptance of the TSX Venture Exchange. Mr. Arnott is a seasoned energy finance professional with over 25 years of experience raising capital across the energy sector throughout the Asia Pacific region. He has successfully arranged over US$50 billion in credit financings. As the former Head of Energy for Southeast Asia and Australia at Société Générale, Mr. Arnott has a track record of successfully closing numerous complex corporate and project financings, exhibiting deep expertise in the upstream sector and forging strong relationships with both operators and financial institutions.

Mr. Arnott will join the audit committee, replacing Mr. Brian Anderson in that role. Mr. Anderson will continue to serve as the Chairman of the Board of Directors. Mr. Arnott will support the Board in overseeing the Company’s existing debt obligations as well as future corporate and project financing initiatives.

Mr. Arnott will also take an active role in the Company as a Strategic Advisor and will therefore be a nonindependent member of the Board. In this capacity, he will work closely with the CEO and management team to advance financing strategies aimed at accelerating development across the Company’s portfolio, while also supporting the evaluation and execution of potential merger and acquisition opportunities.

“I am thrilled to welcome Ben to our Board and as a strategic advisor to our management team,” said Matthew
Klukas, President and CEO of Criterium Energy.
“His proven track record of structuring and delivering financing
solutions across the Southeast Asian energy sector will be instrumental as we scale production, strengthen our
capital structure, and continue to position Criterium as a trusted energy provider in the region.”

Mr. Arnott holds a degree in Geology from Imperial College London and a post graduate diploma from Aston
University.

Notice of Annual General Meeting

The 2026 Annual General Shareholder Meeting (AGM) will be held at the Bow Valley Square Conference Center
(Angus and Northcote Rooms), 3rd Floor, 205–5 th Avenue SW, Calgary, Alberta, T2P 2V7 on June 16, 2026 at
9:00am MDT.

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