GOVERNANCE 98 Board of Directors ������������������������������������������99 Our Executive Committee �������������������������� 101 Chairman’s governance report ���������������� 103 Committee reports ��������������������������������������� 108 PUMA ENERGY ANNUAL REPORT 2020 OUR BOARD OF DIRECTORS (i) Audit Committee Our Board of Directors brings together diverse (ii) Ethics and Compliance Committee (iii) Finance and Investment Committee energy industry professionals from around the world, (iv) Health, Safety, Security, Environment Committee who are committed to practising and promoting (v) Remuneration Committee good governance throughout the Group� 99 Emma FitzGerald (ii) Hadi Hallouche Pierre Lorinet (iii) (v) Baltazar Agostinho Chief Executive Officer Co-Head of Oil Trading, Trafigura Director, Trafigura Gonçalves Miguel (i) (iii) 2 years at Puma Energy� In October 2019 Hadi was appointed Co-Head 16 years at Puma Energy� Executive Board Member, Sonangol EP Emma joined Puma Energy in January 2019� of Trafigura’s Oil Trading Division� This follows Pierre is a non-executive Director of Trafigura� He 3 years at Puma Energy� Previously, she spent many years running his two-year tenure as Head of Oil Singapore holds other independent non-executive Director where he was responsible for managing the Baltazar joined Sonangol in 1997 and has held downstream Retail, Lubricants and LPG roles including with Cofco International Limited and various senior management positions in Accounting, businesses for Shell around the world� Before company’s oil and gas trading activity across Singapore government agencies such as Enterprise the Asia Pacific region� Hadi joined Trafigura Finance and Human Resources for Sonangol joining, Emma was immersed in the UK utility Singapore and the National Art Council of Singapore� Distribuidora SA and Sonangol Refinaria de Luanda industry running gas and water and waste in 2011 as an LNG Trader� Prior to joining Until September 2015 Pierre was the Chief Financial Trafigura, Hadi spent seven years in Royal SA� He was a member of the Executive Committee networks for National Grid and Severn Trent Officer and Managing Director Asia-Pacific for of the Board of Directors of Sonangol Luanda Water� She has served on boards in both an Dutch Shell� Hadi, an Algerian national, Trafigura� Pierre joined Trafigura in 2002 and became holds a PhD in Economics� Refinery between 2009 and 2012 and Chairman of Executive and Non Executive Director capacity CFO and Board Director in January 2007� In August the Executive Committee of Sonangol Academia including Severn Trent plc, Cookson Group plc, 2012 he also became MD for the Asia-Pacific region� between 2014 and 2017� In November 2017, he was Alent plc and DCC plc� She sits on the advisory Before joining Trafigura, Pierre worked for Merrill appointed to the Executive Board of Sonangol EP� board of Oxford Science Innovation� Emma Lynch and at Banque Indosuez� Pierre graduated Baltazar holds a BSc in Business Economics from holds a doctorate in Surface Chemistry from from Ecole Supérieure de Commerce de Paris in the University of Salford and an MA in Money, Oxford University and an MBA from France and holds an MSc in Finance with distinction Banking and Finance from the University of Manchester Business School� from Lancaster University in the UK� He is a French Sheffield/Sheffield Management School� citizen and resides in Singapore� PUMA ENERGY ANNUAL REPORT 2020 OUR BOARD OF DIRECTORS (i) Audit Committee (ii) Ethics and Compliance Committee (iii) Finance and Investment Committee (iv) Health, Safety, Security, Environment Committee (v) Remuneration Committee 100 Filomena Maria Gamboa Carvalho René Médori Graham Sharp (i) (iii) Mike Wainwright (iii) (v) dos Santos e Oliveira (v) Non-Executive Chairman, Puma Energy Non-Executive Board Member, Puma Energy Director, Trafigura Executive Board Member, 1 year at Puma Energy� 8 years at Puma Energy� 13 years at Puma Energy� Sonangol Hidrocarbonetos Internacional René joined the Puma Energy Board as Graham joined the Puma Energy Board Mike was appointed Chief Operating Officer 3 years at Puma Energy� Non-Executive Chairman on 3 March 2020� on 27 May 2012 as its independent Non- and Trafigura Management Board member Filomena serves as a member of the Executive René holds dual French and British nationality� Executive Chairman, handing over to in January 2008� His principal focus is the Committee of Sonangol EP subsidiary for upstream He brings significant experience to the Board René Médori on 3 March 2020� He spent his management of the middle and back office activities� Her previous roles include serving as from his executive roles in the energy and early career advising multinational clients support teams for the trading division, direct a member of the Sonangol Hidrocarbonetos natural resources sectors� He also has such as Shell� Following a period trading clean responsibility for the Group’s P&L and Internacional Executive Committee, as coordinator invaluable direct experience of international petroleum products worldwide, Graham was responsibility for the Finance function at of the Sonangol EP Regeneration Program, as best practice in corporate governance and a co-founding Board member of Trafigura� Board level� Mike joined Trafigura in 1996� a member of the Sonangol Pesquisa e Produção operating responsibly in emerging markets� Upon his retirement in 2007, Graham continued He has held various roles within the Group, Executive Committee, as a Development and René was previously Chief Financial Officer of to advise Oliver Wyman Associates and covering accounting, deals desk and middle Operations Manager of Sonangol EP, and as Anglo American, and Group Finance Director Galena Asset Management, among others� office IT development� Mike holds a BSc in Head of Reservoirs Department for the National of The BOC Group� He currently holds Non- He holds a first-class honours degree in Mathematics and Actuarial Studies from Concessionaire� Filomena joined Sonangol EP Executive Directorships at Newmont and Vinci engineering, economics and management Southampton University� in 1982� Filomena holds a Mining/Petroleum and he is also Chairman of Petrofac� from Oxford University� Engineering degree from Agostinho Neto University, Angola� PUMA ENERGY ANNUAL REPORT 2020 OUR EXECUTIVE COMMITTEE (i) Audit Committee Our highly experienced Executive (ii) Ethics and Compliance Committee (iii) Finance and Investment Committee Committee works closely together (iv) Health, Safety, Security, Environment Committee to set the strategy and lead the (v) Remuneration Committee transformation of Puma Energy. 101 Emma FitzGerald (ii) Andrew Kemp (ii) (iii) Deborah Binks-Moore (iv) Jonathan Pegler (ii) (iv) Chief Executive Officer Chief Financial Officer Chief Customer Experience and Communications Officer Future Energies, Infrastructure, Global Bitumen 2 years at Puma Energy. 1.5 years at Puma Energy. 1.5 years at Puma Energy. 5 years at Puma Energy. Emma joined Puma Energy in January 2019. Andrew joined Puma Energy in June 2019. Deborah joined Puma Energy in October 2019. Before joining Puma Energy in 2015, Jonathan Previously, she spent many years running Previously, he was the Group Director of Deborah started her career as a research scientist was global co-head of crude trading and head downstream Retail, Lubricants and LPG Finance at VEON Ltd and has held a number at Royal Dutch Shell, and worked in various of oil Asia for Trafigura based in Singapore. businesses for Shell around the world. Before of senior finance roles in telecommunications commercial and technical roles before specialising Prior to Trafigura, he worked for four years joining, Emma was immersed in the UK utility over 20 years, in addition to experience in the in Brand and Communications, leading her at Amerada Hess and nine years at BP, industry running gas and water and waste logistics, travel and property sectors. Most function in building trust and reputation for managing manufacturing facilities, logistics networks for National Grid and Severn Trent recently he was Regional CFO for VEON’s the Global Technology and Retail businesses assets, and trading portfolios for oil products Water. She has served on boards in both an operating companies in Pakistan, Bangladesh respectively. After leaving Shell, Deborah also and derivatives. Jonathan graduated from Executive and Non Executive Director capacity and Algeria. Prior to that Andrew was CFO worked in other industries and spent five years in City University in London with a BSc including Severn Trent plc, Cookson Group plc, of Jazz in Pakistan for three years where he the technology sector. She joined us from Alibaba in aeronautical engineering. Alent plc and DCC plc. She sits on the advisory played an instrumental role in the merger with Group, where she was Head of International board of Oxford Science Innovation. Emma Warid Telecom and the broader turnaround Corporate Affairs EMEA, and prior to that was holds a doctorate in Surface Chemistry from of Jazz’s operations. Before joining the VEON at eBay. She brings her experience in digital Oxford University and an MBA from Group, Andrew held a number of senior customer, marketing and communication skills Manchester Business School. positions, including CFO of Etisalat Nigeria. to Puma Energy. Deborah holds a BSc (Hons) and PhD from the University of Dundee, UK. PUMA ENERGY ANNUAL REPORT 2020 OUR EXECUTIVE COMMITTEE (i) Audit Committee (ii) Ethics and Compliance Committee (iii) Finance