The Board of Directors of Basic Energy Corporation, in its regular board meeting held on June 24, 2021, at which a quorum was present, unanimously approved the revised board committees membership as follows: Audit Committee: Reynaldo D. Gamboa-Chairman -Independent Director, Kim S. Jacinto-Henares- Independent Director, Andres B. Reyes, Jr.-Independent Director, Ma. Rosette Geraldine L. Oquias, Jaime J. Martirez, Risk Committee: Kim S. Jacinto-Henares- (Chairman)-Independent Director, Andres B. Reyes, Jr.- Independent Director, Reynaldo D. Gamboa-Independent Director, Manuel Z. Gonzalez, Supasit Pokinjaruras, Nominating Committee: Oscar C. De Venecia ­(Chairman), Oscar L. De Venecia, Jr., Jaime J. Martirez, Kim S. Jacinto-Henares-Independent Director, Manuel Z. Gonzalez, Corporate Governance Committee, Andres B. Reyes, Jr. -Chairman-Independent Director, Kim S. Jacinto-Henares-Independent Director, Beatrice Jane L. Ang, Manuel Z. Gonzalez, Compensation and Renumeration Committee: Ramon L. Mapa (Chairman)- Independent Director, Reynaldo D. Gamboa.-Independent Director, Ma. Rosette Geraldine L. Oquias, Andres B. Reyes, Jr., Supasit Pokinjaruras.