The Board of Directors of Bass Oil Limited announced the appointment of Ms. Laura Reed as Non-Executive Director and Chair of the Audit and Risk Committee from 18 December 2023. Ms. Reed is a highly experienced finance professional with more than 35 years of experience in the energy sector. Ms. Reed is currently Chairman of Spark Infrastructure Group, Non- Executive Director of ATCO Australia and Canadian Utilities Limited.

During her extensive executive career, Ms. Reed held the roles of Chief Financial Officer, Chief Executive Officer and Managing Director at Spark Infrastructure Group and Chief Financial Officer at Envestra Ltd. Ms. Reed is a Fellow of CPA Australia and holds a Bachelor of Business and Master of Business Administration. The company also announced that Bass Chairman, Mr. Peter Mullins has advised that he is to retire on 5 December 2023, after nine years of exemplary service. As a result, Non-Executive Director Hector Gordon will assume the role of Chairman of the Board of Directors on the retirement of Peter Mullins.