Brooge Energy Ltd. announced the appointment of Alexander Lawson and Guy Wall to the Board of Directors, effective December 14, 2023. Dr. Yousef Al Assaf has resigned as Chairman and Director of the Board of Directors effective December 11, 2023. Alexander Lawson and Guy Wall are the joint official liquidators of BPGIC Holdings Limited ("BPGICHL"), the owner of approximately 85.6% of the Company?s share capital.

BPGICHL was placed into official liquidation on November 20, 2023 pursuant to an order by the Grand Court of the Cayman Islands. Messrs. Lawson and Wall have been appointed to the Board of Directors as result of a request by BPGICHL to the Company and in accordance with the Company?s Memorandum and Articles of Association.

Alex Lawson is a Managing Director and the Head of Alvarez & Marsal Cayman Islands Limited (?A&M?) and is a qualified Cayman Islands Insolvency Practitioner. Mr. Lawson also worked at KPMG in the Cayman Islands for ten years and was a Partner in the Restructuring Practice. Mr. Lawson earned bachelor?s degrees in both commerce and law from the University of Queensland and is an Insolvency Practitioner in the Cayman Islands and Chartered Accountant (Australia & New Zealand).

Guy Wall is the Managing Director with Alvarez & Marsal Middle East Limited?s Restructuring practice in Dubai. Mr. Wall earned a bachelor?s degree in accounting and finance from Charles Sturt University in Australia. He is a member of CPA Australia and is a Registered Liquidator in the Dubai International Financial Centre and the Abu Dhabi Global Market.