Calima Energy : Board Appointment

Jordan Kevol CEO and President E:[e-mail]	Glenn Whiddon Chairman E:[e-mail]	Mark Freeman Finance Director E:[e-mail]
T:+ 1 403 460 0031 T:+ 61 410 612 920 T: + 61 412 692 146

1 April 2022

Calima Energy Board Appointment

Calima Energy Limited ("Calima" or the "Company") (ASX: CE1) is pleased to advise the appointment of Mr Karl Lawrence DeMong as non-executive Director. Karl has over 30 years of international and domestic experience in onshore and offshore oil and gas developments in technical, leadership and executive roles. His skill set focus is upstream oil and gas, across exploration, development and production.

Karl is a Canadian oil and gas engineer based in Calgary. He is an experienced technical advisor in unconventional and conventional fields both domestic (in the Brooks and Thorsby areas) and international. He holds several patents in surface and downhole oil and gas technologies.

Karl will be focused on bringing his substantial well operations management expertise to bear on the Company's work program at Brooks and Thorsby, as well as assisting in the management of Montney assets. Mr. DeMong's prior roles include Apache Corporation (NYSE:APA), QuickSilver Resources Canada, Inc, Quantum Reservoir Impact, Sabretooth Energy and Halliburton Drilling Services. Karl holds a BSc in Mechanical Engineering from University of Saskatchewan. He is an Alberta-registered Professional Engineer and a member of APEGA.

As part of the Board changes Mr Brett Lawrence will step off the board 1 April 2022. The Company is extremely grateful for Brett's contributions and we wish him well in his future endeavors.

Glenn Whiddon, Chairman:

"I am pleased to welcome Karl to the Board of Calima. He has been known to one of our substantial shareholders and comes with strong references. Karl has worked in the Brooks and Thorsby plays in the past and has both strong Canadian skills and international exposure working in Australia, the Middle East and the Caribbean. Karl's recognised technical skillset and personal qualities will be a strong asset to the business going forward and will complement the existing Board."

For further information visitwww.calimaenergy.com or contact:

Calima Energy Ltd ACN 117 227 086

FOLLOW US

Suite 4, 246-250 Railway Parade, West Leederville WA 6007: [phone] Fax: + 61 8 6500 3275 Email:[e-mail]

Calima Assets

Calima Energy Ltd ACN 117 227 086

FOLLOW US

Suite 4, 246-250 Railway Parade, West Leederville WA 6007: [phone] Fax: + 61 8 6500 3275 Email:[e-mail]

Appendix 3X

Initial Director's Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity

ACN

Calima Energy Ltd 117 227 086

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Karl DeMong
Date of appointment	1 April 2022

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

+ See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X

Initial Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number & class of Securities

Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract

Nature of interest

Name of registered holder (if issued securities)

No. and class of securities to which interest relates

+ See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3Z

Final Director's Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity: ABN:

Calima Energy Limited 17 117 227 086

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Brett Lawrence
Date of last notice	30 April 2021
Date that director ceased to be director	1 April 2022

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number and class of Securities:

+ See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 1