With the announcement of Ms Jane Norman commencing on 20 March 2023, Cooper Energy has agreed with Mr David Maxwell that he will remain as Managing Director and CEO until Ms Norman commences and will remain in employment to facilitate a handover until 3 July 2023. Mr Maxwell will remain eligible for his remuneration entitlements including in relation to his short-term and long-term incentives, as previously disclosed

Contact:

Investors and Media

Morgan Wright

T: +61 437 569 711

E: morgan.wright@cooperenergy.com.au

Bindi Gove

Investor Relations

Lead Head of External Affairs

T: +61 406 644 913

E: bindi.gove@cooperenergy.com.au

Cooper Energy Limited (ASX: COE) is an exploration and production company which generates revenue from gas supply to south-east Australia and low-cost Cooper Basin oil production. The company holds a portfolio of gas supply contracts and one of the most extensive portfolios of gas-focused acreage and assets in the south-east Australian energy sector, including well located reserves and resources in the Otway and Gippsland basins. These include the Sole gas field in the Gippsland Basin which recently became the first new offshore gas development in south-east Australia to commence production in several years, the Casino Henry operations in the offshore Otway Basin and undeveloped resources such as Manta and Annie

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