ASX Announcement

Resignation of Director - Dr Bakheet Al Katheeri

24 June 2021

ASX: OSH | PNGX: OSH | ADR: OISHY

The Board of Oil Search advises that Dr Bakheet Al Katheeri has stepped down from the Oil Search Board and relevant Board Committees, effective immediately.

Dr Al Katheeri was appointed as a Non-Executive Director on 26 March 2018. He also served as the Chair of the Project and Technology Committee and was a member of the Sustainability Committee and the People and Nominations Committee.

Oil Search Chairman, Rick Lee, said:

"Dr Al Katheeri's wisdom and counsel has been greatly appreciated over the last three years. His extensive and diverse executive experience in the international oil and gas market has provided the Board and the Company with valuable insights and guidance. On behalf of the Board I would like to thank him for his outstanding contribution to the Board and to Oil Search and wish him well with his future endeavours."

Contacts:

Investors

Media

Peter Laliberte

Matthew Park

VP, Investor Relations

VP, Communications and Media

+61 429 414 053

+61 400 539 302

peter.laliberte@oilsearch.com

matthew.park@oilsearch.com

This ASX announcement was authorised for release by Chairman, Rick Lee.

About Oil Search

Established in January 1929, Oil Search has grown into PNG's largest single investor and most active explorer, operating all the country's producing oil fields and holding an extensive appraisal and exploration portfolio. Its 29 per cent interest in the ExxonMobil -operated PNG LNG Project has transformed Oil Search into a regionally significant oil and gas producer. The Company also holds material interests in the Elk - Antelope and P'nyang gas fields and is undertaking a range of activities to support further LNG expansion in PNG. Oil Search also holds world class oil assets in Alaska's prolific North Slope. Oil Search is listed on the A ustralian (OSH) and PNG (OSH) security exchanges and its ADRs trade on the US Over the Counter market (OISHY). For more information, please visit oilsearch.com.

Oil Search Limited

Australian Office

oilsearch.com

1

Incorporated in Papua New Guinea

1 Bligh Street, Sydney NSW 2000, Australia

P.

+61 2 8207 8400

ARBN 055 079 868

GPO Box 2442, Sydney NSW 2001, Australia

F.

+61 2 8207 8500

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Oil Search Limited published this content on 24 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2021 05:50:01 UTC.