Petra Energy Berhad announced Cessation of ENCIK ABDUL RAHIM BIN ABDUL HAMID as Independent and Non Executive Chairman of Remuneration Committee. Composition of Remuneration Committee(Name and Directorate of members after change): The composition of the Remuneration Committee of the Company is as follows: Mr. Gian Carlo Maccagno - Member/Non-Independent Non-Executive Director. Madam Ng Ing Peng - Member/Independent Non-Executive Director.

Date of change: 25 May 2023. Age: 72. Gender: Male.

Nationality: Malaysia.