The Board of Directors ("Board") of Petra Energy Berhad announced that the Board has approved the combination of Nomination Committee and Remuneration Committee into a single committee known as Nomination and Remuneration Committee with effect from 1 September 2023. The rationale for the combination of the two (2) Board Committees is to enhance the effectiveness and efficiency of the Board Committees in discharging their duties and responsibilities. The composition of the Nomination and Remuneration Committee is as follows:- Chairperson: Madam Ng Ing Peng (Independent Non-Executive Director).

Members: Tan Sri Datuk Seri Panglima Sulong bin Matjeraie(Independent Non-Executive Director). Mr. Gian Carlo Maccagno (Non-Independent Non-Executive Director). Puan Zuhaida Zukifli (Independent Non-Executive Director).