Date: 30.04.2021.

Kuala Lumpur, 30 April 2021

Sapura Energy Berhad ('Sapura Energy' or 'the Group') is pleased to announce the appointments of Datuk Iain Lo and Bernard di Tullio to its Board of Directors, effective 1 May, 2021.

Datuk Ian will join the board of the global integrated energy services and solutions provider, as an independent and non-executive director, while Mr di Tullio joins as non-independent non-executive director.

Datuk Iain, who recently retired as Chairman of Shell Malaysia, is a proven leader with more than 30 years of extensive experience in Shell's exploration and production, gas and downstream businesses both in Malaysia and abroad.

He joined Sarawak Shell Berhad as a Field Engineer in 1990 before moving on to various engineering, economics and corporate roles based in Malaysia, The Hague and Singapore. His areas of responsibility have included LNG and Chemical joint ventures in Malaysia, Middle East, China and Russia.

Datuk Iain was appointed a board member to the Singapore Economic Development Board from 2009 to 2012. He holds both a Bachelor of Science and Master of Science in Civil Engineering, from University of California, Los Angeles (UCLA).

Mr. Bernard di Tullio was President and Chief Operating Officer of Technip Group Worldwide, from 2005 to 2011, where he was responsible for all its global operations, including commercial activities, project acquisitions, project implementation, fleet management as well as factories management.

Mr di Tullio's career in Technip spanned 39 years, including nearly 25 years in Malaysia where he built the business into a major organization in Kuala Lumpur, bringing investments through Technip Geoproduction Malaysia Sdn Bhd, Asiaflex Products Sdn Bhd and Malaysia Marine and Heavy Engineering Berhad (MHB).

Mr di Tullio graduated with a Master's Degree from the Ecole Spècial de Mècanique d'Èletricitè ('ESME') Paris as a Graduate Engineer in Mechanical/Electrical in 1974 and DESS (post-graduate degree) in Management from the Institut d' Administration des Enterprise Paris in 1978.

Sapura Energy also announced the appointment of Datuk Mohd Anuar Taib as executive director, by virtue of his role as Group Chief Executive Officer. The appointment is effective 1 May, 2021.

Datuk Anuar joined Sapura Energy as an independent director in August 2020 before he was named Chief Operating Officer and CEO Designate in October 2020. He took over the helm of the Group on 23 March 2021, following the retirement of Sapura Energy founder Tan Sri Shahril Shamsuddin.

Datuk Anuar was formerly the Chairman of Shell Companies in Malaysia and PETRONAS Executive Vice President and CEO, Upstream. Datuk Anuar began his oil and gas career with Sarawak Shell Berhad in 1990, after completing his Bachelor's of Science in Engineering (Mechanical) from Case Western Reserve University, in the United States. Datuk Anuar also holds a Master's of Business Administration Degree in International Management from the RMIT University, Australia.

Cautionary note: 'Sapura Energy', 'the group' and 'the company' are used for convenience where references are made to Sapura Energy Berhad in general. Similarly, words like 'we', 'us' and 'our' are used to refer to Sapura Energy Berhad in general or to those who work for the company and its subsidiaries, where relevant. This press release may contain forward-looking statements. All statements other than statements of historical facts included in this press release, including, without limitation, those regarding our financial position, financial estimates, business strategies, prospects, plans and objectives for future operations, are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we will operate in the future. Such forward-looking statements reflect our current view with respect to future events and are not a guarantee of future performance. Forward-looking statements can be identified by the use of forward-looking terminology such as the words 'may', 'will', 'would', 'could', 'believe', 'expect', 'anticipate', 'intend', 'estimate', 'aim', 'plan', 'forecast' or similar expressions and include all statements that are not historical facts.

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Sapura Energy Berhad published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 May 2021 02:46:00 UTC.