Talos Energy Inc. announced that the two representatives of Apollo Global Management ("Apollo") and one of the two representatives of Riverstone Holdings ("Riverstone") have resigned from the Company's Board of Directors. Olivia C. Wassenaar and Christine Hommes, the representatives of Apollo, resigned on December 8, 2021, effective immediately. Apollo therefore no longer has any representatives on the Talos Board of Directors. Rajen Mahagaokar, a representative of Riverstone, resigned on December 9, 2021, effective immediately. Robert M. Tichio continues to serve as a representative of Riverstone on the Company's Board of Directors. Following these changes, private equity employees account for one of seven current Board members. These resignations are not due to any issues or concerns specific to Talos. Apollo's Board members are resigning as a result of Apollo funds' reduced ownership after recent share sales from long-dated funds holding their Talos shares.