PDVSA Petróleos de Venezuela : Two new members appointed to PDVSA Board of Directors

Caracas.- Petróleos de Venezuela, S.A.(PDVSA) announces the appointment of two new members to the Board of Directors of the Company, by decree N° 2183 of the Constitutional President of the Bolivarian Republic of Venezuela Nicolás Maduro, published in Official Gazette N° 40826 of January 12, 2016, in accordance with the existing legal framework.

Citizen Ana María España Girardi joins the board as Vice President of Finance and Internal Director, and Sergio Antonio Tovar Amaro joins as Internal Director of Planning.

People's Minister of Petroleum and Mining Eulogio Antonio Del Pino Díaz was ratified as President of the Company. Also ratified were Vice President of Exploration and Production Orlando Enrique Chacín, Vice President of Refining, Trade and Supply Jesús Enrique Luongo; Vice President of International Affairs and Internal Director Delcy Eloína Rodríguez Gómez, Internal Director Aracelis Coromoto Suez de Vallejo, Internal Director Antón Rafael Castillo, as well as External Directors Rodolfo Clemente Marco Torres, Wills Rangel, and Ricardo Menéndez Prieto.

The new members of the Board of Directors are committed to PDVSA, and support state guidelines and policies brought forward by President Nicolás Maduro to strengthen the Full Oil Sovereignty policy, the construction of socialism and defense of the revolution.