Nostrum Oil & Gas : Board Changes

Board Changes

Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or the "Company" and together with its subsidiaries, the "Group"), an independent mixed-asset energy company with world-class gas processing facilities and export hub in north-west Kazakhstan, today announces the resignation of Mr Chris Cox from the Board of Directors of the Company effective 31 May 2024. Mr Cox is leaving the Nostrum Board due to increased professional commitments following his appointment as the Chief Executive Officer of Serica Energy plc effective 1 July 2024.

The Board takes this opportunity to express its appreciation for the commitment and invaluable contributions made by Mr Cox during his tenure on the Nostrum Board and wishes him the very best in his future endeavours.

As a consequence of Mr Cox's resignation, AGM Resolution 5 "To reappoint Mr Cox as a director of the Company" will be withdrawn from the resolutions to be put to the Company's AGM on 5 June 2024.

The Company will commence a search for an additional independent non-executive director to be appointed to the Board, taking into consideration Nostrum's Board diversity goals, and will make any further Board announcements as appropriate.

LEI: 2138007VWEP4MM3J8B29

Further information

For further information please visit www.nostrumoilandgas.com

Further enquiries

Nostrum Oil & Gas PLC

Petro Mychalkiw

Chief Financial Officer

[e-mail]

Instinctif Partners - UK

Guy Scarborough

Vivian Lai

+ 44 (0) 207 457 2020

[e-mail]

About Nostrum Oil & Gas

Nostrum Oil & Gas PLC is an independent oil and gas company currently engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin. Its shares are listed on the London Stock Exchange (ticker symbol: NOG). The producing asset of Nostrum Oil & Gas PLC is the Chinarevskoye field, which is operated by Zhaikmunai LLP, a wholly-owned subsidiary of Nostrum Oil & Gas PLC and the sole holder of the subsoil use rights with respect to the development of the field.

Forward-Looking Statements

Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Company or its officers with respect to various matters. When used in this document, the words "expects", "believes", "anticipates", "plans", "may", "will", "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises nor guarantees and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements.

No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by the relevant listing rules and applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.

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