Petrolia SE announced that there are two members of the Audit Committee: George Hadjineophytou- Non-Executive Director- Chairman and Sjur Storaas- Non-Executive Director. Mr. George Hadjineophytou is appointed Chairperson by the Board of Directors. Mr. Hadjineophytou has an extensive experience of over 25 years in the finance industry and over 14 years of audit committee experience. Mr. Hadjineophytou has been engaged with public companies since 2005. Specifically, he worked with a public listed exploration and mining company. Furthermore, he has specific Corporate Governance and Company Secretarial experience having served as a Chairman of a number of committees of ICPAC, including Corporate Governance, Risk and Internal Audit committees. Mr. Storaas has an MSc in Naval Architecture &Marine Engineer and also a 2-years economic education. He has an extensive experience of over 35 years in the industry during which he held numerous directorships and has been a member of the audit committee of the Company for Several years.