Savannah Energy PLC announced the appointment of a new Group Chief Financial Officer and several Board changes that are anticipated to take effect over the coming months. Nick Beattie, current interim Group Chief Financial Officer ("CFO") of Savannah Energy, has been confirmed as the Group's permanent CFO and has been appointed to the Board of Directors effective 6 June 2022. Steve Jenkins has agreed with the Company's Board that he will step down from his role as Non-Executive Chairman at or prior to the 2023 Annual General Meeting ("AGM") but will continue to serve as a Non-Executive Director.

The search for a Chair-Designate has commenced and it is expected that an appointment will be made during H2 2022.  Savannah would like to take this opportunity to thank Steve for his strong leadership of the Board from Savannah's initial listing to the current day, and is grateful that his experience will be retained in his continuing role as a Non-Executive Director. Nick joined the Group in April 2019 as Group Treasurer and was appointed Interim Group CFO and Company Secretary in August 2021.

During his time at Savannah, Nick has been actively involved in all finance and business development activities for the Group. Nick has an extensive background in financing energy companies, including seven years with BNP Paribas where he was a Managing Director in the Upstream Oil and Gas team in London, responsible for leading the bank relationships with UK-focused independent E&P companies. Nick is a Fellow of the Chartered Banker Institute and a Member of the Chartered Institute for Securities and Investment.