Corcel Plc also confirms Mr. Scott Gilbert's appointment as permanent Chief Executive Officer, having previously been appointed as interim Chief Executive Officer, as announced on 25 April 2024. Mr. Gilbert will also be joining the Board as executive Director as soon as the regulatory checks are concluded. The Board of the Company will therefore consist of: Executive Directors (upon completion of Mr. Gilbert's regulatory checks): Mr. Scott Gilbert (Chief Executive Officer); Ms. Geraldine Geraldo (Chief Commercial Officer and MD Angola).

Non-Executive Directors: Mr. Andrew Fairclough (interim independent non-executive Chairman); Mr. Pradeep Kabra (independent non-executive Director); Mr. Antoine Karam and Mr. Yan Zhao (non-executive Directors).