Infigen announced the renewal of the boards of Infigen Energy Limited and Infigen Energy RE Limited as responsible entity of Infigen Energy Trust (together, `the Board'). The change in composition of the Board occurs within the context of the friendly off-market takeover offer for Infigen by Iberdrola Renewables Australia Pty Limited (Iberdrola) at 92 cents per Infigen Stapled Security (the Iberdrola Offer). From August 21, 2020, the Board will be comprised of seven directors including Independent Chairman, Len Gill, Independent Director, Emma Stein, Managing Director, Ross Rolfe, and the four appointees of Iberdrola: Mr. David José Mesonero Molina, Mr. Sergio Hernández de Deza, Ms0 Regina Reyes Gallur and Mr. Felipe Castresana. Mr. David Jose Mesonero Molina is Deputy Director of Corporate Development at Iberdrola S.A. Mr. Hernández de Deza is Head of International Business Development at Iberdrola and Iberdrola Renovables Internacional, CEO. Ms. Regina Reyes Gallur is Head of the Legal Department at Iberdrola Energía Internacional S.A.U. Mr. Felipe Castesana is Head of Global Investment Control at Iberdrola Renewables.