Petrolia SE announced at its AGM held on May 28, 2020, the shareholders approved Mr. Berge Gerdt Larsen, Ms. Judith Parry and Mr. Sjur Storaas are all retiring from their position as Directors (members of the Administrative Organ) of the Company and in accordance with the Articles of Association of the Company and the terms of their appointment at the last AGM and they are all eligible for re-election. In the Nomination Committee's recommendation to the Company's Annual General Meeting in 2020, it is noted that Ms. Judith Parry has informed the Nomination Committee that she wishes to step down as member of the Board. Mr. Robert Arnott, Mrs. Tove Kate Larsen and Mr. Andreas Constantinou are elected as members of the Nomination Committee.