Capricorn Energy nominates Patrice Merrin for her election to its Board as Independent Director

– UK, Edinburgh –  Capricorn Energy PLC (LON: CNE), the Egypt-focused oil and gas production company, today announced the nomination of Patrice Merrin for her election to its Board as an Independent Non-Executive Director at the next AGM on 26th June 2023.

“We look forward to working with Patrice as the Company focuses on growing Egypt production, reducing costs and returning excess capital to shareholders. Her decades of experience and expertise will be valued as we run the business in the best interests of all our shareholders,” said Board Chair, Craig van der Laan.

About Patrice E. Merrin

Patrice Merrin has significant experience across the energy, resources, and commodity sectors. Since 2014, she has been an independent Non-Executive Director of Glencore plc, where she chaired the Ethics, Culture and Compliance Committee and is a member of the Health, Safety, Environment, and Communities Committee and the Investigations Committee. Following nine years in post, Ms. Merrin will be retiring from the Board of Glencore at its AGM at the end of May 2023. In addition, Ms. Merrin is an independent Director of Metals Acquisition Corporation, a special-purpose company focused on acquiring assets needed in the broad energy transition. In 2022, Ms. Merrin joined the board of Lancium, Inc., a private energy technology and infrastructure company dedicated to accelerating the energy transition.

Previous roles held by Ms. Merrin include President, CEO, and Director of Luscar Ltd., Canada’s largest thermal coal producer, then owned equally by Sherritt International Corporation and Ontario Teachers’ Pension Plan Board, before which she had been EVP and COO of Sherritt International, a diversified Canadian miner, energy producer, and power generator. In addition, Ms. Merrin was a Director of the Climate Change and Emissions Management Corporation, created to support Alberta’s initiatives on climate change and the reduction of emissions.

Patrice Merrin served on the Board of Perimeter Institute for Theoretical Physics from 2018 to 2021 and is a former co-chair of Perimeter’s Emmy Noether Circle, promoting women in physics. 2016 she was cited as one of the 100 Global Inspirational Women in Mining.

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