Vivo Energy appoints Stan Mittelman as CEO-Designate

– UK, London –  Vivo Energy plc (LON: VVO), the pan-African retailer and marketer of Shell and Engen-branded fuels and lubricants, today announced the appointment of Stan Mittelman as CEO-Designate, to succeed Christian Chammas who will retire in 2022.

“We are delighted to welcome Stan to lead Vivo Energy during its next stage of growth. He has a strong track record in developing businesses and driving growth, and this ─ along with his genuine passion and understanding of Africa ─ make him ideally suited to the role.” said Board Chairman, John Daly.

Stan will join the Company in early 2022, once he has completed his notice period with his current employer and secured a work permit. After an initial transition period, we expect Stan to be appointed a Director of the Company and become CEO in March 2022.

About Stan Mittelman

Stan Mittelman brings over 30 years of downstream energy experience to Vivo Energy and has spent a substantial part of his career operating on the African continent. Since 2016, he has been SVP Africa, TotalEnergies Marketing & Services, where he led the fuel retailing and marketing business across 40 countries in Africa. Before this, he held a range of senior positions at TotalEnergies, including CEO of Total Marketing France, and several African-focused roles, including EVP West Africa for Total Marketing Services and MD Total Zimbabwe.

Stan Mittelman said, “Vivo Energy is an exciting, fast-paced, and entrepreneurial business and I am delighted that the Board has put its trust in me to take the Company forward. Having spent much of my career in Africa, I know first-hand the vast opportunity that exists on the continent and I look forward to working with my new colleagues to continue Vivo Energy’s growth story in the coming years.”

About Vivo Energy

Vivo Energy operates and markets its products in countries across North, West, East, and Southern Africa. The Group has a network of over 2,400 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to several other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants, and other non-fuel services. It provides fuels, lubricants, and liquefied petroleum gas and solar energy solutions to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers, and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic meters of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages, and supplies Shell-branded lubricants.

Vivo Energy plc has a primary listing on the London Stock Exchange, and is a member of the FTSE 250 index, with a secondary inward listing on the Johannesburg Stock Exchange.

For more information: https://www.vivoenergy.com

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