CGX Energy Inc. announced that Veronique Giry, a Frontera nominee to the CGX Board, has stepped down as a director of the Company, effective February 28, 2022, and that Mr. Orlando Cabrales Segovia, CEO and Board Member of Frontera, has been appointed to the CGX Board effective immediately. Mr. Cabrales has over 30 years of experience in the public and private energy sector in Colombia, including serving as President of NATURGAS, the Colombian natural gas trade association, until March 2021, as Vice-Minister of Energy of the Ministry of Mines and Energy in Colombia between 2013 and 2014, and as the President of ANH, the Colombian hydrocarbon agency from 2011 to 2013. Mr. Cabrales previously held senior roles at BP in Latin America. In addition to Frontera, he currently sits on the boards of Isagen and Conconcreto and previously served on the boards of numerous companies in Colombia including Tuscany Drilling, Cenit, and ISA. Mr. Cabrales earned an undergraduate degree in Law from Pontificia Javeriana University and a
Master's degree in Philosophy from Boston College.