The Board of Directors of Geo Energy Resources Limited announced the appointment of Mr. Philip Hendry as the Chief Operating Officer of the Company with effect from 15 February 2023. The Board welcomes back and looks forward to working with Mr. Philip Hendry on the Group's continued success and the expansion of its Indonesian operations and global business. Mr. Philip Hendry was previously the Chief Financial Officer of the Company until he left in January 2020.

Mr. Philip Hendry brings extensive operational leadership experience to the Company. He will be overseeing the commercial and business operations of the Company. Mr. Philip Hendry is currently the Group Chief Financial Officer of a leading Natural Resources company operating in East Africa.

He has spearheaded numerous financial transformations, Mergers & Acquisitions, and successfully overseen statutory and financial management of multiple businesses and projects. He had also worked in major multinational companies including United Parcel Service, Chicago Bridge & Iron, AMEC Foster Wheeler, and Bumi Armada. Mr. Philip Hendry obtained his Bachelor's degree in Finance & Accounting from University of Washington and Masters in Business Administration in Finance & Accounting from Seattle University in Washington, USA.

He has over 20 years of experience in finance and commercial leadership roles working in the United States, Indonesia and Singapore encompassing Oil & Energy, Shipping, Transportation and Logistic industries. the company believe that Mr. Philip Hendry will build upon the strong operational footing that the Group has established in the past years, and with his experience and leadership, the Group will be well prepared to meet the business operational challenges ahead.