Karoon Gas Australia Ltd. announced the appointment of Ms. Luciana Bastos de Freitas Rachid as an Independent Non-Executive Director of the company, effective immediately. Ms. Rachid has over 35 years' experience in the oil and gas industry in both technical and senior leadership roles in Brazil, including 20 years in the Exploration and Production Division of Petrobras. During this time she worked in senior leadership roles, starting as a process engineer and completing her time within in the commercial management team and serving as CEO of gas transportation subsidiaries. Ms. Rachid also has a number of years' experience serving as the Petrobras representative on Boards in Brazil, including as a Chair and as a Director. Ms. Rachid's technical experience covers a variety of project evaluation, development and management roles; she also held positions in the Petrobras financial team including Executive Manager of Investor Relations, Financial Planning and Risk Management, and in the Gas & Energy Division as Executive Manager of Corporate Affairs and General Manager of Marketing and Trading. Ms. Rachid will join the Nomination and Risk & Governance committees.