BLUE ENERGY LIMITED. — Board/Management Information 2021

Feb 15, 2021

ASX ANNOUNCEMENT

16 February 2021

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Appointment of Independent Director

The Board of Blue Energy Limited (ASX:BLU or Company) is pleased to announce that it has appointed Mr Mark Hayward an Independent Non-Executive Director to the Board, effective 16 February 2021.

Mark comes to the Board following a long and distinguished career with Ernst and Young (EY) where he held various Australian and International roles as a senior executive and audit partner, with particular experience acting as auditor for large clients in the domestic and international energy sector. In these roles, Mark also gained extensive expertise in advising Boards on governance, strategy, accountability, financial, sustainability and risk management issues.

In addition to Mark joining the full Board, he will be a member of the Board’s Risk and Audit Committee, where he replaces the role performed by former Director Ms Karen Johnson.

Mark’s reputation in the audit and wider business community is one of considerable respect for his skills, experience and ability in guiding Boards and their executive teams through frank advice in the areas of financial management, regulatory compliance, audit, strategy and rigorous and effective financial control. Mark further strengthens the Blue Energy Board in these areas as the company grows from pure explorer to east coast domestic gas supplier.

The Board welcomes Mark to Blue Energy and looks forward to his valued contribution to the functioning and decision making of the Board.

By Authority of Board per:

John Ellice-Flint Executive Chairman Blue Energy Limited

e info@blueenergy.com.au ABN 14 054 800 378 w www.blueenergy.com.au