HYTERRA LTD — Board/Management Information 2017

Jul 18, 2017

==> picture [109 x 114] intentionally omitted <==

ASX ANNOUNCEMENT

19 July 2017 by e-lodgement

Director Appointments and Resignations

The Directors of Triple Energy Limited (ASX: TNP , Triple or Company ) advise that Mr Murray d’Almeida and Mr Chris Berkefeld have been appointed to the Board as non-executive Directors.

Concurrent with the appointments, Mr Paul Underwood and Mr Garry Ralston have resigned as Directors. Mr Underwood has served as a Director since early 2012, was Triple’s Executive Chairman until December 2014 and its Chief Executive Officer up until his resignation in December 2016. Mr Ralston has served as an independent non-executive Director since 2010.

Beijing Gas Blue Sky Power and Triple Chairman Mr Tommy Cheng said “We welcome Mr d’Almeida and Mr Berkefeld to the Board and look forward to working closely together to the benefit of all Triple shareholders. We thank Mr Underwood and Mr Ralston for their service to the Company and wish them well. Mr Underwood in particular has been instrumental in the Company’s strategic direction during his time with Triple including its initial acquisition of the Aolong project, drilling of the first project wells and negotiation of BG Blue Sky’s substantial investment in the Company and its projects”

Background on new Directors:

Murray d’Almeida

Mr d’Almeida has over 35 years of diverse national and international business experience. He commenced his career in Perth with a firm of Chartered Accountants before moving into a broad range of commercial and financial reporting positions with two major USA based mining companies. He founded the Australian and international retailer Retail Food Group, and developed their presence in seven overseas countries. He has maintained operating and board positions within a range of financial services, mining, commercial academic, government, sporting businesses and organisations.

Mr d’Almeida is currently chairman of BPS Technology Limited, chairman of Barrack Street Investments Limited and a director of Global Masters Limited.

Chris Berkefeld

Mr Berkefeld has over 20 years’ experience on public and private company boards in New Zealand and Australia. His background is in industrial, waste and mining services in Australia along with engineering and heavy transportation services in Europe and Asia. He was with services company Brambles for 25 years and ran the waste management and industrial services businesses upon their sale to a private equity group in 2006.

Mr Berkefeld is currently a non-executive director of Tellus Holdings Ltd and Hiway Group Limited.

Triple Energy Ltd ACN 116 829 675 Unit 24, 589 Stirling Highway, Cottesloe WA 6011 Web www.tripleenergy.net