Serinus Energy PLC — AGM Information 2019

May 16, 2019

Current Report No.: 20/2019Date: 2019-05-16Issuer'strading name: SERINUS ENERGY plc

Title:Appointment of the Directors for the Next Term

Legal basis: Article 56, Section 1, Item 2 Act on Public Offering -current and periodical information

Content:The Management of SERINUS ENERGY plc (the "Company")hereby informs that on 16 May 2019 its annual general meeting ofshareholders ("AGM") adopted resolutions to the effect that thefollowing persons have been re-appointed as the members of the Board ofDirectors of the Company ("Directors"):

1. Łukasz Rędziniak

2. Jeffrey Auld

3. Eleanor Barker

4. James Causgrove

5. Dawid Jakubowicz

6. Tracy Heck

The Directors have been elected to hold such office until the nextannual meeting of shareholders or until their successors are dulyelected or appointed.

Two of the Company's six directors, being Mr. Causgrove and Mrs. Barker,are independent. The Board has concluded that Mr. Auld (CEO) and Ms.Heck (CFO) as Executive Directors of the Company, and Mr. Rędziniak andMr. Jakubowicz as executive officers of Kulczyk Investments S.A. (whichowns approximately 38.09% of the issued and outstanding Shares of theCorporation) are not independent. The number of independent Directors(2) is below the number of non-independent Directors (4). To facilitatethe exercise of independent judgment in carrying out itsresponsibilities, the Board has ensured that all of its committees arecomprised of independent Directors or, in the case of Mr. Rędziniak'smembership of the Remuneration Committee and the Nomination Committee,that he is independent of Management of the Corporation.

The Company encloses information about the appointed Directors in anattachment to this report pursuant to Art. 10 of the Ordinance of theMinistry of Finance dated 29 March 2018 on current and periodicalinformation [...].