Tethys Oil

Pre-Annual General Meeting Information • Nov 16, 2021

Press Release 16 November 2021 15:00:00 CET

Tethys Oil's Nomination Committee for the AGM 2022

In accordance with the resolution at the Annual General Meeting (AGM) in Tethys Oil on 19 May 2021, a nomination committee has been formed. Tethys Oil's nomination committee for the AGM 2022 consists of the following members:

Viktor Modigh, representing Magnus Nordin Mikael Petersson, representing Lansdowne Partners Austria GmbH Jan Risberg, representing himself Per Seime, chairman of the board Tethys Oil AB

The tasks of the nomination committee shall be to prepare for the AGM 2022 proposals in respect of:

• number of directors of the board •
• remuneration to the chairman of the board of directors, the other directors of the board and the auditors respectively •
• remuneration, if any, for committee work •
• the composition of the board of directors •
• the chairman of the board of directors •
• resolution regarding the process of the nomination committee 2023 •
• chairman at the annual general meeting •
• election of auditors •

Shareholders who wish to present a motion to the nomination committee can do so to the chairman of the nomination committee: nomcom@tethysoil.com or by letter to Tethys Oil AB, Nomination Committee, Hovslagargatan 5B, SE-111 48 Stockholm.

The AGM 2022 is planned to be held in Stockholm, Sweden, on 18 May 2022 at 15.00 CEST.

For further information, please contact

Magnus Nordin, Managing Director, phone +46 8 505 947 00 Petter Hjertstedt, CFO, phone: +46 8 505 947 00

Tethys Oil AB (publ)

Tethys Oil is a Swedish oil company with focus on onshore areas with known oil discoveries. The company's core area is the Sultanate of Oman, where it holds interests in Blocks 3&4, Block 49, Block 56 and Block 58. Tethys Oil has net working interest 2P reserves of 26.9 mmbo and net working interest 2C Contingent Resources of 13.9 mmbo and had an average oil production of 11,336 barrels per day from Blocks 3&4 during 2020. The company's shares are listed on Nasdaq Stockholm (TETY). Website: www.tethysoil.com

Attachments

Tethys Oil's Nomination Committee for the AGM 2022