Challenger Energy Group PLC announced the announcement of Eytan Uliel and Stephen Bizzell to the Company's board of directors (the "Board"), with immediate effect. Mr. Eytan Uliel, the Company's Chief Executive Officer designate, has now formally been appointed as Chief Executive Officer of the Company. Following Eytan's appointment, Simon Potter, the Company's previous Chief Executive Officer since 2011, has stepped down from this role but will remain with the Company as a Non-Executive Director, with a remit to provide ongoing transitional support to the Company's executive team. Mr. Stephen Bizzell has been appointed to the Board as a Non-Executive Director. Subsequent to the appointment of Stephen Bizzell, Mr. Ross McDonald, Non-Executive Director of the Board, has stepped down from his role. As previously advised, the appointment of Mr. Robert Riley to the Board as non-executive director will take effect at such time as customary onboarding processes for new directors are completed, and a further announcement will be made at that time. As previously advised, the Company will also consider the potential for the appointment of additional Non-Executive Directors in the future, as may be deemed appropriate. Mr. Eytan Michael Uliel - Current Directorships: BPC Managements Services Ltd; BPC Goudron Trinidad Ltd; BPC Icacos Trinidad Ltd; BPC South Erin Trinidad Ltd; Cory Moruga Holdings Ltd; Steeldrum Petroleum Group Ltd; BPC Inniss-Trinity Trinidad Ltd; T-Rex Resources Trinidad Ltd; BPC Bonasse Trinidad Ltd; Uliel Investments Pte Ltd; Hameitar Pty Ltd; Kinneret Pty Ltd; Knock n Lock Ltd; Man Mission Nominees Pty Ltd; Mitchells Holdings (Asia) Pte Ltd; Mitchells Worldwide Marketing Pte Ltd; Alceon Funds Management Pty Ltd; Alceon Australian Real Estate Corporate Senior Loan Master Fund; Alceon Real Estate Corporate Senior Loan Master Fund; Armour Energy Limited; Armour Energy (Victoria) Pty Ltd; Armour Energy (Surat Basin) Pty Ltd; Armour Energy International Pty Ltd; Armour Energy (Qld) Pty Ltd; and Ripple Resources Pty Ltd. Mr. Stephen Grant Bizzell- Current Directorships: Armour Energy Limited; A.C.N. 601 276 886 Pty Ltd; Agate Creek Holdings Pty Ltd; Armour Energy (Victoria) Pty Ltd; Armour Energy (Surat Basin) Pty Limited; Armour Energy (Qld) Pty Ltd; Armour Energy International Pty Ltd; BBW Funds Pty Ltd; BCP Alpha Investments Pty Ltd; BCP Alpha Management Pty Ltd; BCP Equities Pty Ltd; Bizzell Asset Management Pty Ltd; Bizzell Capital Partners Pty Ltd; Bizzell Nominees Pty Ltd; Centec Securities Pty Ltd; E-1 Nominees Pty Ltd; Enthalpy Pty Ltd; International Justice Fund Pty Ltd; Laneway Resources Limited; Maas Group Holdings Limited; Pine Mountain Pty Ltd; Renascor Resources Limited; Renison Coal Pty Ltd; Strike Energy Limited; and Wavebreak Ventures Pty Ltd.