Parex Resources Inc. announced that Following a successful 35-year career, Ken Pinsky, Chief Financial Officer and Corporate Secretary, is electing to retire effective November 30, 2023. The Company has begun the process for selecting its next Chief Financial Officer and Mr. Pinsky will continue in his role to support the Company during a transition period until his retirement date. Mr. Pinsky joined Petro Andina, Parex's predecessor, in 2008 as Vice President, Finance and Chief Financial Officer, and has been the Chief Financial Officer of Parex since its inception.

In that capacity, he has led the financial efforts to grow the Company to its current status as the largest independent oil and gas producer in Colombia.