Prospex Energy PLC announced the appointment of Andrew Hay as an independent Non-Executive Director of the Company with immediate effect. Mr. Hay, a graduate of Oxford University, has more than 30 years of experience as a banker in London and New York. He is currently a Senior Adviser at Smith Square Partners, a leading London corporate finance firm.

Formerly he was Chairman of LGB Corporate Finance and before that built and led the corporate finance business of Edmond de Rothschild in London. He has in depth experience in corporate banking, the debt and equity capital markets and international M&A. Previously, Mr. Hay held senior positions at ING Barings and Schroders, including two years in New York. He led the North American corporate finance and capital markets origination activity of Barings until 1997.

Until May 2017, Mr. Hay was a Non-Executive Director of Aminex plc (senior independent director, audit and remuneration committees), a London and Dublin stock exchange listed oil and gas development and production company focused on East Africa and was a Non-Executive Director of Independent Oil & Gas PLC (senior independent director, chair of audit committee), the AIM quoted company with development interests in the North Sea, until February 2018. Currently Mr. Hay is a Non-Executive Director of the holding company of Lloyd George Advisory, a specialist India and Asia focused emerging market fund management business. Since 2020, Mr. Hay has been the senior Non-Executive Director and chair of audit committee at Great Western Mining Corporation PLC, the AIM quoted mineral exploration and development company with licences and operations in Nevada.