Riverstone Energy Limited announced that Richard Horlick has been appointed to the board of directors of the Company as a non-executive director with effect from 26 October 2022. Horlick is joining the Board as Chair elect and will also serve on the Company's Audit Committee, Management Engagement Committee and Nomination Committee. The Board intends that Mr. Horlick will succeed Richard Hayden as Chair of the Board in February 2023.

Hayden will not be submitting himself for re-election at the Company's annual general meeting in 2023 and will retire from the Board at the conclusion of that meeting, along with Peter Barker. Patrick Firth will remain a director to support an orderly transition to his replacement as Chair of the Company's Audit Committee (once appointed), before stepping down from the Board in December 2023. Richard Horlick is a UK resident and has served on a number of closed end fund boards and was previously head of investment and main board director of Schroders Plc and President, Institutional, of Fidelity International and subsequently chairman of the Trust Bank for the Fidelity Mutual funds in the US.He has had a long and distinguished career in investment management since graduating from Cambridge University in 1980 with an MA in Modern History.