REG - Tullow Oil PLC Tullow Oil PLC - FP Tullow Oil PLC - NP - Board Update

Tullow OilAnnouncement

16/12/2021 07:00

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RNS Number : 7918V  Tullow Oil PLC  16 December 2021

TULLOW OIL PLC

Board update

16 December 2021 - In accordance with Rule 9.6.11R of the Listing Rules of
the UKLA and the Listing Rules of the Irish Stock Exchange, the Company
announces that Dorothy Thompson, CBE, will step down and retire as Chair of
the Board on 31 December 2021 and Phuthuma Nhleko will be appointed Chair of
the Board, effective 1 January 2022. The Company previously announced on 25
October 2021 that Phuthuma Nhleko would take over as Chairman following a
suitable handover period.

In accordance with the provisions of the 2018 UK Corporate Governance Code,
following the AGM on 16 June 2021, the Company announced that 25.30% of votes
were cast against Resolution 7 to reappoint Dorothy Thompson, CBE, as a
non-executive director of the Board. Although the resolution was passed, our
CEO and Senior Independent Director engaged with our major shareholders who
voted against the resolution and incorporated their feedback into the search
for our new Chair.

 

 CONTACTS
 Tullow Oil plc              Murrays

 (London)                    (Dublin)

 (+44 20 3249 9000)          (+353 1 498 0300)

 Nicola Rogers (Investors)   Pat Walsh

 Matthew Evans (Investors)   Joe Heron

 George Cazenove (Media)

 
Notes to editors

Tullow is an independent oil & gas, exploration and production group which
is quoted on the London, Irish and Ghanaian stock exchanges (symbol: TLW) and
is a constituent of the FTSE250 index. The Group has interests in over 40
exploration and production licences across 10 countries including Ghana where
it operates the Jubilee and TEN fields. In March 2021, Tullow committed to
becoming Net Zero on its Scope 1 and 2 emissions by 2030.

For further information, please refer to our website at www.tullowoil.com
(http://www.tullowoil.com)

Follow Tullow on:

Twitter: www.twitter.com/TullowOilplc (http://www.twitter.com/TullowOilplc)

YouTube: www.youtube.com/TullowOilplc (http://www.youtube.com/TullowOilplc)

Facebook: www.facebook.com/TullowOilplc (http://www.facebook.com/TullowOilplc)

LinkedIn: www.linkedin.com/company/Tullow-Oil
(http://www.linkedin.com/company/Tullow-Oil)

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