REG - Woodside Energy Grp. - Director Appointment and Changes to Committees

Woodside EnergyAnnouncement

24/01/2024 07:00

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RNS Number : 6891A  Woodside Energy Group Ltd  24 January 2024

Woodside Energy Group Ltd

ACN 004 898 962

Mia Yellagonga

11 Mount Street

Perth WA 6000

Australia

T +61 8 9348 4000

www.woodside.com

 

ASX: WDS

NYSE: WDS

LSE: WDS

 

Announcement

 

Wednesday, 24 January 2024

 

APPOINTMENT OF DIRECTOR WITH NEW ENERGY AND DECARBONISATION EXPERTISE AND
CHANGES TO COMMITTEE MEMBERSHIP

 

Woodside Board and Committee renewal

 

Woodside announces changes to the membership of its Board of Directors, as
part of its continuous review of Board skills and composition. These changes
are intended to enhance Woodside's Board and Committees so that they are best
placed to support Woodside's global operations and strategic growth
opportunities through the energy transition.

 

Appointment of Mr Ashok Belani

 

The Woodside Board is pleased to announce the appointment of Mr Ashok Belani
as a non-executive Director, effective 29 January 2024.

 

"As part of our ongoing Board renewal, it is important that our next
non-executive Director appointment has extensive expertise in new energy and
petroleum sector decarbonisation. After a global search, it is a pleasure to
welcome Ashok to the Board of Woodside," Woodside Chair, Mr Richard Goyder
said.

 

"Ashok adds new energy, technology and innovation expertise to our Board. He
brings a deep technological background to the Board's oversight of energy
transition and climate strategy, alongside an understanding of policy settings
designed to drive decarbonisation in the energy sector. He has an accomplished
record in leading decarbonisation technology at SLB (formerly Schlumberger)
which will be of substantial benefit to Woodside in its strategy to thrive
through the energy transition."

 

Mr Belani holds a Master of Science in Petroleum Engineering from Stanford
University and a Bachelor of Technologies in Electrical and Electronics from
the Indian Institute of Technology, New Delhi.

 

During his 43-year tenure at SLB, a global technology company, Mr Belani held
several roles including President Reservoir Characterization, Executive Vice
President Technology and most recently, Executive Vice President New Energy
where he was responsible for deploying differentiated technologies and
practices to decarbonise exploration and production operations, and the
development of new avenues of growth in emerging markets with carbon-neutral
technologies. He remains a Strategic Advisor to SLB.

 

Mr Belani currently serves on the boards of Malaysia-based Gentari Sdn. Bhd.,
US-based Enervenue, Inc. and India based AMGreen Group. Mr Belani is also a
member of the Board of AStar, the agency for science and technology for the
Government of Singapore.

 

Mr Belani joins Woodside as an independent non-executive Director and member
of the Audit & Risk, the Sustainability and the Nominations &
Governance Committees.

 

Mr Belani will stand for election as a non-executive Director at the Annual
General Meeting in April 2024.

 

Anticipated retirement of Mr Frank Cooper and Mr Gene Tilbrook from the
Woodside Board

 

Two of Woodside's long-serving directors, Mr Frank Cooper, AO and Mr Gene
Tilbrook, are anticipated to retire from the Woodside Board at or before the
Annual General Meeting in April 2024.

 

Mr Cooper, AO joined the Woodside Board in February 2013 and was Chair of the
Audit & Risk Committee throughout his tenure.

 

Mr Tilbrook has served nine years on the Woodside Board and was Chair of the
Human Resources & Compensation Committee from 2019 to 2023.

 

Committee changes

 

Mr Arnaud Breuillac replaced Mr Gene Tilbrook as Chair of Woodside's Human
Resources & Compensation Committee, effective 7 December 2023. Mr Tilbrook
remains a member of the Human Resources & Compensation Committee.

 

Mr Ben Wyatt joined as a member of Woodside's Audit & Risk Committee and
ceased as a member of the Sustainability Committee, effective 7 December 2023.

 

 

 

 Contacts:

 INVESTORS                       MEDIA

 Marcela Louzada                 Christine Forster

 M: +61 456 994 243              M: +61 484 112 469

 E: investor@woodside.com        E: christine.forster@woodside.com

 

This announcement was approved and authorised for release by Woodside's
Disclosure Committee.

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