Beach Energy appoints Morné Engelbrecht as CEO

SYDNEY, AUSTRALIA: Beach Energy Limited (ASX: BPT) announced the appointment of Mr Morné Engelbrecht as Chief Executive Officer, effective immediately.

Mr Engelbrecht’s appointment follows an extensive international recruitment process led by Beach’s Board of Directors and external advisors.

The search process, coupled with Mr Engelbrecht’s strong performance in the role of Acting Chief Executive Officer, confirmed that he is the ideal candidate to lead Beach through ongoing execution of its development programs and the next phase of growth.

Mr Engelbrecht has over 20 years of oil, gas and resource sector experience, including the last six years with Beach Energy. Mr Engelbrecht joined Beach in 2016 as Chief Financial Officer and was instrumental in the transformational acquisition and subsequent integration of Lattice Energy.

In November 2021, Mr Engelbrecht assumed the role of Acting Chief Executive Officer and has overseen successful progress of Beach’s major capital programs in the offshore Otway Basin and Perth Basin, which are being delivered safely, on schedule and on budget.

Commenting on the appointment, Chairman Glenn Davis said, “We are very pleased that Morné has accepted the role of Chief Executive Officer. Morné has clearly demonstrated his leadership capabilities over many years with Beach and his credentials are ideally suited for continuing the delivery of our strategy. On behalf of the Board, we welcome Morné to the role.”

Mr Engelbrecht said “It is an honour to be appointed Chief Executive Officer of Beach Energy. I am passionate about the company and the role we play in supplying much needed oil and gas to support society’s ongoing energy needs. Beach has a proud history spanning more than 60 years and I am excited be part of its future. I look forward to continuing engagement with our investors and stakeholders as we deliver our growth strategy”, Mr Engelbrecht said.

www.beachenergy.com.au

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