BERKELEY ENERGIA LIMITED

NEWS RELEASE | 26 October 2021

Resignation of Director

Berkeley Energia Limited ("Berkeley" or the "Company") advises that Mr Deepankar Panigrahi has resigned as a non-executive director of the Company, effective immediately.  

The Board would like to take this opportunity to thank Mr Panigrahi for his contribution to the Company.

Mr Panigrahi became a director of the Company in November 2017 as the nominee director of the Oman Investment Fund ("OIA") (formerly the State General Reserve Fund of Oman) pursuant to the investment agreement following the issue of the convertible note to OIA. He was appointed as OIA's nominee director to oversee OIA's interests in the Company and the development of the Salamanca project. Mr Panigrahi was due for re-election at the Company's upcoming Annual General Meeting to be held on Wednesday, 17 November 2021, however this resolution will no longer be put to shareholders.

A Final Director's Interest Notice for Mr Panigrahi is included below.

For further information please contact:

Robert Behets                        Dylan Browne 

Acting Managing Director         CFO and Company Secretary

+61 8 9322 6322                                                        

[email protected]

Rule 3.19A.3

Appendix 3Z

Final Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available.  Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act. 

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Part 3 - Director's interests in contracts