20 December 2023

Star Energy Group plc (AIM: STAR)

("Star Energy" or the "Company")

Board Change - Appointment of Non-executive Director

Star Energy is pleased to announce that Anthony White MBE has accepted an invitation to join the Board as an Independent Non-executive Director with immediate effect. Anthony will be a member of the Audit Committee.

Anthony has over thirty five years experience in international power markets and low carbon economy from capital markets analytical and industry strategy roles.

He has been involved in developing economic and financial frameworks that have reformed the energy sector and opened up whole new areas to private sector investment. This was particularly in relation to the conventional power sector reform but also for renewables. He played an important part in helping formulate government policy to make clean energy projects investable. He has also been an energy industry regulator.

His key responsibilities included being lead analyst for the top ranked energy team at investment bank, James Capel, who advised the UK Government on privatising the power sector. As Head of Citigroup's pan-European power team he also oversaw market liberalisation in other European markets. He was also National Grid's Group Head of Strategy in the 1990's.

In 2003, Anthony was one of the founders of Climate Change Capital, a specialist low carbon advisory and asset management business. He has been heavily involved in UK energy and power market policy participating in numerous UK Government advisory bodies including the Energy Advisory Panel, Commission on Environmental Markets and Economic Reform, Energy Networks Strategy Group and the Nuclear Liability Financing Assurance Board.  He was awarded an MBE in 2004 for services to UK energy policy.

Anthony is currently a Non-executive Board Director of Green Energy Options and the Triple Point Energy Transition Trust.

Commenting Chris Hopkinson, CEO said:

"I am incredibly excited to welcome Anthony to the Board.  He is a highly respected figure in the energy industry and has been involved in almost all aspects ranging from renewable energy research through to strategy, finance, international development and policy.  His expertise will further strengthen the senior team as we seek to grow our geothermal business."

Anthony White added:

"I am delighted to be given this opportunity to help Star Energy as it navigates the transition to Net Zero."

Additional information:

Anthony Alfred Leigh White, age 70, holds no shares in Star Energy Group plc. He has been a director or partner of the following companies or partnerships during the five years preceding the date of the announcement:

Save as set out in this announcement, there are no further details to be disclosed under Rule 17 or Schedule 2(g) of the AIM Rules for Companies in respect of Mr White.

For further information please contact:

Star Energy Group plc                    Tel: +44 (0)20 7993 9899

Ann-marie Wilkinson, Chief of Staff

Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970

Virginia Bull/Chris Sim/Charles Craven

Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor/James Asensio

Vigo Consulting                Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Finlay Thomson/Kendall Hill