Active Energy announced that Michelle Fagan has, with effect from23 November2022, been joined the Company's senior management team. Michelle's role will initially be in a non-Board capacity. Michelle Fagan is qualified as achartered certified accountant (ACCA)and has 24 years' experience as a finance professional.

After completing her FCCA qualification at the Bank of Ireland, she went on to roles as a CFO at Assured Asset Energy Group, Nowtel Group and Chemistry Strategic Communications in London and Dublin. Michelle has been working with the Company's management team since October 2020. In addition, and further to the Company's announcement of 10 August 2022, Andrew Diamond has ceased to be a director of the Company with immediate effect.