On August 5, 2021, the board of directors of California Resources Corporation elected Ms. Nicole Neeman Brady to fill a vacancy on the Board. The board determined that Ms. Neeman Brady qualifies as an independent director under the director independence standards set forth in the rules and regulations of the Securities and Exchange Commission and the applicable listing standards of the New York Stock Exchange. Ms. Neeman Brady, has over 20 years of experience as an entrepreneur, executive, investor and community leader with global water, energy, and agricultural expertise. Ms. Neeman Brady has served as the Chief Executive Officer and a director of Sustainable Development Acquisition Corp. since December 2020. Ms. Neeman Brady also served as Principal and Chief Operating Officer at Renewable Resources Group LLC, as well as a member of the Investment Committee and a board member of several of its portfolio companies.