Jadestone Energy plc announced the appointment of Gunter Waldner as a non-executive director of the Company with immediate effect. Mr. Waldner was nominated as a non-executive director by the Company's large shareholder, Tyrus Capital S.A.M. and funds managed by it, pursuant to the relationship agreement entered into by the Company and Tyrus in November 2018. Mr. Waldner will stand for election at the Company's 2024 Annual General Meeting.

Gunter Waldner (aged 51), an Austrian national, has over 25 years of corporate finance and investment management experience. Mr. Waldner is currently Head of Private Equity and Co-Chief Investment Officer of Tyrus Capital S.A.M. having joined the firm in 2012. Prior to Tyrus Capital, Mr. Waldner spent five years in senior positions at AlpInvest Partners, where he was responsible, amongst others, for deal sourcing, structuring and execution of secondary private equity transactions and portfolio management.

Mr. Waldner's previous experience includes 10 years in investment banking at Lehman Brothers, advising corporates on M&A transactions and capital market activities. Mr. Waldner holds a Master's degree in Business Administration and Economics from the Vienna University of Economics and Business Administration. Mr. Waldner is also a director of New Lake 42 B.V.