Ann: Corporate Presentation, page-28

Buru Energy is pleased to advise that commercial leader Mr Pete Ryan has been appointed General Manager Commercial effective 11 September 2023. Mr Ryan will be responsible for the Company’s portfolio of commercial agreements and leading the identification of commercial opportunities. He will focus on the commercialisation of the potentially world scale Rafael gas condensate discovery.   Mr Ryan brings to Buru a broad range of commercial leadership experience in senior commercial roles in the Australian Energy Industry, and most recently as Commercial Manager with Strike Energy, focused on the commercialisation of their Perth Basin assets. Mr Ryan’s appointment to the Buru leadership team complements the Company’s depth of experience and organisational capacity, in project delivery and asset growth, to deliver the Rafael resource development strategy.   In his previous roles in the Australian Energy Industry, Mr Ryan has led commercial development and operations of New Energies, Renewables, Power Generation, as well as Upstream projects. Mr Ryan has significant commercial experience in conventional hydrocarbon developments, including domestic gas, domestic LNG, export LNG, and hybrid renewables.   Mr Ryan has a specialised skill set that includes corporate strategy, project development, energy marketing and trading, market development, joint venture leadership, and commercial operations. Mr Ryan is highly credentialed, with over 15 years’ experience in the Australian Energy Industry, and continues to actively collaborate across industry representing Gas Producers on Energy Policy WA’s Gas Advisory Board.   Mr Ryan holds a Bachelor of Commerce, Diploma of Applied Finance, and Master of Business Administration from the University of Western Australia. Mr Ryan is also a member of the Australian Institute of Energy and Association of International Energy Negotiators.   Welcome Pete to the Buru team