People

Non-Executive Chairman and Company Secretary

Mr Ash is a Charted Accountant and has a Bachelor of Economics degree with more than 25 years of experience in funds management and finance in Australia and Asia. Prior to forming AAP Capital, Mr Ash was a Managing Director, Head of Asset Finance for Developed Asia and a member of the Australian executive team for Nomura Australia. He has also worked at Westpac, Macquarie Bank and KPMG.

Mr Ash has been Chairman since 4 December 2019.

Executive Director and Chief Executive Officer

Mr Sleeman has extensive experience in the oil and gas, utilities and infrastructure sectors, having held several senior executive positions across these sectors, and has provided advice to both government and businesses involved in those sectors across Australia. He is presently a Director of Armour Energy Limited (Queensland) and provides advice to organisations including the Northern Territory Power and Water Corporation. Roland has a Bachelor of Engineering (Mechanical), a Master of Business Administration and is a Graduate of the Australian Institute of Company Directors.

Mr Sleeman was appointed Chief Executive Officer on 29 June 2016 and has been a Director since 21 November 2019.

Non-Executive Director

Mr. Mather has been involved in the junior resource sector at all levels for more than 30 years and was co-founder and a Non-Executive Director of Bow Energy Ltd until it was acquired by Arrow Energy NL for $530 million in December 2011. Mr. Mather was also co-founder and served as an Executive Director of Arrow Energy NL until 2004. Arrow Energy NL was acquired by Royal Dutch Shell Plc and the PetroChina Group, for a value of approximately $3.5 billion in 2010. Mr. Mather is Executive Chairman of Armour Energy Ltd and was also Chairman of Waratah Coal Inc. before its $130 million takeover by Clive Palmer’s Mineralogy Ltd in 2009. Mr Mather is Managing Director and founder of DGR Global Limited, Executive Chairman and Director (and co-founder) of SolGold Plc (LSE AIM).

Mr. Mather has served on the Board since February 2012

Chief Operating Officer

Tim has as wealth of on-ground experience with onshore Victorian petroleum exploration, along with a track-record of delivering drilling projects safely, He has overseen all of Lakes’ drilling activity over the last 18 years, having joined the Company

as a Petroleum Geologist after completing a MSc at Monash University. He is currently President of the Victoria/Tasmania branch of PESA.

Company Secretary

Elissa has over 20 years’ experience advising boards and management on corporate governance, compliance, investor relations and other corporate related issues. She has worked with boards and management of a range of ASX listed companies including assisting companies through the IPO process. Elissa is a Chartered Secretary who brings best practice governance advice, ensuring compliance with the Listing Rules, Corporations Act and other relevant legislation.