Board of Directors

Qualifications:
LLB University of Sydney, FAICD

Experience:
Stephen has been a Director of Icon Energy Limited since 1993. He has been a key player in the development of the strategic direction of the company. As a practicing solicitor he has extensive experience in joint venture and farmin agreements together with a wealth of knowledge on commercial law and corporate litigation. He was appointed as the Chairman of the Board on 18 December 2008.

He is a member and Chairman of the Board's Remuneration Nominations and Successions Committee. He is also a member of the Board's Audit and Risk Management Committee. He has held no other Australian listed company directorships during the past three financial years.

Director Since: 05/01/1993

Qualifications:
BSc (Physics, Maths, Geology) University of NSW, FAICD, FAIM

Experience:
Ray is the Managing Director of Icon Energy, the Company he founded in 1993 and floated on the ASX in 1997. He worked with Chevron Perth and Chevron Houston from 1969-74 and with Gulf Oil from 1974-80. He was the Managing Director of Australian Hydrocarbons from 1980-81 and the Managing Director of Omega Oil from 1987-91.

Ray is the Director of the Advisory Board of the Energy & Geoscience Institute (EGI) at the University of Utah in the USA and on the Griffith Business School Advisory Board at Griffith University.

He is a Fellow of the Australian Institute of Company Directors and serves as a member of the Gold Coast Committee. He is a Fellow of the Australian Institute of Management.

Director Since: 01/02/1993

DR KEVIN JIH - EXECUTIVE DIRECTOR / CHIEF FINANCIAL OFFICER

Qualifications
BA, MBA, MAcc, PhD(Bond), CPA, MAICD

Experience
Dr. Jih joined Icon Energy as Deputy Chief Financial Officer in November 2008 and was promoted as Chief Financial Officer in July 2010. He graduated with a Master of Business Administration in 1994 and a Master of Accounting both from Bond University. In 2008 he was awarded a Doctor of Philosophy in Accounting from Bond University. He is a Certified Practising Accountant and has wide experience in the private and public sectors specialising in management accounting, financial accounting, human resource management and corporate governance.

Dr. Jih has held numerous key positions as the Finance and HR Manager, Faculty of Humanities and Social Sciences, Bond University, Australia;  Vice President of Tai-Chern Enterprise Co Ltd,  Vice President of Hong Yang Lease Finance Co Ltd, Taipei, Managing Consultant of MYC Group Co Ltd, Hong Kong and Business Consultant of Hualien Commercial Bank, Taipei. He is a member of the Australian Institute of Management and the Australian Institute of Company Directors, as well a member of the CPA Australia.

Director Since: 01/12/2011

Qualifications:
BA, LLB (UQ), LLM (Lond), FAIM, FAICD, FHKloD, SF Fin

Experience:
Derek was appointed to the Board on 20 March 2009 as a Non-Executive Director of Icon Energy Limited. He is a Fellow of the Australian Institute of Management, a Fellow of the Australian Institute of Company Directors, a Fellow of the Hong Kong Institute of Directors and a Senior Fellow of the Financial Services Institute of Australasia.

He was admitted as a Barrister of the Supreme Court of Queensland and the Federal and High Courts of Australia. Before practicing as a Barrister in Brisbane for some years, he was the Queensland partner of ABS White and Company, a Sydney based stock broking firm. During a career spanning 20 years in Hong Kong, he was a Crown Counsel; Deputy Commissioner for Securities and Commodities Trading, Managing Director of what is now HSBC Asset Management, and Group Vice President, Corporate Communications, of First Pacific Company Limited, a publicly listed conglomerate.

Derek is a Non-Executive Director of Hayco Manufacturing Limited, a large manufacturing Company in Hong Kong and China. He is Chairman of the Clem Jones Research Centre for Stem Cell and Tissue Regenerative Therapies at Bond University, and a Member of the Gold Coast Advisory Council at Griffith University.. He retired as Chairman of the School Council of The Southport School (TSS) at the end of 2009 after 12 years on Council.

Director Since: 20/03/2009

Qualifications:
BE (Elec) Qld, DUniv QUT, FIE Aust, FAIM, MAICD

Experience:
Keith was appointed to the Board on 3 April 2009 as a Non-Executive Director of Icon Energy Limited. Dr Hilless is the Chairman of the Board's Audit and Risk Management Committee. Keith retired as Chairman of the Queensland Government owned ZeroGen, which specialises in commercial 'clean coal' technology on 30 June 2010. Dr Hilless is also a past Chairman of Ergon Energy Corporation Limited with $6 billion in network assets, revenues of $3.1 billion and over 4,000 staff. Dr Hilless was Electricity Commissioner of the Queensland Electricity Commission (QEC) for a time, CEO of the Queensland Transmission and Supply Corporation (QTSC), responsible for high voltage supply throughout Queensland and for forecasting changes in electricity demand and expanding Queensland's electricity network.

In addition to his impressive corporate experience, Dr Hilless is a Doctor of the University QUT. He was also Deputy Chancellor of Queensland University of Technology for a time, is a Member in the General Division - Order of Australia, a Fellow of both the Institution of Engineers Australia and The Australian Institute of Management and a Member of the Australian Institute of Company Directors.

Director Since: 03/04/2009

Experience:
Mr Howard Lu was appointed to the Board on 7 January 2011 as a non-executive Director of Icon Energy Limited. Mr Lu is currently the Executive Chairman of a number of Chinese based companies, including Shin Zu Shing Precision Electronic (Suzhou) Co., Ltd, Ningbo Chang Shing Precision Electronic Co. Ltd and Zhi Qun Precision Electronic (Suzhou) Co., Ltd and the Vice Chairman of Qingyuan China Datang Real Estate Development Co., Ltd. He has previously also been the Senior Executive of Shin Zu Shing Co., Ltd.

As Senior Executive of Shin Zu Shing Co.,Ltd (SZS) manufacturer of precision wire and planar springs for medical apparatus, mechanical equipment and electronic products, Mr Lu expanded SZS’s business in China and has established four factories in Suzhou, Shenzhen and Ningbo. Mr Lu has managed all SZS business operations in China since 2002 and now SZS has a market capital of approximately AUD 373,824,000.

Mr Lu has extensive business interests in China and elsewhere overseas. He is extremely well connected with Chinese energy and resources companies, including LNG importers. Mr Lu also maintains a residence in Brisbane, Queensland, and is an Australian citizen. Howard Lu is Icon Energy’s third largest shareholder, holding 16,000,000 fully paid ordinary shares in the Company, as a result of a recent placement.

Director Since: 07/01/2011