Icon Energy Limited Annual Report 2017

RAYMOND JAMES Managing Director Qualifications: BSc Physics (Geology, Maths) University of NSW, T.C. University of Sydney, FAIM, FAICD Experience: Mr Ray James has been the Managing Director of Icon Energy Limited and its subsidiaries since 1993. Ray has over 40 years experience in the petroleum industry in Australia, USA, Indonesia, South East Asia, Middle East and Russia. He worked with Chevron in Perth and 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 was a Director of Australian Petroleum Production & Exploration Association Ltd (APPEA) from 1999-2007 and Vice Chairman of APPEA from 2003- 2005. Ray is a Fellow member of the Australian Institute of Management. He is a Fellow member of the Australian Institute of Company Directors and Vice Chairman of the Gold Coast Committee. Ray is a member of the Advisory Council of the Griffiths School of Business. DR KEVIN JIH Chief Financial Officer, Company Secretary and Executive Director Qualifications: BA, MBA, MAcc, PhD(Bond), CPA, FAIM, FAICD Experience: Dr Kevin Jih joined Icon Energy Limited as Deputy Chief Financial Officer in November 2008 and was promoted as Chief Financial Officer in July 2010. Kevin was elected as Executive Director in December 2011 and appointed Company Secretary in May 2015 following an internal restructure of the Company. Kevin 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. Kevin 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. Kevin has held no other Australian listed company directorships during the past three financial years. He is a Fellow member of the Australian Institute of Management and the Australian Institute of Company Directors, as well as a member of CPA Australia. MARTIN BERRY Exploration Manager Qualifications: BSc Hons (Geology) University of London, FGS, AAPG Experience: Mr Martin Berry joined Icon Energy Limited as Exploration Manager in August 2013. Martin has over 38 years’ experience in the Petroleum Industry in Australia, North America, Europe and the Middle East. Martin graduated from the University of London in 1975 and began working in the British and Norwegian sectors of the North Sea. In 1983, Martin moved to Australia and worked as a Senior Geologist for Magellan Petroleum on both Australian and international projects, and as a Consultant Geologist for numerous active exploration companies within Australia and in the UK. Most recently, Martin was employed as Chief Geologist for Celtique Energie Holdings Limited, in London, working on exploration projects in the United Kingdom, France, Switzerland, Germany, Poland, Italy and Romania. Martin has a broad range of technical experience, having worked on exploration and development projects in a variety of sedimentary basins around the world, gaining extensive experience in the evaluation and exploitation of clastic and carbonate reservoirs, CSG, fractured reservoirs and unconventional resource plays. He also has considerable experience in field operations and drilling, including under-balanced drilling technology. Martin is a Fellow of the Geological Society of London, a member of the American Association of Petroleum Geologists and a member of PESA. MANAGEMENT TEAM 22 ICON ENERGY ANNUAL REPORT 2017 MANAGEMENT PROFILES