Oilex Board Changes

Oilex Ltd (the Company) wishes to advise that in accordance with article 6.2 and 6.3 of the Company’s Constitution, Mr Max Cozijn has elected to retire from the Board and consequently will not be seeking re-election at the Company’s Annual General Meeting in November 2017.

Mr Cozijn has served the Company over an extended period having been a founding director and shareholder of Oilex as its innaugral Chairman since its Australian Securities Exchange listing in 2003 until February 2017 and continuining thereafter as a non executive director.

The board would like to thank Mr Cozijn for his valued contribution to the Company during his term as a board member and wish him well for the future.

Board Changes