ALECTO CAPITAL STRATEGICALLY REALIGNS MANAGEMENT

Alecto Capital, LLC, as the representative of the security assignees of Deutsche Oel & Gas S.A. (DOGSA), announces that Mr. Theodor van Stephoudt has been appointed as the sole manager of the company, effective immediately.

This decision consolidates leadership and ensures an efficient implementation of the litigation strategy against Energy Capital Partners (ECP). Mr. van Stephoudt, an experienced expert with technical, economic, and legal expertise, has advised the project from its inception, thus ensuring continuity and in-depth knowledge.

The appointment follows the successful transfer of the legal proceedings to New York, which was achieved with the significant involvement of Mr. van Stephoudt and sustainably strengthens Alecto Capital’s position.