• Mr. Andrew Purcell was last re-elected as a director at the 2018 AGM
• Mr. Purcell has been appointed as Executive Chairman since February 2020, which is equivalent to a managing director role
• Melbana considers it is compliant with Listing Rule 14.4 as the managing director exemption applies to Mr. Purcell

Melbana Energy has provided a detailed response to an ASX query regarding the tenure of director Mr. Andrew Purcell and the company's compliance with Listing Rule 14.4. The key points are:1. Mr. Purcell was last re-elected as a director at Melbana's 2018 Annual General Meeting.2. Since 21 February 2020, Mr. Purcell has been appointed as Executive Chairman, a role which Melbana considers to be equivalent to a managing director position under the company's constitution. 3. Under Listing Rule 14.4, the managing director exemption applies, meaning Mr. Purcell has not been required to retire by rotation while holding the Executive Chairman office.4. Melbana cites relevant Corporations Act provisions and its constitution to support the validity of Mr. Purcell's appointment and continuing tenure in the Executive Chairman role.5. Melbana considers it is compliant with Listing Rule 14.4 as Mr. Purcell was re-elected in 2018 and has since held the company's principal executive office, which is exempt from the re-election requirements.The announcement also provides details on Mr. Purcell's existing service agreement, including his fixed remuneration, short-term incentive, and long-term incentive plan.