Ann: CNX Signs Terms to Licence keyseam for 30MW Power Project-CNX.AX, page-16

Carbon Energy announces CEO appointment The Board of Carbon Energy Limited (ASX: CNX, OTCQX:
CNXAY) is pleased to announce the appointment of Mr Kerry Parker to the position of Chief Executive Officer & Managing Director. Kerry is a well regarded executive with a 20 year history of significant contribution to junior resources companies, having held Chief Financial Officer and Managing Director roles in various unlisted and ASX listed resource companies, including those engaged in the energy business. He has had significant experience in the management of Joint Ventures through CH4 Gas, Arrow Energy, Panax Geothermal, Inova Resources, Discovery Metals and Unity Mining across Australia, India, China, Indonesia, Botswana and Vietnam. He is a Chartered Accountant by profession. “We are delighted to welcome Kerry to the leadership role in Carbon Energy” said Chairman, Dr Chris Rawlings. “His experience, energy and drive will propel the Company to the next stage of its development”, he added Mr Parker said he was delighted to be appointed Chief Executive Officer and Managing Director of Carbon Energy. “I look forward to leading Carbon Energy into the next stage of its development and growth through the use of its proprietary keyseam UCG technology in China and other jurisdictions. The appointment becomes effective as of 1 September 2016.