Marty Rutherford Appointed to Board of Directors

Marty Rutherford to Board of Directors

Pantheon Resources plc (AIM: PANR) ("Pantheon" or the " Company"), the oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, is pleased to announce that respected Alaska energy leader Marty Rutherford has been appointed to the Company's Board as a Non-Executive Director. She will be formally appointed following the Board Meeting on 13 June, 2025.

Marty Rutherford is a fifth generation Alaskan. Marty returned to Alaska after graduating college in the late 1970s, and held a variety of jobs in Valdez, Fairbanks, and Anchorage. In 1982, she began working at the Alaska Department of Community and Regional Affairs (DCRA), eventually being appointed the Deputy Commissioner. In 1992, Marty moved to the Alaska Department of Natural Resources (DNR), where she was appointed Deputy Commissioner in 1993 and remained there through 2005. In that role Marty oversaw the State's management of its natural resources including oil and gas, mining, water, parks, etc.

Marty resigned her position in 2005, but was re-instated as Deputy Commissioner of DNR in 2006 under Governor Palin, leading the gasline effort as well as the oil and gas policy teams. In 2011, Marty left state service and went to work for Linc Energy, an Australian company exploring for oil on the North Slope and natural gas in Cook Inlet. However, in 2014, Marty was once again appointed Deputy Commissioner of DNR and also served as acting Commissioner for an extended time, a position she had held numerous times over her years at DNR. In 2016, Marty retired from DNR and served a term as a Trustee of the Alaska Permanent Fund.

The appointment of Ms. Rutherford is another key step in the development of the Board to best manage the challenges ahead on the path to oil and gas production and financial self-sufficiency. At the same time, as previously announced, Bob Rosenthal will be retiring from Pantheon and stepping down from the Board of Directors.

David Hobbs, Executive Chairman of Pantheon Resources, commented: "We are delighted to welcome Marty Rutherford as a member of the Board of Directors. Pantheon will benefit from her more than 40 years of experience in policy roles, particularly her time in the DNR working to advance the construction of a gas pipeline for commercialisation of Alaska's North Slope gas. Her deep expertise, coupled with strategic judgment and policy track record, make her the ideal addition to our Board."

Marty Rutherford said: "I am delighted to have the opportunity to join the Board of Pantheon as it faces critical decisions on developing its resources for the benefit of both shareholders and Alaskan stakeholders. It will be especially exciting to help bring the dream of a gas pipeline from Alaska's North Slope to fruition."

The following details in relation to the appointment of Marty Rutherford are disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules:

Marty Kelsey Rutherford (aged 73) has held the following directorships and/or partnerships in the past five years:

There is no further information to be disclosed in relation to Marty Rutherford's appointment pursuant to AIM Rule 17 or Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.