Opnext, Inc. (PXT) Announces Appointment to the Board of Directors

Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce the appointment of Alberto Consuegra to the Board of Directors (the “Board”).

Effective June 1, 2025, Alberto Consuegra has been appointed to the Board as an independent director. Alberto has more than 30 years of experience in the energy sector. Most recently, Mr. Consuegra served as the Chief Operating Officer of Ecopetrol, Colombia’s national oil company, and for a period of time acted as the Company’s interim Chief Executive Officer. He has also served as the President of Cenit Transporte y Logística de Hidrocarburos S.A.S., the Vice President of Supply and Services of Ecopetrol, and held several executive positions at Equion Energia Ltd. and BP Exploration.

Mr. Consuegra graduated from Universidad de Cartagena with a civil engineering degree and holds a master’s degree in civil engineering from Texas A&M University.

“We are excited to welcome Alberto to our Board of Directors and believe his Colombia-focused energy expertise will contribute to the ongoing success of Parex,” commented Wayne Foo, Chair of Parex’s Board of Directors.

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