Kolibri Global Energy Inc. Announces Director Nominees for Upcoming Shareholder Meeting
Kolibri Global Energy Inc. (the “Company” or “Kolibri”) (TSX: KEI, NASDAQ: KGEI) today announced the nomination of several highly qualified individuals for election to its Board of Directors at the Company’s upcoming annual general meeting of shareholders (the “Meeting”), which is currently anticipated to take place on May 4, 2026. This announcement follows careful deliberation and consideration by the Company’s Board of Directors (the “Board”), who reviewed recommendations submitted by Tetragon Partners UK LLP, a significant shareholder, regarding potential Board nominees.
After extensive discussions and evaluations, the Board has resolved to endorse the nominees proposed by Tetragon Partners UK LLP for election at the Meeting. This step reflects Kolibri’s ongoing commitment to ensuring strong governance, strategic oversight, and operational excellence at the Board level. The nominees for election at the Meeting comprise both existing members of the Board and new candidates with diverse experience across energy, finance, and corporate leadership.
Management Nominees
The Company’s management nominees for election include David Neuhauser and Wolf Regener, who currently serve as directors, with Mr. Regener also holding the position of Chief Executive Officer (CEO). Both bring deep institutional knowledge of Kolibri’s operations and strategy, having contributed substantially to the Company’s growth and positioning within the energy sector. Their ongoing leadership is expected to continue providing stability and strategic continuity during a period of active portfolio development and industry evolution.
In addition to the current directors, the Board is pleased to nominate Glen Brown, Lee Canaan, and Murray Grigg as new members. Each brings extensive experience and a proven track record in areas that align with Kolibri’s strategic objectives, including corporate governance, energy project development, financial oversight, and operational excellence. Their diverse expertise will further strengthen the Board’s ability to oversee Kolibri’s evolving business operations, growth initiatives, and shareholder value creation.
Transition and Departure of Current Directors
As part of this Board refreshment, certain existing directors have decided not to stand for re-election at the Meeting. Specifically, Evan Templeton, the Chairman of the Board, as well as directors Douglas Urch and Leslie O’Connor, will conclude their service following the Meeting. The Board and management express their sincere appreciation to these individuals for their dedication, guidance, and significant contributions to Kolibri throughout their respective tenures. Their collective expertise and leadership have been instrumental in advancing the Company’s corporate strategy, operational development, and stakeholder engagement.
Mr. Templeton, in particular, has played a pivotal role in guiding Kolibri through periods of strategic transition and growth. In recognition of his commitment and ongoing support, he has agreed to assist the Board with transitional matters as necessary over the coming months, ensuring a smooth handover of responsibilities and continued organizational continuity. The contributions of Mr. Urch and Ms. O’Connor have similarly provided valuable oversight, risk management, and strategic input that have helped shape the Company’s strong governance foundation. The Board wishes them every success in their future endeavors and expresses gratitude for their unwavering dedication to Kolibri.
Strategic Implications of New Nominees
The addition of Glen Brown, Lee Canaan, and Murray Grigg to the Board represents a significant step in advancing Kolibri’s strategic priorities. Each new nominee brings a unique perspective that complements the existing Board’s composition, enhancing the depth of expertise available to guide the Company through an evolving energy landscape characterized by innovation, regulatory changes, and emerging market opportunities.
- Glen Brown brings extensive experience in energy project management, corporate strategy, and operational optimization, having held senior leadership roles in both established energy firms and emerging market initiatives. His insight into project execution and operational efficiency is expected to provide meaningful contributions to the Board’s oversight of Kolibri’s asset development programs.
- Lee Canaan has a robust background in financial management, corporate governance, and risk oversight, particularly within the energy and industrial sectors. Her expertise will help strengthen the Board’s capabilities in financial oversight, capital allocation, and shareholder value creation, ensuring that Kolibri remains well-positioned to execute its long-term strategic objectives.
- Murray Grigg brings a combination of strategic planning experience, energy market analysis, and business development expertise. His contributions are anticipated to support the Board in identifying growth opportunities, fostering partnerships, and evaluating market trends that may influence Kolibri’s future direction.
Together with the continuing directors, these new nominees will enhance the Board’s collective capacity to provide effective governance, strategic guidance, and oversight of management, aligning the Company’s leadership with shareholder interests and long-term value creation.
Commitment to Shareholder Engagement and Governance
Kolibri remains deeply committed to maintaining high standards of corporate governance, transparency, and shareholder engagement. The nomination process and Board refreshment reflect the Company’s dedication to incorporating shareholder perspectives into strategic decision-making and ensuring that the Board’s composition supports robust oversight, operational excellence, and sustainable growth.
The upcoming Meeting represents an important milestone for the Company and its shareholders. By nominating a strong slate of candidates for election, Kolibri aims to ensure continuity in leadership while also introducing new expertise to address the evolving challenges and opportunities within the energy sector. Shareholders are encouraged to review the materials provided in connection with the Meeting, which will include comprehensive biographies of all nominees and information regarding the Board’s governance framework, to make informed voting decisions.
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