Nabors Energy Transition Corp. II has announced the appointment of Colin Richardson to its board of directors on June 25, 2024. Richardson qualifies as an independent director according to Nasdaq and U.S. regulatory standards and will serve on the audit committee. His extensive background includes leadership roles at Vast Renewables Limited, MA Financial Australia, Rothschild, Citigroup, Deutsche Bank, SG Hambros, Hockey NSW, Hockey Australia, Hockey 1, and Twynam Group Companies. The firm appreciates Richardson's expertise in strategic advisory, mergers and acquisitions, and financial management for the value it adds to the board and its audit committee.
Richardson has no reportable arrangements that led to his appointment, and there is no disclosure of any transaction requiring disclosure under federal regulations. In line with his board membership, Richardson has entered into an agreement with the company aligning with its existing officer and director indemnification policies, and he received 50,000 Class F ordinary shares from Nabors Energy Transition Sponsor II LLC. His rights under the Registration Rights Agreement have been established via a Joinder Agreement.
Entities and Proper Names: - Nabors Energy Transition Corp. II - Colin Richardson - The Nasdaq Stock Market - Vast Renewables Limited - MA Financial Australia - Rothschild - Citigroup - Deutsche Bank - SG Hambros - Hockey NSW - Hockey Australia - Hockey 1 - Twynam Group Companies - Nabors Energy Transition Sponsor II LLC (the Sponsor) - Hull University