CIPEM SA

THE

MANAGEMENT TEAM

CIPEM SA is run today by a young but experienced team that is doing everything possible to enable the company to achieve its objectives and satisfy its ambitions. This management team consists of the Chief Executive Officer (Mr. Michael-Charles Yagba NAHOUNOU), the Deputy Director General (Mr. YapoSilvain AMON), the Chief of Finance and Accounting (Mr. Alphonse YOMAN) and the Chief of Technical Operations (Mr. Souleymane DEMBELE). All these professionals have worked in the company for several years and are fully aware of its ambitions and objectives. They total several years of experience as detailed below.

CIPEM SA is run today by a young but experienced team that is doing everything possible to enable the company to achieve its objectives and satisfy its ambitions. This management team consists of the Chief Executive Officer (Mr. Michael-Charles Yagba NAHOUNOU), the Deputy Director General (Mr. YapoSilvain AMON), the Chief of Finance and Accounting (Mr. Alphonse YOMAN) and the Chief of Technical Operations (Mr. Souleymane DEMBELE). All these professionals have worked in the company for several years and are fully aware of its ambitions and objectives. They total several years of experience as detailed below.

The Chief Executive Officer

Mr. Michael-Charles Yagba NAHOUNOU

Mr. NAHOUNOU holds a Bachelor's of Science in Business & Technology (University of Connecticut USA) (2012), Minor in Finance (University of Connecticut USA) (2012)

         He was instrumental in the strategic acquisition of the Block CI 11 under the guidance of his father M. NAHOUNOU Kore, whom he succeeded as Chairman, President and CEO of CIPEM SA in June 2016. Since this time, M. NAHOUNOU has focused on Blockchain Technology-based solutions to help position CIPEM SA as a competitive leader in the ECOWAS Energy's Industry.

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Mr. Michael-Charles NAHOUNOU held successively at MC Petroleum Company, LLC (USA) the following positions:

• Investment Risk Manager for Petroleum Exploration Projects

• Director of Information Technology and New Business Systems

• Director of Blockchain Data Mining Initiative (2014)

• Strategic Advisor to the Chairman & President for Big Data Projects

• Chief Financial Officer

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From 2012 to date, he has held the following positions:

• PDG of CIPEM SA (CIV)

• Administrator General of MCP International SA (Côte d’Ivoire)

• Chairman & President of NAHOUNOU Investment Group, LLC (USA)

Mr. YapoSilvain AMON

The Deputy Director General

Mr. YapoSilvain AMON holds:

• a Master’s in Chemical Engineering of the National Polytechnic Institute of Grenoble, FRANCE (Grenoble INP, 2003)

• a Postgraduate Degree in Material Engineering of both the National Polytechnic Institute of Grenoble and the National Mining Engineering School of Saint-Etienne, FRANCE (2003)

Since 2009 and after one year in the parent company MC Petroleum International, Mr. YapoSilvain AMON has held within CIPEM SA these following positions:

• Petroleum Engineer

• Head of the team supervising the construction of the Abidjan – Bouaké pipeline

• Head of the multidisciplinary team in charge of petroleum projects engineering

• Head of the department of Engineering, Production and Technical Studies, a position just below the Technical Director for whom he regularly deputized

• Deputy Director General (DGA) since May 2018

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          As a petroleum Engineer in CIPEM SA since 2009, Mr. YapoSilvain AMON helped provide the necessary technical and financial data in the acquisition process of the CI11 Block in 2010, especially production data analysis and economic evaluation. He was the team leader in the execution of the construction supervision contract for the Abidjan - Bouaké pipeline. Mr. AMON has been the key figure in the designing and development of all projects within CIPEM SA while being in charge of the training of new recruits. As the head of the department of Engineering and Production, Mr. AMON created and developed several tools for production and revenue monitoring as well as managing the team carrying out the technical operations on the CI 11 petroleum block. He has been appointed Deputy Director General since May 2018.

Mr. Alphonse YOMAN

The Chief of Finance and Accounting

Mr. Alphonse YOMAN holds:

• a Master degree in Finance, Audit and management control, ASTC, Abidjan, Côte d’Ivoire (2012)

• a DSS (Advanced Specialized Diploma in Audit & Management Control) at ASTC, Côte d’Ivoire (2010)

• an Advanced Technician Certificate in Finance and Accounting (2001)

From 2002 to date he has held these following positions:

• Accountant at KOSANKE - SARL in Côte d’Ivoire

• Financial & Accounting Manager at Le DOCUMENTAIRE

• Accountant at MC PETROLEUM International SA

• Accountant at CIPEM-SA

• Chief of Finance and Accounting at CIPEM-SA

The Chief of Technical operations

Mr. Souleymane  DEMBELE