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Vermilion Shuffles Management Team

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   |    Tuesday,November 17,2020

Vermilion Energy Inc. reported changes to its senior leadership team.

Mr. Michael Kaluza has stepped down as Executive Vice President and COO, effective immediately.

Mr. Dion Hatcher has been appointed to the newly created position of Vice President, North America. Mr. Hatcher has been with Vermilion since 2006 and most recently held the position of Vice President of the Canadian Business Unit, a position he has held since 2016. In his new role, Mr. Hatcher will be responsible for all of Vermilion's operations in Canada and the United States.

Mr. Darcy Kerwin has been appointed to the newly created position of Vice President, International & HSE where he will oversee Vermilion's Health, Safety and Environment efforts and be responsible for all of Vermilion's international operations. Mr. Kerwin has been with Vermilion since 2005 and has worked in our Canada, France, Australia and Ireland business units and most recently in the Calgary Head Office as Vice President, Strategic Planning.

In lieu of filling the role of COO we will rely on Mr. Hatcher and Mr. Kerwin to jointly fulfill the duties.

As previously announced, Mr. Hatcher and Mr. Kerwin are also members of Vermilion's Executive Committee. The Executive Committee is proving to be very successful in managing the company by utilizing the collective knowledge of the eight Committee members to collaborate on strategic decisions for the Company.

2020 Development Plan

Category	2019	2020 Est. Initial	Updated 2020 Guidance	%Difference (2019vs 2020)
Total Capital Expenditure($mm)

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