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VARO Energy announces appointment of Robin Edwards as CFO

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VARO Energy, a downstream company active mainly in Northwest Europe today announced that Robin Edwards has been appointed as its new Chief Financial Officer (CFO).

Mr. Edwards brings 15 years of experience in different senior finance roles across the oil industry. Following 13 years spent mainly in the supply and trading business at BP, Mr. Edwards was the deputy CFO of Mercuria Energy Trading S.A. a global energy and commodity group based in Geneva, since 2013. The financial management and trading experience Mr. Edwards draws on, will support VARO’s continuous growth plans.

“Robin is a great fit for VARO Energy. He’s an experienced team player who is very much aligned with our business strategy and we’re delighted that he’ll be joining our management team at this exciting time in our development”, says Roger Brown, CEO VARO Energy. “I’m confident that his industry expertise, operating acumen, and experience will be extremely valuable as we seek to further develop our business. His knowledge and insight should allow him to quickly contribute to driving performance at VARO.“

“I am excited to be joining the VARO-team,” said Robin Edwards. “As a rapidly growing company in the challenging downstream business, it represents an outstanding opportunity. I look forward to applying my experience toward helping to further develop VARO’s market presence across Northwest Europe.”

About VARO Energy

VARO Energy refines, stores and distributes oil products for the North West European market. The company owns a refinery in Cressier, Switzerland, a minority share in the Bayernoil refinery, Southern Germany, all Petrotank storage facilities throughout Germany, as well as additional storage facilities, distribution and marketing businesses in Benelux, France, Germany and Switzerland. Varo Energy’s shareholders include private investment company Reggeborgh; Carlyle International Energy Partners, an advisory fund which is part of the global alternative asset manager The Carlyle Group; and international energy and commodities company Vitol.

For further information, please contact

Florence Lebeau

T: +41 41 747 23 16

E: [email protected]