LIBERTY CORNER, N.J. — September 20, 2024 — Entara , a leading global asset manager for refining infrastructure has established itself as a trusted partner for businesses seeking to optimize their refinery operations. The company’s strength lies in its team of seasoned professionals and a strategic focus on enhancing operational performance. Guided by an advisory board of industry leaders, Entara benefits from unparalleled experience and insights that drive continuous improvement and innovation in the field of refinery asset management.

Entara’s advisory board plays a pivotal role in shaping the company’s strategic direction and ensuring its continued success. These experienced industry veterans bring a wealth of knowledge and expertise to the table, providing invaluable guidance on a range of operational aspects. The board members are actively involved in evaluating and enhancing refinery assets, identifying opportunities for improvement and ensuring that Entara remains at the forefront of industry best practices. Their insights and guidance are instrumental in driving Entara’s growth and success.

“We are thrilled to welcome these industry leaders to our advisory board. Their extensive experience and strategic insights will be invaluable as we continue to drive growth and innovation in the refinery sector. Their guidance will help us enhance our operational performance and achieve our mission while maintaining our competitive edge in the industry,” said Nicholas Myerson, CEO of Entara. “With their support, Entara is poised to continue its trajectory of success, emerging as a dynamic leader in refinery manufacturing performance.”

Entara’s advisory board is composed of highly experienced professionals whose extensive backgrounds will significantly contribute to the company’s growth and innovation:

1- Robert (Bob) Herman brings 40 years of refining operations experience, having held global responsibilities at Phillips 66, including during the high-volatility COVID-19 period. His strategic insights will be invaluable in enhancing operational performance.

2- Jerome Gonelle has over 35 years’ experience trading finished products, particularly gasoline, in international markets, and his leadership role at Gunvor Group will provide critical guidance in market strategies.

3- Jur Ottow’s 34 years of experience in trading distillates as well as his leadership roles at Gunvor Group and Hess Energy Trading will bolster Entara’s trading capabilities.

4- Kurt Chapman’s leadership in the international oil business and his extensive trading experience will further strengthen Entara’s strategic positioning.

Together, these well-regarded industry veterans will help drive Entara’s mission of achieving best-in-class operational performance

The addition of these seasoned professionals to Entara’s advisory board is set to drive growth and bolster innovation. Their expertise will aid in refining operational strategies, ensuring that Entara remains at the forefront of the industry. By leveraging their knowledge, Entara aims to enhance its gross refinery margin capture, operational performance and energy efficiency.

About Entara

Entara LLC is an energy infrastructure company that optimizes and reduces the carbon intensity of refinery assets with long-term strategic potential. Its mission is to be a significant supplier of critical energy infrastructure and sustainable energy products and to provide energy security to the regions in which it operates. Its team is composed of best-in-class energy, operations and commercial experts who leverage their deep experience to enhance refinery performance while ensuring outstanding health, safety and environmental standards in the refineries they operate.