John Reynolds, a current board member of Archer and representative for Lime Rock Partners, has decided to step down from the Board of Directors after eight year tenure as a Director of Archer. Peter J. Sharpe has replaced Mr. Reynold as an independent Director of Archer effective November 6, 2019. Peter Sharpe retired from Shell in 2017 after holding a diverse range of Executive Management positions in international locations over a period of 37 years. He served as Executive Vice President of Shell for over 10 years, with responsibility for managing Shell upstream investments in well construction and maintenance globally. He served as Chairman of Sirius Well Manufacturing Services Pte Ltd, an independent Joint Venture between Shell and CNPC, from 2012 to 2017 and as a non-executive director of Xtreme Drilling and Coil Services Corporation from 2008 to 2014. Peter Sharpe sits on the Board of Directors of Seadrill Limited.