Press Statement 13-2026

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PRESS RELEASE 13_2026

FSM Petroleum Corporation Appoints Johnny Adolph as Chief Operating Officer

FSM, 31 July 2026, 12:00— The Vital FSM Petroleum Corporation (Vital FSMPC) is pleased to announce the appointment of Mr. Johnny Adolph as the Corporation’s inaugural Chief Operating Officer (COO), effective immediately.

The appointment marks an important milestone in the continued evolution of Vital Energy as the Corporation strengthens its leadership capability to deliver safe, reliable and commercially sustainable energy services throughout the Federated States of Micronesia (FSM).

Throughout his career with Vital FSMPC, Mr. Adolph has demonstrated outstanding leadership across enterprise governance, operational resilience, strategic planning, business continuity, organizational performance and corporate transformation. His work has helped strengthen the Corporation’s operational capability while supporting the development of a modern, accountable and customer-focused energy company.

As the COO, Mr. Adolph will provide executive leadership for the Corporation’s operational businesses, ensuring the safe, reliable and efficient delivery of petroleum, aviation, electricity and other energy services across the nation. He will also lead the execution of the Corporation’s operational strategy, asset stewardship, customer service delivery and continuous improvement initiatives.

Chief Executive Officer, Mr. Jared Morris said the appointment reflects both Mr. Adolph’s proven leadership and the Corporation’s ongoing commitment to operational excellence.

“Johnny has consistently demonstrated the leadership, judgement and professionalism required to guide a complex national energy business. His appointment recognizes his ability to lead across the entire organization and reflects the confidence that the Board and Executive Leadership Team have in his capability to deliver operational excellence.”

Mr. Morris said the establishment of the Chief Operating Officer role is part of the Board’s long-term vision to strengthen executive leadership and support the Corporation’s continued growth.

“As we continue to evolve, we are building an executive structure that supports greater operational focus, stronger customer outcomes and disciplined execution of our strategic priorities. The COO will provide dedicated leadership across our operational businesses while ensuring we continue to deliver safe, reliable and efficient energy services that underpin the economic and social wellbeing of our nation.”

Mr. Adolph said he was honored by the appointment and committed to building on the Corporation’s strong operational foundations.

“I am honored by the confidence placed in me by the Board and Chief Executive Officer. Our people are the strength of this organization, and I look forward to working alongside them to continue improving safety, operational performance, customer service and organizational capability. Together, we will continue to deliver the reliable energy services that our communities, businesses and essential services depend upon every day.”

 Vital FSMPC remains the primary supplier of modern energy to the FSM, meeting approximately 96 percent of the nation’s energy requirements. Through continued investment in its people, infrastructure, operational excellence and diversified energy solutions, the Corporation is committed to strengthening national energy security while supporting the country’s long-term economic development.

For more information pertaining to Vital FSMPC, please contact us via Telephone number 320-6364 or via email: PetroCorp@fsmpc.com