STRATEGY PRESENTATION 2021-2024 slide image

STRATEGY PRESENTATION 2021-2024

UPSTREAM FLEXIBILITY AND RESILIENCE RESILIENCE UPSTREAM CAPEX COVERAGE| $/Bbl 37 -24% 2021-2024 CAPEX € 4.5 BLN AVERAGE PER YEAR 28 2021 2024 FLEXIBILITY >55% UNCOMMITTED IN 2023-24 Upstream capex coverage = Brent price at which upstream capex are covered by upstream CFFO STRATEGY PRESENTATION 2021-2024 13
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