Domestic Inventory and Well Costs

PATHWAY TO NET ZERO Oxy has set the following goals, among others, to achieve net zero across our total emissions inventory in accordance with the Paris Agreement 1: 36 2024 Reduce total operational GHG emissions² from Oil & Gas and OxyChem by 3.68 MTPA CO₂е 2032 Facilitate geologic storage or use of 25 MTPA of captured CO2 2040 Achieve net-zero emissions in our operations and energy use (Scope 1 and 2) before 2040 with the ambition to achieve before 2035 2050 Achieve net zero for our total emissions inventory including product use (Scope 1, 2, and 3) with an ambition to achieve before 2050 BEYOND Capture and remove global emissions beyond our Scope 1, 2 and 3 1PointFive and future OLCV technology development help accelerate Oxy's emissions reduction to net zero 1SEE APPENDIX III OF OXY 2021 CLIMATE REPORT FOR A COMPREHENSIVE SET OF OXY'S GOALS 2COMPARED TO 2021 EMISSIONS OXY

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