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Investor Presentaiton

18 SUMMARY INVESTMENT DRIVERS 1 2 3 4 5 6 Buru continues to deliver on its strategy to realise significant value from its Rafael discovery through focus on rigorous execution and capital management. 3D seismic acquisition is completed, with early insights available in November 2023. Appraisal well planning is progressing, with Long Lead commitments required to maintain schedule. Development studies completed and confirmed technical, commercial, and economic feasibility for a wide range of resource outcomes. Buru is executing a phased development to deliver early cashflows, and now focused on Native Title negotiations, concept studies and appraisal activities. Rafael Development Partner Selection process kicked off. This process will provide a formal platform to attract a wide range of potential partners and create an environment for competition and deal making. An early investor in natural hydrogen and helium exploration which provides significant value upside for investors at headstock level, until 2H Resources subsidiary becomes independently investible in due course. A clear 'ask' from our shareholders. Buru requires capital to maintain momentum and deliver the plan and be in the best possible financial health to attract the most value accretive deals over the coming 6 months. Investor Presentation | November 2023 Buru Energy
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