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Investor Presentaiton

Creating Value Case Study: Momentum building for the transportation and storage of future fuels such as hydrogen and CO2 $260bn¹ Market opportunity for Hydrogen $13bn¹ Market opportunity for CO2 transmission 宮 Customer Drivers D Hydrogen is expected to be an important future energy source, as a feedstock for industry, and for power generation, heating, transport and export CO2 transmission pipelines are expected to be required for the development of a Carbon Capture Utilisation and Storage (CCUS) industry Both hydrogen and CCUS will be important to achieve meaningful emissions reductions Why APA expects to be the partner of choice in future energy APA has an extensive pipeline network proximate to existing and proposed renewable energy zones, linking to major industrial centres and ports Potential for significant parts of APA's existing pipeline network to be repurposed for hydrogen transportation Capability to design, build and operate new future fuels transmission infrastructure APA is actively pursuing opportunities for CO2 pipeline transportation, both greenfield pipelines and repurposing of existing assets Ability to bundle services for customers Track record of working with communities to deliver linear infrastructure Case study Parmelia Gas Pipeline (PGP) Hydrogen Project Project aimed to test Australia's first potential conversion of a gas transmission pipeline to carry up to 100% hydrogen Phase two testing now complete, confirming technical feasibility of converting 43km section of the PGP to transport hydrogen Phase three to progress and will include detailed safety studies and conversion plans A Pipeline Screening Tool has been developed to provide a high-level assessment of the hydrogen readiness of our existing gas pipelines 1. Estimated addressable market sizes in Australia. Estimates are based on a number of key assumptions, including in relation to macroeconomic factors, future technology advancements and costs, market demand, regulatory requirements and government policies and there can be no assurance the estimates are accurate. The actual addressable market sizes may differ materially from the estimates because events frequently do not occur as projected. apa APA FY23 Results Investor Presentation 24
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