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Investor Presentaiton

COOPER ENERGY Increasing exposure to higher term and spot gas prices Group annual contracted gas quantities (Gippsland/Sole¹ + Otway/Casino Henry Netherby) PJ/annum 30 20 10 0- 2023 2024 2025 Price reviews/contract extensions have commenced 2026 2027 2028 ■Existing price (indexed) 2 ■Buyer extension option ³ 3 TJ/day (approximately) 82 ■Capped price review 4 Uncontracted/extension at market price 5 2029 2030 Continue to deliver even greater exposure to Southeast Australia spot gas prices 1Indicative annual contract quantity volumes shown assuming OGPP firm capacity of 55 TJ/d | 2Fixed price indexed to CPI | ³ Buyer option to extend under current terms | 4Price review subject to +/-20% movement in gas price 5Scope for parties to agree contract extensions on revised terms 55 - 27 COOPER 14 ENERGY
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