Investor Presentaiton

Disciplined investment plan enabling growth and portfolio transformation Investments weight 2023-25 Net capex 2023-25 O >70% Growth & Transformation c.€0.3 bn Maintenance capex per year c.45% Low carbon projects Upstream Industrial & Midstream Renewables & NB Commercial 5 Investor Presentation > Uncommited Further Divestments c.€3 bn Angola (c.€1 bn p.a.) Commited 2024-25 2023 Gross Capex Divestments Net Capex Note: Investment plan up to 2025 considers no relevant capex to Rovuma LNG development, in Mozambique, nor potential further investments in Namibia, beyond the ongoing exploration campaign. galp

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