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Investor Presentaiton

Business Development Afentra is leveraging extensive regional experience and network to deliver significant value African Pipeline of Opportunities • • . • Foothold established in Angola with initial acquisitions in Blocks 3/05 & 3/05A; long life production asset with low decline rate, material upside and future short-cycle developments Provides foundation for future growth and consolidation in Angola Similar scale & larger operated and non-operated opportunities onshore and offshore West Africa being evaluated Opportunity for new credible & responsible operators like Afentra to: • • benefit from the more pragmatic narrative for a just and responsible transition; and manage the oil & gas transition for the benefit of all stakeholders MATERIAL OIL & GAS RESOURCES (boe) ~100Bn LIFE OF DISCOVERED / DEVELOPED RESOURCES >20 years Wood Mackenzie 2020 Afentra plc An ability to create significant value from an industry transition that has just commenced 10
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