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Investor Presentaiton

DELIVERY OF THE PLAN Q4 2023 Seplat nergy Priorities for 4Q 2023 Operational ■ Execute revised drilling plan to deliver six more wells in Q4 2023 ■ Continue to address natural decline and develop alternative export routes to improve revenue assurance Growth Complete ANOH gas plant ■ Work with government partners to deliver OB3 and Spur line for ANOH ■ Pursue approval for MPNU acquisition Financial KEY 2023 GUIDANCE ITEMS 2023 Initial Guidance 2023 Updated Guidance 9M23 Actuals Production (kboepd) 45-55 46-50 48.2 Operating costs ($/boe) 9.0-10.0 9.0-10.0 9.7 Capex ■ Deliver +ve FCF and further reduce Net Debt into year end 160 160-180 125 ($m) ■ Continue our commitment to reward shareholders Sustainability ■ Mature New Energy project evaluation process ■ Focus on Flares Out projects at Oben, Amukpe, Sapele, Jisike ■ Deploy renewable power in community projects 21 SEPLAT ENERGY INVESTOR PRESENTATION reliable energy, limitless potential
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