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Investor Presentaiton

SUMMARY OF GROWTH STRATEGY 1 2 Cash flow generation Optimisation of existing assets Strong oil price environment resulting in increased free cash flow Utilising cash flows to optimise, appraise and develop existing assets to generate shareholder value Bass seeking to optimise existing wells to lift oil production, extend well life and increase netback margin ☐ Appraisal / 3 development 4 Exploration Seek to convert Worrior contingent resources to 2P reserves Additional development of Indonesian assets to expand production via drilling program currently scheduled for late 2021 Seeking material growth through exploration: Indonesian and Australian assets contain drill ready opportunities ☐ 5 Strategic acquisitions July 2021 With a foothold in both Indonesia and Australia, Bass is well placed to seek strategic additions to its portfolio that will increase shareholder value 15 15
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