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Investor Presentaiton

Kosmos PV-10 Summary Preparer: Parameters: Reserve Case: Summary PV-10 Information ($MM) Ryder Scott SEC 1P Ryder Scott PRMS 1P Ryder Scott PRMS 2P Ryder Scott PRMS 3P Brent Oil Price ($/bbl) $54.42 $60/$65/$70 $60/$65/$70 $60/$65/$70 Greater Jubilee Future Gross Revenue $2,753.1 $3,434.2 $7,177.2 $10,211.1 Deductions 1,752.0 1,752.0 1,842.8 1,857.1 Future Net Income (FNI) 1,001.1 1,682.2 5,334.5 8,354.1 Discounted FNI @ 10% Before Taxes 705.9 1,106.5 3,041.4 4,231.8 Discounted FNI @ 10% After Taxes $543.9 $771.9 $2,011.2 $2,783.0 TEN Future Gross Revenue $1,696.9 $2,112.7 $2,554.3 $2,758.0 Deductions 1,223.7 1,223.7 1,337.2 1,342.0 Future Net Income (FNI) 473.3 889.0 1,217.1 1,416.0 Discounted FNI @ 10% Before Taxes 405.3 668.2 Discounted FNI @ 10% After Taxes $418.1 $602.6 842.6 $719.5 934.2 $779.7 Total Ghana Future Gross Revenue $4,450.0 $5,546.9 $9,731.5 $12,969.1 Deductions 2,975.7 2,975.7 3,180.0 3,199.1 Future Net Income (FNI) 1,474.3 2,571.3 6,551.5 9,770.0 Discounted FNI @ 10% Before Taxes 1,111.2 1,774.7 3,883.9 5,166.0 Discounted FNI @ 10% After Taxes $962.0 $1,374.5 $2,730.7 $3,562.7 KOSMOS ENERGY. EG Future Gross Revenue $1,003.1 $1,244.9 $2,002.4 $2,726.7 Deductions 768.9 802.3 973.6 1,053.3 Future Net Income (FNI) 234.2 442.5 1,028.8 1,821.4 Discounted FNI @ 10% Before Taxes 768.9 802.3 973.6 Discounted FNI @ 10% After Taxes $129.5 $235.2 $508.3 1,053.3 $812.0 Total Company Future Gross Revenue $5,453.1 $6,791.8 $11,733.9 Deductions 3,744.6 3,778.0 4,153.6 Future Net Income (FNI) 1,708.5 3,013.8 7,580.3 $15,695.7 4,252.3 11,591.4 Discounted FNI @ 10% Before Taxes 1,880.1 2,577.0 4,857.5 6,219.3 Discounted FNI @ 10% After Taxes $1,091.5 $1,609.7 $3,239.0 $4,374.7 Less Net Debt $1,019.7 $1,019.7 $1,019.7 $1,019.7 After Tax PV-10 Less Net Debt/Share $0.18 $1.52 $5.70 $8.62 27 Source: Kosmos Energy 2017 10-K, Ryder Scott PRMS Reserve Report as of December 31, 2017 prepared on behalf of Kosmos Energy Note: After-Tax PV-10 Less Net Debt per Share calculated using fourth quarter 2017 weighted average share count of 389.1 million shares
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