Investor Presentaiton

2023 Alaska Investor Trip Net Zero Commitment Commitment for Pikka Phase 1 to be net-zero (Scope 1 and Scope 2 emissions, equity share) from first oil • Optimize projects for lower emissions intensity • Develop portfolio of offset opportunities to enable net zero development - Partnering with Native Corporation on • improved forestry project Generate high-quality carbon offsets Alaska positioning to be a global decarbonisation leader - Santos joined a consortium in 2022 to pursue CCS projects in Alaska leveraging federal funding Santos EHSS AWARD 2023 Decarbonisation Alaska Net Zero Commitment Alaska Director's Award in Decarbonisation for first Santos project with net zero commitment at FID Santos Sen. Lisa Murkowski@lisamurkowski Aug 11 Great news: U.S. Department of @ENERGY has announced that a world- class consortium here in Alaska will receive an award from our bipartisan infrastructure law to demonstrate the viability of an Arctic Direct Air Capture Hub Testing Ground. energy.gov Project Selections for FOA 2735: Regional Direct A... Project Selections for FOA 2735: Regional Direct Air Capture Hubs - Topic Area 1 (Feasibility) and Topic.... 21 13 8 53 o 4,978 Sen. Lisa Murkowski@lisamurkowski Aug 11 Congratulations to ASRC Energy Services, Santos, Repsol, and Storegga― can't wait to see what their good work holds for this project and our state. 17 4 ihl 2,217 3 11 Consortium application selected for award of federal funds to assess feasibility of direct air capture in the Arctic 17

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