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Investor Presentaiton

Exploration and Production The biggest cash generator in an environment of recovering oil&gas prices Natural decline remains constant factor, still the increase in average hydrocarbon price boosts the segment result 53 34.9 2018 48 33.9 32 29.5 58 31 29.9 27.4 2019 2020 9M 2020 9M 2021 Total hydrocarbon production (MBOE/D) Average hydrocarbon price (USD/BOE) Proven and probable reserves breakdown (mmboe) by product Source: Company reports 5.0 52.0 58.0 4.0 48.0 55.0 4.0 44.0 47.0 2018 2019 2020 Oil Gas Condensate 14
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