Investor Presentaiton

PXT - Snapshot Largest independent Colombian oil & gas company Land position of ~5.8MM net acres Production and reserves growth く Growing on an absolute and per share basis Industry-leading netbacks Unhedged producer with exposure to Brent oil price No debt and return of capital track record Over C$1B returned to shareholders since 2017(1)(2) Top-tier ESG performance Premium scores from independent ESG agencies Shares Outstanding (basic)(2) Market Capitalization (2) PAREX RESOURCES INC. Venezuela Panama 12' COLOMBIA Brazil 115.5 Million ~C$2.9 Billion Ecuador Peru PXT Blocks (1) Includes share repurchases via normal course issuer bid and dividends. (2) As at April 30, 2022. 2

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