Investor Presentaiton

Rio Grande LNG Milestones Permits EPC SPAS All major approvals in hand including the LNG terminal design, and the ability to mobilize to site and perform full site preparation and test pilings Lump sum, turnkey contract with Bechtel Expected to be one of the lowest cost U.S.G.C. greenfield LNG projects built Shell SPA: 2 mtpa, 20-year FOB contract SPA negotiations advancing with multiple counterparties in Europe and Asia Competitively Priced, Greenest LNG¹ Financing To commence upon execution of additional SPAS 4 FID Expected in second half of 2022 on a minimum of two trains (11 mtpa) De-Risked and Shovel Ready 1 Limited amendment filed at FERC in November 2021 for CCS Project at RGLNG. FERC approval of CCS Project at RGLNG expected in 2022 RIO GRANDE LNG 13

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