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Investor Presentaiton

NIGERIA'S LEADING INDEPENDENT ENERGY PRODUCER Seplat is the investment partner of choice for Nigeria's transition to cleaner energy production 3 AT A GLANCE (9M 2020) AVERAGE DAILY VOLUME 50,653boepd CASH AT BANK US$213m SEPLAT IN SUMMARY Leading integrated > Driving Nigeria's energy transition energy producer > Major domestic gas supplier, fueling 30% of Nigerian electricity Diversifying business with gas revenues Eight blocks in the prolific Niger Delta > More than 500MMboe oil and gas reserves > Oil and gas fields with ideal locations and geologies Partner of choice for government and industry > Gas delivered 21% of group revenues in 9M 2020 > New 300MMscfd ANOH capacity coming onstream in late 2021 > Regarded as attractive and reliable partner for government projects > Strong industry relationships W.I. 2P OIL & GAS RESERVES 509 MMboe Multiple low- risk growth opportunities > Development of gas business as Nigeria transforms its energy > New opportunities in oil, Dual listed, with strong governance e.g. marginal fields, IOC divestments, M&A SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION > Nigerian Stock Exchange Premium Board > London Stock Exchange Main Market > International standards of governance
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