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South Africa Block 2B Contingent & Prospective Resources Un-risked Recoverable Oil Resources (MMbbls) Gross 2C Contingent Best Estimate Prospective Resources Resources 1,000 800 600 400 200 118 MMbbl 3C 37 MMbbl A-J downdip P50 400 MMbbl High Est. 186 MMbbl 163 MMbbl Gazania Pelargonium Ursinia 225 MMbbl 400 MMbbl..... Namaqualand Eastern Margin Prospects 3D Seismic Required Oxalis 104 MMbbl A-J Graben Prospect Map Senecio 18 MMbl Ursinia A-J1 well Euphorbia 25 MMbl Gazania Proposed well location Northern Graben Axial Delta Play 37 MMbbl Contingent, 163 MMbbl Prospective Pelargonium Namaqualand Halfmens 78 MMbl AE AFRICA ENERGY ** A-J Graben Axial Delta Play Discovery and Prospects A-J Graben** Northern Graben** 0 6km Prospects Other A-J Graben Prospects These volumes have been subject to a resource assessment by a qualified third-party resource auditor. These volumes have been disclosed as an arithmetic sum of multiple estimates of contingent and prospective resource, which statistical principles indicate may be misleading as to volumes that may actually be recovered. Readers should give attention to the estimates of individual classes of resources and appreciate the differing probabilities of recovery associated with each class as disclosed in Schedule A of the Company's Annual Information Form filed on Sedar May 10, 2021. All of the Contingent Resources are classified as Development Unclarified. These volumes are Company estimates and have not been subject to assessment by a qualified third-party resource auditor. Slide 19 Africa Energy | March 2022

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