Investor Presentaiton slide image

Investor Presentaiton

Large portfolio of investment options Selecting investments to deliver maximum value Opportunity type Digital NPV/I range $US 40-60 WTI 30-500 Deep portfolio of projects > Optionality spans Upstream Representative projects Schedule optimization Workforce visualization Research & development Base optimization Advanced metallurgy Enhanced tailings Autonomous haul Debottlenecking 10-22 2-6 Enhanced extraction GHGi reduction 2-5 Heat recovery Syncrude MLX Development projects 1-5 In situ solvent Future opportunities Growth Aspen Unconventional 1-2 KC YEARS 1880-2020 Rigorous capital discipline > Maximize returns within existing assets > Volume growth without large investment ■ Priority on robust returns at low price. ▷ Value generation through cost reduction projects, research innovations and digital initiatives Imperial 2020 29
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