Investor Presentaiton

Strategically aligned growth Santos Domestic gas and LNG export opportunities supported by discovered resource base and onshore exploration and appraisal program + Opportunities to create value through strategic partnerships to bring discovered resources to market, leveraging Santos' strong operating capabilities Darwin LNG potential expansion footprint + Darwin LNG planning approvals in place to support expansion up to 10 mtpa Train 1 Western Australia & Northern Territory Site Visit 2019 bea halban plung Train 2 footprint 28

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