Investor Presentation December 2020 slide image

Investor Presentation December 2020

Pilot at a Glance ASX Code: Capital Structure Issued shares (10 December 2020) 1, 2 1,2 • Market Capitalisation (10 December 2020) 1, 2 • Cash on hand (10 December 2020) PGY 218.4 million $7.2 million $2.0 million • Reserves & Resources Proved & Probable Reserves 2,3 • 2C Contingent Resources 2,3 Renewable Projects (Underdevelopment) • Wind/Solar Power (MW) - • Hydrogen (kg/day) • CCS/CCUS (tonnes per annum) 0.06 0.05 0.04 0.03 0.02 0.01 0 12/9/19 12/23/19 - 1/6/20 1/20/20 2/3/20 2/17/20 3/2/20 3/16/20 3/30/20 4/13/20 4/27/20 5/11/20 5/25/20 6/8/20 Share price Volume Close 6/22/20 7/6/20 7/20/20 8/3/20 ་།། །།། 8/17/20 8/31/20 9/14/20 9/28/20 10/12/20 10/26/20 11/9/20 11/23/20 12/7/20 ~1,000,000 BOE • 1,300+ Up to 250,000 Up to 2 million Mid-West Integrated Renewables and Hydrogen • Mid-West Offshore Wind/Onshore Wind + Solar Arrowsmith Blue/Green Hydrogen • Cliff Head CCUS Exmouth Carnavon 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 South-West Blue 1,000,000 Hydrogen + CCS Perth 0 Kwinana Blue Hydrogen Bunbury 1. Following approved share issuance based on $0.033/share equity raise price sought at EGM to be held on 10 December 2020 2. Subject to PGY shareholder approval, the Company is to acquire Royal Energy Pty. Ltd. With the consideration to be the issuance of an additional 136,363,636 PGY shares. Upon completion of the Royal Energy acquisition PGY will (1) on a pro forma basis have 365,900,904 shares on issue and (2) hold an indirect 21.25% interest in the Cliff Head Oil Field. 3. Approximately 300,000boe associated with the Cliff Head project remains under review and may be reclassified as reserves subject to the finalisation of new oil sales agreement to replace existing BP Kwinana arrangements 4 Investor Presentation December 2020 ⚫ Harvey CCS Port Hedland WA Pilot Energy SA NT
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