Investor Presentaiton

South Africa Block 2B Highly Prospective Orange Basin Slide 17 Chariot Rhino Galp Galp Venus-1 Kudu gas field Discovery Shell Luderitz NAMIBIA Windfire Petroleum TotalEnergies/ Impact/Qatar Graff-1 Discovery Sungu Sungu PetroSA Shell Azinam/ Africa Oil Ibhubesi AFRICA ENERGY BLOCK 2B gas field A-J1 Oil Discovery 37 MMbbl Contingent SOUTH AFRICA 0 100km TotalEnergies Total/Impact PetroSA TotalEnergies/ Shell/Petro SA Oil fields/Discoveries Gas fields/Discoveries Prospects/Lead Power Plant 1,350 MW Refinery 100k bbl/d Power Plant Cape Town 170 MW AE AFRICA ENERGY Basin Highlights Chevron Kudu gas discovery in 1974 Soekor Ibhubesi gas discovery in 1986 • Soekor A-J1 oil discovery on Block 2B in 1988 Total Venus and Shell Graff oil discoveries in 2022 Gazania-1 drilling on Block 2B by October 2022 ILA DINNO ATC Island Innovator rig contracted by Block 2B joint venture to drill Gazania-1 well. Africa Energy | March 2022

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