The Parex Advantage

Strategy: Strategic Levers to Grow 1 A Exploitation & Technology Unlocking extensive land base using proven technology Step change in capital efficiency 2 Onshore Gas Potential Targeting liquid-rich gas fields ■ Pursuing longer-term, world-class underexplored gas plays 3 Outsized Exploration Potential Focusing on transformational big 'E' exploration targets Colombia Advantage & ESG Sustainable Assets Business Fundamentals Growing Production Return of Capital buil 10 10

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