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Investor Presentaiton

II. Financial Results for the Fiscal Year Ended March 31, 2023 FY3/23 Results (Year-on-Year) Million Yen Net sales Gross profit Operating profit Ordinary profit Profit (loss) attributable to owners of parent Oil Price and Exchange Rate JAPEX FY3/22 (a) FY3/23 (a) Change 249,140 336,492 +87,351 +35% 49,903 96,111 +46,208 +93% 19,809 62,085 +42,276 +213% 43,674 83,130 +39,456 +90% (30,988) 67,394 +98,383 FY3/22 (a) FY3/23 (a) Change WTI* USD/bbl 64.06 94.42 +30.36 Crude oil price (CIF) USD/bbl 73.28 102.26 +28.98 Exchange rate JPY/USD 111.2 132.86 +21.66 * FY3/22 is the WTI average for JACOS's diluted bitumen sales (8 months from January to August 2021) Copyright © 2023 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved. 11
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