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Investor Presentaiton

Accelerating Shareholder Returns and Value Growth A world-class African-focused E&P supporting sustainable shareholder returns and growth Building a diversified, African- focused E&P with meaningful upside Complementary asset base spanning Gabon, Egypt, Equatorial Guinea and Canada, diversifying production and revenue Robust net cash balance sheet providing a strong foundation for meaningful shareholder returns Significant cash distribution announced for 2023: ~US$0.25/share 2023 dividend and up to $30 mm share buyback program continuing into 2023 TE Step change in production and cash flows support sustainable returns and growth Near doubling of production and recognized material synergies supporting significant cash generation for shareholder returns and growth investment O Material reserves and production with a high-quality inventory of multi-year investment options Significant 1P and 2P (NRI) reserve base with upside associated with Equatorial Guinea Enlarged scale enhances investment proposition for the global capital markets Increased scale and profile promotes enhanced market visibility and uplift in trading liquidity 888 Proven team with an established track record of value creation Strong record of value creation and returns, coupled with returning value to shareholders, enhances investment thesis Slide 4
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