Domestic Inventory and Well Costs

1 POINTFIVE DAC DEVELOPMENT IRA enables an updated DAC development base case of 100 plants by 2035 Global net-zero support scenario - potential for 135 DAC plants with increase in global policy incentives and demand led by net-zero business targets DE-RISKING & INNOVATION Market acceleration and growing demand for high- quality removals (CDRs) Estimated # of plants online PRE-IRA SCENARIO IRA-ENABLED ACCELERATION • Continued process innovation to drive down costs 2021 2024 - 2025 2030 2031 2035 41 11 100 70 OXY

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