Transition to Renewable Energy

NZ$ MILLIONS 120 Financial health: Revenue growth YEAR ON YEAR REVENUE GROWTH 18% 4 YEAR REVENUE GROWTH 165% 100 Amadeus * Kupe Cue 80 80 60 40 20 0 JUN-20 JUN-21 JUN-22 * excludes Cue's share of Amadeus revenue which is included in the Cue segment REVENUE BY COUNTRY (NZ$M) JUN-20 JUN-21 JUN-22 29 26 23 22 19 0 0 NEW ZEALAND AUSTRALIA 43 JUN-23 15 17 33 29 29 INDONESIA REVENUE BY PRODUCT 2023 Crude oil and condensate 38% JUN-23 62% Natural gas and LPG New Zealand Oil & Gas Ltd [NZO] has a 50.04% interest in Cue Energy Resources Ltd [Cue]. Cue's full interest is shown. CO

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