Investor Presentaiton

Fiscal & Taxation Regime A liberalized regime for investors ✰ Low Royalty Rates to incentivize exploration in offshore areas Type of Hydrocarbons Duration Royalty Rates (Oil) Royalty Rates (Natural Gas) Onland Throughout 12.5% 10% Shallow water Throughout 7.5% 7.5% Deep water First 7 years Nil Nil After 7 years 5% 5% Ultra-Deep water First 7 years Nil Nil After 7 years 2% 2% No oil cess will be applicable on crude oil production from the blocks Custom duty exemption on goods and services imported for petroleum operations Benefits under Income Tax Act

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