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Investor Presentaiton

A RICH PORTFOLIO OF OIL & GAS ASSETS Seven onshore blocks in the prolific Niger Delta, ideally located for oil exports and internal gas demand centres OIL BUSINESS GAS BUSINESS Sep nergy OML40 SIBIRI ABIALA OML41 OPUAMA GBETIOKUN SAPELE Chevron ESCRAVOS TERMINAL OML4 OBEN OKPORHURU AMUKPE OROGHO AEP OVHOR OML38 RAPLE LACT UNIT TFP UMUSETI WARRI WARRI FORCADOS REFINERY TERMINAL NIGERIA =size of the Republic of Ireland Gulf of Guinea > Key assets OMLS, 4, 38 & 41 now have access via AEP to Escravos Terminal, as well as through the Forcados Oil Terminal (FOT) and the Warri Refinery > OML 40 export via the Trans Escravos Pipeline (TEP) to FOT NIGERIA - New Export Pipeline JISIKE ASHAKA IGBUKU OML56 OHAJI SOUTH PORT HARCOURT IDAMA NEMBE ROBERTKIRI BRASS TERMINAL OWERRI OML53 INDA BONNY TERMINAL ANOH Gas Project OML55 (fin interest) eni > Avg. 9M 2023 WI Oil > 2P WI Oil Reserves¹ Production 8 SEPLAT ENERGY INVESTOR PRESENTATION 28,069 bopd Lagos Industry. Wagp Egbin/AES Agura (CNL) Papalanto (CNL) Abuja Omotosho (CNL) ELPS Ajaokuta Steel Geregu (SPDC) Azura IPP Eyean (Pan Ocean /CN) OML4 Sapele OML40 (SPDC) Oben Quantum OBEN HUB OML38 Sapele OML41 Jones Creek OB3 Pin Pipeline NIGERIA Existing Power/Industries Cluster CPF/Gas Supply Field Key Future Gas Supply Field Existing or Oil Development Existing Domgas Supply NGMP CPF Existing Domgas Pipeline ----- New Domgas Pipeline OML53 OPL283 Egbema (Addax / NPDC / SPDC) Egbema ANOH HUB Odidi NGMP CPF Warri Ughelli Eriemu Biseni ANOH Escravos Terminal Delta III/IV Utorogu Obiafu Uzere Okpokunou Obite Ogara Forcados Terminal Bemadi Iseni Bayelsa (SPDC) Koroama Gbaran 7Ubie - Zarama O Kolo Creek Obite (EPNL) ' (EPNL) EA Expected First Gas 3Q 2024 O H-Block OML55 Alaoji (SPDC) Calaber (Addax) Imo River Rumuji Agbada Obigbo Afam V -Afam VI Okoloma Alscon Utapate Soku Cawthorne Channel Notore Alakiri Ibom/ Ikot Abasi (SPDC) Brass Terminal 206 MMbbls > Assets strategically placed close to end markets, positioning Seplat to capitalise on the domestic gas opportunity > We believe the ANOH development at OML 53 is one of the largest greenfield gas and condensate developments in the Niger Delta > Avg. 9M 2023 WI Gas Production 116.5 MMscfd OMLS 4,38 & 41 OML 56 (1) OML53 OML 55 Assessed independently by Ryder Scott, as at 1 January 2023 OML 40 Bonny (SPDC) Bonny Terminal > 2P WI Gas Reserves¹ 1,343 Bscf reliable energy, limitless potential
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