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Investor Presentaiton

Strategic Rationale and Foundation for Consolidation C Mont D'Or is the foundation for further growth and CEQ's target of achieving >25,000 boe/d CRITERIUM ENERGY Illustrative accretive growth trajectory mboe/d Foundation for consolidation Provides immediate, stable cash flow base from which to grow 30 MOPL As an operator, CEQ gets a 'seat at the table' for larger acquisitions/consolidation options Bulu 25 Purchasing a fully functioning Indonesian company ☐ Motivated team with an inventory of immediate low capital optimization opportunities Indonesia based corporate services functions (HR, Finance) Strategic partners and relationships in region Crystalizes long standing relationship with Provident Capital ■ 20 15 10 5 Inherits relationship with reputable banks and lenders for future access to capital Acquisition A: Bi-lateral sale of high-netback production Acquisition B: Material gas and condensate production 0 2023 2024 2025 2026 2027 12
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