Investor Presentaiton

INDUSTRY-LEADING INVESTMENTS Prioritizing low cost-of-supply, low emissions-intensity opportunities UPSTREAM INVESTMENTS1 Brent price required to generate the cost-of-supply plus 10% return 50 40 40 30 $35/bbl 20 10 0 2022-2027 Cumulative Capex See Supplemental Information for footnotes and definitions. Industry-leading investments focus on high-return, low cost-of- supply, and lower emissions-intensity projects >90% of capital investments generate >10% return at <$35/bbl¹ ~70% of 2022-2027 Upstream investment in strategic developments (Guyana, Permian, Brazil, and LNG) Developments with low emissions intensity contribute to 40- 50% reduction in GHG intensity by 20302 25 25

View entire presentation