Investor Presentaiton

CO2 © 2023 Chevron Corporation Hess strengthens Chevron's long-term outlook Strategic fit Low-cost, long-lived resource High cash margin, premier assets Lowers upstream carbon intensity Projected benefits Enhances and extends growth into 2030s Accretive to cash flow per share* $1 billion annual synergies * Expected to be accretive to cash flow per share in 2025 after achieving synergies and start-up of the fourth floating production storage and offloading (FPSO) vessel in Guyana. Chevron 3

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