Investor Presentaiton

The energy transition will present significant growth opportunities driving us to balance distributions with investing for growth and investing in the business APA is pursuing growth opportunities in select asset classes Contracted Renewables and Firming Electricity Transmission We are supporting Australia's energy transition through investment in Gas Transportation Investing in growth • • Opportunities presented by Australia's energy transition Disciplined investments in growth to create value for our securityholders, our customers and our communities Investing in our business • • Maintaining our assets and social licence to operate Improving our foundations to facilitate growth, drive business resilience and deliver our climate objectives Sustainable capital strategy • FY24 DPS guidance of 56.0 cps¹ Future Energy • Striking the right balance between distribution growth and facilitating long-term value-accretive growth • Maintaining investment grade credit ratings 1. Distribution guidance is subject to asset performance, macroeconomic factors, regulatory changes as well as timing of distributions from non-100% owned assets, with distributions to be determined at the Board's discretion. It does not take into account the impact of any potential acquisitions or divestments by APA and any associated funding arrangements, other than the acquisition of Alinta Energy Pilbara and the associated Placement and Security Purchase Plan announced today. apa APA FY23 Results Investor Presentation 41

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