Investor Presentaiton

90.4 MBOEPD DELIVERED IN LINE WITH GUIDANCE FOR 2023 PRODUCTION1 (MBOEPD) 120.3 111.3 0.0 18.0 97.0 92.0 91.6 90.4 42.0 17.0 40.0 13.9 14.1 13.9 22.7 22.2 20.3 20.2 69.3 62.3 57.3 56.0 57.2 56.4 нн нн 2022A 2023Q4 2023A CEE 2019A 2020A ACG 2021A E&P International excl. ACG COMMENT 2023 FY production guidance (~90mboepd) was achieved Production was 91.6 mboepd in Q4 2023, up 4.8 mboepd QoQ CEE: +2.7 mboepd Production commitment towards Hungarian authorities met; Contributions from cross-boarder production of HU-CRO International: +2.0 mboepd Shaikan production for domestic sales, ACG entitlement increased due to PSA mechanism First gas reached in Kazakhstan in december 2023 6.3 UNIT DIRECT PRODUCTION COST¹ (USD/BOE) 5.8 4.9 2019A 2020A 389 346 2019A 2020A 2021A CAPEX¹ (USD MN) 422 2021A 6.0 5.1 2022A 2023A 414 413 2022A 2023A COMMENT Q4 group unit OPEX fell q-o-q to 6.0 USD/boe as one-off effects drove OPEX upwards in Q3 Annual upward move of 18% reflects inflationary pressures and higher realized energy prices COMMENT Organic CAPEX showed a small decrease in 2023 reflecting lower exploration activity and the suspension of development projects in Kurdistan after export pipeline shutdown 1 Figures include consolidated assets, JVs (Baitex) and associates (Pearl, BTC), 2019 and 2020 figures are including UK production MOLGROUP | 40

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