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Investor Presentaiton

CCS ECONOMICS DEPENDENT ON CONCENTRATION OF CO2 Costs highly dependent on concentration and proximity to underground storage CARBON CAPTURE AND STORAGE COSTS BY CONCENTRATION1 CCS cost ($/tonne) 600 200 100 Transportation Storage Capture U.S. 45Q2 CCS costs increase significantly at lower CO2 concentrations Existing policy has potential to support projects with high- concentration streams in close proximity to underground storage Broader application for lower-concentration streams requires additional policy support or market incentives Direct air capture will require both technology breakthroughs and policy support or market incentives 0 95+% ~5-15% (<1%) Direct air capture CO2 concentration Chart source: NPC CCUS study. ExxonMobil analysis of 3rd party reports. See Supplemental Information for footnotes. 63
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