Expanding in Circular Economy

UNIT FREE CASH FLOW AT 15 USD/BBL IN Q1-Q3 2023 71 64 PRICE REALIZATION, EBITDA, SIMPLIFIED FCF 1,2 (USD/BOE) 42 71 110 57 55 82 62 Brent price Realized HC price Unit EBITDA 25 27 18 15 Unit Simplified FCF 9 2018A 2019A 2020A 2021A 2022A 2023Q1-Q3 992 747 409 971 1,905 365 SFCF (USD mn) 1 Simplified free cash flow = EBITDA less Organic CAPEX; Norway tax refund effect excluded; Entitlement production basis; figures include equity assets and ACG/BTC contribution from 16th April 2020 2 Breakdown of price realization and SFCF figures exclude results of discontinued operations, as of 01.01.2021. MOLGROUP | 48

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