The Parex Advantage
Continued Top-Tier ESG Performance
E
■ Reduced GHG intensity by 37% (scope 1 & 2) since 2019
Cabrestero solar field completed; projected to avoid 3,500 tCO2-e per year
■ Plan to eliminate routine flaring by 2025
-S-
■ Invested over US$5 million in communities in 2022
Increased clean drinking water access for over 30,000 people since 2017
■ 17 houses built for disadvantaged families since 2017
G
■ 30% Board diversity target met ahead of aspiration
9 out of 10 independent directors
External Recognition
MORNINGSTAR SUSTAINALYTICS
ESG
INDUSTRY
TOP RATED
2023
27.2 Rating(1)
6th Percentile among global E&Ps
Scale: 0 to 50 risk high exposure
CCC B
AA
AA AAA
MSCI
ESG RATINGS
BB BBB A
AA Rating (2)
Scale: AAA to CCC
2022 variable compensation 21% linked to ESG metrics
41番を
PARE
Bloomberg
Gender-Equality
Index
2022
MJSI
JANTZI SOCIAL INDEX
A
(1) As of July 2023, Parex received an ESG Risk Rating of 27.2 from Morningstar Sustainalytics and was assessed to be at Medium Risk of experiencing material financial impacts from ESG factors (6th Percentile). In no event the presentation shall be construed as investment advice or expert opinion as defined by the applicable legislation. Such information and data are
proprietary of Sustainalytics and/or its third-party suppliers and are provided for informational purposes only. (2) As of July 10, 2023, Parex received an MSCI ESG Rating of AA (on a scale of AAA-CCC). The use by Parex of MSCI ESG Research LLC or its affiliates ("MSCI") data, and the use of MSCI logos, trademarks service marks or Index names herein, do not constitute 22
a sponsorship, endorsement, recommendation, or promotion of Parex by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided "as-is" and without warranty. MSCI names and logos are trademarks or services marks of MSCI.View entire presentation