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Investor Presentaiton

4 3 2 1 Enhances and extends growth outlook Net production potential MMBOED 2022 ■Chevron Legacy 2025 Eastern Med DJ © 2023 Chevron Corporation 2027 Bakken 2030 ■Guyana Production growth into 2030s Free cash flow more than doubles by 2027 Chevron 30 30 20 20 10 10 Free cash flow excl. working capital* at $70 Brent, $ billions 0 2022 2025 2027 Chevron Hess * 2022 FCF is normalized to $70 Brent, $3.50 Henry Hub, $8 international LNG, mid-cycle refining and chemical margins and excludes working capital. See Appendix for reconciliation of non-GAAP measures. 8
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