Investor Presentaiton

COOPER ENERGY Positioned to capture long-term supply gap Market supports long-term growth opportunities at LNG import parity Southern states forecast supply/demand (source: AEMO), PJ/year¹ 500 Developed & committed Anticipated Other gas flow from North Gippsland, Otway & Bass Basins, WM commercial reserves (PJe)² 3,524 675 375 250 125 Gas diverted from LNG export - - - Demand Growing supply gap 494 308 227 140 0- 2023 2025 2027 2029 2031 2033 2035 2037 2039 2041 Gippsland Basin JV Beach Energy Cooper Energy Ofer Mitsui & Co Others Cooper Energy is the only company focused purely on the short Southeast Australian gas market and has the third largest commercial reserves² within the region, based on Wood Mac data 1Cooper Energy analysis of 2023 AEMO GSOO Report | 2Wood Mackenzie Upstream Australasia Insight Report (July 2021). Amounts shown here are Wood Mackenzie assessed commercial reserves. Wood Mackenzie Disclaimer: The data and information provided by Wood Mackenzie should not be interpreted as advice and you should not rely on it for any purpose. You may not copy or use this data and information except as expressly permitted by Wood Mackenzie in writing. To the fullest extent permitted by law, Wood Mackenzie accepts no responsibility for your use of this data and information except as specified in a written agreement you have entered into with Wood Mackenzie for the provision of such data and information. COOPER 5 ENERGY

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