RAPIDLY PROGRESSING GUYANA DEVELOPMENTS slide image

RAPIDLY PROGRESSING GUYANA DEVELOPMENTS

GROWTH POTENTIAL ACROSS NET-ZERO PATHWAYS Mix of energy sources and solutions required to achieve net zero • Broad range of demand evolution across net-zero scenarios INDUSTRY DEMAND¹ IN AVERAGE OF IPCC 2050 NET-ZERO SCENARIOS Mboed • Potential large markets and strong growth rates across lower-emission value chains +6% vs '20 Total • Potentially large markets of CCS, hydrogen and biofuels align with our businesses and core capabilities Existing businesses and market positions provide scale and integration benefits Flexibility to allocate resources to highest priority opportunity as markets evolve See Supplemental Information for footnotes and definitions. 2020 2030 2040 CCS, H2, Biofuels 2050 Oil & Gas (ex chem.) Chemicals Source: Integrated Assessment Modeling Consortium (IAMC) 1.5°C Scenario Explorer and Data, Hydrogen Council data, and ExxonMobil analysis. POTENTIAL MARKET SIZE BY 20502 Carbon Capture and Storage ~$4T Hydrogen Biofuels Traditional Oil & Gas Chemicals ~$1.5T ~$1T ~$6.5T ~$5T 14
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