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Investor Presentaiton

Western Australia domestic gas market Santos Santos holds a strong position in Western Australia and is the leading supplier to the domestic market¹ 1 EnergyQuest Quarterly Report September 2019 Western Australia & Northern Territory Site Visit 2019 + 107.3PJ of sales gas supplied to the WA market 2019 Q3 YTD + Strong domestic market outlook with resilient demand from large industrial customers + Integration of Quadrant Energy enhances the scale of our core WA business + Santos now supplies one third of the domestic WA market¹ + Strong infrastructure position supports brownfield growth including tie-backs (eg Corvus) + + 'Open for business' tolling services to maximise use of existing infrastructure (eg Varanus Island) Successful review of capacity has allowed Santos to optimise production across hubs 12
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