Investor Presentaiton

2023 Alaska Investor Trip Environmental Protocols and Standards Across the North Slope • Responsible development is important to local communities, the State of Alaska and North Slope oil and gas operators • Authorizations required from multiple federal, state, and local regulatory agencies - Most undergo public review and stakeholder engagement prior to authorization • All off-pad activity requires pre-approval - - Access to tundra is limited by season and requires approved low-impact vehicles Single-season ice roads and pads are used for exploration & construction • All fuel/chemical storage and transfer areas require secondary containment, regardless of tank size • Air quality/emissions, waste storage/disposal, and water use are strictly regulated Detailed plans guide waste management, wildlife interaction, water discharge, spill prevention and response • Wildlife have the right-of-way - Strict wildlife non-interference policy, includes complete avoidance of denned bears and nesting migratory birds Reference: North Slope Environmental Field Handbook (2020) provides a basic overview of environmental issues on the North Slope and how Operators minimize the effect of operations on the environment Santos 13

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