Investor Presentaiton

UPSTREAM STRATEGIC PRIORITIES Delivering earnings growth and emission reductions STRATEGIC PRIORITIES 2021 PROGRESS Strengthen portfolio competitiveness Structural cost reductions, non-strategic divestments Earnings of ~$16 billion, highest since 2014 Reduced structural costs by ~$3 billion versus 2019 ~$1.5 billion of divestments; evaluating additional opportunities1 Execute industry-leading development portfolio Guyana, Permian, Brazil, and LNG Increased Guyana resource to more than 10 Boeb Grew Permian volumes by ~100 Koebd² Near-term LNG investments on schedule Reduce GHG emissions New 2030 plans, Permian net-zero Achieved 2025 emissions intensity-reduction plans in 20213 Established new 2030 GHG, flaring, and methane-reduction plans4 Developed plans for Permian net-zero GHG emissions by 20305 See Supplemental Information for footnotes and definitions. 24

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