Path to Commercial Gas Production

MOU signed with UB Metan LLC UBM delivers connectivity to commercial gas sales for TTCBM Project ■ Non-binding gas offtake memorandum of understanding signed with UBM ■ UBM is Mongolia's largest importer of LNG, largest gas distributor and a Jade shareholder LNG-ENG-L.CN UB METAN ■ MOU delivers a framework for TTCBM Project commercial gas sales ■ Both parties to work toward a binding long-term gas sales agreement on commercial terms (post 2023 pilot production program at TTCBM) Aligned partnership focused on delivery of independent cleaner energy for Mongolia ■ UBM to potentially provide infrastructure to support on-site compression of natural gas (CNG) ■ CNG to be transported to Ulaanbaatar, nearby towns and mining sites LNG to market Storage Tank & Pump ГАЛЫН АЮУЛТАН UB META View of commissioned L-CNG fuelling station METAL N L ST G N LNG Tanker Truck G LNG Storage Tanks Pump station Vaporizer Storage System CNG Dispenser LNG Dispenser 13-215 Bus fuelling 9

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