Transition to Renewable Energy

• Disclaimer Notice This presentation contains summary information about New Zealand Oil & Gas Limited [NZO or Company] and its activities which is current as at the date of this presentation and remains subject to change without notice. The information in this presentation is of a general nature and does not purport to be complete, nor does it contain all the information which a prospective investor may require in evaluating a possible investment in the Company or that would be required in a product disclosure statement under the FMCA or a product disclosure statement or prospectus under the Corporations Act [Australia]. No information set out in this presentation will form the basis of any contract [with the exception of the paragraph labelled "Acceptance" in this Disclaimer). The historical information in this presentation is, or is based upon, information that has been released to NZX Limited [NZX] and ASX Limited [ASX]. This presentation should be read in conjunction with the Company's annual report, market releases, and other periodic and continuous disclosure announcements, which are available at www.nzx.com/companies/NZO or www.nzog.com/investor-information/. Not an offer: This presentation is not a prospectus or product disclosure statement or other offering document under New Zealand law or any other law. This presentation is for information purposes only and is not an invitation or offer of securities for subscription, purchase or sale in any jurisdiction. Not financial product advice: This presentation is for information purposes only and is not financial product advice or a recommendation. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives and situation and consult a financial adviser, solicitor, accountant, or other professional adviser, if necessary. Past or future performance: Information given in this presentation is based on information currently available and is for illustrative purposes only and should not be relied upon as [and is not] an indication of future performance. No representations or warranties are made as to the accuracy or completeness of such information and under no circumstances should you regard the inclusion of forward-looking statements in this document as a guarantee of future performance. Forward-looking information is inherently uncertain and subject to contingencies, known and unknown risks and uncertainties and other factors, many of which are outside of the Company's control, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct. Non-GAAP/IFRS financial information: Certain financial information included in this presentation is unaudited non-GAAP/non-IFRS financial information. The Company's financial statements have been prepared in accordance with Generally Accepted Accounting Practice, comply with the New Zealand Equivalents to International Financial Reporting Standards [NZ IFRS) and International Financial Reporting Standards (IFRS) and are available via the NZX here or New Zealand Oil & Gas here. Distribution of presentation: This presentation must not be distributed in any jurisdiction to the extent that its distribution is restricted or prohibited by law or would constitute a breach by the Company of any law. This presentation is not for distribution or release in the United States. None of the company, any person named in this presentation or any of their affiliates accept or will have any liability to any person in relation to the distribution or possession of this presentation from or in any jurisdiction. Currency: All currency amounts in this presentation are in NZ dollars unless stated otherwise. Disclaimer: To the maximum extent permitted by law the Company, and its respective affiliates, related bodies corporate, directors, officers, partners, employees, agents and advisers disclaim all liability and responsibility [whether in tort (including negligence) or otherwise] for any direct or indirect loss or damage which may be suffered by any person through use of or reliance on anything contained in, or omitted from, this presentation. Reserves: The reserves and resources disclosed here for NZO's existing assets (including Cue's] are as included in our 2023 annual report, released to the market on 27 September 2023. All compliance statements included at that time remain relevant. NZO confirms that it is not aware of any material changes since that time. NZO conducts regular reviews and any material changes will be announced to the market accordingly. Prospective resources relating to the L7 and EP437 permits and farm-ins are included here as per Triangle Energy's public release on 12 April 2022. For the prospective resources (including] those potentially accessible through the Triangle farm-in, the estimated quantities of petroleum that may potentially be recovered by the application of a future development project[s] relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons. Acceptance: By attending or reading this presentation, you agree to be bound by the foregoing limitations and restrictions and, in particular, will be deemed to have represented, warranted, undertaken and agreed that: (i) you have read and agree to comply with the contents of this Disclaimer and Important Notice; (ii) you are permitted under applicable laws and regulations to receive the information contained in this presentation; (iii) you will base any investment decision solely on information released by the Company via ASX or NZX; and (iv) you agree that this presentation may not be reproduced in any form or further distributed to any other person, passed on, directly or indirectly, to any other person or published, in whole or in part, for any purpose. m

View entire presentation