Investor Presentaiton

Technology is key to the future Enables production growth and emissions reductions Short Term Renewables and GHGi Medium Term Long Term Next-generation upstream technologies Energy diversification Ongoing • Cogeneration Renewable fuels Satellite methane monitoring Advanced fuels and lubricants LASER Underway • Heat recovery from boiler flue gas SA-SAGD Developing Advanced in situ technologies • •ELP •NCG ⚫EBRT ⚫CSP • Carbon capture and sequestration Next-generation technologies • • paired with CCS could result in incremental production at net- zero emissions Expanded use of renewable fuels and new product offerings Evaluating • Blue hydrogen Advanced biofuels Carbon fibre from bitumen Carbonate fuel cell technology Small modular nuclear reactors (SMR) Direct air capture Potential solutions in support of a net-zero future K YEARS 1880-2020 Imperial 2020 19

View entire presentation