Investor Presentaiton

INCREASING COMPETITIVENESS AND PRODUCTIVITY Upgrading our portfolio and driving operating and capital efficiencies EARNINGS GROWTH POTENTIAL 1,2 Billion USD, $60/bbl real Brent and average margins Mix Upstream Product Solutions 50 30 Mix Upstream Product Solutions Volume Structural cost reductions 20 20 10 10 0 Volume Structural cost reductions 2019 2022 2025 2027 See Supplemental Information for footnotes, definitions, and reconciliations. . Delivering structural improvements - - - Safety, reliability, and maintenance performance GHG emissions-intensity reductions Cost and capital efficiencies Investing in competitively advantaged projects ― Guyana, Permian, Brazil, LNG, and Chemical performance products Growing high-value products - Chemical performance products, biofuels, and lubricants Maintaining capital discipline and flexibility • Progressing divestments of non-strategic assets 11

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