Investor Presentaiton

Contents Important notice PremierOil Any securities referred to herein have not been, and will not be, registered under the Securities Act, and may not be offered or sold in the United States absent registration under the Securities Act except to qualified institutional buyers ("QIBS") as defined in Rule 144A under the Securities Act ("Rule 144A") or another exemption from, or in transactions not subject to, the registration requirements of the Securities Act. No money, securities or other consideration is being solicited, and, if sent in response to this document or the presentation or the information contained therein, will not be accepted. The Information is only addressed to and directed at specific addressees who: (A) if in member states of the European Economic Area (the "EEA"), are persons who are "qualified investors" within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (as amended) ("Qualified Investors"); and (B) if in the United Kingdom, are Qualified Investors who are: (i) persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order; or (C) are other persons to whom it may otherwise lawfully be communicated (all such persons referred to in (B) and (C) together being "Relevant Persons"). The Information must not be acted or relied on (i) in the United Kingdom, by persons who are not Relevant Persons and (ii) in any member state of the European Economic Area by persons who are not Qualified Investors. Any investment activity to which the Information relates (i) in the United Kingdom is available only to, and may be engaged in only with, Relevant Persons and (ii) in any member state of the European Economic Area is available only to, and may be engaged in only with, Qualified Investors. If you have received this Information and you are (i) in the United Kingdom and are not a Relevant Person, or (ii) are in any member state of the EEA and are not a Qualified Investor, you must not act or rely upon or review the Information and must return it immediately to the Company (without copying, reproducing or otherwise disclosing it (in whole or in part)). The Information may include forward-looking statements, which are based on current expectations and projections about future events. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target", "believe", "expect", "aim", "intend", "may", "anticipate", "estimate", "plan", "project", "will", "can have", "likely", "should", "would", "could" and any other words and terms of similar meaning or the negative thereof. These forward-looking statements are subject to risks, uncertainties and assumptions about the Company and its subsidiaries and its investments, including, among other things, the development of its business, trends in its operating environment, and future capital expenditures and acquisitions. The forward-looking statements in the Information speak only as at the date of the Information. Further, certain forward-looking statements are based upon assumptions of future events which may not prove to be accurate and neither the Company, the Banks nor any of their respective Related Persons, nor any other person accepts any responsibility for the accuracy or fairness of the opinions expressed in the Information or the underlying assumptions. Actual events or conditions are unlikely to be consistent with, and may differ significantly from, those assumed. In light of these risks, uncertainties and assumptions, the events in the forward-looking statements may not occur. No representation or warranty is made that any forward-looking statement will come to pass. No one undertakes to update, supplement, amend or revise any forward-looking statements. You are therefore cautioned not to place any undue reliance on forward- looking statements. It is a condition of you accessing the Information that you represent and warrant that: (i) you are a person to whom the Information may lawfully be communicated; and (ii) you have read, understood and agree to comply with the contents of this important notice. Barclays Bank PLC and RBC Europe Limited are authorised by the Prudential Regulation Authority (the "PRA") and regulated in the United Kingdom by the PRA and the Financial Conduct Authority. The Banks are acting exclusively for the Company, Chrysaor and no one else. Neither of the Banks will regard any other person (whether or not a recipient of the Information) as a client and will not be responsible to anyone other than the Company and Chrysaor for providing the protections afforded to its clients nor for providing advice in relation to the Information or any transaction, arrangement or other matter referred to in this Information. November 2020 222 P2

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