Investor Presentaiton

II. Financial Forecasts for the Fiscal Year Ending March 31, 2024 FY3/23 Forecasts Million Yen Net sales Gross profit Operating profit Ordinary profit Profit (loss) attributable to owners of parent Oil Price and Exchange Rate JAPEX FY3/23 (a) FY3/24 (f) Change 336,492 300,600 (35,892) (11%) 96,111 75,300 (20,811) (22%) 62,085 41,200 (20,885) (34%) 83,130 45,500 (37,630) (45%) 67,394 34,000 (33,394) (50%) FY3/23 (a) FY3/24 (f) Change WTI USD/bbl 94.42 75.00 (19.42) Brent USD/bbl 75.00 Crude oil price (CIF) USD/bbl 102.26 75.00 (27.26) Exchange rate JPY/USD 132.86 125.00 (7.86) Copyright © 2023 Japan Petroleum Exploration Co., Ltd. (JAPEX) All Rights Reserved. 17

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