Investor Presentaiton

Reserves and contingent resources 204% organic 2P reserves replacement, well ahead of 100% five year average target Summary of reserves at 30 June 2019 (developed plus undeveloped, net to Beach) (MMboe) 1P reserves FY18 FY19 190 201 +6% 2P reserves 313 326 +4% 3P reserves 491 514 +5% 2C contingent resources 207 185 (11%) 2P reserves Taranaki Basin Western Flank Bass Basin Otway Basin 326 MMboe CBJV Highlights ✓ 2P reserves increased by 4% from 313 MMboe to 326 MMboe 204% organic 2P reserves replacement ✓ 2P reserves life increased from 11.0 years to 12.4 years beach ✓ Western Flank oil and gas had 2P Total Revisions of 22 MMboe Key factors influencing 2P reserves ✓ Sale of 40% interest in Victorian Otway assets ✓ Victorian Otway Basin: Rigorous reassessment of existing fields Western Flank: Positive reservoir performance and appraisal success ✓ Cooper Basin JV: Moomba South appraisal and oil appraisal results ✓ New 2P reserves booking at Trefoil, Haselgrove, La Bella Perth Basin 31 Refer to Compliance Statement slides for reserves disclosures.

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