Transition to Renewable Energy

net mmboe Growth on a solid reserves base 90 Producing & Development 80 70 60 60 50 40 40 30 20 20 10 10 0 NZ Assets 2.0 Australian Assets 12.1 Indonesian Assets NZOG 2P Total Reserves + 2C Contingent & 2U Unrisked Prospective Resources as at 1 July 2023 millions of barrels of oil equivalent, net to NZOG (inc. Cue Share) Increase Decrease Total 2.1 16.3 EOFY23 Annual Report Mereenie 2C 5 7.5 Palm Valley 2C Appraisal 4.0 6.1 2.3 27.2 1.1 Sampang PSC 2C Development + Appraisal... Palm Valley Prospective 2U Dingo Prospective 2U Exploration 4.8 78.8 36.6 L7-EP437 Unrisked Gas 2U L7-EP437 - Unrisked Oil 2U Total Including Exploration... 29

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