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Investor Presentation

UPSTREAM KEY START-UPS IN THE PLAN [2/2] COUNTRY PROJECT OPERATOR W.I. PRODUCTS FID START UP PRODUCTION (KBOED)A Baleine ph.1 83% Liquids/Gas 2022 2023 18 (100%) IVORY COAST Baleine ph.2 83% Liquids/Gas 2022 2024 38 (100%) LIBYA A&E Structure 50% Gas 2023 2026 (Struct. A) 160 (100%) Balder X N 58% Liquids 2019 2024 >70 (100%) b NORWAY Breidablikk N 22% Liquids 2020 2023 ~58 (100%) (Vår Energi) Johan Castberg N 19% Liquids 2017 2024 ~190 (100%)d UAE Dalma Gas 32 a Average yearly production in peak year/at plateau b Source: Vår Energi Q1 2022 results (total Balder field production) Source: Vår Energi Q3 2023 results d Source: IPO prospect Operatorship legend: Y (yes), N (no), J (joint) N 25% Gas 2019 2025 56 (100%)
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