Investor Presentation

FINANCIALS TECHNOLOGY 8 ENERGY EVOLUTION NATURAL RESOURCES INTRO TOWARDS A NET ZERO ENERGY BUSINESS MULTIPLE BUSINESS LEVERS TO REACH TARGETS NET ABSOLUTE GHG EMISSIONS (SCOPE 1+2+3) 2018 505 MtCO2eq 2030 MtCO2eq 0 328 2050 NET ZERO UPSTREAM MIDSTREAM DOWNSTREAM CCUS OFFSET UPSTREAM Production plateauing and gas share growing to 60% by 2030 BIOENERGY Capacity to reach >5 MTPA by 2030 (>20% CAGR 2022-2030) RENEWABLES Capacity to reach >15 GW by 2030 (~30% CAGR 2022-2030) CCS CO2 volumes stored to reach 30 MTPA by 2030 FUSION SPARC net energy pilot plant in 2025 ARC first industrial fusion power plant by early 30s

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