Financial Results for the Year ended December 31, 2020

from the beginning

Financial Resultsfor the year ended December 31, 2020

• Agenda

• Cautionary Statement(Slide only)

Corporate Overview

Presenter：

Takayuki Ueda
Representative Director, President & CEO

• FY 2020/12 Financial Results Highlights

• Ichthys LNG Project

• Exploration Blocks in the Vicinity of Ichthys LNG Project

• Abadi LNG Project

• Progress on other key overseas projects supporting our business

• Natural Gas Business in Japan and Renewable Energy Business and Carbon Recycling

• FY2020/12 Net Production Volume

• Production Cost and Proved & Probable Reserves

• Investment and Cost Reduction Measures, Securing Sufficient Liquidity and Free Cash Flow

Business Development Strategy - Towards a Net Zero Carbon Society by 2050

• Business Development Strategy - Towards a Net Zero Carbon Society by 2050 (1)

• Business Development Strategy - Towards a Net Zero Carbon Society by 2050 (2)

• Change of Corporate Name

Progress against Medium-term Business Plan 2018-2022

• Progress against Medium-term Business Plan 2018-2022 and FY 2021/12 Outlook (1)

• Progress against Medium-term Business Plan 2018-2022 and FY 2021/12 Outlook (2)

• Progress against Medium-term Business Plan 2018-2022 and FY 2021/12 Outlook (3)

Consolidated Financial Resultsfor the year ended December 31, 2020

Presenter：

Daisuke Yamada
Director, Managing Executive Officer,
Finance & Accounting

• Comparison of FY2020/12 Results with the same period last year

• Highlights of the Consolidated Financial Resultsfor the year ended December 31, 2020

• Crude Oil Sales

• Natural Gas Sales (excluding LPG)

• Statement of Income

• Analysis of Income before One-off Profit (Loss) Decrease

• Analysis of Impact of One-off Profit (Loss)

• Balance Sheet

• FY2020 Cash Flow

Consolidated Financial Forecasts for the year ending December 31, 2021

• Consolidated Financial Forecasts for the year ending December 31, 2021

• FY2021/12 Financial Forecasts Analysis of Increase

• Sales and Investment Plan for the year ending December 31, 2021

• Net Income Sensitivities