Cooper Energy

Congratulations Chad Wilson on your one year anniversary with Cooper Energy.

Today we released our FY25 Q1 financial results, reporting a significant production and revenue uplift driven by improved performance at the Orbost Gas Processing Plant (OGPP). Highlights • Q1 FY25 record quarterly production and revenue: total production of 6.85 PJe or 74.5 TJe/d, (+17% on Q4 FY24 on a daily average basis) and revenue of $65.8 million (+15% on Q4 FY24) • Record OGPP production rates: of 62.3 TJ/d for the quarter (+22% on Q4 FY24), including the highest monthly average in Sole/OGPP history at 66.2 TJ/d for September. • OGPP improvement project: continues to deliver results, with record runtime of 10 weeks achieved between an absorber clean and the shortest-ever duration for an absorber clean • Record quarterly spot gas sales: equivalent to 15.2 TJ/d, driven by higher and more consistent production from OGPP, with no spot gas purchases required during the quarter • East Coast Supply Project (ECSP): continues to be progressed with the order of long-lead items and ongoing discussions with foundation gas customers Full details are available on our website www.cooperenergy.com.au

Friday 4 October 2024 Release of 2024 Company Reports Today we released our FY 2024 Annual Report and FY 2024 Sustainability Report which outline in detail our operations, safety and financial performance, and showcase the Company’s sustainability performance across our environment, social and governance activities. Some highlights from the Annual Report: • More than $10 million annualised net savings • Higher and more reliable production from Orbost • Completion of the Basker, Manta and Gummy (BMG) well decommissioning project Some highlights on our Sustainability performance: • 50% female Board of Directors • 1 lost time injury and 689,398 hours worked • ~$60 million in purchases from SA and Victorian-based suppliers The reports are now available to download and read at the Cooper Energy website www.cooperenergy.com.au

We are excited to share Cooper Energy ranked #17 in the annual SA Business Index of the top 100 private and public companies in the state, up 15 places from the previous year.   The ranking, released by InDaily last week, is a definitive guide to the state’s leading companies and we’re proud to be recognised as one of them.   View the full list below.   #delivertogether #SAtop100

Our Orbost Gas Processing Plant (OGPP) team goes from strength-to-strength with a number of new gas production records set over the past week: • Record 7-day average of 68.0 TJ/d • Record 14-day average of 67.2 TJ/d • Record 60-day average of 65.4 TJ/d  • Record 90-day average of 60.5 TJ/d   The latest absorber #2 clean (completed last Wednesday, 18 Sept) also brought new records with: • A record absorber #2 run length of 68 days – nearly 10 weeks without a clean, compared to ~2 week cleaning cycles in 2023! • The shortest absorber cleaning duration on record at just 7.8 hours • Just 23.5 hours taken to restore peak gas rates through the absorber, the shortest time on record   Meanwhile, new stainless steel packing installed in absorber #1 has had a number of benefits: • Reduced absorber fouling and improved throughput • Current absorber #1 run-time of 4 weeks since the last clean and counting (double its average 2023 run-time) Well done to the Orbost and Engineering teams! #DeliverTogether

Natural gas supports Australian manufacturing, generating the extreme heat used to add value to Australia's resources. Learn more: https://lnkd.in/efxAA8Dz #keepingthecountryrunning #naturalgas #natgas #manufacturing #energy

Reminder - ASX Diversity Webinar with Chief Executive Women and Out Leadership Join a thought-provoking education session discussing diversity, equity and inclusion in the workplace with ASX, Chief Executive Women (CEW) and Out Leadership including Cooper Energy Manager Director and CEO Jane Norman Register now https://lnkd.in/gPpeqT7k Hear from CEW as they present the results from the Chief Executive Women Senior Executive Census. Now in its eighth year, the Census tracks the annual progress of women’s representation in senior leadership teams in Australia’s top companies. The report ranks S&P/ASX 300 companies by their proximity to achieving 40:40:20 gender balanced leadership teams. We will also feature Out Leadership who advocate for LGBTQ+ inclusion and equality in every level of business and who connect and develop LGBTQ+ and Ally leaders across the globe. Please join us for this online panel discussion to hear how setting diversity targets with clear accountabilities; investing in diverse, gender balanced talent pipelines; and building inclusive, flexible, and respectful workplaces will lead to diversity, equity and inclusion in Australian workplaces. Event details: Date: Tuesday 17 September 2024 Time: 11:00am - 12:00pm AEST Format: Virtual event If you have any queries please contact [email protected]. Should you wish to forward this invite, please share this link with them.

What a night! ⚡ ✨ Last night, we had the privilege of hosting around 200 energy industry movers and shakers at the 2024 Annual Energy Awards Dinner, where we celebrated the remarkable efforts, achievements and forward-thinking projects within SA's energy industry. A big shout out to our fantastic keynote speaker, Anna Wiley for taking us through the key industry trends and challenges of copper mining as we transition to a world of renewables and electric vehicles. Let's also take a moment to give a round of applause (again!) to our incredible award winners: 🥇 Sir Eric Neal, inducted into the Energy Hall of Fame 🏆 James Sobey from Cooper Energy, our 2024 MinterEllison Young Energy Professional Award Winner 🌐 ElectraNet Pty Ltd's Project EnergyConnect, taking home the 2024 SA Energy Project of the Year Award. These awards highlight the exceptional contributions and innovations powering South Australia's energy landscape. With a record-breaking number of nominations this year, the competition was fiercer than ever, showcasing the amazing breadth of practical, future-focused projects happening across the state. None of this would have been possible without the support of our incredible sponsors and partners. A huge thanks to our Annual Dinner sponsor Santos Ltd, our Young Energy Professional Award sponsor MinterEllison and our corporate sponsors Australian Gas Infrastructure Group (AGIG), Fyfe Pty Ltd, RAA and SA Power Networks. We couldn't have done it without you! 🙌

🌟 Congratulations to James Sobey from Cooper Energy for winning the prestigious Australian Institute of Energy Young Energy Professional Development Award! This award is a testament to James's dedication and outstanding contribution to the energy sector. Being recognised as an outstanding professional under 35 highlights his bright future in shaping the industry. We are incredibly proud to have such talent at Cooper Energy as we continue your focus on our role in the energy transition. Well done, James! 👏 #EnergyLeadership #YoungProfessionals #EnergyTransition #CooperEnergy #AIE

Today, Cooper Energy released our FY24 Full Year Results. Highlights §  Record annual production: up 4.2% to 62.1 TJ-equivalent per day or 22.7 PJ-equivalent §  Record annual underlying EBITDAX: up 16.7% to $127.5 million §  Record adjusted cash from operations1: up 19.8% to $114.8 million §  FY24 guidance: met FY24 production, production expenses and capex guidance §  Orbost Gas Processing Plant (OGPP): performance improvement plan delivering strong results, daily nameplate production capacity reached in July and numerous production records set over the past month §  BMG wells decommissioning: completed in May 2024 §  Transformation programme: $10.5mm in net savings realised at end FY24, including a 24% reduction in net G&A costs from FY23, with potential for further meaningful savings in FY25 §  OGPP third absorber: decision made to not proceed with installation of a third absorber at OGPP §  East Coast Supply Project (ECSP): maintaining project timeline with procurement of long-lead items to deliver a 3-well programme with first gas in 2028 §  FY25 guidance: expecting increased production driven by performance improvements at OGPP, full benefit of cost-out programme and an increase in capex, largely due to ECSP Full details are available on our website www.cooperenergy.com.au