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Buru Energy Ltd
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November 2024 Corporate Presentation
| Thomas Nador | Page 1 of 11 |
May 25, 2026
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"November 2024 Corporate Presentation"
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BuruEnergyLimitedLevel2,16OrdStreet,WestPerthWA6005 Telephone:1800337330Email:info@buruenergy.comABN:71130651437 ASXAnnouncement 21November2024 GeneralMeeting–AddressesandCorporatePresentation BuruEnergyLimited(Buru,Company)(ASX:BRU),ispleasedtoprovidetheattached addresstobemadebytheChairofBuruEnergy,DavidMaxwell,andaddressand presentationtobemadebyCEOThomasNadorattheCompany’sGeneralMeetingtobe heldtodayinPerth. TheCEOMrThomasNadorsaid: “ThisisanimportantdecisionfortheCompanyandacleardemonstrationofwhatis requiredtodelivertheRafaelProject. BuruEnergyhasagreatassetinRafael,andwithfocusandcapitaldisciplinetheplanisto buildaKimberleygasbusinessthatwillgenerateenduringmaterialcashflowsand significantlyincreasedshareholderreturns. Highlights •BuruEnergyhasundertakenacomprehensivebusinessreviewand implementedimmediatemeasurestore-settheCompany’sfocusand capitaltothedevelopmentofitsRafaelProject. •Thereviewhasresultedinatargetedheadcountreductionof40%,a reductionofDirectorfees,theforfeitingoftheCEO’s2024Short-Term Incentives,andothermeasurestodelivera$3millionreductionin annualexpenditure. •BuruEnergyisdeferringallnon-coreCanningBasinexploration activitiesandovertimewillrationaliseitsacreagepositioninthebasin. •BuruEnergyplanstomonetiseits2HResourcesandBattminsubsidiary companiesandhasrestrictedexpenditureofitsGeoVaultsubsidiaryto thesupportoftheRafaelProject. •AssessmentofalternativesalesroutesforUnganicrudeoilcontinuesto enableproductionresumptionandprovideneartermcashflow. •BuruEnergyiscompetitivelypositionedtoestablishacompelling foundationKimberleygasbusinesstogeneratelongtermcashflow whichwillunderpintheCompany’srighttogrow.