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Amplitude Energy
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September 2025 Offshore Otway Basin Presentation
| Jane Norman | Page 3 of 11 |
October 16, 2026
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"September 2025 Offshore Otway Basin Presentation"
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SA VIC Bass Strait NSW Adelaide Melbourne Orbost Gas Plant— production from Sole, 68 TJ/d capacity, 2P Reserves support field life beyond 2033 Casino/Henry/ Netherby — producing gas fields Sole—producing gas field Athena Gas Plant— production from CHN and significant processing capacity up to 150 TJ/d Integrated operator across Gippsland & Otway Basins Amplitude Energy overview East Coast Supply Project (ECSP) to provide much-needed gas supply to the domestic east coast market and transform AEL’s portfolio. The ECSP is comfortably funded from organic cash generation and available liquidity 1 . 3 1 Liquidity of $248 million as at 30 June 2025 comprising cash, cash equivalents and available debt facilities plus organic cash generation based on Amplitude Energy’s base case corporate assumptions. Project funding is subject to customary project 80.7 109.3 127.5 173.9 39% 56% 58% 65% 30% 40% 50% 60% 70% 80% 20 40 60 80 100 120 140 160 180 FY22 FY23 FY24 FY25 Strong production growth (TJe/day) Higher earnings enabling growth funding (u-EBITDAX 3 $m \ margin %) 55.5 59.8 62.1 73.0 FY22 FY23 FY24 FY25 FY25 Net Production Indicative FY29 Net Production Post ECSP 2 73 TJ/day >110 TJ/day Gippsland Basin Otway Basin Cooper Basin