Introducing Mubadala Petroleum

About Mubadala Petroleum

500+employees from more than 30 countries

Top quartilesafety performance

85%local workforce in Southeast Asia

57%emiratization in the Abu Dhabi headquarters

Zero spillsabove one barrel

15 safety awardsfor Thailand, Indonesia and Malaysia

36% female employeessupporting diversity and inclusion

Abu Dhabi headquarters

345,000 barrels current working interest production per day

62% natural gas weighted portfolio

Mubadala Petroleum is a leading international oil & gas company recognized for our people, partnerships and operating excellence.

Established in 2012, over the years we have built a diverse portfolio of assets and operations spanning ten countries, with a primary geographic focus on the Middle East and North Africa, Russia and Southeast Asia.

Our portfolio is competitively positioned to ensure we are consistently delivering returns to our shareholder and meeting growing energy demand in a safe, sustainable and efficient way.

Mubadala Petroleum is wholly-owned by Mubadala Investment Company (Mubadala), which is owned by the Government of Abu Dhabi.

Our Impact

4,200+ scholarships provided to underprivileged school and university students

Award winning environmental and waste management programs for the communities

25% GHG reduction from our operated assets between 2017 and 2020

COVID-19 relief a consistent donor of PPEs, food packs, test kits, and air purifying respirators

300+ community investment projects that lead to transformational change into peoples’ lives implemented to date

Since our inception, sustainability has been an essential foundation of our strategy underpinned by the belief that creating value for our shareholders, our employees, and wider society is key to the resilience of our business.

Our Sustainability Framework guides all our activities, balancing our passion for people, with our commitment to creating a positive environmental impact, whilst delivering on our promise of value creation for our shareholder.

Mubadala Petroleum aims to have a positive long-term impact by creating and contributing to sustainable development programs in the communities in which we operate. This approach is inspired by the values of the UAE’s Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, who believed in human development, sustainability and respecting all mankind.

Russia

Gazpromneft-Vostok Joint Venture

Holding: 44% interest in Joint Venture to develop and produce oil reserves in West Siberia, in partnership with Gazprom Neft and the Russian Direct Investment Fund.

Production: 32,500 barrels of oil per day in 2020.

Egypt

Zohr gas field

Holding: 10% participating interest (Partner).

Production: In 2020, the field achieved 2 billion cubic feet of gas per day (bcfd).

Summary: Giant gas field in the Shorouk Concession offshore the Mediterranean.

Exploration blocks:

20% participating interest in the Nour offshore exploration concession in the Mediterranean.

27% participating interest in Block 4 exploration block in the Red Sea.

Midstream: Arab Petroleum Pipelines Company (SUMED)

Holding: Mubadala Petroleum manages Mubadala’s 15% stake in SUMED.

Location: Headquartered in Alexandria.

Summary: Egyptian oil and gas service provider that owns and operates pipelines and associated storage facilities connecting the Red Sea and the Mediterranean.

Mubadala Petroleum’s Global Footprint

Established in 2012, we are one of the strategic companies managed under the UAE Investments Platform of Mubadala Investment Company, with a focus on building a portfolio of energy assets that deliver attractive and sustainable returns to our shareholder.

Upstream oil and gas exploration, development and production activities are the core of Mubadala Petroleum’s business. We manage assets and operations across 10 countries with a primary geographic focus on the Middle East, North Africa, Russia and Southeast Asia. Our deep upstream operating capabilities span across our positions in Malaysia, Thailand and Indonesia.

62%Gas38%Oil

Upstream

Gas

Midstream Downstream

Oil PakistanPAK ArabRefinery LTD (PARCO)

OmanMukhaizna field

UAEHeadquarters

QatarDolphin Energy

MalaysiaPegaga field development (op)

IndonesiaRuby field (op)West Sebuku (op)Andaman I (op)South Andaman (op)Andaman II

ThailandJasmine field (op)Manora field (op)Nong Yao field (op)G6/48Erawan field*

RussiaGazpromneft-Vostok JV

Egypt

Zohr field

Arab Petroleum PipelinesCompany (SUMED)

Nour ConcessionBlock 4

USAFund Investment in Unconventionals

*Commencing on 24 April 2022(op) = operator

Working interest production 345,000 boepd

GRI 102-2, 102-4, 102-5, 102-6, 102-7, 102-45

Mubadala Petroleum 2020 Sustainability Report9

Mubadala Petroleum at a Glance

Our Approach to Sustainability

Strategy & Operating Philosophy ESG Performace Appendices

Our Portfolio

Mubadala Petroleum’s Global Footprint

Established in 2012, we are one of the strategic companies managed under the UAE Investments Platform of Mubadala Investment Company, with a focus on building a portfolio of energy assets that deliver attractive and sustainable returns to our shareholder.

Upstream oil and gas exploration, development and production activities are the core of Mubadala Petroleum’s business. We manage assets and operations across 10 countries with a primary geographic focus on the Middle East, North Africa, Russia and Southeast Asia. Our deep upstream operating capabilities span across our positions in Malaysia, Thailand and Indonesia.

62%Gas38%Oil

Upstream

Gas

Midstream Downstream

Oil PakistanPAK ArabRefinery LTD (PARCO)

OmanMukhaizna field

UAEHeadquarters

QatarDolphin Energy

MalaysiaPegaga field development (op)

IndonesiaRuby field (op)West Sebuku (op)Andaman I (op)South Andaman (op)Andaman II

ThailandJasmine field (op)Manora field (op)Nong Yao field (op)G6/48Erawan field*

RussiaGazpromneft-Vostok JV

Egypt

Zohr field

Arab Petroleum PipelinesCompany (SUMED)

Nour ConcessionBlock 4

USAFund Investment in Unconventionals

*Commencing on 24 April 2022(op) = operator

Working interest production 345,000 boepd

GRI 102-2, 102-4, 102-5, 102-6, 102-7, 102-45

Mubadala Petroleum 2020 Sustainability Report9

Mubadala Petroleum at a Glance

Our Approach to Sustainability

Strategy & Operating Philosophy ESG Performace Appendices

Oman

Mukhaizna oil field

Holding: 15% participating interest (Partner).

Production: 91,000 barrels of oil per day in 2020.

Summary: Located in Block 53, the field development utilizing the most extensive steam flood application in the region to date.

Qatar | UAE

Dolphin Energy

Holding: Mubadala Petroleum Manages Mubadala’s 51% interest.

Production: Over 9.5 trillion cubic feet of export gas.

Summary: Foundational asset in Mubadala’s portfolio, providing reliable gas supply to the UAE and Oman via a subsea pipeline since 2007.

ThailandWith a presence since 2004, Mubadala Petroleum is today the second largest crude oil operator in the Gulf of Thailand from three producing fields.

Jasmine oil field*

Holding: 100% working interest in Block B5/27 (Operator).

Production: Over 80 million barrels to date.

Manora oil field*

Holding: 70% working interest in Block G1/48 (Operator).

Production: Over 20 million barrels to date.

Nong Yao oil field*

Holding: 90% working interest in Block G1/48 (Operator).

Production: Over 18 million barrels to date.

Erawan gas field

Holding: 40% working interest in Block G1/61 (Partner).

Summary: Currently in preparation phase, PTTEP Energy Development Company Limited will commence operatorship in April 2022.

Malaysia

Pegaga gas field development*

Holding: 55% working interest in the offshore SK320 block (Operator) in partnership with Petronas Carigali and Sarawak Shell Bhd.

Summary: Construction and installation stage have been completed with first gas expected in Q1 2022.

Indonesia

Ruby gas field*

Holding: 70% working interest (Operator).

Production: Over 240 billion cubic feet of gas to date.

Summary: Supplying gas reliably to the domestic market since 2013, Mubadala Petroleum is also the operator of West Sebuku and Andaman I and South Andaman exploration blocks, and a partner in Andaman II.

*Operator

Pakistan

Downstream: Pak-Arab Refinery Ltd (PARCO)

Holding: Mubadala Petroleum manages Mubadala’s 30% stake.

Summary: With refining capacity of 120,000 BPD, PARCO is the largest fully integrated energy company in Pakistan focused on refining, transportation, storage and marketing and distribution of LPG.

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Mubadala Petroleum