Santos : Annual General Meeting – COVID-19 Precautions including Voting by Proxy

Santos today announced that due to continuing developments in relation to COVID-19, all resolutions at the Santos Limited Annual General Meeting (AGM) will be decided based on proxy votes. In light of the Australian Government's ban on public gatherings of 100 or more people, Santos is not able to allow shareholders to physically attend the AGM. The AGM will be webcast live as in prior years.

Santos understands and respects the importance of the AGM to shareholders, however, the health and safety of shareholders, employees and the broader community is paramount. Santos takes seriously its responsibility to the wider community to slow the spread of the virus by not creating environments of heightened risk.

The AGM will proceed as announced in the 4 March 2020 Notice of Meeting on Friday 3 April 2020 at 10:00am Adelaide time. The AGM will be made accessible to shareholders via a live webcast which will include the facility for shareholders to ask questions in relation to the business of the meeting. Instructions to join the webcast will be published on the Santos website.

In the meantime, shareholders are advised that all resolutions will be decided based on proxy votes which must be received by 10:00am Adelaide time on Wednesday 1 April 2020. Lodgement instructions (which include the ability to lodge proxies electronically) are set out in the Notice of Meeting and on the Santos website.

Shareholders are also invited to submit questions in advance of the meeting. Instructions on how to do this will be published on the Santos website.

The situation regarding COVID-19 is evolving rapidly and Santos is following the health advice of the Australian Government. Shareholders are encouraged to monitor the Santos website for any further updates in relation to arrangements for the AGM. Santos appreciates the understanding of its shareholders as it navigates this difficult situation.