A New Global

Independent

O&G Company

April 2021

AGENDA

  1. Harbour Energy - a compelling investment opportunity
  2. A global portfolio with a material North Sea foundation
  3. Financial position and outlook

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HBR Investor Presentation | April 2021

A compelling investment opportunity

HARBOUR ENERGY

Active in

7 Countries

Norway

> 1,800 Employees

UK

Net Zero by 2035

Mexico

Brazil

Expectation of a

dividend near-term

Anew global independent O&G company

Vietnam

Indonesia

2P + 2C

1,691 mmboe1

Production

> 200 kboepd

Operating cost

<$15/boe

2021 FCF breakeven

$30-35/boe2

Falkland Islands

  1. Chrysaor's CPR as at 30 June 2020 less 2020 2H production; Premier's YE 2020 2P + 2C
  2. Including one-off transaction and refinancing costs, tax payments and hedging

Production Development Exploration/Appraisal

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HBR Investor Presentation | April 2021

HIGHLY EXPERIENCED LEADERSHIP TEAM AND BOARD

A majority independent Board with significant industry and / or public listed company experience

Linda Cook

CEO,

Executive Director

  • Former Managing Director and Executive Committee member of EIG Global Energy Partners (2014-2021) and former Chairman of Chrysaor (2017-2021).
  • Retired from Royal Dutch Shell in 2010, at which time she was on the Board of Directors and an Executive Committee member. Other positions held with Shell during her 29 years there included CEO of Shell Gas & Power, Executive Director & CEO of Shell Canada, EVP Strategy & Finance for Global Exploration & Production.

Phil Kirk

President & CEO of Europe,

Executive Director

  • Former CEO of Chrysaor, which he founded in 2007.
  • Oil & Gas UK Board member.
  • Established CH4 Energy in 2002 and was MD there until its sale to Venture Production in 2006.
  • After qualifying as a chartered accountant he joined Hess where he held several roles including Head of Finance, N.W. Europe.

Alexander Krane

CFO,

Executive Director

  • Will join Harbour as CFO on 15 April.
  • Former Investment Director at Aker ASA (2019-2021), responsible for all oil and gas investments.
  • Former CFO of Aker BP ASA (2016-2019) and its predecessor Det Norske (2012-2016), responsible for all financial functions, strategy and M&A.
  • Started his career at KPMG, working in both Norway and the US. He joined Aker ASA as the Corporate Controller in 2010.

R. Blair Thomas

Chairman

  • >30 years' experience in investment management with a focus on energy and infrastructure.
  • Blair is the CEO of EIG and chairs the Investment and Executive Committees.

G. Steven Farris

NED

  • Chairman and CEO of Apache Corp since 2009 and 2002, respectively, until retirement in 2015.
  • Member of the board of directors of Harbour Energy Ltd (EIG vehicle) since 2015 and NED of Chrysaor (2017-2021)

Simon Henry

Senior INED

  • 35 years in an executive career with Shell, retiring as CFO and Executive Director in 2017.
  • He has since developed a portfolio of non- executive and advisory roles, in both the public and private sector.

Anne Stevens

INED, Chair Remuneration Com.

  • >30 years' experience in manufacturing, management and executive roles.
  • Previously Exec. VP of Ford, CEO of Carpenter Technology, CEO of GKN Aerospace and chairman, CEO and principal of SA IT.

Anne Marie Cannon

Alan Ferguson

Margareth Øvrum

INED

INED, Chair Audit & Risk Committee

INED, Chair HSES Committee

Andy Hopwood

INED

  • >35 years' experience in the oil and gas sector through senior roles within investment banking and quoted companies.
  • Deputy Chair of Aker BP ASA, NED at STV Group and advisor at PJT Partners.
  • Former NED of Premier Oil.
  • >20 years of executive experience in mining and automotive industries.
  • Previously Group FD of Inchcape, the BOC group and CFO of Lonmin.
  • NED & ARC Chair at AngloGold Ashanti and Marshall Motor Holdings.
  • 39 years with Equinor, including 16 years on Executive Committee.
  • NED & ESG/Sustainability Committee member at TechnipFMC and FMC Corp.
  • Former NED of Alfa Laval, Atlas Copco, Ratos & Siemens Norway.
  • >40 years experience in the global oil and gas industry gained during his long association with BP.
  • Retired from BP in 2020, having spent 10 years serving as a member of BP's Executive Team and
    COO of Upstream.

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HBR Investor Presentation | April 2021

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Premier Oil plc published this content on 01 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2021 11:41:08 UTC.