Oil Search : 2020 Annual Meeting Update

2020 ANNUAL MEETING UPDATE

Further to the Notice of Meeting and Addendum sent to the Members of Oil Search Limited (Oil Search or the Company) on 24 March 2020, the Company's Board provides the following update in respect of the eighty-ninth Annual Meeting (the Meeting) of Members of Oil Search to be held at

1.00pm (Sydney and Port Moresby time) on Friday 1 May 2020.

IN LINE WITH THE GOVERNMENT'S RESTRICTIONS IN RESPONSE TO THE COVID-19 PANDEMIC

AND IN THE INTERESTS OF PUBLIC HEALTH AND SAFETY,

MEMBERS WILL NOT BE ABLE TO PHYSICALLY ATTEND THE MEETING.

MEMBERS ARE PROVIDED WITH VARIOUS ALTERNATIVES TO PARTICIPATE IN THE MEETING

1. The Meeting will be held via a live webcast to allow Members, their proxies and corporate representatives to participate, including to submit questions and vote in real time. The attached Virtual Annual Meeting Guide provides instructions on how to access the dedicated website.
2. Members who do not intend to participate via the live webcast, may appoint the Chair of the Meeting as their proxy. Members can complete the proxy form to provide specific instructions on how a Member's vote is to be exercised on each item of business, and the Chair of the Meeting must follow your instructions. Proxy votes must be received by 1.00pm (Sydney and Port Moresby time) on Wednesday 29 April 2020. Please refer to the proxy form for further information.
3. Members may also submit questions before the Meeting to either the Company or the Auditor by including them on the proxy form, completing the online form at www.oilsearch.com/contact-us, or by email to [e-mail].
4. Teleconference facilities will be available to allow Members to listen to the meeting. Please note that Members who use this facility will not be able to submit questions or vote in real time. The teleconference numbers (which include a PNG number) are provided on the proxy form and are also available at www.oilsearch.com.

SPECIAL ARRANGEMENTS FOR THE 2020 ANNUAL MEETING

Given the extraordinary circumstances:

1. In order to satisfy PNG Companies Act requirements the place of the meeting will be held at the Company's office in Australia, however, it will not be accessible to any Members, their proxies or corporate representatives, or to any other non-staff attendees on the day of the Meeting.
2. The Meeting will consist only of the items of business set out in the Notice of Meeting and any other business put to the meeting in accordance with the PNG Companies Act. There will be no presentations by the Chair or the Managing Director. These will be lodged with the ASX and PNGX and made available on Oil Search's website before the commencement of the Meeting
3. The Chair, the Managing Director, the Group Secretary and other essential staff will physically attend the Meeting at the Company's office in Australia. All other directors, senior management and the Auditor will participate in the Meeting via audio and/or visual facilities.

The Oil Search Board is committed to protecting the health and safety of its stakeholders including its Members. It will continue to closely monitor developments in relation to the COVID-19 pandemic and may provide further updates on the Meeting as the situation evolves. Members should continue to monitor Oil Search's announcements and its website at www.oilsearch.com. Further details, including the Virtual Annual Meeting Guide and teleconferencing numbers, are available at www.oilsearch.com.

This document should be read in conjunction with the documents titled "Notice of Meeting 2020" dated 9 March 2020 and "2020 Notice of Meeting Addendum" dated 18 March 2020 which together constitute the notice of the eighty-ninth Annual Meeting of Oil Search Limited.

By Order of the Board

MICHAEL DREW GROUP SECRETARY 24 April 2020

Virtual Annual Meeting Guide

Getting Started

Due to Government restrictions on travel and public gatherings resulting from the global COVID-19 pandemic, we are offering the option to participate in the 2020 Oil Search Annual Meeting online, using your smartphone, tablet or computer.

In order to view a live webcast of the meeting, ask questions online and exercise voting rights in real time (For shareholders and appointed proxies). You will need to either:

1. Visithttps://web.lumiagm.com on your smartphone, tablet or computer. You will need the latest versions of Chrome, Safari, Internet Explorer 11, Edge and Firefox. Please ensure your browser is compatible; or
2. Download the Lumi AGM app from the Apple App or Google Play Stores by searching for Lumi AGM.

Meeting ID: 318-814-287

To log in, you must have the following information:

Australian Residents

Username (SRN or HIN) and Password (postcode of your registered address)

Overseas Residents

Username (SRN or HIN) and Password (three-character country code) e.g. Papua New Guinea - PNG; United Kingdom

• GBR; United States of America - USA; Canada - CAN. A full list is provided at the end of this guide.

Appointed Proxy

To receive your username and password, please contact Computershare Investor Services on [phone] between 8.30am to 5.00pm (AEDT) Monday to Friday.

The 2020 Annual Meeting commences at 1:00pm (Sydney time) on Friday 1 May 2020.

Online registration will open one hour before the start of the meeting.

1	To participate in the meeting, you will be required to	2	To proceed into the meeting, you will need to read and
enter the unique 9 digit Meeting ID provided above.	accept the Terms and Conditions.

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3 To register as a shareholder, select 'I have a login' and enter your username (SRN or HIN) and password (postcode or country code).

Virtual Meeting home page

4 Once logged in, you will see the home page, which displays the meeting documents and information on the meeting. Icons will be displayed in different areas, depending on the device you are using.

3a	If you are a visitor, select 'I am a guest' and enter
your name and email details. Please note, visitors will

not be able to ask questions or vote at the meeting.

To view the webcast you must tap the broadcast
5 arrow	on your screen. Video

and/or slides of the meeting will appear after approx. 30 seconds*.

*Dependant on the speed of your internet

Icon description

Broadcast bar allows you to view and listen to the meeting

Home page icon, displays meeting information

Questions icon allows shareholders to ask questions in real time

Voting icon allows shareholders to vote. Only visible when the chairman opens poll

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6 Voting - when the Chairman declares the poll open:

• A voting icon will appear on your device and the Meeting Resolutions will be displayed.
• To vote tap one of the voting options. Your response will be highlighted.
• To change your vote, simply press a different option to override.

The number of items you have voted or yet to vote on, is displayed at the top of the screen.

Votes may be changed up to the time the chairman closes the poll.

7 Questions - tap on the Question icon then to submit a question, please press the box that says 'Ask a question', compose your question and select the send icon .

Confirmation that your message has been received will appear.

Please note that only shareholders and/or an appointed proxyholder can ask questions.

On some devices, to vote, you may need to minimise the webcast by selecting the arrow in the broadcast bar, audio will still be available. To return to the webcast after voting, select the arrow again.

For Assistance

If you require assistance prior to or during the Annual Meeting, please call [phone].

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COUNTRY CODES Select your country code from the list below and enter it into the password field.

ABW ARUBA	CPV	CAPE VERDE	ISM	BRITISH ISLES
AFG AFGHANISTAN	CRI	COSTA RICA	ISR	ISRAEL
AGO ANGOLA	CUB CUBA	ITA	ITALY
AIA	ANGUILLA	CXR CHRISTMAS ISLAND	JAM JAMAICA
ALA	ALAND ISLANDS	CYM CAYMAN ISLANDS	JEY JERSEY
ALB ALBANIA	CYP CYPRUS	JOR JORDAN
AND ANDORRA	CZE CZECH REPUBLIC	JPN JAPAN
ANT NETHERLANDS	DEU GERMANY	KAZ KAZAKHSTAN
	ANTILLES	DJI	DJIBOUTI	KEN KENYA
ARE UNITED ARAB	DMA DOMINICA	KGZ KYRGYZSTAN
	EMIRATES	DNK DENMARK	KHM CAMBODIA
ARG ARGENTINA	DOM DOMINICAN REPUBLIC	KIR	KIRIBATI
ARM ARMENIA	DZA ALGERIA	KNA ST KITTS AND NEVIS
ASM AMERICAN SAMOA	ECU ECUADOR	KOR KOREA REPUBLIC OF
ATA	ANTARCTICA	EGY EGYPT	KWT KUWAIT
ATF	FRENCH SOUTHERN	ERI	ERITREA	LAO LAO PDR
	TERRITORIES	ESH	WESTERN SAHARA	LBN LEBANON
ATG ANTIGUA AND	ESP	SPAIN	LBR LIBERIA
	BARBUDA	EST	ESTONIA	LBY	LIBYAN ARAB
AUS AUSTRALIA	ETH	ETHIOPIA		JAMAHIRIYA
AUT AUSTRIA	FIN	FINLAND	LCA ST LUCIA
AZE	AZERBAIJAN	FJI	FIJI	LIE	LIECHTENSTEIN
BDI	BURUNDI	FLK	FALKLAND ISLANDS	LKA SRI LANKA
BEL BELGIUM		(MALVINAS)	LSO LESOTHO
BEN BENIN	FRA FRANCE	LTU	LITHUANIA
BFA BURKINA FASO	FRO FAROE ISLANDS	LUX LUXEMBOURG
BGD BANGLADESH	FSM MICRONESIA	LVA	LATVIA
BGR BULGARIA	GAB GABON	MAC MACAO
BHR BAHRAIN	GBR UNITED KINGDOM	MAF ST MARTIN
BHS BAHAMAS	GEO GEORGIA	MAR MOROCCO
BIH	BOSNIA &	GGY GUERNSEY	MCO MONACO
	HERZEGOVINA	GHA GHANA	MDA MOLDOVA REPUBLIC OF
BLM ST BARTHELEMY	GIB	GIBRALTAR	MDG MADAGASCAR
BLR BELARUS	GIN	GUINEA	MDV MALDIVES
BLZ BELIZE	GLP GUADELOUPE	MEX MEXICO
BMU BERMUDA	GMB GAMBIA	MHL MARSHALL ISLANDS
BOL BOLIVIA	GNB GUINEA-BISSAU	MKD MACEDONIA FORMER
BRA BRAZIL	GNQ EQUATORIAL GUINEA	MLI	YUGOSLAV REP
BRB BARBADOS	GRC GREECE	MALI
BRN BRUNEI DARUSSALAM	GRD GRENADA	MLT MALTA
BTN BHUTAN	GRL GREENLAND	MMR MYANMAR
BUR BURMA	GTM GUATEMALA	MNE MONTENEGRO
BVT BOUVET ISLAND	GUF FRENCH GUIANA	MNG MONGOLIA
BWA BOTSWANA	GUM GUAM	MNP NORTHERN MARIANA
BLR BELARUS	GUY GUYANA		ISLANDS
CAF CENTRAL AFRICAN	HKG HONG KONG	MOZ MOZAMBIQUE
	REPUBLIC	HMD HEARD AND	MRT MAURITANIA
CAN CANADA		MCDONALD ISLANDS	MSR MONTSERRAT
CCK COCOS (KEELING)	HND HONDURAS	MTQ MARTINIQUE
	ISLANDS	HRV CROATIA	MUS MAURITIUS
CHE SWITZERLAND	HTI	HAITI	MWI MALAWI
CHL CHILE	HUN HUNGARY	MYS MALAYSIA
CHN CHINA	IDN	INDONESIA	MYT MAYOTTE
CIV	COTE D'IVOIRE	IMN	ISLE OF MAN	NAM NAMIBIA
CMR CAMEROON	IND	INDIA	NCL NEW CALEDONIA
COD CONGO DEMOCRATIC	IOT	BRITISH INDIAN OCEAN	NER NIGER
	REPUBLIC OF		TERRITORY	NFK NORFOLK ISLAND
COG CONGO PEOPLES	IRL	IRELAND	NGA NIGERIA
	REPUBLIC OF	IRN	IRAN ISLAMIC	NIC	NICARAGUA
COK COOK ISLANDS		REPUBLIC OF	NIU	NIUE
COL COLOMBIA	IRQ	IRAQ	NLD NETHERLANDS
COM COMOROS	ISL	ICELAND	NOR NORWAY

NPL NEPAL

NRU NAURU

NZL NEW ZEALAND OMN OMAN

PAK PAKISTAN

PAN PANAMA

PCN PITCAIRN ISLANDS PER PERU

PHL PHILIPPINES PLW PALAU

PNG PAPUA NEW GUINEA POL POLAND

PRI PUERTO RICO

PRK KOREA DEM PEOPLES

REPUBLIC OF

PRT PORTUGAL

PRY PARAGUAY

PSE PALESTINIAN TERRITORY OCCUPIED

PYF FRENCH POLYNESIA QAT QATAR

REU REUNION

ROU ROMANIA

RUS RUSSIAN FEDERATION RWA RWANDA

SAU SAUDI ARABIA KINGDOM OF

SCG SERBIA AND MONTENEGRO

SDN SUDAN

SEN SENEGAL SGP SINGAPORE

SGS STH GEORGIA & STH

SANDWICH ISL SHN ST HELENA SJM SVALBARD & JAN

MAYEN

SLB SOLOMON ISLANDS SLE SIERRA LEONE SLV EL SALVADOR SMR SAN MARINO SOM SOMALIA

SPM ST PIERRE AND

MIQUELON

SRB SERBIA

STP SAO TOME AND

PRINCIPE

SUR SURINAME

SVK SLOVAKIA

SVN SLOVENIA

SWE SWEDEN SWZ SWAZILAND SYC SEYCHELLES SYR SYRIAN ARAB

REPUBLIC

TCA TURKS AND CAICOS ISLANDS

TCD CHAD

TGO TOGO THA THAILAND TJK TAJIKISTAN TKL TOKELAU

TKM TURKMENISTAN TLS EAST TIMOR

DEMOCRATIC REP OF TMP EAST TIMOR

TON TONGA

TTO TRINIDAD & TOBAGO TUN TUNISIA

TUR TURKEY

TUV TUVALU

TWN TAIWAN

TZA TANZANIA UNITED

REPUBLIC OF

UGA UGANDA

UKR UKRAINE

UMI UNITED STATES MINOR OUTLYING

URY URUGUAY

USA UNITED STATES OF AMERICA

UZB UZBEKISTAN

VAT HOLY SEE (VATICAN

CITY STATE)

VCT ST VINCENT & THE

GRENADINES VEN VENEZUELA VGB BRITISH VIRGIN

ISLANDS

VIR US VIRGIN ISLANDS VNM VIETNAM

VUT VANUATU

WLF WALLIS AND FUTUNA WSM SAMOA

YEM YEMEN

YMD YEMEN DEMOCRATIC YUG YUGOSLAVIA SOCIALIST

FED REP

ZAF SOUTH AFRICA ZAR ZAIRE

ZMB ZAMBIA ZWE ZIMBABWE

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