Geopark Ltd · NYSE:GPRK
Geopark — Investor Presentation (September 2025)
17 slides from Geopark's investor presentation, September 2025
Slide 1: Corporate Presentation September 2025
CORPORATE PRESENTATION S e pt em b er, 20 2 5
Slide 2: Disclaimer
DISCLAIMER CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION The information contained herein has been prepared by GeoPark solely for informational purposes. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability o
Slide 3: GeoPark: 23 Years of Experience
GeoPark 23 Years of Experience Net Daily Production in Other Countries (BOEPD) Net Daily Production in Colombia (BOEPD) 40,046 40,192 37,602 38,620 36,027 36,563 33,937 27,586 28,223 22,394 19,654 20,370 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1H2025 OPERATIONS LISTED ALL EMPLOYEES AR
Slide 4: 2Q2025 Results
2Q2025 Results Solid Performance in a Challenging Price Environment 28,223 boepd $257 M $159 M Production 1H2025 Revenues 1H2025 Adj. EBITDA 1H2025 27.380 boepd 2Q2025 62% EBITDA Margin $266 M 1.1x $12.3/boe Cash Debt Net/EBITDA Operating Costs Jun, 2025 Jun, 2025 Per Produced Barrel 4
Slide 5: Distinctive Portfolio
DISTINCTIVE PORTFOLIO 5
Slide 6: Llanos 34 - A World-Class Asset
LLANOS 34 - A WORLD-CLASS ASSET Chiricoca KE Y ME TRICS VENEZUEL VENEZUELA Chachalaca Llanos A Basin LLA-34 Tilo LL-34 COLOMBIA Max ECUADOR COLOMBIA Tigana BRAZIL ECUADOPERU R BRAZIL PERU Guaco Tarotaro 17,605 94% 7.0 8.1 Years* Tua Net BOPD Production efficiency kgCO2e/BOE 2P Reserve Life GeoPark P
Slide 7: CPO-5 – Optimizing Production
CPO-5 – OPTIMIZING PRODUCTION KE Y ME TRICS Llanos 34 Block VENEZUELA Jacana Field CPO-5 Cabrestero Block COLOMBIA ECUADOR BRAZIL PERU Maripo sa Field 6,100 8 33 MMBBL GeoPark Producing Oil Fields Indico Field Other Producing Oil Fields Net BOPD Producing wells Production 3D Seismic Acquired (2Q2025
Slide 8: Llanos Basin Exploration and Appraisal Campaign
LLANOS BASIN EXPLORATION AND APPRAISAL CAMPAIGN O PP OR TUNI T I ES I N WEL L-KNO WN B ASI N 2 0 2 5 CA MP AI GN Ge oPark Exp loration Blocks Ge oPark Producing Blocks Ge oPark Producing Oil Fields LLANOS 104 Other Pr oducing Oil Fie lds 3D Seismic Acquired LLA NO S 8 7 Ven cejo-1 • Drilling the fir
Slide 9: Financial Flexibility and Stewardship
LONG-TERM VISION AND TARGETS FINANCIAL FLEXIBILITY AND STEWARDSHIP 10
Slide 10: Cost & Capital Efficiency
COST & CAPITAL EFFICIENCY STRONG OPERA TING PER FORMANCE D RIVES LONG -TERM EFFICIENCY Operating Netback ($MM) = Ajusted EBITDA + G&A/G&G RETURN ON AVERAGE CAPITAL EMPLOYED (ROACE) OF 26%* 70 0 CAPEX ($MM) 10 00.0 Operating Netback/CAPEX Ratio (x) 593 90 0. 0 60 0 507 80 0. 0 479 453 50 0 447 70 0.
Slide 11: Strong Balance Sheet with Safety Nets in Place
STRONG BALANCE SHEET WITH SAFETY NETS IN PLACE AS SETS, LIABILITIES A ND SAFETY NETS CAS H PO SI T IO N ($MM) $226 MM Hedges in Place Securing 160 (86) Cash Aug 31, 2025 Base Oil Price (49) 90 (49) S R S 277 (47) (15) (16) 266 $1.8 BN* $495 MM Bond 2P Net Present Value Maturing 2030 (8.75% Coupon) ~
Slide 12: Hedging Program Secures Base Oil Price
HEDGING PROGRAM SECURES BASE OIL PRICE APPROACH ❖ Low-Cost Operator 12-15 MONTHS 50-70% 86% AVERAGE HEDGING RATIO (2025) Tenor PRODUCTION 50% AVERAGE HEDGING RATIO (2026) ❖ World-Class Asset Quality Hedge Target HE DG E BO O K OV ERV IE W T OP TI ER AN D DI VERS I FI ED CO UN TER PART S BRENT $ /BBL
Slide 13: 2025 Provides Unique Entry Point
2025 PROVIDES UNIQUE ENTRY POINT ATTRA CTIVE NAV/SH ARE VA LUATION TRADING BELOW HISTORICA L MULTIPLE S EV/EBITDA 7.2x 16.8 13.7 4.8x 4.4x 9.2 Current +125% -7.6 2.5x 2.2x Share Price +50% 2.0x 1.9x ($6-7/Share) 1P NPV/Share Net Debt/Share 2P 1P NAV/Share 1P 2PNAV/Share NAV/Share 2019 2020 2021 2022
Slide 14: Speed Since Day One
SPEED SINCE DAY ONE 16
Slide 15: Our Sustainability Framework
S P E ED S IN CE D A Y O NE OUR SUSTAINABILITY FRAMEWORK L ON G-T ERM VI ABI LI T Y AND S HARED P O SI TI VE IM PA CT DRI V IN G S UST AI NABI LI T Y FO RW ARD GHG EMISSIONS INTENSITY REDUCTION TARGETS Scopes 1 & 2 (GeoPark operated) baseline: 2020 Three levers: Clean Energy, Energy Efficiency and M
Slide 16: Sustainability Leader & Industry Mover
S P E ED S IN CE D A Y O NE ‘SUS AINABILI Y LEADER’ & INDUS RY M V R MS C I: R ATI N GS EV O LUT IO N Included for the first time in the S&P Sustainability Leaders Sustainability Yearbook 2025 and named SUSTAINABILITY RATING DISTRIBUTION 32% Oil & Gas Upstream & Integrated Industry Mover 23% 18% 14%
Slide 17: GeoPark
Lai ie. ool GEOPARK CREAR VALOR Y RETRIBUIR