Finder Energy Holdings Limited · ASX:FDR
Finder Energy — Corporate Update (December 2025)
13 slides from Finder Energy's corporate update, Dec 10, 2025
Slide 1: Petrojarl I Webinar
PETROJARL I WEBINAR December 2025 1
Slide 2: Rapid Progress to FID
Rapid Progress to FID 2024/25 | Subsurface • Fully appraised with 5 well penetrations in Kuda Tasi and Jahal, including logs, core and flow tests • Independent resource upgrade verified by RISC Advisory1 • Significant upside mapped at Krill & Squilla oil discoveries2 2025 | Development Acceleration
Slide 3: PJI Acquisition Terms
PJI Acquisition Terms1 • Finder will acquire 100% ownership interest in the PJI from Amplus Energy in consideration for the following: • The issue of US$9.0m in FDR shares to Amplus at a deemed issue price of 37 cents per share (subject to shareholder approval) • US$3.5m in cash on completion • US$2
Slide 4: PJI Highlights
PJI Highlights PJI is an excellent fit for the KTJ Project which achieves our acceleration objectives • Fast and cost-effective redeployment solution for KTJ Project • Proven track record and ‘in field’ performance: • redeployment across multiple stringent regulatory environments (UK, Norway, Brazil
Slide 5: PJI Specifications
PJI Specifications Flag | Bahamas Class | DNV Topside & Processing Facilities | 25-30,000 bopd Oil Separation, Produced Water Treatment, Artificial Lift Systems (ESP & Gas Lift), Bridge/Control Room/Offices Chemical Injection, Gas Compression System, Fuel Gas System, Flare, 3 Deck Galley/Mess/Gym/Ac
Slide 6: PJI acquisition delivers significant benefits
PJI acquisition delivers significant benefits Vessel Significant reduction in opex with removal of third party charter payments 2C Production Model Forecast1 over field life (see example below) Ownership Acceleration – PJI is a fast/low-cost redeployment opportunity bbl/d MMbbl 25,000 25 Facilitates
Slide 7: Catalysts
Catalysts The KTJ Project is gathering momentum off the back of a series of major de-risking events Strategic Alliance with SLB RISC Independent Resource upgrade TIMOR GAP Farmin PJI acquisition We are in a phase of intense activity as we execute our acceleration strategy with a pipeline of upcoming
Slide 8: Corporate Snapshot (ASX:FDR)
Corporate Snapshot (ASX:FDR) Year-to-Date Price Chart Company Directors Vol (m) Price (c) Share Price 37.5c 25 0.60 60 20 0.50 50 15 0.40 40 Bronwyn Barnes 9 December 2025 30 0.30 Chairman 10 20 0.20 Market Capitalisation 5 10 0.10 $166m 0 0.00 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25
Slide 9: Appendices
APPENDICES 9
Slide 10: Contingent and Prospective Resources
Contingent and Prospective Resources Contingent Resources7 Oil/Cond Gross Contingent Resources Net Contingent Resources ASX announcement reference date and Country Licence FDR Equity Name Status (MMbbl)/ notes3 Gas (BCF) 1C 2C 3C 1C 2C 3C KTJ Project ASX – 8 Oct 2025 – RISC independent Kuda Tasi Fie
Slide 11: Notes on Petroleum Resource Calculations
Notes on Petroleum Resource Calculations Table Notes 1. Finder calculates reserves and resources according to the Society of Petroleum Engineers Petroleum Resource Management System (SPE-PRMS) definition of petroleum resources. Finder reports reserves and resources in line with ASX listing rules. 2.
Slide 12: Disclaimers and Cautionary Statement
Disclaimers and Cautionary Statement Forward-looking statements This report contains certain “forward-looking statements”, which can generally be identified by the use of words such as “will”, “may”, “could”, “likely”, “ongoing”, “anticipate”, “estimate”, “expect”, “project”, “intend”, “plan”, “beli
Slide 13: www.finderenergy.com
+61 8 9327 0100 info@finderenergy.com www.finderenergy.com 13
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