Blue Energy Limited · ASX:BLU
Blue Energy — Shareholder Meeting (November 2025)
21 slides from Blue Energy's shareholder meeting presentation, Nov 18, 2025
Slide 1: AGM Presentation
AGM PRESENTATION 18 November 2025
Slide 2: Legals: Disclaimer
LEGALS Disclaimer Not an offer or invitation This presentation is not a prospectus, disclosure document or other offering document under Australian law or under any other law. Restrictions This presentation has been prepared for publication in Australia and may not be released to US wire services or
Slide 3: Global Thematic for Energy
GLOBAL THEMATIC FOR ENERGY Paris emissions target to limit global temperatures to 1.5 degrees unlikely to be met1. McKinsey study1 suggests that energy demand will increase by 18% through to 2050 McKinsey study1 forecasts fossil fuel will supply up to 60% of global energy demand in 2050 The transiti
Slide 4: Global Thematic for Energy
GLOBAL THEMATIC FOR ENERGY Growth in electricity demand driven by AI, Data Centres and EV’s By 2050 Data Centres(DC’s) could be 8% of global electricity consumption (4,500 TWh) Today’s Hyperscale DCs need close, continuous, 300 MW generation capacity Major DC companies are seeking low cost continuou
Slide 5: Australia Needs More Gas – For Manufacturing and Jobs
AUSTRALIA NEEDS MORE GAS – FOR MANUFACTURING AND JOBS 5
Slide 6: East Coast Thematic for Gas
EAST COAST THEMATIC FOR GAS • The systematic political war on gas is now delivering its inevitable consequences • The premature closure of coal fired generation is also biting • Renewable energy project investments and approvals are slowing • Community opposition to expanded transmission network is
Slide 7: East Coast Gas Crisis – Spot the East Coast Problem
EAST COAST GAS CRISIS – SPOT THE EAST COAST PROBLEM (HINT – GRANTED EXPLORATION TENURE IS IN YELLOW; GREEN AREAS ARE APPLICATIONS FOR EXPLORATION TENURE) 7
Slide 8: Blue Energy Acreage Position
BLUE ENERGY ACREAGE POSITION 8
Slide 9: Focus Areas Highlights
FOCUS AREAS HIGHLIGHTS 1. Corporate • Strong support from existing and new shareholders in recent Capital Raise process 2. North Bowen Basin – ATP 814 • Defended a Land Court appeal lodged by an environmental group: • Result - Land Court granted a revised Environmental Authority for the Sapphire Pro
Slide 10: Focus Areas for Blue: North Bowen Basin
FOCUS AREAS FOR BLUE North Bowen Basin 10
Slide 11: North Bowen Gas Resource – Long Term, Reliable Supply
NORTH BOWEN GAS RESOURCE– LONG TERM, RELIABLE SUPPLY • North Bowen Basin • Has scale - 15,000 PJ recoverable gas resource • Has been de-risked – gas production since 2006 • Has low environmental impact – • Has no Great Artesian Basin aquifers present • Blue has ~3,619 PJ of the gas resource – NSAI •
Slide 12: Sapphire PL 1034 – Initial Development Plan
SAPPHIRE PL 1034 – INITIAL DEVELOPMENT PLAN • The Moranbah Gas Project (MGP) is under new ownership - QPME • QPME Parent needs gas for new build Ni Refinery in Townsville • MoU’s with QPM for gas supply 1. MoU for 7.5 PJ/annum for 15 years = 112 PJ total supply Daily quantity circa 20 TJ/day 2. Gas
Slide 13: Focus Areas for Blue: Surat Basin Cobalt Project ATP 854
FOCUS AREAS FOR BLUE Surat Basin Cobalt Project ATP 854 13
Slide 14: ATP 854 100% Blue Energy – In the Heart of CSG Gas Fields
ATP 854 100% BLUE ENERGY – IN THE HEART OF CSG GAS FIELDS AND INFRASTRUCTURE 14
Slide 15: ATP 854 - 100% Blue – Infrastructure Nearby
ATP 854 - 100% BLUE – INFRASTRUCTURE NEARBY Substantial Gas Resource • Independent NSAI assessment (Jan 2022) • ATP854 is a material gas resource – 398 PJ + Contingent Resource – Uncontracted Favourable location • Two gas pipelines passing through the permit with connectivity to both Gladstone and W
Slide 16: Focus Areas for Blue: Northern Territory
FOCUS AREAS FOR BLUE Northern Territory 16
Slide 17: Northern Territory
NORTHERN TERRITORY Beetaloo/McArthur Basin Carpentaria Basin q Bowen Basin Galilee Basin " Ne 7 “4 lease. Bowors__ __ Gladstone Eromanga Basin LEGEND [bes Blue Energy Licence —— Gas pipeline Brisbane — Oil & Gas pipeline — Oil pipeline Sedimentary basin Cooper Basin 500m
Slide 18: RTS-GA23-NT01 L2D Seismic Line Showing Thick Sediment Package
RTS-GA23-NT01 L2D SEISMIC LINE SHOWING THICK SEDIMENT PACKAGE (SEEBASE COMPARISON) 18
Slide 19: Blue's Monetisation Strategy
BLUE’s MONETISATION STRATEGY North Bowen Basin Asset (ATP 814) North Queensland gas market ✓ MoU for 112 PJ of gas over 15 years with QPM ✓ Sapphire gas resource will utilise existing infrastructure Southern gas market ✓ Heads of Agreements with Origin for 300 PJ of gas over 10 years at Wallumbilla
Slide 20: Corporate Reserves and Resources
CORPORATE RESERVES AND RESOURCES + + See Listing Rule 5 Disclosure Page 2 20
Slide 21: Slide 21