Alvopetro Energy Ltd. · TSXV:ALV
Alvopetro Energy — Investor Presentation (July 2026)
19 slides from Alvopetro Energy's investor presentation, Jul 6, 2026
Slide 1: Capital Discipline & Growth
a Capital Discipline & Growth July 2026 TSXV: ALV|OTCQX: ALVOF
Slide 2: Alvopetro - A Disciplined Capital Allocation Model
Alvopetro - A Disciplined Capital Allocation Model First Brazilian integrated onshore natural gas producer Canada Strong results well ahead of expectations Balanced reinvestment and stakeholder return model Brazil High rate of return opportunities in Brazil & Canada Proven team with successful track
Slide 3: At a Glance - Value, Yield, Growth
At a Glance - Value, Yield, Growth Market Summary • Trading below NAV with significant reserve & resource upside Shares outstanding(1) 37.3 million • Strong free cash flow supports dividend + growth Average daily trading volume(1) 119,162 • Multi-year growth potential in Brazil and Canada Insider ow
Slide 4: Strong Production Results
Strong Production Results Alvopetro - Daily sales volumes (boepd) 3,128 3,067 3,000 +25% 193 173 2,523 2,500 +41% 106 2,000 1,794 1,500 2,935 2,894 2,417 1,000 1,794 500 - 2024 2025 Q1 Q2 2026 2026* Brazil - boepd Canada - boepd Total Company - Avg daily boepd *field estimates | TSXV: ALV, OTCQX: AL
Slide 5: Operating Netback
Operating Netback Q1 2026 operating netback margin of 84% Operating Netback(9)- $/boe Operating netback as a % of realized sales price 84% 84% Strong pricing environment Operating Netback Margin(9) (% of Sales Price) 80.00 Q1 2026 realized price of $61.77, including natural 80% Operating netback - $
Slide 6: Disciplined Capital Allocation - Balancing Organic Growth & Returns
Disciplined Capital Allocation - Balancing Organic Growth & Returns Allocation of Funds Flow from Operations July 2020 to March 31, 2026 Share repurchases Building cash and working 1% capital 2% • 51% reinvested|47% returned to stakeholders Dividends • $75 MM of dividends 32% • Organically-funded gr
Slide 7: State of Bahia - Reconcavo Basin
State of Bahia - Reconcavo Basin • Strategic location near major industrial demand • Direct connection to local distribution network • Infrastructure reduces costs & accelerates development • Strong gas demand fundamentals Murucututu Project (100%) 183-C1 183-A3 183-D4 Alvopetro UPGN 197-1 Bahiagás
Slide 8: Midstream - Infrastructure & Marketing (100% ALV)
Midstream - Infrastructure & Marketing (100% ALV) Murucututu Project • 100% controlled infrastructure (pipelines + gas plant) (100%) • Direct access to end-market via Bahiagás City Gate 183-C1 183-A3 • Premium gas pricing 183-D4 Alvopetro Pipeline Alvopetro UPGN 197-1 • Scalable capacity supports co
Slide 9: Alvopetro Natural Gas Price Forecasts
Alvopetro Natural Gas Price Forecasts(5) • Attractive pricing under long-term contract • Q1 2026 average realized price $10.14/Mcf • August 1, 2026 forecasted weighted average price $11.70/Mcf | TSXV: ALV, OTCQX: ALVOF 9
Slide 10: Established High-Performing Asset Generating Strong Free Cash Flow
Established High-Performing Asset Generating Strong Free Cash Flow Murucututu Project Caburé (56.2% ALV) (100%) • 12-well development 183-C1 • Original capacity increased 33% to ~ 21 MMcfpd 183-A3 • Strong production base and free cash flows supporting broader growth 183-D4 Alvopetro Pipeline Alvope
Slide 11: Brazilian Organic Multi-year Growth Plan (100% ALV)
Brazilian Organic Multi-year Growth Plan (100% ALV) Near-Term (2026): Murucututu Project (100%) • Infrastructure expansion 183-C1 • Drilled follow up Caruaçu development well (183-D1) 183-A3 183-D4 Alvopetro • Potential net pay of 47.7 metres including 21.9 metres in Seq 6.1 Pipeline Alvopetro UPGN
Slide 12: Western Canadian Growth Platform - Mannville Stack Heavy Oil Fairway
Western Canadian Growth Platform - Mannville Stack Heavy Oil Fairway • Mannville Stack play fairway western Saskatchewan • Multi-zone with large amounts of OOIP • Attractive economics through the application of multilateral drilling technology • Shallow depths, lower geological risk, lower drilling
Slide 13: Attractive Economics With Multilateral Drilling Technology
Attractive Economics With Multilateral Drilling Technology | TSXV: ALV, OTCQX: ALVOF 13
Slide 14: Large Scalable Inventory with Strong Returns
Large Scalable Inventory with Strong Returns • Drilling program has validated 3 initial core areas • Over 100 Tier 1 locations on broader acreage position, only 8 booked in 2025 year-end 2P reserves GLJ 2025 – 2P Type Curves by Area | TSXV: ALV, OTCQX: ALVOF 14
Slide 15: Why Invest – Quality, Value, Yield, Growth
Why Invest – Quality, Value, Yield, Growth QUALITY VALUE YIELD GROWTH High-margins, Attractive valuation Sustainable dividend Visible multi-year strategic infrastructure & relative to NAV and backed by strong growth in Brazil disciplined capital cash flows free cash flow and Canada allocation | TSXV
Slide 16: TSXV: ALV OTCQX: ALVOF
TSXV: ALV OTCQX: ALVOF Calgary, Canada: Alvopetro Energy Ltd. Suite 401, 255 – 17th Avenue SW Calgary, Alberta, Canada T2S 2T8 Tel: (587) 794-4224 Email: info@alvopetro.com Salvador, Brazil: Alvopetro S/A Extração de Petróleo e Gás Natural Rua Ewerton Visco, 290, Boulevard Side Empresarial, Sala 200
Slide 17: Cautionary Statements
Cautionary Statements • Forward Looking Statements. This presentation contains forward-looking statements including forecasted future earnings and sales volumes, forecasted natural gas prices under the Company’s long-term gas sales agreement, the anticipated timing of projects, forecasted royalty ra
Slide 18: Cautionary Statements
Cautionary Statements • Net Present Value and Reserves Disclosed. The net present value of future net revenue attributable to Alvopetro’s reserves is stated without provision for interest costs and general and administrative costs, but after providing for estimated royalties, production costs, devel
Slide 19: Endnotes
Endnotes 1. As of July 6, 2026. Average daily trading volume is based on average volumes traded on all Canadian exchanges (TSXV and other Canadian) and on the OTCQX in the six months commencing on January 7, 2026 and ending on July 6, 2026. 2. Enterprise value of $236.2 million is computed as US$ ma