Newmed Energy Limited Partnership · TASE:NWMD
Newmed Energy Limited Partnership — Q3 2025 Earnings Presentation
17 slides from Newmed Energy Limited Partnership's earnings presentation, November 2025
Slide 1: 3Q 2025 Financial Results Presentation
Slide 2: Disclaimer
NA Disclaimer This presentation was prepared by NewMed Energy Limited Partnership (the "Partnership") based on information included in the immediate and periodic reports filed by the Partnership with the Israel Securities Authority and the Tel Aviv Stock Exchange Ltd. under the Securities Law, 5728-
Slide 3: Key Highlight
Key Highlight Note : sales figures refers to Leviathan 100% 3" quarter gas sales - c. 1,193mmcf/d (210 mboe/d), 3.1 BCM 3" quarter earnings - $187mm EBITDA / $128.5mm net profit Leviathan Expansion = Phase 1B FEED process finalized = Third GL project expected completion 10-26. = Egypt Export Agreeme
Slide 4: NA Regional Connectivity
NA Regional Connectivity A X — (@) INGL Ashdod-Ashkelon, EMG pipeline Debottleneck using Full capacity-of EMG = 800mme/d — 1H 2026 (@) FAJR + compression — Additional 400 mmcf/d — 2H 2026 (3) Nitzana pipeline project - 600 mmef/d ~ 2H 2028 Leviathan INGL Ashdod-Ashkelon pipeline EMG Debottleneck FAI
Slide 5: Production Summary
Production Summary. Average Price ($/mmbtu) 5.43 Average Price ($/mmbtu) 6.18 * Production Summary for Leviathan 100%
Slide 6: Sales, EBITDA, Net Profit
Sales EBITDA Net Profit 314 221 219 200 201 147 | | | | | | 30 23 30 24 30 25 30 23 30 24 30 25 30 23 30 24 30 25 286 EBITDA calculated as Operating profit + Deprecation and Amortization
Slide 7: 140. 7.00 120. 100. 5.00 80. 60. 3.00 40. 20. 0. 1.00
140. 7.00 120. 100. 5.00 80. 60. 3.00 40. 20. 0. 1.00
Slide 8: Income statement
* Less than $0.1mm, Revenues From natural gas and condensate sales Net of royalties Revenues, net Expenses and costs: Cost of production of natural gas and condensate Depreciation, depletion and amortization expenses Other direct expenses Gea Total expenses and costs The Partnership's share in the l
Slide 9: Quarter Change in Net Profit
34 Quarter Change in Net Profit (smm 147.0 95 8.5 03 128.5 o En ie 2.0 | “81 as -35.5 Change in Price Condensate sales Operating Expense Discontiued Operation Net profit 03/2024 Change in Quantities Net Financeial Expense Tax expence Net profit 03/2025
Slide 10: Net Debt of $1,176mm
1,527 Net Debt of $1,176mm 1,241 QQ $240mm cash and equivalents on 1,176 Balance Q. Strong balance sheet with low leverage entering a new investment cycle 23-Dec 24-Dec 25-Sep Net Debt calculated as financial liabilities minus financial assets as of 30.06.25 balance-sheet. Financial liabilities incl
Slide 11: Balance Sheet
fave Current assets: Cash and cash equivalents 194.4 157.4 512 Short-term deposits 459 275.7 333.3. Trade receivables 218.5 240.8 209.6 Trade and other receivables 116.9 108.9 140.0 575.7 782.8 734.1 Balance Sheet Non-current assets: Investments in oil and gas assets 2,785.5 2,689.5 2,682.3 Investme
Slide 12: Bulgaria - Black Sea Exploration Campaign
Bulgaria —-Black Sea Exploration Campaign Vinekh-1 expected spud by year end 2025 Krum-1 to be drilled immediately after Farm in Negotiations are underway betweenthe Han-Asparuh partners NewMed and OMV Bulgaria, and the Bulgarian state-owned company Bulgarian Energy Holding EAD ("BEH"), for a transa
Slide 13: Aphrodite
N Aphrodite my Board of Directors approved the —— : e=t Aphrodite budget for 2026, in the 7 amount of approximately $111.5mm (Gross 100%, the Partnership's share / is approximately $33.5mm). Main part of the budget for the i execution of detailed engineering i design (FEED) (amounting to H approxima
Slide 14: $60mm Dividend for the quarter
Q $60mm Dividend for the quarter Q Committed to delivering share-holders returns through dividend distributions. Dividend Distributions 100 65 65 60 60 60 60 60 60 60 10 20 3Q 4Q 10 2Q 3Q 4Q 10 20 3Q 4Q 10 20 3Q 4Q 10 2Q 3Q 2021 2021 2021 2021 2022 2022 2022 2022 2023 2023 2023 2023 2024 2024 2024 2
Slide 15: IR@newmedenergy.com
—— = = IR@newmedenergy.com
Slide 16: Appendix
Slide 17: Leviathan Bond Sponsor Financial Data Report
Leviathan Bond Sponsor FinancialDataReport Total offtake (BCM) and Leviathan Revenue for 100% of the Leviathan partners on an accrual basis. QUARTER ENDED Total Offtake (BCM) (100%) 30.09.21 AMOUNT (IN US! Leviathan Revenues (100%) 615,455 Loss Proceeds, if any, paid to Revenue Account - Sponsor Dep
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