Savannah Energy Plc · LSE:SAVE
Savannah Energy — Investor Presentation (June 2026)
18 slides from Savannah Energy's investor presentation, June 2026
Slide 1: Delivering Projects that Matter
Delivering Projects that Matter June 2026
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Savannah Energy PLC (the “Company”). By attending the meeting where this presentation is made, or by accepting delivery of or by receiving this presentation, you agree to be bound by the following terms and conditions, including any modifications to
Slide 3: Savannah at a glance
Savannah at a glance Savannah overview • An African-focused British independent energy company focused on the delivery of Projects that Matter. • Our purpose is to meaningfully contribute to the economic development of the countries in which we operate through the development of businesses and proje
Slide 4: Our operational footprint
Our operational footprint Savannah footprint Nigeria asset map4 • Upstream business comprises: • 80% economic interest in the Uquo gas field. • 100% effective ownership of the Stubb Creek oil and gas field. Kaduna • Midstream Business comprises an 80% interest in the Accugas NIGERIA Abuja gas proces
Slide 5: Our operational footprint: Nigeria
Our operational footprint: Nigeria Savannah Energy PLC | Investor Presentation June 2026 Savannah Energy PLC and its subsidiaries do not accept any liability in relation to the information in this presentation. No reliance may be placed on the information herein without our express written consent.
Slide 6: Key assets unrisked value overview
Key assets unrisked value overview Asset Potential Value (un-risked) Comments Country Name Description 2024 CPR case1 2025 CPR2 Additional information Gas processing and transportation Principal differences relating to the Accugas, Uquo and Nigeria Accugas US$636m US$697m Stubb Creek valuation cases
Slide 7: 2025/2026 Key opportunities
2025/2026 Key opportunities Cash collections1 2017 – 2025 achieved CAGR of 13%.1 In 2025 cash collections increased by over 12%. Nigerian debt Refinancing of US$212.3m US dollar denominated Accugas debt to Naira was completed in Q1 2026, with the principal balance on the US$ refinancing Accugas Faci
Slide 8: Cash collections progression
Cash collections progression Cash collections (2017 – 2025) US$m 300.0 CAGR 13% 278.0 248.5 250.0 212.7 207.3 200.0 186.6 168.8 150.0 135.1 128.7 108.5 100.0 50.0 - 2017 2018 2019 2020 2021 2022 2023¹ 2024 2025 The Nigerian business has consistently grown cash collections under our ownership at a CA
Slide 9: Current M&A market dynamics
Current M&A market dynamics Upstream Oil & Gas Power • Over the past decade, an estimated US$96bn of upstream oil and gas • Eight Private Equity funds (a modest portion of the market) have an estimated transactions have been announced in Africa, with US$46bn, representing 47%, US$8-10bn of African p
Slide 10: Asset transitions create investment opportunities
Asset transitions create investment opportunities North America Western Europe 2010 2025 2010 2025 ~3,717 transactions ~396 transactions >US$1.2tn transaction value (30% IOCs) >US$173.1bn transaction value (33% IOCs) >50.1bn boe 2P Reserves divested >12.6bn boe 2P Reserves divested 9.0bn bbl 1P Rese
Slide 11: Understanding the macro level power opportunity
Understanding the macro level power opportunity Electricity access (%) Investment required to meet climate pledges or net zero goal US$bn/year +1.9x TUNISIA 220 211 100 MOROCCO 100 ALGERIA 100 LIBYA EGYPT 73 100 WESTERN +1.4x 157 SAHARA 165 NA MAURITANIA 50 MALI 55 NIGER ERITREA 54 SENEGAL 20 CHAD S
Slide 12: How we seek to deploy capital
How we seek to deploy capital Long term growth mentality Funnelled approach to Business Development1 Disciplined approach to project returns Growth mindset is a natural human condition and sustained growth delivery is the best way to create meaningful long term value. TARGETS ~100 Initial discussion
Slide 13: SIPEC Acquisition
SIPEC Acquisition Consolidates our interest in the Stubb Creek oil and gas fields Key acquisition metrics adjusted for most recent CPR2 • Acquisition of SIPEC completed on 10 March 2025: Oil Oilproduction production(Kbopd) (bopd) • Savannah’s operated interest in the Stubb Creek oil and gas fields i
Slide 14: Experienced board focused on long term value creation
Experienced board focused on long term value creation Joseph Pagop Noupoué Andrew Knott Nick Beattie Sarah Clark Chair of the Board Chief Executive Officer Group Chief Financial Officer Non-Executive Director Appointed Appointed Appointed Appointed April 2023 July 2014 June 2022 December 2022 Experi
Slide 15: For more information
For more information Our annual report and highlighted sections Company details Contact information Our website www.savannah-energy.com Email ir@savannah-energy.com Corporate broking analysts and Financial PR advisors Research analysts Name Company James McCormack Cavendish CEO shareholder letter Ti
Slide 16: Footnotes
tee SAVANNAH ENERGY Footnotes
Slide 17: Footnotes
Footnotes Slide 3 – Savannah at a glance 1. Remaining life of contract revenues includes contributions from two of our customers: Calabar Generation Company Limited (owner of the Calabar power station), and Lafarge Africa PLC (owner of Lafarge Mfamosing cement plant). Note this is not an audited num
Slide 18: Footnotes
Footnotes Slide 7 – 2025 / 2026 key opportunities 1. Cash collections are defined as the amount of cash received from customers. 2. SCI and SMIL are claiming in excess of US$775 million (plus interest which is currently estimated at in excess of US$215 million and costs) for the nationalisation of t