Finder Energy Holdings Limited · ASX:FDR
Finder Energy — Investor Presentation (October 2025)
21 slides from Finder Energy's investor presentation, Oct 13, 2025
Slide 1: Corporate Presentation: KTJ Fast-Track to First Oil
Corporate For personal use only Presentation KTJ Fast-Track to First Oil October 2025 ASX : FDR 1
Slide 2: Highlights
Highlights 50% of development capex (US$170m) secured for KTJ Project under farmin agreement with TIMOR GAP1 For personal use only Accelerated FEED underway to fast-track development of the Kuda Tasi and Jahal oil fields in Timor-Leste (25 MMbbl Gross 2C2) Powerful cash flow with initial forecast pr
Slide 3: Corporate Snapshot (ASX:FDR)
Corporate Snapshot (ASX:FDR) Vol (m) Year-to-Date Price Chart Price ($) Share Price 30.0 $0.60 Company Directors 58.5c 25.0 $0.50 For personal use only 20.0 $0.40 10 October 2025 Bronwyn Barnes 15.0 $0.30 Chairman 10.0 $0.20 Market Capitalisation1 $225m 5.0 $0.10 0.0 $0.00 Jan-25 Feb-25 Mar-25 Apr-2
Slide 4: PSC 19-11 Timor-Leste Overview
For personal use only PSC 19-11 Timor-Leste Overview 4
Slide 5: PSC 19-11 Resources – KTJ Upgraded
PSC 19-11 Resources – KTJ Upgraded Gross (100%) Contingent and Prospective Resources2 Karungu 180 KTJ Project Oil – MMbbl 10 25 MMbbl 160 26 For personal use only Kuda Tasi 140 Jahal PSC 19-111 30 Lanjara/SW 120 Laminaria/ 66% Corallina 100 49 205 MMbbl 34% Kitan 26 MMbbl 80 Buffalo N 21 MMbbl 60 Kr
Slide 6: KTJ Resource Upgrade
KTJ Resource Upgrade2 Independent verification of KTJ Contingent Resources by RISC Advisory For personal use only KTJ Gross (100%) Contingent Resource (MMbbl) 1C 2C 3C FDR 20241 13.1 21.9 34.0 RISC 20252 19.0 25.5 34.6 Revision +5.9 +3.6 +0.6 Kuda Tasi Movement 31% 14% 2% Contingent Resources increa
Slide 7: TIMOR GAP Farmin
TIMOR GAP Farmin1 Development Partner and Funding For personal use only • TIMOR GAP is a highly valued joint venture partner and the National Oil Company of Timor-Leste • TIMOR GAP increases their participating interest from 24% to 34% • TIMOR GAP will contribute 50% of the total development capex f
Slide 8: SLB Strategic Alliance
SLB Strategic Alliance Strategic Development Alliance1 For personal use only • SLB and FDR entered into an alliance to fast-track development of the Kuda Tasi and Jahal oil fields (KTJ Project) • Completion of key drilling and subsea FEED components approximately 12 months ahead of schedule - markin
Slide 9: Accelerated FEED Project
Accelerated FEED Project Accelerated FEED Project Agreement1 FPSO For personal use only • FEED completed across technical domains including Subsurface, Well Construction, Reservoir, SPS and SURF • Project schedule – 6 to 9 months, 12 months ahead of schedule SPS/SURF • Core objectives and scope • de
Slide 10: Simple and Quick Development
Simple and Quick Development Conventional FPSO development Kuda Tasi FPSO For personal use only FPSO’s are readily Production Tree available for lease or redeployment, rather than a new build Moorings Simple subsea production system Flowlines and High value light sweet Umbilicals oil, low impurities
Slide 11: Upside – KTJ is just the beginning
Upside – KTJ is just the beginning Core Value + Undeveloped Discoveries + Low Risk Exploration KTJ Development Project Krill & Squilla Multiple Prospects 25 MMbbl, Gross 2C 23 MMbbl, Gross 2C 116 MMbbl, Gross Pmean For personal use only KTJ Development Lanjara Prospect Kitan Krill Kurisi Prospect Sq
Slide 12: Catalysts
Catalysts The KTJ Project is gathering momentum off the back of a series of major de-risking events, leading to recognition of the value of the discovered oil resources at Kuda Tasi and Jahal and their cash generative potential For personal use only Strategic Alliance with SLB - de-risks project exe
Slide 13: North Sea – UK Exploration Licences
For personal use only North Sea – UK Exploration Licences 13
Slide 14: UK North Sea – ILX Exploration Portfolio
UK North Sea – ILX Exploration Portfolio P2610 (50%) N Prolific Central North Sea 40 km For personal use only Johan Svedrup • All licences operated by P2655 (100%) Finder Gina Krog Claymore Piper Sleipner • Strategic partnerships Tartan formed with nearby Scott Kinnoull facility owners Golden Eagle
Slide 15: North West Shelf - Australia Exploration Permits
For personal use only North West Shelf - Austraila Exploration Permits 15
Slide 16: Australia - key positions in prolific basins
Australia - key positions in prolific basins WA-547-P (100%) Northern Carnarvon Basin Vulcan Sub-basin • 508 MMboe over Phoenix Proven Play For personal use only Oliver 3 key prospects1 Phoenix South surrounded by full- to-spill discoveries Roc • Along trend from Dorado Pavo Audacious Dorado Discove
Slide 17: Appendices
For personal use only APPENDICES 17
Slide 18: Contingent and Prospective Resources
Contingent and Prospective Resources Contingent Resources7,8 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 For personal use only ASX – 8 Oct 2025 – RISC i
Slide 19: 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. Fo
Slide 20: 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 21: For personal use only
For personal use only +61 8 9327 0100 info@finderenergy.com www.finderenergy.com 21
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