Condor Energies Inc · TSX:CDR
Condor Energies — Investor Presentation (August 2026)
29 slides from Condor Energies's investor presentation, August 2026
Slide 1: That's Energy: Corporate Presentation August 2026
CORPORATE PRESENTATION | August 2026 THAT'S ENERGY to Deliver Sustainable Cashflows and Shareholder Value TSX: CDR www.condorenergies.ca
Slide 2: Energizing Condor's Future: Company Snapshot
Energizing Condor's Future COMPANY SNAPSHOT Energizing Condor's Future Developing sustainable energy sources and critical minerals using proven Western technologies 17,700 $50 million $355 million B OE P D P R ODU C T I ON Q 2 2 0 2 6 Y T D R EV EN U E M AR K E T C AP 7-day average in August 2026: U
Slide 3: Our Value Creation Strategy
Our Value Creation Strategy STRATEGY Our Value Creation Strategy Build on producing gas to fund cleaner fuels and critical minerals across Central Asia 01 02 03 S T R O N G F O U N D A TI O N RA P I D CA S H F L O W G RO W T H M A T E R I A L UP S I DE Gas Production, Uzbekistan Modular LNG, Kazakhs
Slide 4: Advantages of Central Asia
Advantages of Central Asia REGION Advantages of Central Asia Rapidly growing domestic energy and critical minerals demand with significant remaining resources Stable & Safe Operating Environment Multiple super majors continue expanding and are actively invested across the region $430B of Foreign Dir
Slide 5: Gas Production Uzbekistan
SECTION 01 Gas Production Uzbekistan First mover advantage: Condor is the first and only Western natural gas producer in Uzbekistan 8 GAS LICENSES 75 ACTIVE WELLS 282 KM² LAND AREA 2044 CONTRACT EXPIRY August 2026 | www.condorenergies.ca | TSX: CDR 5
Slide 6: Large, Under-developed Gas Position
Large, Under-developed Gas Position GAS PRODUCTION · UZBEKISTAN Large, Under-developed Gas Position Condor's 8 gas fields (dark red) Condor is the first and only Western natural gas producer in Uzbekistan Regional Extent, Light Historic Development • 109 sections across 8 gas fields with limited his
Slide 7: Multi-Zone Inventory: Repeatable Development
Multi-Zone Inventory: Repeatable Development GAS PRODUCTION · UZBEKISTAN Multi-Zone Inventory: Repeatable Development Stacked reservoirs and modern drilling unlock a scalable multi-zone development platform +50 Wells E X T E N S IV E D RIL L IN G IN VE N T O RY 1,400-Meter Column of Stacked Reservoi
Slide 8: Horizontal Drilling: Delivering High-Rate Wells
Horizontal Drilling: Delivering High-Rate Wells GAS PRODUCTION · UZBEKISTAN Horizontal Drilling: Delivering High-Rate Wells Western technologies have identified an extensive opportunity base at Kumli 15.5 MMS C F / D 14.8 MMS C F / D 13.0 MMS C F / D I P r a te o n K - 46 H z * I P r a te o n K - 47
Slide 9: Near-Term Catalyst Rich Period
Near-Term Catalyst Rich Period GAS PRODUCTION · UZBEKISTAN Near-Term Catalyst Rich Period Multiple initiatives to increase gas production rates and cash flow A C T I V E DR I L L I N G 12 New Wells in 2026 2026 Monthly Production (boepd) • Three recent hz wells tested +10 MMscf/d IP • 5 more wells t
Slide 10: Modular LNG Kazakhstan
SECTION 02 Modular LNG Kazakhstan Central Asia's first LNG producer, displacing diesel with cleaner, cost-effective transportation fuel to enhance energy security Q1 2027 1.5 MM 1ST LNG PRODUCTION LITRES/DAY LNG FROM 3 STRATEGICALLY LOCATED 800+ LNG POWERED FEEDGAS ALLOCATIONS FEEDGAS LOCATIONS LOCO
Slide 11: Modular LNG Overview
Modular LNG Overview MODULAR LNG · KAZAKHSTAN Modular LNG Overview Applying proven liquefaction technologies and end-user applications: a virtual pipeline for regions without infrastructure What is LNG? Modular Advantage Proven Industrial Uses Natural gas cooled to -162°C, stored at Modular plants l
Slide 12: LNG Production Benefits for Central Asia
LNG Production Benefits for Central Asia MODULAR LNG · KAZAKHSTAN LNG Production Benefits for Central Asia More environmentally friendly and cost-effective than diesel with better engine performance 30% L O WE R GH G E M IS S IO N S VS 95% L O W E R PAR TI C U L ATE 100% +20% M O R E B TU E N E R G
Slide 13: Kazakhstan's First LNG Production in Q1 2027
Kazakhstan's First LNG Production in Q1 2027 MODULAR LNG · KAZAKHSTAN Kazakhstan's First LNG Production in Q1 2027 Condor's LNG will help alleviate the impact of Kazakhstan's diesel shortages 182,000 L IT RE S / D A Y F IRS T F A C IL IT Y • 1st LNG production planned for Q1 2027 • 3 feed gas alloca
Slide 14: Critical Minerals Kazakhstan
SECTION 03 Critical Minerals Kazakhstan Copper, Lithium, Manganese and Cesium in the world's 3rd largest sedimentary Direct Lithium Extraction (DLE) brine processing copper basin 2 40,300 130 mg/L PEAK LITHIUM 6 yrs ACTIVE LICENSES HECTARES LICENSE TERM CONCENTRATION* *as per Ministry of Geology of
Slide 15: Critical Mineral Licenses in Kazakhstan
Critical Mineral Licenses in Kazakhstan CRITICAL MINERALS · KAZAKHSTAN Critical Mineral Licenses in Kazakhstan Awarded 2 × 6-year licenses with over 40,300 hectares in the Chu Sarysu Copper Basin License Position & Geology • Kolkuduk + Sayakbay sit in the world's 3rd largest sedimentary copper basin
Slide 16: Environment, Social & Governance
Environment, Social Governance RESPONSIBILITY Environment, Social & Governance E Environment S Social G Governance • Introducing LNG production to reduce • Donated over $5 million to social • Comprehensive set of policies and diesel fuel usage and GHG emissions programs in regions where Condor pract
Slide 17: Near-Term Priorities & Catalysts
Near-Term Priorities Catalysts OUTLOOK Near-Term Priorities & Catalysts A strong foundation for growth across three distinct, first-mover energy security initiatives Increase Gas Production · Uzbekistan 01 Multi-well horizontal drilling program underway · Field compression procurement and constructi
Slide 18: Appendix
Appendix CORPORATE PRESENTATION | AUGUST 2026 Appendix Leadership · Board of Directors · Advisories · Forward Looking Statements · Abbreviations August 2026 | www.condorenergies.ca | TSX: CDR 18
Slide 19: Condor's Leadership Team
Condor's Leadership Team APPENDIX Condor's Leadership Team Decades of international experience with a combined 100+ years working in Central Asia DS SQ MP TM NS Don Streu Sandy Quilty Matt Pachell Trent Mercier Norman Storm President, CEO & Director VP Finance & CFO COO VP & General Counsel Managing
Slide 20: Condor's Board of Directors
Condor's Board of Directors APPENDIX Condor's Board of Directors DB AJ WZ JC Dennis Balderston Andrew Judson Werner Zoellner John Chambers Lead Director, Chair of Governance Director, Chair of Reserves HSE Chairman, Chair of Audit Committee Director Committee Committee Director of Cavvy Energy. Chai
Slide 21: Management Biographies
Management Biographies APPENDIX Management Biographies Don Streu Sandy Quilty Matt Pachell President, CEO & Director VP Finance & CFO COO Mr. Streu has over 40 years experience in the oil and Chartered Accountant with over 35 years experience Over 26 years of experience in geoscience and cross- gas
Slide 22: Management Biographies
Management Biographies APPENDIX Management Biographies Trent Mercier Norman Storm VP & General Counsel Managing Director Specializes in international resource project transactions and public-private Conducting business in Kazakhstan for over 30 years across oil and gas E&P, investment law, advising
Slide 23: Advisories & Definitions
Advisories Definitions APPENDIX Advisories & Definitions Barrels of Oil Equivalent Advisory References to barrels of oil equivalent ("boe") are derived by converting gas to oil at 6 Mcf:1 bbl based on energy conversion at the burner tip. This does not represent a value equivalency at the wellhead. G
Slide 24: Forward Looking Statements (1 of 3)
Forward Looking Statements (1 of 3) APPENDIX Forward Looking Statements (1 of 3) Certain statements contained in this presentation constitute forward looking statements. These statements may relate to future events or Condor's future performance. All statements other than statements of historical fa
Slide 25: Forward Looking Statements (2 of 3)
Forward Looking Statements (2 of 3) APPENDIX Forward Looking Statements (2 of 3) Regarding lithium historical estimates, the Company is not treating the historical estimate as current mineral resources or mineral reserves as additional drilling and testing is necessary, and a qualified person has no
Slide 26: Forward Looking Statements (3 of 3)
Forward Looking Statements (3 of 3) APPENDIX Forward Looking Statements (3 of 3) These risk factors are discussed in greater detail in filings made by Condor with Canadian securities regulatory authorities including the Company's: Annual Information Form, Consolidated Financial Statements and relate
Slide 27: Market and Industry Data and Forecasts
Market and Industry Data and Forecasts APPENDIX Market and Industry Data and Forecasts Any market share, industry data and other statistical information contained in this presentation is based on a variety of sources, including internal data and estimates based on management's beliefs, independent i
Slide 28: Abbreviations
Abbreviations APPENDIX Abbreviations $ Canadian dollars EV Electric Vehicle mLNG modular LNG % percent GHG Green House Gas NI National Instrument °C degrees Celsius IP initial production rate TITR Trans-Caspian International Transportation Route boepd barrels of oil equivalent per day ISO Internatio
Slide 29: www.condorenergies.ca
www.condorenergies.ca FOR MORE INFORMATION www.condorenergies.ca TSX: CDR | info@condorenergies.ca August 2026 | Condor Energies Inc. | Corporate Presentation
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