Chariot Limited · LSE:CHAR
Chariot — Investor Presentation (June 2026)
12 slides from Chariot's investor presentation, June 2026
Slide 1: Focused on the Upstream
FOCUSED ON THE UPSTREAM June 2026
Slide 2: Disclaimer and Forward Looking Statements
Disclaimer and Forward Looking Statements These Presentation Materials do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities in the Company nor shall they or any part of them form the basis of or be r
Slide 3: Focused on the Upstream
Focused on the Upstream UPSTREAM OIL & GAS : PRODUCTION VALUE FOCUS PRODUCTION DEVELOPMENT NEW VENTURES Material Oil Production, Strategically Located Pipeline of Value- Offshore Angola Assets in Morocco Accretive Opportunities CASHFLOWS POTENTIAL GROWTH Looking to Secure Additional Revenues and Del
Slide 4: Game Changing Transaction for Chariot's Upstream Business
Game Changing Transaction for Chariot’s Upstream Business Material Economic Exposure to Producing Assets Offshore Angola 93 MMbbls Gross Remaining Reserves (2P) Part financed Etu Energias’ acquisition of a 20% working interest in Block 14 and 10% working interest in Block 14K, offshore Angola 4,000
Slide 5: Baseline Production Underpins Valuable Asset
Baseline Production Underpins Valuable Asset Investment Case and Economics CONGO ANGOLA PRODUCED CURRENT LICENCE (Cabinda) TO DATE PRODUCTION EXTENSION Fields Platforms Pipelines Malongo >900 MMbbls 40,000 bbl/d 2038 Terminal Block 14K Mid to late-life producing asset with material upside opportunit
Slide 6: Further Upside from Undeveloped Discoveries and Nearfield Exploration
Further Upside from Undeveloped Discoveries and Nearfield Exploration PKBB and Pinda Trend Discoveries in Pinda and Tertiary PKBB discovery well (2024) in Pinda reservoir with strong production performance Kuito Tomboco 1 Belize BBLT Platform Results support an early, multi-well development Benguela
Slide 7: Transaction Unlocks Significant Asset Value for Minimal Equity
Transaction Unlocks Significant Asset Value for Minimal Equity Certainty of Funding Interim Period and Contingent Payments Final consideration fully-funded by Shell facilities Interim period adjustments from project cash flows will significantly reduce final consideration Repayments relatively front
Slide 8: Morocco - Focused on the Offshore
Morocco - Focused on the Offshore Anchois Development SPAIN Growing Demand Excellent 100 mmscfd TANGIER Attractive commercial fundamentals are unchanged Fiscal imports with rising import gas prices Terms Optimisation of initial 2-well development valid with Robust Economics further growth phases pos
Slide 9: Next Generation of Upstream Opportunities
Next Generation of Upstream Opportunities EXPLORATION APPRAISAL & DEVELOPMENT PRODUCTION Studies & Seismic Drill Appraise Field Development Plan Peak Production Mature Production ANGOLA BLOCK14/14K ANGOLA BLOCK14/14K ASSET VALUE ($/BOE) APPLICATION APPLICATION TRANSACTION Anchois Re-Development NAMI
Slide 10: Renewable Power – Two Future Revenue Streams
Renewable Power – Two Future Revenue Streams TRADER GENERATOR 360 Million People Served by SAPP ETANA ENERGY Enabling Construction of POWER TO ETANA & 47.7 GW Generation Projects through SAPP Operation TRADING BUSINESS Bankable Offtake POWER TO MINES Capacity 11 Buying Power from Multiple Investing
Slide 11: Power Generation Projects - Building Critical Mass
Power Generation Projects - Building Critical Mass THIRD PARTY GENERATION CHARIOT GENERATION POWER TO MINES 400MW Under Construction & 500MW+ Pipeline 194MW Under Construction 300 MW Portfolio 75 DU PLESSIS SOLAR 215 KIPEMBA MW MW Location: Kansanshi, Zambia Developer: Mulilo 75 100 ZEN 225 PPA: 20
Slide 12: Looking Forward
Looking Forward Focused on the Upstream. Focused on Growth. Recent transaction provides the financial foundation to support the future of the Chariot Upstream business, the pathway to deliver growth opportunities and material shareholder returns PARTNERSHIP CASHFLOWS EXPERIENCE Strong Partnership wi