Cue Energy Resources : CEO AGM Presentation

About this update from Cue Energy Resources Limited

ASX: CUE Cue Energy Resources Limited Annual General Meeting Presentation 22 October 2025 Managing a High-Quality Portfolio Delivering Sustainable Production Returning Attractive Dividends An Attractive High Yield Investment Long term sustainable cash flow generating oil and gas production assets across Australia, Indonesia, and New Zealand Managing a high-quality portfolio Delivering sustainable production Returning attractive dividends Portfolio of non-operated production assets delivering $55 million annual revenue (1) Production of oil and gas and geographical diversification lowers investment risk 600,000 boe FY2025 annual production 13 new development wells on production in FY2025 Development plans in existing projects Mahato, Sampang & Onshore Australia Mahato exploration drilling planned 11.1 mmboe of 2P + 2C resources (2) 14% dividend yield for FY2025 1.5 cents/share dividend declared for FY25 ($10.5 million) $31.5 million in dividends declared over the last 2 years FY25 Result. See ASX release dated 22 August 2025 See Appendix 1: 2025 reserves and Resources Operational and Financial Performance: FY25 Financial Highlights (1) Net Cash (2) $10.8 million Final Dividend 0.5 / Share EBITDAX $30.3 million Net Profit After Tax $6.3 million Revenue $54.8 million Indonesia $29.9m Australia $12.5m New Zealand $12.4m Continuing to Deliver Strong Operational Performance, Investment Discipline and Cashflow Generation Capital Returns to Shareholders 2.0 cents/share ($14m) returned during FY25 FY25 Result. See ASX release dated 22 August 2025 As at 30 June 2025 Diversified Portfolio of Production Assets Generating Strong Free Cash Flow from Four Key Production Assets Mahato PSC Interest 11.25% Onshore oil production $23.5 million revenue Jakarta Office Mereenie/Palm Valley/Dingo Interest 7.5 - 15% Onshore gas and oil production $12.5 million revenue Sampang PSC Interest 15% Offshore gas production $6.4 million revenue Melbourne Office Maari Interest 5% Offshore oil production $12.4 million revenue Executing a Clear Strategy Disciplined Investment and Shareholder Returns Maximise Value from Existing Assets Attractive Shareholder Returns Growth in Known Areas Develop up to 5.6 mmboe of existing Contingent Resource New Ventures screening and assessment in existing project regions Balance sheet strength and cash flow to underpin new asset investment 14% FY2025 Dividend yield Initiated dividends in FY24 with $31.5m (4.5 cps) paid to date Policy of sustainable shareholder returns with bi-annual reviews Mahato continued development and exploration drilling Paus Biru Gas Development pending FID Sampang PSC opportunity to increase interest by 10% to 25% Mereenie / Palm Valley fields potential for additional drilling Market Performance and Valuation Strong Balance Sheet and Market Performance with Modest Valuation 1c Final Dividend Declared 0.5c Final Dividend Declared 1c Interim Dividend Declared 25 February 2025 $ $ 2c Dividend Declared 29 February 2024 $ $ 0.13 0.12 0.11 0.10 0.09 0.08 0.07 0.06 0.05 23 August 2024 22 August 2025 Volume (RHS) Price ($) 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Market Capitalisation (15/10/25) $80.4 million Share price (15/10/25) $0.115 Largest Shareholders 50% Echelon Resources 16% Singapore Petroleum Cash (1) $10.8 million Debt NIL Enterprise Value (EV) $69.6 million EV/2P (2) $12.65/boe FY25 EV/ EBITDAX (3) 2.30x FY2025 Dividend Yield (4) 14% 7 Cue Energy 2025 AGM | October 2025 Reported at end June 2025. Based on 30 June 2025, published reserves. 2P Reserves at year end FY25 of 5.5 million barrels of oil equivalent. 69% of reported 2P reserves are gas and 31% are oil. Earnings before Interest, Tax, Depreciation Amortisation and Exploration based on FY25 EBITDAX of $30.3m FY25 Dividends declared (interim 1.0 cents/share + final 0.5cents/share) / 1 July 2024 share price High Margin Asset Base FY2025 Delivered Further Strong Operational and Financial Performance Annual Operating Revenue A$ million 60 FY25 Revenue and Gross Margin A$ million 25 60% 50 20 50% 40 40% 15 30 30% 10 20 20% 5 10 10% 0 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Indonesia Australia New Zealand 0 0% Maari Mahato Sampang Australia Revenue Gross Margin Strong Free Cash Generation Enables Dividend Payments While Reinvesting to Sustain Production FY25 Cashflow $ million 21 15 24 6 52 1 14 16.3 0 10.8 Opening Cash 1 July 2024 Receipts from Customers + Interest Payments to Suppliers Taxes, Royalties and Finance Exploration Net Cash from Operating Activities Net Cash used in Investing Activities Dividends FX Closing Cash 30 June 2025 Asset and Commodity Diversity Consistent Production Backed by a Diversified Asset Portfolio FY25 Revenue by Country Australia 23% $54.8m New Zealand 23% FY25 Revenue by Product $54.8m Oil & Condensate 68% Indonesia 54% Gas 32% 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 Net Production Barrels of Oil Equivalent FY22 FY23 FY24 FY25 Attention : This is an excerpt of the original content. To continue reading it, access the original document here .

View stock analysis, news, and events for Cue Energy Resources Limited