ADX Energy Ltd · ASX:ADX
ADX Energy — Shareholder Meeting (January 2026)
20 slides from ADX Energy's shareholder meeting presentation, Jan 15, 2026
Slide 1: General Meeting Presentation
Investment Proposition and Operating Strategy For personal use only Investor Update E U R O P E A N F O C U S S E D ENERGY P R O D U C E R & E X P L O R E R General Meeting Presentation Ian Tchacos - Executive Chairman 15 January 2026 A S X : A D X
Slide 2: Disclaimer (Cautionary Statement)
DISCLAIMER (CAUTIONARY STATEMENT) IMPORTANT NOTICE: PRMS RESERVES CLASSIFICATIONS USED IN THIS PRESENTATION: This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to Developed Reserves are quantities expected to be recovered from existing wells and facili
Slide 3: Company Summary
COMPANY SUMMARY STABLE PRODUCTION, LOW-RISK IMMEDIATE GROWTH AND HIGH IMPACT EXPLORATION Established Production - Generating stable cash flow from Austrian Long-term Production production assets in Austria Strategic Location - Positioned in pro development European 277 BOEPD 1 For personal use o
Slide 4: Financial Summary and Geographic Overview
FINANCIAL SUMMARY AND GEOGRAPHIC OVERVIEW Capital Structure Ticker ASX: ADX “A European Focussed FRA: GHU Energy Producer and Share Price (at 12 January 2026) A$0.027 Explorer” For personal use only Number of shares 721m Number of options 95m Market capitalisation A$19.5M Cash (unrestricted) at 30 S
Slide 5: Strategic Operating Positions in Austria and Italy
STRATEGIC OPERATING POSITIONS IN AUSTRIA AND ITALY Highly prospective, short exploration timelines, high value hydrocarbons and rapid development cycles Vienna Basin Fields Anshof Austria For personal use only • Excellent Infrastructure Access for both oil and gas Oil Field • Pro development with ra
Slide 6: Near Term Activities in Austria and Italy
NEAR TERM ACTIVITIES IN AUSTRIA AND ITALY Austria – Production, Appraisal and Exploration 1. Maintain stable Austrian production For personal use only GOLD shallow gas 2. Recommence Welchau-1 testing >> 2 out of 3 zones are untested prospect 3. Low risk, shallow gas drilling >> 3 wells drill ready w
Slide 7: Current Status of Work Program Activities
CURRENT STATUS OF WORK PROGRAM ACTIVITIES Welchau Flow Testing Workover rig and testing services contracted Appraisal of Welchau For personal use only Mobilisation of a workover rig and recommencement of testing in discovery and major early February 2026 new hydrocarbon play Testing will comme
Slide 8: Upper Austria 2026 Work Program
UPPER AUSTRIA 2026 WORK PROGRAM Operations 1 Welchau-1 2 HOCH-1 3 GOLD-1 shallow 4 SCHOEN-1 Program testing – down shallow gas well gas well permit at shallow gas well hole sampling and area at 50% 100% economic area at 50% Sequence economic interest interest economic interest stimulation For person
Slide 9: Austrian Production Assets
AUSTRIAN PRODUCTION ASSETS VIENNA BASIN FIELDS AND ANSHOF FIELD (UPPER AUSTRIA) Vienna Basin Fields (100% Economic Interest) Anshof Oil Field (70% Economic Interest) Low emission, low decline production delivering Anshof-3 discovery well (2022) and Anshof-2A appraisal For personal use only long
Slide 10: Upper Austria Exploration Prospect Portfolio
UPPER AUSTRIA EXPLORATION PROSPECT PORTFOLIO INCREASED EMPHASIS ON LOW-RISK GAS AND NEAR FIELD OIL Multiple Growth Pathways in a high value market with infrastructure access For personal use only Quick to commercialise low risk Shallow Gas Anshof Near Field oil tie in opportunities (to 3,000 BPD
Slide 11: Upper Austria Shallow Gas Play (Proven and Extensive)
UPPER AUSTRIA SHALLOW GAS PLAY (PROVEN AND EXTENSIVE) MULTIPLE LOW RISK GAS PROSPECTS IDENTIFIED BY SEISMIC “AVO” RESPONSE A proven play that has produced 230 BCF to date in basin – 3 permitted, drill ready prospects and 7 additional matured Shallow Gas Play developed over two years with local t
Slide 12: Hochfeld Prospect Summary – First Shallow Gas Program Well
HOCHFELD PROSPECT SUMMARY – FIRST SHALLOW GAS PROGRAM WELL HOCH Prospective Resources Esimates2, 3, 4 Prospect Structure Map Prospect Licence Depth Low Case Best Case Mean Case High Case (metres) P(90) P(50) P(Mean) P(10) (BCF) (BCF) (BCF) (BCF) For personal use only HOCH ADX-AT-I 1 1500 1.5 5.2 8 1
Slide 13: Upper Austria Shallow Gas Play – Follow Up Prospect
UPPER AUSTRIA SHALLOW GAS PLAY – FOLLOW UP PROSPECT GOLD PROSPECT SUCCESS SCENARIO - VALUE BUILD BY MAXIMISING PRODUCTION AND MINIMISING CAPEX Extensive, valuable and repeatable play with multiple GOLD Prospect drilling in Q1 2026 - if successful follow prospects identified to date in ADX 100% held
Slide 14: Welchau-1 Condensate Testing and Welchau Deep Prospect
WELCHAU-1 CONDENSATE TESTING AND WELCHAU DEEP PROSPECT RECOMMENCE TESTING OPERATIONS (WELL ENCOUNTERED 450 METERS OF SHOWS AND LIQUID SAMPLES) Welchau-1 well testing in Q1 2026 X section showing Welchau-1 well, the Molln gas condensate discovery and after interruption due to environmental objections
Slide 15: Sicily Channel Gas Permit, Offshore Italy
SICILY CHANNEL GAS PERMIT, OFFSHORE ITALY ADX GROWTH OPPORTUNITY IN A NEW AND EMERGING GAS PRODUCTION PROVINCE Highly prospective permit for gas supported by historic data from For personal use only deeper oil exploration An emerging and newly producing New ADX Permit offshore gas province August
Slide 16: Sicily Channel Gas Permit - Prospective Resources Update
SICILY CHANNEL GAS PERMIT - PROSPECTIVE RESOURCES UPDATE Revised gas resource estimates for permit of 619 BCF (P Mean, Net) prospective resources Incorporates data from the nearby Lippone-Mazara onshore gas field and the recently developed Argo, Cassiopea and Gemini fields as well as three addit
Slide 17: Sicily Channel Historic Data Availability Is the Key to Success
SICILY CHANNEL HISTORIC DATA AVAILABILITY IS THE KEY TO SUCCESS GAS PROVEN PLAY IN A LARGE AREA WITHIN SIMILAR RESERVOIRS 3. Several Miocene gas 1 1. ADX - C.R 150. AU sandstone reservoirs in onshore 1. ADX C.R 150.AU well data & 2D wells, close to Lippone field seismic clearly proves high porosity
Slide 18: Sicily Channel Permit, Offshore Italy
SICILY CHANNEL PERMIT, OFFSHORE ITALY A PROVEN GAS PLAY ESTABLISHED BY HISTORIC DATA AND ANALOGOUS FIELDS Biogenic gas play predicted in permit based on nearby Compelling Gross Revenue US$3,311m Split, analogous gas field (Lippone) and historic exploration well data conceptual for 300 BCF case 1 A
Slide 19: Upper Austria Prospect Inventory Announced August 2025
UPPER AUSTRIA PROSPECT INVENTORY ANNOUNCED ON 27 AUGUST 2025 NATURAL GAS CRUDE OIL Equity Prospect Prospective Resource (BCF) Prospective Resource (MMBBL) Play Type interest Permit Name Low Best Mean High Low Best Mean High [%] P90 P50 (Pmean) P10 P90 P50 (Pmean) P10 GOLD 4.1 7.5 8.3 13.4 - - - - 10
Slide 20: Thank You
For personal use only Thank You For further information: Ian Tchacos ASX: ADX Executive Chairman [email protected] Paul Fink adxenergy.com.au Chief Executive Officer [email protected] Amanda Sparks Finance Manager & Company Secretary Connect with Us [email protected] B