Conrad Asia Energy Ltd. · ASX:CRD
Conrad Asia Energy — Investor Presentation (November 2026)
20 slides from Conrad Asia Energy's investor presentation, Nov 11, 2026
Slide 1: Powering the Southeast Asian Growth Story
ASX: CRD | INVESTOR PRESENTATION Conrad Asia al use only Energy Ltd Powering the Southeast Asian Growth Story Investor Presentation November 2026
Slide 2: Important Notice and Disclaimer
INVESTOR PRESENTATION | ASX: CRD Important Notice and Disclaimer This presentation has been prepared by Conrad Asia Energy Ltd (the "Company" or "Conrad"). The presentation does not purport to contain all the information that a CAUTIONARY STATEMENT prospective investor may require in connection with
Slide 3: Company Snapshot
INVESTOR PRESENTATION | ASX: CRD Company Snapshot Indonesia-based, ASX-listed gas developer currently developing the largest undeveloped gas field in the West Natuna Sea LAST CLOSE (30 Oct 2026) A$0.65 al use only MARKET CAPITALISATION ~A$126m 3 Operated PSCs in Indonesia Fully Funded Mako Gas Proje
Slide 4: Board of Directors
INVESTOR PRESENTATION | ASX: CRD Board of Directors With a strong technical, operational and financial track-record al use only PETER BOTTEN DAVID JOHNSON MILTOS XYNOGALAS PAUL BERNARD JEREMY BREST MARIO TRAVIATI • Extensive worldwide experience in • Geoscientist and GM with 46+ years • Geoscientist
Slide 5: Asia. The fastest-growing energy region.
INVESTOR PRESENTATION | ASX: CRD Asia. The fastest-growing energy region. • Conrad's gas is targeted at Southeast Asia, a region defined by structural demand growth, domestic gas prioritisation, and pricing that reflects international value • Indonesia is the 4th most populous nation and Jakarta is
Slide 6: Batam. Asia's rising industrial & energy hub.
INVESTOR PRESENTATION | ASX: CRD Batam. Asia’s rising industrial & energy hub. Trade-war supply chain shifts, gas-fired power, and free-trade status are turning an overlooked Indonesian island into Southeast Asia’s next manufacturing and data-centre base. What it means for Conrad long-term: stable b
Slide 7: Attractive portfolio of operated PSCs
INVESTOR PRESENTATION | ASX: CRD Attractive portfolio of operated PSCs Mako Gas Field ⚬ Largest undeveloped resource in the Natuna Sea al use only ⚬ Duyung PSC, 22.875% (1), operated interest ⚬ 2P Reserves of 330 Bcf (gross, 100% basis), 51 Bcf Conrad net entitlement after government take (1,2) ⚬ FI
Slide 8: Mako Gas Project: Conrad's Anchor
INVESTOR PRESENTATION | ASX: CRD Mako Gas Project: Conrad’s Anchor al use only A FUNDAMENTAL TRANSFORMATION IN 2026. Following Final Investment Decision (FID) in 1Q26, Conrad completed the transition from an exploration & appraisal company into a fully-funded, fully-contracted gas developer, with fi
Slide 9: Mako: Largest Undeveloped Gas Field in the South Natuna Sea
INVESTOR PRESENTATION | ASX: CRD Mako: Largest Undeveloped Gas Field in the South Natuna Sea al use only Substantial, high-quality 100% of Mako gas Fully-funded project as a gas reserves in close contracted domestically result of strategic farm proximity to gas markets at attractive terms down to Na
Slide 10: Mako is Fully Funded. No equity dilution to Conrad
INVESTOR PRESENTATION | ASX: CRD Mako is Fully Funded. No equity dilution to Conrad to bring field to production al use only In addition, the farm-down includes cash payments to Conrad. 75% Nations FUNDS 75% US$9 million has been received so far Nations funds its entire 75% share of Mako development
Slide 11: Fabrication Underway. First Gas 4Q 2027
INVESTOR PRESENTATION | ASX: CRD Fabrication Underway. First Gas 4Q 2027 >90% of capital contracts locked in; full-scale fabrication underway • Production infrastructure to support a 20 year life with a nominal design capacity of 172 mmscfd raw gas vs. ~112 mmscfd sales contract al use only 6 $320M
Slide 12: 100% Gas Contracted: Path to first gas – Q4 2027
INVESTOR PRESENTATION | ASX: CRD 100% Gas Contracted Path to first gas – Q4 2027 al use only Nov 2025 Mar 2026 3Q 2026 Oct 2026 4Q 2026-2Q 2027 4Q 2027 Q4 2027 Nations FID 90+% Capex GSA for 100% Fabrication Installation & First Gas Farm-Down Approved Contracted Gas Effective & Drilling Commissionin
Slide 13: Substantial Cash Flow Generation Capacity
INVESTOR PRESENTATION | ASX: CRD Substantial Cash Flow Generation Capacity CRD Share of Cumulative Cash Flow before Debt Service vs Market Cap (US$ million) (1) ● With attractive oil-linked gas prices, Mako’s cash flow al use only (sensitivity to various sales scenarios (sensitivity to various oil p
Slide 14: Aceh: Existing Discoveries Underpin Base Value
INVESTOR PRESENTATION | ASX: CRD Aceh: Existing Discoveries Underpin Base Value. Significant Exploration Upside Creates Long-Term Value al use only Conrad’s two operated PSCs in Aceh provide near-term development potential via the formulation of Plans of Development for the substantial discovered sh
Slide 15: Aceh: Shallow Water Discovered & Prospective Resources
INVESTOR PRESENTATION | ASX: CRD Aceh: Shallow Water Discovered & Prospective Resources Meulaboh cluster N Meulaboh cluster · ONWA PSC Singkil cluster · OSWA PSC Meulaboh Upper Miocene reef build-ups in 50–80 m of water, close to shore Upper Miocene reef build-ups, ~28 km pipeline route to shore 121
Slide 16: Aceh: Multiple Commercialisation Options
INVESTOR PRESENTATION | ASX: CRD Aceh: Multiple Commercialisation Options In a growing gas market - PLN's gas demand grows ~4.5% a year, mostly met by LNG; a small-scale LNG lets Aceh gas reach it Multiple Commercialisation Options al use only PLN gas demand, bbtud • MOU signed with PGN; now also in
Slide 17: Aceh: Low-risk shallow-water gas to fund deepwater play
INVESTOR PRESENTATION | ASX: CRD Aceh: Low-risk shallow-water gas to fund an early-stage deepwater play led by Agam, de-risked by targeted 3D al use only Shallow water: Development Deepwater: the Upside Catalysts 216 bcf(1) 546 bcf(2) 14 tcf(4) 2027 2C Contingent Resources Shallow-water P50 recovera
Slide 18: Aceh: Excellent Deepwater Potential
INVESTOR PRESENTATION | ASX: CRD Aceh: Excellent Deepwater Potential Agam (PL-1): A four-way Pliocene Anticline with flat spots on both dip lines: 1.8 tcf P50 recoverable A PL-1 (Agam) A′ B PL-1 (Agam) B′ Agam at a Glance al use only • Hard, flat event at one depth on two crossing PSDM lines, ending
Slide 19: Investment Summary: Funded, contracted and positioned for growth
INVESTOR PRESENTATION | ASX: CRD Investment Summary: Funded, contracted and positioned for growth, operating in fastest-growing gas market globally al use only Investment highlights Upcoming catalysts to look out for With Mako funded and advancing, Conrad is positioned to expand its future 1 Mako de
Slide 20: Thank You
INVESTOR PRESENTATION | ASX: CRD THANK YOU al use only CONRAD ASIA ENERGY 84 Amoy Street #03-01 Singapore 069903 [email protected] +65 6517 9700 JANE MORGAN Investor & Media Relations [email protected] +61 405 555 618 Authorised by the Board of Directors of Conrad Asia Energy Ltd | AS
Conrad Asia Energy — Investor Presentation (November 2026) on 6ix