Keith Spence

Well, good morning, ladies and gentlemen, and fellow shareholders. As Chair, it's my pleasure to welcome you to the 2026 Annual General Meeting of Santos Limited. My name is Keith Spence. It's great to see so many of you here at the Adelaide Convention Centre today. Our live webcast is also underway.

I begin by acknowledging that we're meeting on the traditional lands of the Kaurna people, and I pay my respects to their elders past and present. I also acknowledge the traditional owners and indigenous people everywhere we operate, and thank them for working with us.

I hope you enjoyed the opening video and are as proud as I am of the outstanding progress we've made over the year, progressing and commissioning our major Barossa and Pikka projects and continuing to build strength, efficiency and lasting resilience into our base business in addition to our continued success at Moomba CCS.

Kevin and I will talk more about the year that's been during the business of the meeting. And please note that the values referred to are U.S. dollars unless we otherwise state.

Before we commence the business of the meeting, please familiarize yourselves with the evacuation procedures shown on the screen above.

I confirm that a quorum is present and now formally declare the meeting open.

And let me commence our business for today with some introductions. Fellow members of the Santos Board here today include from my far left, Independent Nonexecutive Directors, John Lydon, Janine McArdle, Musje Werror, Vanessa Guthrie. And seated immediately to my left, our CEO and Managing Director, Kevin Gallagher. Next to me on my right is Amelia Senneck, our Company