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Oil & Gas Upstream & Integrated

Driving forces Highlighted criteria & Among upstream and integrated oil and gas companies, there is a dimension weights need to develop corporate strategies that consider the transition to Environmental Dimension..26% low-carbon economies. Climate strategy and its link to corporate – Climate Strategy governance is, thus, increasing in importance for investors in this – Operational Eco-Efficiency sector. At the same time, companies need to make sure that their – Water Related Risks current businesses can generate cash flows to cover investment and dividend requirements, and weather significant near-term Social Dimension...... 32% demand fluctuations as consumer behavior adjusts to COVID-19. – Human Rights In the upstream segment, this requires diversifying to new growth – Occupational Health and opportunities in and renewable energies, such as wind Safety and solar. In downstream operations, cost competitiveness is – Social Impacts on closely linked to environmental and health and safety excellence. In Communities this context, the industry’s top performers are those able to manage a broad set of environmental, health and safety, ethical conduct, Governance & Economic and stakeholder risks. Taking these risks into account also goes Dimension...... 42% hand-in-hand with diversifying the mix and discerning the – Corporate Governance pathway to a low-carbon future. – Energy Mix – Risk & Crisis Management

Sustainability leaders 2021 Industry statistics

S&P Global Gold Class Number of companies assessed 114 PTT Exploration and Production Market capitalization of assessed companies Limited Thailand (in USD billion) 3681.6 PTT Public Company Limited Thailand Number of companies in Yearbook 17 S&P Global Bronze Class Market capitalization of companies in Yearbook , SGPS, S.A. (in USD billion) 516.3

Sustainability Yearbook Members ConocoPhillips United States S.A. Colombia United States Inpex Corporation* Japan MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Oil Search Limited Papua New Guinea OMV Aktiengesellschaft Petróleo Brasileiro S.A. - Brazil plc Netherlands Inc. Canada TOTAL SE France Vermilion Energy Inc. Canada Woodside Ltd YPF Sociedad Anónima Argentina

* S&P Global Industry Mover

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