Contract analysis

1. Overview of Our ESG Commitment Dunmore Energy Holdings Ltd. is an upstream and midstream oil and gas company with diversified operations spanning West Africa, the Gulf of Mexico, and a growing renewable energy portfolio in the United States. The Company's upstream operations include producing assets in Nigeria — specifically Onshore Mining Leases OML 47 and OML 63, both located in the Niger Delta — and the Cayar O

2. Climate and Greenhouse Gas Emissions The Company recognizes that climate change and greenhouse gas ("GHG") emissions represent material risks and opportunities for its business, its investors, and the communities in which it operates. As an upstream and midstream oil and gas producer, Dunmore is both a contributor to and is affected by the global challenge of climate change. The Company is committed to transparent

3. Net-Zero by 2050 Commitment The Company has committed to achieving net-zero Scope 1 and Scope 2 greenhouse gas emissions by 2050 (the "Net-Zero Commitment"). This commitment was formally adopted by the Board of Directors in November 2023, following a comprehensive review of the Company's climate strategy conducted in collaboration with Barrisford Advisory Group LLC and is endorsed by Board Chair Lady Constance Har

4. Community Development and Social Investment The Company recognizes that its operations have a direct and significant impact on the communities in which it operates. Dunmore is committed to being a responsible corporate citizen and to investing in programs that promote economic development, social welfare, and quality of life in its host communities. The Company's community development and social investment activit

5. Environmental Management and Biodiversity The Company is committed to minimizing the environmental impact of its operations and to protecting biodiversity and ecosystems in the areas where it operates. The Company maintains an Environmental Management System ("EMS") that is aligned with the principles and framework of the ISO 14001 Environmental Management Systems standard. While the Company has not sought formal

6. Health and Safety The safety of the Company's employees, contractors, and the communities in which it operates is a core value and a top operational priority. The Company maintains a comprehensive health, safety, and environment ("HSE") management framework that is designed to prevent workplace injuries, process safety incidents, and environmental releases, and to promote a culture of safety across all operating j

7. Governance and Ethics Strong corporate governance and a commitment to ethical business conduct are foundational to the Company's ESG framework and its long-term sustainability. The Board of Directors, chaired by Lady Constance Harrowby, provides strategic direction and oversight across all dimensions of corporate governance, including ESG strategy, climate risk management, and sustainability reporting. The Board h

8. Sustainability Reporting and Frameworks The Company's ESG disclosures in this Offering Memorandum are informed by several leading sustainability reporting frameworks and standards, reflecting the Company's commitment to transparency and comparability in ESG reporting. Specifically, the Company's disclosures are informed by: • SASB Oil & Gas Exploration & Production Standard: The SASB standard identifies the subset

9. Summary ESG Data Table The following table presents a consolidated summary of key ESG and operational metrics for FY 2024. Unless otherwise indicated, ESG data was prepared with the assistance of Barrisford Advisory Group LLC and financial data was audited by Alverton & Co. LLP. Note: ESG data has been prepared by Barrisford Advisory Group LLC and has not been independently audited or verified by Alverton & Co. LL

10. Cautionary Statement Regarding Forward-Looking Statements This section of the Offering Memorandum contains forward-looking statements relating to, among other things, the Company's net-zero commitment and related interim emissions reduction targets, planned capital investments in emissions reduction infrastructure (including gas capture, reinjection, and compression facilities at OML 47 and OML 63), the Cayar Off