DANA GAS (DANA) Corporate Presentation summary

Performance snapshot

• Group operations stable in H1 2025; Khor Mor field surpassed 500 million boe cumulative production.

• Daily output reached 525 MMscf/d, up 75% since 2017; KM250 project on track for Q1 2026 completion.

• Net profit for Q1 2025 was $43mm (+13% YoY) despite softer oil prices; revenue at $91mm (-6% YoY).

• Cash balance at $373mm, including $214mm at Pearl JV; total debt at $285mm.

• $105mm FY 2024 dividend approved and paid in May 2025.

Company overview and strategy

• Regional gas producer listed on Abu Dhabi Securities Exchange, supplying KRI and Egypt.

• Powers 75-80% of KRI electricity grid, enabling cost savings and cleaner energy.

• 2P reserves of 1,110 MMboe; FY 2024 net profit $151mm, EBITDA $263mm, revenue $445mm.

• Strategic partnerships anchored in Pearl Petroleum, the leading non-associated gas producer in KRI.

Investment highlights

• Over 1 billion boe in 2P gas reserves; production set to increase 50% by end of 2026.

• Strong cash generation supports sustainable dividends; FY24 dividend yield at 7.5%.

• UAE Gas Project arbitration award of $608mm received; further claims ongoing.