Kistos (KIST) Corporate presentation summary

Leadership and management

• Executive team with proven track record in oil and gas, including successful exits and shareholder returns.

• Recent CEO and CFO appointments bring additional industry and financial expertise.

• Board includes experienced non-executive directors supporting governance.

Strategic focus and growth

• Accelerated growth through value-accretive M&A and a flexible investment mandate.

• Diversified portfolio across upstream and midstream, both offshore and onshore.

• Emphasis on operational excellence, safety, and environmental protection.

• Strong industry partnerships to ensure reliable energy supply.

Operational highlights and production

• Balder Future reached peak production, with all 14 wells online and exceeding expectations.

• FY25 production guidance set at 8.0–9.0 kboepd, with peak over 16.0 kboepd in September.

• Production from Jotun FPSO, Balder FPU, and Ringhorne facilities totals over 110,000 boepd gross.

• Hybrid bond debt cancelled, replaced by warrants for shareholders.