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Disclaimer

These materials are an advertisement for the purposes of the Prospectus Regulation EU 2017/129 and underlying legislation. They include a prospectus prepared in the Arabic language and/or an unofficial English language translation thereof (the “Prospectus”) published by OQ Exploration and Production SAOG (under transformation) (the “Company”). The Prospectus prepared in the Arabic language has been approved by the Omani Financial Services Authority.

The information contained in these materials is for background purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purposes whatsoever on the information contained in these materials or on its completeness, accuracy or fairness. The information in these materials is subject to change. No obligation is undertaken to update these materials or to correct any inaccuracies, and the distribution of these materials shall not be deemed to be any form of commitment on the part of the Company to proceed with the Offering or any transaction or arrangement referred to herein. Other than the Prospectus prepared in the Arabic language, which has been approved by the Omani Financial Services Authority, these materials have not been approved by any competent regulatory authority. None of the Joint Global Coordinators, the Issue Manager, the Collection Agents and/or any of their respective subsidiaries, affiliates or any of their respective directors, officers, employees, advisers and/or agents are responsible for the contents of these materials.

These materials do not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any shares or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with or act as an inducement to enter into, any contract or commitment whatsoever. Investors should not purchase any shares referred to in these materials except on the basis of information in the Prospectus approved by the Omani Financial Services Authority and published by the Company in connection with the proposed admission of the shares to listing and trading on the Muscat Stock Exchange. The Offering and the distribution of these materials and other information in connection with the Offering in certain jurisdictions may be restricted by law and persons into whose possession these materials, any document or other information referred to herein comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

These materials are not directed at or accessible, directly or indirectly, by persons in the United States (including its territories and possessions, any State of the United States and the District of Columbia), Canada, Australia, South Africa or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for, or otherwise invest in, securities in the United States. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the “Securities Act”) or with any securities regulatory authority of any state or other jurisdiction in the United States. There will be no public offering of any securities in the United States.

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Quality, Health, Safety &
Environment

Health & Safety

OQEP has established a framework to protect the health, safety, and welfare of its employees, contractors, and communities. This framework originates from our core values and is guided by our leadership approach of integrating health and safety standards across all our operations. Our HSSE policies follow international standards of the Integrated Management System (IMS).

Our people are the cornerstone of our success, which is why we have established a ‘Caring for People’ strategy to maintain stable occupational health among our employees. The strategy covers four main areas: occupational medicine, medical emergency, industrial hygiene, and ergonomics.

Proactive measures are taken to ensure contractors’ fitness to work. OQEP fully complies with the Occupational Health Department’s updated requirements for contractors, including the exams matrix, and has improved the process flow for report submission.

Over the years, OQEP has witnessed a sustained reduction in its Total Recordable Injuries Frequency (TRIF) and Motor Vehicle Incident Frequency (MVIF) statistics towards the goal of zero injuries.

Environment

OQEP’s is committed to environmental conservation beyond decarbonisation. Projects such as the coral enhancement initiative aimed at preserving and restoring vital marine ecosystems in Musandam, demonstrate the significant positive impact of our programs.

These efforts are part of a broader, integrated ESG strategy, managed by a dedicated ESG team that ensures all initiatives align with OQEP’s sustainability goals. The Board of Directors plays an active role in this process, regularly reviewing OQEP’s ESG performance to ensure continuous improvement.

OQEP’s sustainability initiatives are grounded in internationally recognised reporting standards and frameworks. We follow the Global Reporting Initiative (GRI) for transparent and consistent reporting, the Sustainability Accounting Standards Board (SASB) to meet industry-specific disclosure needs, and the Task Force on Climate-related Financial Disclosures (TCFD) to provide insights into climate-related risks and opportunities.