Governance+B3:D21

Disclosure / Explanation

Disclose the organization’s governance around climate-related risks and opportunities.

Board’s oversight of climate-related risks and opportunities

A cleaner energy future. Climate change strategy. Corporate governance structure for addressing climate change, Page 24

Management’s role in assessing and managing climate-related risks and opportunities

Strategy

Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s business, strategy, and financial planning where such information is material.

Climate-related risks and opportunities the organization has identifed over the short, medium, and long-term

A cleaner energy future. Our approach, Page 22
A cleaner energy future. Climate change strategy, Pages 23-24
A cleaner energy future. Climate change strategy. Impacts, mitigation or remediation strategies, and challenges, Page 24

Impact of climate-related risks and opportunities on the organization’s businesses, strategy, and fnancial planning

Resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario

Risk Management

Disclose how the organization identifes, assesses, and manages climate-related risks.

Organization’s processes for identifying and assessing climate-related risks

A transparent and ethical business. Risk management, Page 50
A cleaner energy future. Climate change strategy. Impacts, mitigation or remediation strategies, and challenges, Page 24

Organization’s processes for managing climate-related risks

Processes for identifying, assessing, and managing climate-related risks are integratedinto the organization’s overall risk management

Metrics and Targets

Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.

Metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process

Key indicators. A cleaner energy future. Total use of energy by source in the gas fields / Energy consumption within the
organization, Page 13
Key indicators. A cleaner energy future. GHG emissions from operational control, Page 13
Key indicators. A cleaner energy future. Air quality / Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant
air emissions, Page 13
A cleaner energy future. Energy. Total use of energy by source in the gas fields (GJ), Page 25
A cleaner energy future. Energy. Energy consumption by operative and administrative activities in the gas fields, Page 26
A cleaner energy future. Energy. Energy consumption by subcontracted activities in the gas fields, Page 26
A cleaner energy future. Energy. Total non-renewable and renewable energy consumption (GJ), Page 26
A cleaner energy future. Energy. Energy intensity (kWh / BARREL-E), Page 26
A cleaner energy future. Managing carbon emissions. Direct and indirect greenhouse gas emissions (GHG), Page 27
A cleaner energy future. Managing carbon emissions. Percentage of operation covered by our GHG footprint measurement, Page 27
A cleaner energy future. Managing carbon emissions. Emission intensity (kg CO2 eq / BBL-eq), Page 28
A cleaner energy future. Managing carbon emissions. Significant air emissions, Page 28
A cleaner energy future. Managing carbon emissions. Gross global emissions of scope 1 greenhouse gases (GHG) into the atmosphere, Page 29
A cleaner energy future. Managing carbon emissions. Scope 1 gross emissions amount (metric tonnes of CO2 eq) Page 29
A cleaner energy future. Managing carbon emissions. CH4 emissions (tonnes) Page 29
A cleaner energy future. Our ESG goals 2021-2026 Page 29
A cleaner energy future. Environmental management at the Rancho Hermoso oil field, Annual GHG emissions (tons) Page 42

Scope 1, Scope 2, and, if appropriate, Scope 3 GHG emissions, and the related risks

Targets used by the organization to manage climate-related risks and opportunities and performance against targets