GLOBAL STATUS OF CCS 2023

• Strengthening general climate policy • Establishment of national CCS targets • Creation of International CCS ambition: Carbon Management Challenge • Strengthening fiscal incentives – operational and capital support • Development of CCS regulations CCS PROJECT PIPELINE: UNPRECEDENTED LEVELS GLOBAL CCS FACILITIES - 2023 41 Facilities in operation 26 Facilities in construction 325 Facilities in dev. [...] G in Japan, there are 7 separate CCS Networks in development CO2 TRANSPORT & STORAGE More complex CO transport logistics emerging 78% of CCS facilities in construction or 2 development by capacity expected to use dedicated geological storage CCS Facility by CO2 Transport Mode CCS Facility Capacity by Storage Type In development In construction or operation Count of CCS Facilities Percentage of Cap. [...] Brazil • Petrobras CCS project in the Santos Basin injected 10.6 Mt CO2 in 2022 and aims to inject cumulative total of 80 Mt CO2 (since start of operations) by 2025. [...] • Japan progressed its CCS roadmap and announced support for seven CCS networks that will capture CO2 in Japan for storage in the offshore waters off Japan and in the wider Asia-Pacific region. [...] • In Australia, the House of Representatives passed a bill to ratify the 2009 & 2013 amendments to the London Protocol to allow transboundary transport of CO2 for geological storage.