Lundin Petroleum – Interim Target A

• From 2020 limit average operated and non-operated portfolio carbon intensity to below 4kg CO2 per boe and from 2023 to below 2kg CO2 per boe • In 2022 fully electrify Edvard Grieg and Johan Sverdrup Phase 2, to achieve carbon intensity for these assets of less than 1kg CO2 per boe • From 2022 replace all net electricity usage from power from shore, through investments in renewable power generation • To offset all business and operationally related air travel emissions through natural carbon capture, effective from 2018

• Interim Target Baseline Year: 2020