Market Alert: Santos Market Announcements

Dear Shareholder,

Santos 2021 Full-year results

Santos today announced its full-year results for 2021, reporting record free cash flow of US$1.5 billion and underlying profit of US$946 million. The results reflect significantly higher oil and LNG prices compared to the corresponding period due to the recovery in global energy demand combined with supply constraints across the industry due to lower capital investment through the pandemic, and three weeks contribution from the Oil Search assets.

To view a video presentation on the results from Kevin Gallagher, Managing Director and Chief Executive Officer and Anthea McKinnell, Chief Financial Officer please click here.

Regards

Chris Hagan
Head of Fixed Interest
JMP Securities Limited

e. chris.hagan@jmpmarkets.com
m. +61 414 529 814 t. +675 7231 9913
a. Level 1, Harbourside West, Stanley Esplanade, Port Moresby NCD Papua New Guinea
p. PO Box 2064, Port Moresby NCD Papua New Guinea w. www.jmpmarkets.com