Lunde Discovery Category Gross Attributable to Licence (MMbbl/ Bcf) Net Attributable (30% Lime share) (MMbbl / Bcf) Net Attributable1 (80.14% Rex Int share of Lime) (MMbbl / Bcf) Change2 from previous update (%) Risk Factors3 Remarks RESERVES Oil Reserves 1P - - - - - 2P - - - - - 3P - - - - - Natural Gas Reserves 1P - - - - - 2P - - - - - 3P - - - - - Natural Gas Liquids Reserves 1P - - - - - 2P - - - - - 3P - - - - - CONTINGENT RESOURCES Oil 1C 0.52 0.16 0.13 - 0.80 31.12.24 is first time Lunde has bookable resources 2C 1.40 0.42 0.34 - 0.80 3C 2.42 0.73 0.58 - 0.80 Natural Gas 1C 19.95 5.99 4.80 - 0.80 31.12.24 is first time Lunde has bookable resources 2C 28.43 8.53 6.84 - 0.80 3C 38.03 11.41 9.14 - 0.80 Natural Gas Liquids 1C 0.57 0.17 0.14 - 0.80 31.12.24 is first time Lunde has bookable resources 2C 0.81 0.24 0.19 - 0.80 3C 1.09 0.33 0.26 - 0.80 Notes: 1. Net Attributable to Rex International Holding Limited means the volumes attributable to Rex International Investments Pte. Ltd., a wholly owned subsidiary of Rex which has an 80.14% ownership in Lime Petroleum Holding AS. Lime Petroleum Holding AS owns 100% of Lime Petroleum AS (“LPA”), which is the licensee of the Norwegian production licences. 2. Change from previous update means the change in the volume attributable to Rex International Holding Limited. The overall change shown includes changes in estimates of the remaining recoverable volumes for the field as well as the change in Rex’s ownership share in LPA (reduced from 91.652% to 80.14%). 3. Applicable to Contingent Resources. “Risk Factor” for Contingent Resources means the estimated chance, or probability, that the volumes will be commercially extracted. N.A. denotes Not Applicable. 1P: Proved 2P: Proved + Probable 3P: Proved + Probable + Possible MMbbl: Millions of barrels Bcf: Billions of cubic feet Name of Qualified Person: Steinar S. Johansen Date: 3 March 2025 Professional Society Affiliation/Membership: Society of Petroleum Engineers (SPE), European Association of Geoscientists and Engineers (EAGE), London Petrophysical Society (LPS), CFA Institute Rex International Holding Limited 5 1
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