Building Shareholder Value Through Company Growth

SNM
TORONTO STOCK EXCHANGE VENTURE
NASDAQ FIRST NORTH GROWTH MARKET

Financial Calendar & Events

Period Period End Reporting Date
Annual Dec 31, 2020 Mar 3, 2021
Q1 Mar 31, 2021 May 6, 2021
Q2 Jun 30, 2021 Aug 10, 2021
Q3 Sep 30, 2021 Nov 10, 2021

Annual Shareholders Meeting to be held on June 23, 2021 at the Company’s Vancouver office: 2000 - 885 West Georgia Street, Vancouver, BC

ShaMaran Strategy

Focus on Production Growth

Focus on Cash Flow and Build-up of Cash Reserves

Focus on Value Creation

Important Information About Forward Looking Statements

Atrush – Asset Development Strategy

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2017-2018

Start-up Capacity


State of the art and fully automated facilities commissioned in July 2017


30 Mbopd well and processing capacity

2019-2020

Debottleneck & Mature Resource Base


Expand Processing Capacity to 58 Mbopd through PF-1 debottlenecking and EPF addition


Deliver ten development wells


Deliver cost savings to assure project resilience

2021

Position to Deliver Value


Return to normal operations following COVID impact


De-risk "integrated oil column" development concept


Resume suspended capital programs


Increase well capacity with additional development wells

2022+

Deliver Full Asset Value


Implement "integrated oil column" development plan


Drill and complete additional production wells


Optimise available processing capacity


Deploy full ESG solution

TSX.V
SNM
Nasdaq
SNM

Pareto Securities AB is the Company's Certified Advisor on Nasdaq First North Growth Market, +46 8 402 5000, certifiedadviser.se@paretosec.com

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