NewMed Energy (NWMD) Investor presentation summary

Strategic asset portfolio and market positioning

• Operates across the full E&P value chain, with a market cap of approximately $6.5 billion and a robust asset base supporting financial strength and regional expansion.

• Leviathan field is a key regional energy asset, with 2P reserves of 19.5 tcf gas and 43 mmbbl condensate, and production capacity set to rise from 12 bcm/y in 2019 to over 21 bcm/y by 2029.

• Long-term contracts with take-or-pay mechanisms and Brent-linked pricing provide stable revenue streams and limited commodity price risk.

Operational and financial performance

• Net production from Leviathan (45.34% WI) averaged 5.0–5.2 bcm annually from 2022–2025, with realized prices rising from $5.6 to $6.2/mmbtu.

• Annual revenues from Leviathan ranged from $1,011 million to $1,144 million between 2022 and 2025, with EBITDA consistently above $759 million.

• Average operating expenses remained stable at $0.84/mcf.

Regional demand and connectivity

• Leviathan is critical for regional energy security, addressing Israel’s energy independence and supporting Egypt and Jordan amid rising demand and declining local production.

• Egypt faces a projected gas deficit of 40–50 bcm/y by 2030, while Israel’s domestic market will require an additional 5.3 bcm by 2035.

• Infrastructure expansions, including pipelines and compression stations, are set to boost Leviathan’s export capacity to 1,625 mmcf/d by 2028.