PEDEVCO (PED) Lytham Partners Fall 2026 Investor Conference summary

Leadership and strategic direction

• Interim CEO and COO appointed, with a full-time CEO search ongoing through Q4 2026.

• Leadership transition expected to maintain continuity and focus on execution.

• Strong insider alignment, with over 85% ownership between top shareholders and management.

Operational highlights and asset base

• Focused on Rockies with 300,000 net acres and over 1,000 gross identified drilling locations.

• Production base of 6,800 BOE/day in Q2 2026, 88% liquids, with DJ and Powder River basins as core assets.

• Active drilling program with 15+ gross wells in the second half of 2026, spanning multiple formations.

• Inventory supports decades of potential development and organic growth.

Financial performance and guidance

• Q2 2026 revenue of $46 million, adjusted EBITDA of nearly $19 million, and net income close to $18 million.

• First half 2026 EBITDA totaled almost $37 million; pro forma 2026 EBITDA guidance reaffirmed at $60–$70 million.

• Conservative balance sheet management, targeting net debt to EBITDA of around 1x.