VERMILION ENERGY INVESTOR PRESENTATION GLOBAL GAS PRODUCER FREE CASH FLOW FOCUSED FINANCIAL DISCIPLINE NOVEMBER 2025 WHY INVEST IN VERMILION? Repositioned Global Gas Portfolio o More efficient, long-life assets with direct exposure to premium-priced European gas Dominant Deep Basin Montney Momentum o Free cash flow inflection following infrastructure build-out Germany Production Growth o Positioned for organic growth with production from new discoveries, upside from additional prospects Return of Capital o ...