This section details Cue Energy Resources’ approach to climate disclosure and climate risk management. It is structured in accordance with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations: – Climate Change Statement – Governance – Strategy – Risk management – Metrics and targets 1. Statement on climate change from the Chief Executive Energy supply and security remain critical themes globally. Rising energy demand and market volatility highlight the need for reliable and affordable energy. Our commitment to sustainable development continues to be a core element of our long-term strategy. The energy transition will be complex, unfolding over decades. Despite this shift, natural gas and oil are expected to remain vital components of the energy mix under various transition scenarios. An orderly transition is essential to manage climate-related risks without causing energy shortages, price spikes, or economic disruptions. Cue recognises the scientific consensus of climate change and its impact on our community and environment. We remain committed to supporting our joint venture partners to reduce emissions at our non-operated projects and reducing emissions at our corporate offices in Melbourne and Jakarta and actively offset our corporate emissions by planting trees through Greenfleet. We believe a collaborative transition is necessary, ensuring we empower and support our joint venture partners and operators to lead in emissions reduction, fostering collaboration and shared responsibility by leveraging existing infrastructure, technical expertise, and relationships. Over the past year, we have continued to identify, manage, report, and mitigate material climate risks to our business. This report details our assessment of the business risks linked to climate change and how we manage them. As we look to the year ahead, we remain committed to evaluating our progress and setting new benchmarks to support the transition to a sustainable future while managing our footprint responsibly in the interest of our shareholders and the wider community. Matthew Boyall Chief Executive Officer Taskforce on Climate–Related Financial Disclosures (TCFD) Statement 16 Cue Energy Resources Limited Annual Report 2024
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