Announcement PDF Q3 FY25 Quarterly Report 28th April 2025 South Erregulla Earthworks Underway Highlights • Financing documentation executed with Macquarie for $217 million. • Earthworks commenced at South Erregulla for construction of 85 MW Peaking Gas Power Station. • Natta 3D seismic acquisition complete over Erregulla Deep and the northern extent of West Erregulla. • Strategic review and CEO transition progressing well, on track for completion in Q2. Strategic Review & CEO Transition Strike’s strategic review is progressing well and remains on track to be delivered this quarter. The initial phase of the review, supported by global management firm, Oliver Wyman, has reaffirmed our identity as a vertically integrated energy company, strategically positioned for the energy transition with a portfolio of high-quality assets centrally located to deliver energy into the Western Australian energy system. The next phase of the Board-led internal strategic review will concentrate on the optimum pathways to unlock the full potential of our asset base, with particular focus on the optionality provided by the advantageous location of our assets within the primary electricity grid of Western Australia. This positioning presents a range of opportunities across infrastructure, market access and future development pathways. By harnessing this geographic advantage, we are aligning our operations and growth strategy to drive long-term value for shareholders. In addition, several high calibre CEO candidates are in the final stages of the recruitment process, with the final candidate on track to be announced in line with the outcomes of the Strategic Review. Comments from Executive Director and Acting CEO, Jill Hoffmann: “This quarter has seen steady production from Walyering and solid progress in the construction phase of the 85 MW Peaking Gas Power Station at South Erregulla. Energy market conditions continue to underline the value of developing gas in the Perth Basin through integrated gas-to-power as Western Australia grapples with its energy transition. We are making excellent progress with regards to the strategic review and the appointment of a new CEO and look forward to sharing the outcomes with shareholders during this quarter.” Strike Energy Limited ABN 59 078 012 745 www.strikeenergy.com.au P: +61 8 7099 7400 E: strike@strikeenergy.com.au Level 1, 40 Kings Park Road West Perth WA 6005 Key Performance Metrics Dec Q2 FY25 Mar Q3 FY25 Qtr on Qtr change FY24 YTD FY25 YTD Change (PJe net) 2.25 2.33 3% 4.15 6.99 68% (PJe net) 2.25 2.33 3% 3.28 6.99 >100% 17.53 18.59 6% 32.41 54.40 68% 17.53 18.59 6% 25.76 54.40 >100% Cash and cash equivalents 33.13 22.30 (33%) 44.61 22.30 (50%) Undrawn debt 0.00 0.00 - 46.75 - (100%) Total Liquidity 33.13 22.30 (33%) 91.36 22.30 (76%) Dec Q2 FY25 Mar Q3 FY25 Qtr on Qtr change FY24 YTD FY25 YTD Change PJ 2.04 2.25 11% 4.05 6.61 63% PJ 2.04 2.25 11% 3.21 6.61 >100% kbbl 14.01 15.03 7% 32.01 45.82 43% kbbl 14.01 15.03 7% 25.31 45.82 81% PJe 2.13 2.34 4% 4.24 6.88 62% PJe 2.13 2.34 4% 3.36 6.88 >100% MMboe 0.35 0.38 4% 0.69 1.12 63% MMboe 0.35 0.38 4% 0.55 1.12 >100% A$ million unless indicated Sales volume (gross) Sales volume (net to Strike) Sales revenue (gross) Sales revenue (net to Strike) Key Production Metrics Production by product Sales gas (gross) Sales gas (net to strike) 1 Condensate (gross) Condensate (net to strike) Total production (gross) Total production (net to Strike) Total production (gross) Total production (net to Strike) Note: Net to Strike is 55% equity to 31 Dec 2023 and 100% thereafter. Evolving Fundamentals Underscore Integration Strategy at South Erregulla • WA spot gas market conditions continued to soften with maximum spot prices over the quarter at an average of $7.90 per gigajoule 2. • Volume weighted average price for electricity in WA was $89/MWh (up 14% quarter on quarter), with average peak electricity price (4pm – 9pm) of $130/MWh (down 19% quarter on quarter). • Recent easing in domestic gas prices has highlighted that Strike’s strategic pivot into gas peaking power generation is proving prescient, with market signals continuing to validate the need for flexible and reliable power generation assets. • Electricity demand remains robust across the WA market, particularly during peak periods, driven by ongoing electrification trends and intermittent renewable generation shortfalls. 1 Sales gas production includes gas invoiced in a prior period and taken as ‘banked gas’ pursuant to the ‘Take or Pay’ contract with Santos WA Ltd. 2 Prices sourced from Gas Trading Australia Pty Ltd: https://www.gastrading.com.au/spot-market/historical-prices-and-volume/price-history-table. 2 Production, Exploration & Development Walyering (L23 & EP447, 100% and operator) • Steady-state production of ~2.3 PJe of gas and condensate or 25 TJ/d of sales gas and 167 bbls/d of condensate. • APA Group completed commissioning of the inter-pipeline connection at Mondarra. • The interconnect has reduced historical market imbalances, enhancing overall efficiency and pricing convergence between the historically independent markets of the Dampier to Bunbury Natural Gas Pipeline (DBNGP) and the Parmelia Gas Pipeline (PGP). • Sales above the 25 TJ/d firm off-take agreements will depend on market conditions and reserves replacement. West Erregulla (L25 & EP469, STX 50% and operator) • Natta 3D seismic acquisition completed over Erregulla Deep and the northern extent of West Erregulla with a total of ~132 km2 acquired. • Natta 3D will be merged with the existing West Erregulla 3D using modern seismic processing techniques. • Strike along with Hancock Energy, as the L25/EP469 Joint Venture, are committed to developing West Erregulla to meet expected market demand. In line with this, and as part of the Strategic Review, Strike is assessing a range of midstream development pathways to optimise its share of the West Erregulla and Erregulla Deep resources. 3 South Erregulla (L24, STX 100% and operator) • Earthworks commenced at South Erregulla to prepare for construction of the 85 MW Peaking Gas Power Station. • Multiple critical packages awarded and executed, with over 50% of project CapEx locked-in through fixed price contracts. • Civils and concrete construction contract awarded and executed, with equipment mobilised to site. • Subsequent to the end of the quarter, earthworks have been completed and temporary construction facilities installed onsite. South Erregulla Project Site, April 2025 L7 & EP437 Joint Venture (L7 & EP437, STX 25% and non-operator) • Subsequent to the quarter, operator, Triangle Energy, drilled Becos-1, with no commercial quantities of moveable hydrocarbons discovered in any of the reservoir targets. The well has been plugged and abandoned. Financial • Gas sales revenues totalled $17 million. Average realised gas prices were ~$7.54 GJ (up 6% qo-q). • Capital expenditure totalled $18.04 million, which included ~$10.5 million in development costs at South Erregulla and Walyering, and ~$7.5 million in exploration expenditure across the portfolio. • Definitive financing documentation executed with Macquarie for $217 million financing package 3. Of the total financing package, $162 million is committed with the balance of the 3 For more information refer to ASX release dated 31 March 2025 titled “Finance Facility Executed & South Erregulla Breaks Ground”. 4 package subject to Macquarie credit approval to be sought as and when the need for access to the funds is required. • Subsequent to the end of the quarter, conditions precedent were satisfied for the initial $60 million debt tranche which will enable Strike to refinance $43 million of existing facilities and access an additional $17 million. This milestone also defers the commencement of debt repayments until December 2026. • Documentation for the $49m asset finance facility has been completed, and conditions precedent are expected to be completed imminently. Revenue Note: Net to Strike is 55% equity to 31 Dec 2023 and 100% thereafter. A$ million Dec Q2 FY25 Mar Q3 FY25 Qtr on Qtr change FY24 YTD FY25 YTD Change 16.01 17.00 6% 29.42 49.24 67% 16.01 17.00 6% 23.40 49.24 110% 1.53 1.59 4% 2.99 5.16 73% 1.53 1.59 4% 2.36 5.16 119% 17.53 18.59 6% 32.41 54.40 68% 17.53 18.59 6% 25.76 54.40 111% Sales Revenue Gas (gross) Gas (net to Strike) 4 Condensate (gross) Condensate (net to Strike) Total Sales Revenue (gross) Total Sales Revenue (net to Strike) Average Realised Prices Gas ($/GJ) 7.34 7.54 3% 7.38 7.30 (1%) Condensate ($/bbl) 122.16 119.30 (2%) 112.24 121.00 8% Dec Q2 FY25 Mar Q3 FY25 Qtr on Qtr change FY24 YTD FY25 YTD Change Exploration & Appraisal 13.43 7.50 (44%) 76.54 28.85 (62%) Development 11.98 10.54 (12%) 6.31 27.23 >100% 25.42 18.04 (29%) 82.85 56.08 (32%) Dec Q2 FY25 Mar Q3 FY25 Qtr on Qtr change FY24 YTD FY25 YTD Change 33.13 22.30 (33%) 44.61 22.30 (50%) - - - 46.75 - (100%) 33.13 22.30 (33%) 91.36 22.30 (76%) Capital Expenditure A$ million Total Capital Expenditure Liquidity A$ million Cash & Cash Equivalents Undrawn Debt Total Liquidity Corporate & Commercial • During the quarter $260,771 in payments were made to related parties for director fees. 4 Sales gas revenue includes gas banked not taken or produced pursuant to the ‘Take or Pay’ contract with Santos WA Ltd. 5 Petroleum Tenements Held at the End of the Quarter Permit Type Basin Play Operator (parent) STX Interest Gross Area (acres) STX Net Area (acres) L23 (Walyering) Production Perth Basin Jurassic Wet Gas Strike 100% 18,222 18,222 L24 (South Erregulla) Production Perth Basin Permian Gas Strike 100% 18,409 18,409 L25 (West Erregulla) Production Perth Basin Permian Gas Strike 50% 36,914 18,457 L7 (Mount Horner) Production Perth Basin Permian Gas/Oil Triangle 25% 37,021 9,255 EP469 (Erregulla Deep) Exploration Perth Basin Permian Gas Strike 50% 36,911 18,456 Exploration Perth Basin Permian Gas Strike 100% 120,217 120,217 Exploration Perth Basin Permian Gas Strike 100% 92,170 92,170 EP505 Exploration Perth Basin Permian Gas Strike 100% 18,533 18,533 EP506 Exploration Perth Basin Permian Gas Strike 100% 37,066 37,066 Strike 100% 127,849 127,849 Strike 100% 73,390 73,390 Strike 100% 36,572 36,572 Strike 100% 73,637 73,637 Triangle 25% 176,861 44,215 EP503 (Arr-Kadathinni) EP504 (Arr-Kadathinni) Jurassic Wet Gas Jurassic Wet Gas Jurassic Wet Gas Jurassic Wet Gas Permian Gas/Oil EP447 (Wal-East) Exploration Perth Basin EP488 Exploration Perth Basin EP489 Exploration Perth Basin EP495 (Ocean Hill) Exploration Perth Basin EP437 Exploration Perth Basin PPL210 (Aldinga) Production Cooper Basin Shallow Oil Beach 50% 988 494 PEL 96 Exploration Cooper Basin Deep Coal Strike 67% 668,098 444,953 This report is authorised for release by the Board of Directors. Company & Media Contact Emma Alexander Investor Relations & Corporate Manager Strike Energy Limited +61 419 877 137 emma.alexander@strikeenergy.com.au Important Notices Forward looking Statements Statements contained in this Interim Financial Report, including but not limited to those regarding the possible or assumed future costs, projected timeframes, performance, dividends, returns, revenue, exchange rates, potential growth of Strike, industry growth, commodity or price forecasts, or other projections and any estimated company earnings are or may be forward looking statements. Forward looking statements can generally be identified by the use of words such as ‘project’, ‘foresee’, ‘plan’, ‘expect’, ‘budget’, ‘outlook’, ‘schedule’, ‘estimate’, ‘target’, ‘guidance’ ‘aim’, ‘intend’, ‘anticipate’, ‘believe’, ‘estimate’, ‘may’, ‘should’, ‘will’ or similar expressions. Forward looking statements including all statements in this document regarding the outcomes of preliminary and definitive feasibility studies, projections, guidance on future earnings and estimates are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. These statements relate to future events and expectations and as such involve known and unknown risks and significant uncertainties, many of which are outside the control of Strike. Actual results, performance, actions and developments of Strike may differ materially from those expressed or 6 implied by the forward-looking statements in this Interim Financial Report. Such forward-looking statements speak only as of the date of this document. Refer to the risk factors set out in Talon Energy Limited’s Scheme Booklet dated 3 November 2023 in relation to the acquisition by Strike Energy (through its wholly owned subsidiary) of all of the issued shares in Talon Energy by way of scheme of arrangement pursuant to Part 5.1 of the Corporations Act 2001 (Cth) for a summary of certain general, Strike Energy specific and acquisition specific risk factors that may affect Strike Energy. There can be no assurance that actual outcomes will not differ materially from these statements. Investors should consider the forward looking statements contained in this Interim Financial Report in light of those disclosures. To the maximum extent permitted by law (including the ASX Listing Rules), Strike and any of its affiliates and their directors, officers, employees, agents, associates and advisers disclaim any obligations or undertaking to release any updates or revisions to the information in this document to reflect any change in expectations or assumptions; do not make any representation or warranty, express or implied, as to the accuracy, reliability or completeness of the information in this document, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or implied in any forward-looking statement; and disclaim all responsibility and liability for these forward-looking statements (including, without limitation, liability for negligence). Nothing in this Interim Financial Report will under any circumstances create an implication that there has been no change in the affairs of Strike since the date of this document. 7 Rule 5.5 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity STRIKE ENERGY LIMITED ABN Quarter ended (“current quarter”) 59 078 012 745 31 March 2025 Consolidated statement of cash flows Current quarter $A’000 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for Year to date (9 months) $A’000 18,399 55,482 (a) exploration & evaluation - - (b) development - - (c) production (3,214) (12,635) (d) staff costs (2,376) (5,385) (e) administration and corporate costs (2,287) (6,977) - - 221 805 (1,401) (3,587) 1.3 Dividends received (see note 3) 1.4 Interest received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid - - 1.7 Government grants and tax incentives - - 1.8 Other (cost recoveries from JVs) 238 1,239 1.9 Net cash from / (used in) operating activities 9,580 28,942 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities - - (b) tenements - - 47 (14) (2,892) (20,951) - - (16,384) (45,281) (c) property, plant and equipment (d) exploration & evaluation (e) investments (f) oil & gas assets ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 1 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Consolidated statement of cash flows 2.2 Current quarter $A’000 Year to date (9 months) $A’000 Proceeds from the disposal of: (a) entities - - (b) tenements - - (c) property, plant and equipment - - (d) investments - - (e) other non-current assets - - 2.3 Cash flows from loans to other entities - - 2.4 Dividends received (see note 3) - - 2.5 Other (Security deposit) (38) (5,036) 2.6 Net cash from / (used in) investing activities (19,267) (71,282) 3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) - - 3.2 Proceeds from issue of convertible debt securities - - 3.3 Proceeds from exercise of options - - 3.4 Transaction costs related to issues of equity securities or convertible debt securities - - 3.5 Proceeds from borrowings - 26,750 3.6 Repayment of borrowings - (17) 3.7 Transaction costs related to loans and borrowings - (413) 3.8 Dividends paid - - 3.9 Other (security deposit) - - 3.10 Net cash from / (used in) financing activities - 26,320 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 33,131 38,751 4.2 Net cash from / (used in) operating activities (item 1.9 above) 9,580 28,942 4.3 Net cash from / (used in) investing activities (item 2.6 above) (19,267) (71,282) 4.4 Net cash from / (used in) financing activities (item 3.10 above) - 26,320 ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 2 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Consolidated statement of cash flows Current quarter $A’000 Year to date (9 months) $A’000 4.5 Effect of movement in exchange rates on cash held (1,147) (434) 4.6 Cash and cash equivalents at end of period 22,297 22,297 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts 5.1 Bank balances 5.2 Current quarter $A’000 Previous quarter $A’000 21,582 33,013 Call deposits - - 5.3 Bank overdrafts - - 5.4 Other (share of JV bank accounts and bank deposits) 715 118 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 22,297 33,131 6. Payments to related parties of the entity and their associates 6.1 Aggregate amount of payments to related parties and their associates included in item 1 261 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Current quarter $A'000 Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments. ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 3 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 49,000 49,000 7.1 Loan facilities 7.2 Credit standby arrangements - - 7.3 Other (please specify) - - 7.4 Total financing facilities 49,000 49,000 7.5 Unused financing facilities available at quarter end 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well. - Macquarie Bank Limited – existing $43 million secured facility with interest rate of BBSW + 6% to 9% interest rate and maturing Jun 2025 to be refinanced with new debt finance facility. As per ASX announcement on 31 March 2025 "Finance Facility Executed & South Erregulla Breaks Ground", definitive financing documentation executed with Macquarie for $217 million financing package of which $162 million debt and asset financing facility is committed for the South and West Erregulla projects. Subsequent to the March quarter, conditions precedent were satisfied for the availability of the initial $60 million debt facility. Rabobank facility – secured facility - $6 million Interest rate – 3.25% plus BBSW Maturity date – 31 August 2026 8. Estimated cash available for future operating activities $A’000 8.1 Net cash from / (used in) operating activities (item 1.9) 9,580 8.2 (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) (2,892) 8.3 Total relevant outgoings (item 8.1 + item 8.2) 6,688 8.4 Cash and cash equivalents at quarter end (item 4.6) 22,297 8.5 Unused finance facilities available at quarter end (item 7.5) 8.6 Total available funding (item 8.4 + item 8.5) 8.7 Estimated quarters of funding available (item 8.6 divided by item 8.3) 22,297 3.33 Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. 8.8 If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not? ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 4 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report 8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? 8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis? Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered. Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. Date: ...28 April 2025........................................................... Justin Ferravant CFO & Company Secretary Authorised by: ......................................................................................... (Name of body or officer authorising release – see note 4) Notes 1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so. 2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report. 3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity. 4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [name of board committee – eg Audit and Risk Committee]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”. 5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations, the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively. ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 5 Quarterly Activities & Financials Q3-FY25 1 Earthworks at South Erregulla Cautionary note and disclaimer Summary information This presentation contains summary information and statements about Strike Energy Limited (ASX:STX) (Strike), its subsidiaries and their respective activities, which is current as at the date of this presentation (unless otherwise indicated). The information in this presentation is general in nature and does not purport to be exhaustive. For example, this presentation does not purport to contain all of the information that investors may require in evaluating a possible investment in Strike . It has been prepared by Strike with due care but no representation or warranty, express or implied, is provided by Strike in relation to the currency, accuracy, reliability, fairness or completeness of the information, opinions or conclusions in this presentation. This presentation should be read in conjunction with Strike’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (ASX), which are available on the ASX website (at www.asx.com.au) and the Strike website (at www.strikeenergy.com.au). No person other than Strike has authorised or caused the issue, release, submission, distribution or provision of this presentation, or takes any responsibility for, or makes or purports to make, any statements, representations or undertakings in this presentation. Strike, to the maximum extent permitted by law, expressly excludes and disclaims all liability (including, without limitation, any liability arising out of fault or negligence on the part of any person) for any direct, indirect, consequential or contingent loss or damage, or for any costs or expenses, arising from the use of this presentation or its contents or otherwise arising in connection with it. Strike does not make any representations or warranties (express or implied) to you about the currency, accuracy, reliability or completeness of the information, opinions and conclusions in this presentation (including, without limitation, any financial information, any estimates or projections and any other financial information). Not an offer, and not investment or financial product advice This presentation is not a prospectus, product disclosure statement or other disclosure document under the Corporations Act, or other offering document under Australian law or any other law. This presentation has not been lodged with the Australian Securities and Investments Commission. This presentation, and the information contained in it, is provided for information purposes only and is not an offer or solicitation or an invitation or recommendation to subscribe for, acquire or buy securities of Strike, or any other financial products or securities, in any place or jurisdiction. This presentation may not be released to US wire services or distributed in the United States. This presentation does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States or any other jurisdiction in which such an offer would be unlawful. The securities referred to in this document have not been, and will not be, registered under the US Securities Act of 1933 (US Securities Act) and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the US Securities Act and applicable US state securities laws. This presentation, and the information provided in it, does not constitute, and is not intended to constitute, financial product or investment advice (nor tax, accounting or legal advice) or a recommendation to acquire any securities of Strike. It has been prepared without taking into account the objectives, financial or tax situation or particular needs of any individual. Any investment decision, should be made based solely upon appropriate due diligence and other inquiries. Before making any investment decision, investors should consider the appropriateness of the information having regard to their own objectives, financial and tax situation and needs and seek professional advice from their legal, financial, taxation or other independent adviser (having regard to the requirements of all relevant jurisdictions). Strike is not licensed to provide financial product advice in respect of an investment in securities, and do not purport to give advice of any nature. An investment in any listed company, including Strike, is subject to risks of loss of income and capital. Past performance Past performance metrics and figures, as well as pro forma financial information, included in this presentation are given for illustrative purposes only and should not be relied upon as (and are not) an indication of Strike’s views on Strike's future financial performance or condition or prospects (inc