Q2 EBIT of USD 53m (-21%/-22% vs. cons./ARCe) and net income USD 27m (-14% / 0% vs. cons./ARCe)Miss vs. ARCe driven by combination of production/ underliftQ2 NIBD (ex. lease) of USD 421m, USD ~60m above ARCe driven by a WC build of similar sizeH1 average production 34.2 kboepd (vs. FY-25 guidance 30 - 32 kboepd)Projects on track and full-year guidance maintainedNote: ARCe not updated post-Q2 trading update
