67 INTEGRATED ANNUAL REPORT 2026 BUSINESS REVIEWS | YINSON PRODUCTION YINSON PRODUCTION Commentary by Flemming Guiducci Grønnegaard, Yinson Production Chief Executive Officer FY2026 highlights Operational performance 101.3% fleet commercial performance 99.5% technical uptime 99.6% 5-year average fleet technical uptime 100.1 million barrels of oil equivalent produced Fleet 0 LTIF (<IOGP benchmark of 0.24) 0.23 TRIF (<IOGP benchmark of 0.81) Safety Environmental performance 5.3 ppm oil in slop water* 5.6 ppm oil in produced water* 1.2 litres hydrocarbon spills to sea Water 0 major ISM or ISO non-conformities 0 non-compliances with environmental laws and/or regulations Regulatory 26.7 kg CO2e/BOE fleet carbon intensity Emissions 1,288.3 tonnes of waste generated by our offshore assets Waste * Yinson Production-operated FPSOs only. Fleet Global position USD 19.5 billion contract backlog through 2050* 8 FPSOs 3 FSOs 9 Operational 2 Under construction ~1,700 employees working in 11 countries 3rd largest by fleet size 3rd largest by order book * Including options, based on Enterprise Reporting. 55% Brazil 27% Angola 7% Ghana 4% Nigeria 5% Malaysia 2% Vietnam KEY MILESTONES Completed acquisition of Stella Maris CCS. 19 Feb 2025 USD 1.168 billion project bond issued to refinance FPSO Maria Quitéria. 21 July 2025 FSO for Block B project awarded to PTSC SEA, a joint venture with PTSC. 28 July 2025 Acquired FPSO Atlanta project loan. Main Scantling Approval secured for Meridian purpose-built FPSO hull design. 18 Sept 2025 Agogo FPSO begins 15-year firm charter following issuance of PORC. 12 Aug 2025 6 Aug 2025 Signed MoU with “K” LINE to jointly develop and market FSIU and liquefied CO2 carrier solutions. 18 June 2025 Agogo FPSO achieves first oil, four months ahead of schedule. 29 July 2025 FPSO Maria Quitéria project bond lists on the London Stock Exchange. 19 Aug 2025 Backlog breakdown
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