Trinity Exploration & Production : 2021 Interims Presentation – 15 September 2021

Location: Moruga, Trinidad & Tobago

Nicholas Clayton, Non-Executive Chairman

Jeremy Bridglalsingh, Chief Executive Officer

2021 Interims Presentation

Behaviour Rigour Purpose

September 2021

Disclaimer

"The journey hasn't always been smooth but we are a battle-tested company that has overcome many challenges to establish a strong foundation, and now with a clear and differentiated road-map on how best to scale the business. Our mission is to safely deliver meaningful and sustainable value for all our stakeholders."

OPERATIONAL

FOCUS &

AUTOMATION

Not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan, the Republic of South Africa or any jurisdiction where it would be unlawful to do so.

This presentation is not and is not intended to be a prospectus and does not or is not intended to constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Trinity Exploration & Production plc (the "Company") in any jurisdiction. It shall not form the basis of, or be relied on in connection with, or act as invitation or inducement to enter into, any contract or commitment whatsoever. No offer of securities is being or will be made in circumstances which would require a prospectus or similar document to be approved.

While the information contained in this presentation, which does not purport to be comprehensive, is believed to be accurate, neither the Company nor any other person has conducted any investigation into or verified such information. No representation or warranty, express or implied, is or will be given by the Company or its directors, officers, employees or advisers or any other person as to the accuracy, completeness or fairness of this presentation and, so far as permitted by law and except in the case of fraud, no responsibility or liability whatsoever is accepted for the accuracy or sufficiency of any of the information contained in this presentation or for any errors, opinions, omissions or misstatements, negligent or otherwise relating to this presentation. Each recipient must conduct its own independent investigation and analysis of the Company and of the information contained in this presentation and bear all the costs of doing so.

This presentation may include certain "forward looking" statements which are based on expectations, projections and forecasts relating to the future performance of the Company. Such statements, projections and forecasts, which are intended as a guide only, represent the Company's own assessment and interpretation of information available to it at the date of this presentation and reflect significant assumptions and subjective judgements by the Company. A number of factors could cause actual results to differ materially from the potential results discussed in such forward looking statements, estimates and forecasts, including (but not limited to) changes in general economic and market conditions and all other risk factors (whether political, regulatory or otherwise) associated with offshore exploration, development and production. In all cases, recipients should conduct their own investigation and analysis of the information contained in this presentation. No representation or warranty is made or assurance given that the statements, projections and forecasts contained in this presentation will be borne out in practice or that the Company will perform as projected and the Company does not assume responsibility for verifying any of such statements, projections or forecasts. Neither the Company nor any persons shall be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on any statement in or omission from this presentation.

This presentation has been made available to recipients for information only. The Company gives no undertaking to provide the recipient with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in it which may become apparent.

No person has approved (for the purposes of section 21 of the Financial Services and Markets Act 2000 (the "FSMA")) the contents of, or any part of, this presentation. This presentation is only directed at persons who have professional experience in matters relating to investments and who: a) in relation to persons resident in the UK, fall within the exemptions contained in Articles 19 or 49 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (including certain investment professionals, high net worth companies, unincorporated associations or partnerships and the trustees of high value trusts); or b) in relation to persons resident in Trinidad or Tobago, are accredited investors as defined in and in accordance with the Securities Act 2012 of the laws of Trinidad and Tobago and are permitted to receive them or c) are otherwise permitted by the laws of the jurisdiction in which they are resident to receive them; and d) in relation to persons in member states of the European Economic Area ("EEA"), are a "professional client" or an "eligible counterparty" within the meaning of Article 4 (1)(II) and 24(2), (3) and (4), respectively, of Markets in Financial Instruments Directive (Directive 2004/39/EC) ("MiFID") as MiFID is implemented into national law of the relevant EEA state.

Persons falling within one of the categories of persons described above must comply with the terms of this disclaimer and they will conduct their own analyses or other verification of the data set out in this presentation and bear the responsibility for all or any costs incurred in doing so. Persons who do not fall within one of the categories of persons described above should not rely on this presentation nor take any action upon it.

This presentation is not directed at persons located in the United States of America and is not for publication or distribution, directly or indirectly, in or into the United States. This presentation is not an offer of securities for sale into the United States. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold in the United States, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. No public offering of the securities is being made in the United States.

The distribution of this presentation or any information contained in it may be restricted by law in certain jurisdictions, and any person into whose possession any document containing this presentation or any part of it comes should inform themselves about, and observe, any such restrictions. Clearances have not been, and will not be, obtained from the Securities Commission of any provision or territory of Canada; no document in relation to the Company's securities has been, or will be, lodged with, or registered by, the Australian Securities and Investments Commission; no registration statement has been, or will be, filed with the Japanese Ministry of Finance; and the relevant clearances have not been, and will not be, obtained from the South African Reserve Bank and any other applicable body in the Republic of South Africa, in relation to the Company's securities. Accordingly, the Company's securities will not, directly or indirectly, be offered or sold within Canada, Australia, Japan, the Republic of South Africa or any other country outside the United Kingdom where it would be unlawful to do so or offered or sold to any resident, national or citizen of Canada, Australia, Japan, the Republic of South Africa or any other country outside the United Kingdom where it would be unlawful to do so

This presentation is confidential and should not be distributed, published or reproduced (in whole or in part) or disclosed by its recipients to any other person for any purpose, other than with the consent of the Company.

By accepting receipt of, attending any delivery of, or electronically accessing, this presentation, you agree to be bound by the above limitations and conditions and, in particular, you represent, warrant and undertake to the Company that you will not forward the presentation to any other person, or reproduce or publish this document, in whole or in part, for any purpose and you have read and agree to comply with the contents of this notice.

© Trinity Exploration 2021

Page 2 | 2021 Interims

In Memorium

Remembering Bruce Dingwall, CBE

1-Oct-1959 - 3-Aug-2021

Some people just can't help making a difference in our lives. By simply being who they are, they make the world a little brighter, a little warmer, a little gentler, and when they're gone, we realise how lucky we are to have known them.

Entrepreneur

Mentor

Son of the Soil

Bruce has had many industry accolades, being

described as a North Sea leading light

following the founding of Venture Production

in the 1990's and championing not only

innovative technological approaches but also a partnership ethos with the supply chain. He was awarded a CBE in 2004 for services to the oil and gas industry.

Born in Trinidad, Bruce had dual citizenship and turned his focus to developing a successful independent oil company in the land of his birth when he founded Trinity.

Bruce was more than just our founder and a forward thinking Chairman, he was a patient mentor and a compassionate friend to all of us.

The entire Trinity family are determined to build upon Bruce's vision for the company.

Bruce's greatest legacy is he and Philippa's three great boys, Jack, Hugh and Archie.

Our thoughts and prayers are with them at

this difficult time.

Visionary

Pioneer

Great Friend

Page 3 | 2021 Interims

Charting the Way Forward

Board and management teams strengthened, focused on delivery

New Non-Executive	New Non-Executive	New Technical
Chairman	| New Chief
Director	Committee
Executive Officer
Derek Hudson (Ex-Head Shell TT)	BoD members + Independent Experts

Nicholas Clayton | Jeremy Bridglalsingh

	Strong BoD and		Expanded Executive
	Management
		Management Team
	Alignment
		(60+ yrs combined Trinity experience)

Page 4 | 2021 Interims

Prudent Financial Management

Operating breakeven sub $30/bbl since 2016

Low BE's underpin resilience while maximising leverage to increased production and oil prices

Page 5 | 2021 Interims