November 2014

GDF SUEZ E&P UK Oil & Gas UK PILOT Share Fair 2014

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Presentation Title

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AGENDA

GDF SUEZ GROUP

GDF SUEZ E&P INTERNATIONAL

GDF SUEZ E&P UK

UK E&P FOOTPRINT

OPERATIONS

GROUP PROCUREMENT

WORKING WITH GDF SUEZ E&P UK

FORWARD WORK PLAN

CONTACTS

Q&A

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• €81.3 billion in 2013 revenues.

• 147,400 employees throughout the world

- inc. 58,600 in power and natural gas

- and 88,800 in energy services.

• €27-30 billion of gross investment over 2014-2016.

• Operations in 70 countries.

• 800 researchers and experts at 7 R&D centers.

* At June 30, 2014.

GROUP KEY FIGURES

GDF SUEZ E&P UK IS A SUBSIDIARY OF THE GDF SUEZ GROUP

GDF SUEZ E&P UK

200 staff + over 250 contractors

Revenue (2013): € 81.3 bn

3.4 Mboe production in 2014

GDF SUEZ EPI: A STRATEGIC POSITION IN THE WORLD

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E&P activity

E&P main assets or projects

Participation in liquefaction plant

Touat

Block 4

Absheron

Jangkrik

Cygnus Gjøa

Snøhvit

G16a-B

Römerberg

Amstel

44 53% success over the last 5 years

616 Mboe discovered from 2009 to 2013

GDF SUEZ EPI: EXPLORATION TRACK RECORD

discoveries out of 83 exploration and appraisal

wells from 2009 to 2013

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121 Mboe

discovered in 2013

22 wells in 2013

with 13 successes (exploration

and appraisal) 59% success in 2013

Exploration is one of the first choices for companies to create value

EPI: 2013 KEY FIGURES

To maintain our business, we need to renew our reserves and increase our production

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˃ 51.9 Mboe

˃ 69% gas, 31% oil

˃ 799 Mboe

˃ 76% gas, 24% oil

Germany

2P Reserves Production

39%

20%

13%

11%

10%

7%

47%

31%

15%

4% 3%

Norway

Africa

The Netherlands

United Kingdom

Other

Reach size of an

“Independent E&P company”

Maintaining highly

profitable business in European strongholds

Strengthening

presence in emerging

markets

Develop

options via exploration

Synergies & Integration

between business lines

Operational excellence,

especially in QHSE matters

and develop expertise

Optimise portfolio (asset

review, portfolio management

and swaps)

GDF SUEZ E&P UK: VISION & STRATEGY

GDF SUEZ E&P UK is a success story that will keep on growing :

Building on our exploration successes, our development project successes

and the many opportunities that exist in the UK oil & gas sector

Building on our people and remaining an employer of choice

Building on the expertise and innovation capabilities that exist in the

company and the wider GDF SUEZ group

Success is only achieved in a safe, environmentally

and socially responsible manner

GDF SUEZ E&P UK: KEY FIGURES

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Interest in almost

50* offshore

licences

20* as

operator

Award of 9

new licences

offshore in the

27th bid round

Partner in 2 pipeline

systems

(ETS and CMS)

200 staff in

offices in

London and

Aberdeen

8th largest UK

offshore

acreage holder

57

Mboe 2P reserves

13 onshore

licences

(non-

operated)

* As awarded by DECC

GDF SUEZ E&P UK: PAST TO PRESENT

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Acquisition of 22.5%

shareholding in E.F. Oil and Gas Ltd

Company

Incorporated in 1997

1997 1999 2001 2003 2005 2007 2009 2011 2012 2013 2014 2015

Acquisition of

SNS Assets

First Production

from Elgin-Franklin

development

Entry into West

of Shetlands as non-operator

Successful

Western appraisal of Cygnus

Major development

operator with Cygnus

Entry into Central

North Sea as non-operator

Exploration

operator in the Central North Sea

First GDF SUEZ Cygnus

appraisal well

Juliet exploration

discovery in Southern North Sea

Licence issued

for Austen discovery in 26th Round;

sale of EFOG

Faraday

Discovery

Sanction of

Cygnus & Juliet

Development

Entry into UK

onshore licences Juliet & Orca first gas

Cygnus sail away &

installation campaign

Exploration

operator in the Southern North

Sea

Opening GDF

SUEZ House Aberdeen

Cygnus first gas

UK E&P Footprint

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West of Shetland

Central North Sea

Southern North Sea

Onshore UK

Current operated developments:

Juliet - GDF SUEZ E&P UK

exploration discovery in 2008,

developed as a subsea tie-back. Fully

onstream as of 9th March 2014.

Cygnus – one of the most significant

undeveloped gas fields in the SNS,

first gas on target for Q4 2015; it will

be the second largest gas producer in

the UK. Successful discovery of

Cepheus within Greater Cygnus

area.

Orca – GDF SUEZ E&P affiliates in

the UK and Netherlands have

collaborated to develop Orca which is

only the second cross-border

development between the UK and

Dutch sectors.

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FOOTPRINT: SOUTHERN NORTH SEA OPTIMISE DEVELOPMENT USING EXISTING INFRASTRUCTURES

Cygnus

Orca

Juliet

Cepheus

FOOTPRINT: CENTRAL NORTH SEA DEVELOP OUR POSITION THROUGH EXPLORATION

Equity in 13 licences of which

five are operated.

Focus on the Greater Austen, North Quad 30 and Greater Montrose areas.

Recent additional discovery with Marconi.

Additional exploration well being drilled (Dalziel).

Portfolio of operated and non-operated discoveries progressing into and through the pre-development process; notably Austen, Talbot, Jackdaw, Faraday.

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Faraday

Marconi

Austen

Talbot

Jackdaw

Dalziel

FOOTPRINT: WEST OF SHETLAND EXPLORE GAS POTENTIAL IN NEW REGIONS

Current interest in six licences. In the 27th Licencing Round in

October 2012 GDF SUEZ E&P UK secured its first licence as operator and three others as partner in the area.

Exploration in WOS is challenging.

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Cragganmore

In 2013 GDF SUEZ E&P UK acquired a 25% working interest in 13 UK onshore licenses; Dart Energy (later acquired by IGas) and operatorship of the licenses.

These licences are located in Cheshire and the East Midlands, overlying the Bowland Shale.

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ONSHORE EXPLORATION LICENSES

CYGNUS UPDATE: SUCCESSFUL 2014 INSTALLATION CAMPAIGN WITH NO DOWNTIME

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Three of the four jackets - Utilities and Quarters (UQ), Processing Unit (PU) and Alpha

Wellhead (AWH) - safely loaded out from Bifab’s yard in Methil, Scotland, and successfully

installed offshore.

Installation was undertaken by the Seaway Heavy Lifting vessel, the Stanislav Yudin, over

two campaigns. During the first campaign, the AWH deck was loaded out by Heerema and

successfully installed onto the new jacket.

A high level of subsea activity following the installation of the Subsea Isolation Valve (SSIV)

and Wye manifold structures - also installed by the Stanislav Yudin.

Saipem installed the 24-inch export pipeline as well as the 12-inch infield production line.

Subsea isolation pig successfully recovered, first time for GDF SUEZ

Diving works commenced with the Diving Support Vessel (DSV) Harkand Da Vinci followed

by a successful tie-in at the Perenco owned Trent platform using successful isolation and

leak test tools; isolating 165km of the 24” ETS gas pipeline at 70bar pressure, removing one

of the project’s high risk items.

The Ensco 80 jack-up rig now over the AWH and drilling activities have started.

The remaining three topsides, including Cygnus Bravo, will be installed in 2015.

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CYGNUS 2014 INSTALLATION CAMPAIGN

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CYGNUS 2014 INSTALLATION CAMPAIGN

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CYGNUS AUQ TOPSIDES CONSTRUCTION

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CYGNUS APU TOPSIDES CONSTRUCTION

OPERATIONS

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OPERATIONS

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OPERATIONS: A CONTRACT PERSPECTIVE

providing Integrated Services Contract

Onshore Operational personnel on site

Operations Readiness final phase

Operations Receiving Equipment onshore

Offshore Operations commence

First Gas

CYGNUS: OPERATIONS TIMELINE

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3Q 4Q 1Q 2Q 3Q 4Q

2015 2014

PROCUREMENT WITHIN GDF SUEZ

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PROCUREMENT KEY FIGURES

Purchasing spend by region (2013) : ~€18.3Bn (*)

~1200 employees in the Group Procurement functional line.

North America

€0,4 billion

Europe

€14,9 billion

South America

€1,0 billion

Africa

And Middle East

€ 0,4 billion

Asia

0,6 Md€

*Note : due to unavailable data per country, B3G’s E&P figures are excluded (€0.9 Bn)

THE GROUP PROCUREMENT DOMAINS GATHER THE PROCUREMENT CATEGORIES

1. A group wide transformation programme, sponsored by the Top Management, exploring all spend reduction levels.

2. Major spend categories addressed by 2015 through a consistent and systematic methodology exploiting all levers.

3. A sustainable transformation of the relation between the group and its suppliers, creating additional opportunities for performance improvement.

Group

EPC , Construction

Works & Networks

Mechanical Equipments & Services

Electrical & Control System

Equipments & Services

IT & Telecom

Equipments & Services

General Services and

Supplies

Industrial sites & Building

Services - Raw Materials

Technical / Metier categories

G&A / Indirect categories

Category Managers in BU

(close to Metiers)

Category Managers at Corporate (close to Functions)

SUSTAINABLY TRANSFORMING THE RELATION BETWEEN THE GROUP AND ITS SUPPLIERS

Opportunity to be positioned at Group level (rather than BL and BU levels) and to optimize sales potential across the Group thanks to a stronger governance

Opportunity for best suppliers to establish long-term win-win relationships through:

• contribution to overall optimization (advanced levers, best practices, total cost reduction…)

• contribution to business development

Suppliers encouraged to proactively propose improvement levers

RENEWED SUPPLIER

RELATIONSHIP

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GDF SUEZ EPI: PROCUREMENT ORGANISATION AND CONTACTS

CPO

GDF SUEZ EPI

Core Business

Affiliates

Projects

PM

& Category Manager

(Drilling) Category

Coordinator (Instrumentation,

Inspection, Other Fuel)

Lead Buyer (IT Material and

Software, Technical Assistance,

Consulting) HEAD OFFICE

PM GDF SUEZ Netherlands

PM GDF SUEZ Norway

PM GDF SUEZ UK

PM GDF SUEZ Germany

PM GDF SUEZ Egypt

PM GDF SUEZ Qatar

PM TOUAT (Algeria)

Support & coordination

PM : Procurement Manager LB : Lead Buyer

We do not operate on a preferred vendor list.

Where applicable, we utilise FPAL to establish a list of potential bidders in the first

instance, this may lead to a pre-qualification, expression of interest, capability

assessment or tender.

Ensuring we have all Contracts and Supply Agreements awarded for First Gas

Focus on achieving the optimum performance with our key suppliers

Continuing to work closely and ensure early engagement with the market

The underpinning principles of our governance is based on our company values:

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WORKING WITH GDF SUEZ E&P UK

The drive to guarantee performance over the long term for all

stakeholders The commitment to combine the Group’s development with respect for

the planet Daring to live in the present with optimism while preparing for the future

with creativity Cohesion around energy and environment as sustainable sources of

progress & development

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FORWARD WORK PLAN

Q4 2014

Certification Services (EUETS & ISO 4001)

General Valve Support

Environmental Permits and Consents

ER OPEP and Training Services

ICSS healthcare

Compressors Healthcare

Power Generation Healthcare

Proppant and Sand Management

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Q1 2015

FORWARD WORK PLAN

Independent Competent Person/Safety Case

Proppant & Sand Management

Electrical Services

Machinery CM Analysis

UPS Maintenance

Electrical Control Systems

Air Compressors healthcare

HVAC Services

Pump Management Services

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FORWARD WORK PLAN

Wellheads Maintenance

Leak Testing/Nitrogen Purging/Pumping

Pigging Services

Structural Consultancy

Hose Management

Diesel Engine Healthcare

Subsea Engineering

Exhaust Stack Sampling

Fabrication Contractor

Ex Maintenance

Subsea Inspection Services

PI

Metering Audit

ROV

Q2-Q4 2015

Improve performance

Eliminate unnecessary costs

Add value and boost competitiveness

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SUPPLY CHAIN CODE OF PRACTICE

In support of the Code, our preferred

suppliers are registered with FPAL.

For more information or to register your

company go to www.fpal.com

First Point Assessment (FPAL)

is utilised for all GDF SUEZ E&P UK Ltd high value spend.

FPAL Forward Work plan available through FPAL website

http://www.achilles.com/en/find-your-achilles-community?id=409

Supply Chain UK

uk-contract.enquiries@gdfsuezep.co.uk

Find out more about our activities on: www.gdfsuezep.co.uk

Follow us on @GDFSUEZ_EP_UK

Supply Chain EPI and Group

www.gdfsuez.com/en/contact

Work with us at many different levels:

International

Branch

Local

Talk to us about which you want.

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CONTACTS