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The Outlook for Energy: A View to 2040 Muhammad Nurdin Vice President - Planning and Commercial ExxonMobil Indonesia UGM, December 20, 2014 This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein and under the heading "Factors Affecting Future Results" in the Investors section of our website at: www.exxonmobil.com. The information provided includes ExxonMobil's internal estimates and forecasts based upon internal data and analyses as well as publically-available information from external sources including the International Energy Agency. This material is not to be used or reproduced without the permission of Exxon Mobil Corporation. All rights reserved. Energy Outlook Development Motor Gasoline Asphalt Residential Chemicals Solar 100 15 demand 20 fuel Trade countries sectors Distillate Natural Gas Commercial Asphalt Wind Naphtha Nuclear Lt. Transportation Lubricants Bio-mogas Jet Fuel Hvy. Transportation Biomass/Other Flaring Bio-distillate Fuel Oil Coal Aviation types Flows Energy Industry Electricity LPG Lubes Technology &Agriculture Hydro Marine Market Heat Geothermal Policy Rail Heavy Industry Power Generation ExxonMobil 2014 Outlook for Energy Global Progress Drives Demand Population GDP Energy Demand Billion Trillion 2005$ Quadrillion BTUs Average Growth / Yr. 2010 – 2040 0.8% Average Growth / Yr. 2010 – 2040 2.8% Average Growth / Yr. 2010 – 2040 1.0% Energy Saved ~500 Non OECD OECD ExxonMobil 2014 Outlook for Energy Key Growth Countries (2040) Leading Economic Growth 2010 to 2040 2040 Energy Demand Percent Share QUADS 60+ Countries Thailand Other 25% China ~40% Turkey Egypt South Africa Nigeria India ~15% Key Growth 20% Mexico Iran 10 Countries Saudi Arabia Indonesia Brazil ExxonMobil 2014 Outlook for Energy Southeast Asia Energy Trends Population GDP Energy Demand Billion Trillion 2005$ Quadrillion BTUs Average Growth / Yr. 2010 – 2040 0.9% ExxonMobil 2014 Outlook for Energy Average Growth / Yr. 2010 – 2040 4.2% Average Growth / Yr. 2010 – 2040 2.2% Southeast Asia Energy Demand by Country By Fuel By Country Quadrillion BTUs Quadrillion BTUs Other Renewables Rest of Southeast Asia Philippines Biomass Singapore Nuclear Coal Vietnam Malaysia Gas Oil Thailand Indonesia Residential/Commercial Semanggi - Jakarta Residential/Commercial Outlook By Sector By Region By Fuel Quadrillion BTUs Quadrillion BTUs Quadrillion BTUs Other Commercial Rest of World Electricity Africa India Residential China Biomass Coal OECD Gas Oil ExxonMobil 2014 Outlook for Energy S.E. Asia Residential/Commercial Demand By Sector By Fuel Quadrillion BTUs Quadrillion BTUs Commercial Electricity Other Renewables Biomass Residential Coal Gas Oil ExxonMobil 2014 Outlook for Energy Industrial Southeast Asia Industrial Demand By Sector By Fuel Quadrillion BTUs Quadrillion BTUs Chemicals Electricity Biomass Coal Heavy Industry Gas Energy Industry Other ExxonMobil 2014 Outlook for Energy Oil Transportation Alun-alun Selatan Transportation Demand Sector Demand Commercial Transportation by Region - 2040 2010 MBDOE MBDOE Rail Marine Aviation Heavy Duty 2010 Light Duty ExxonMobil 2014 Outlook for Energy S.E. Asia Transportation Demand & Fleet Shift Transportation Light Duty Vehicle Fleet MBDOE Million Cars Rail Marine Aviation Heavy Duty Light Duty ExxonMobil 2014 Outlook for Energy Electricity Generation Southeast Asia Electricity Demand Electricity Demand Electricity Generation Fuel Consumption Thousand Terawatt Hour Quadrillion BTUs Other Renewables Wind & Solar Biomass Nuclear Coal Gas Oil ExxonMobil 2014 Outlook for Energy Emissions Semanggi - Jakarta CO2 Emissions Plateau Energy-Related CO2 Emissions by Region Emissions per Capita Billion Tonnes Tonnes / Person 2010 Asia Pacific 2040 Middle East Africa Latin America Russia/Caspian Europe North America ExxonMobil 2014 Outlook for Energy Supply Liquids Supply Liquid Supply by Type Crude and Condensate Resource* MBDOE Trillion barrels of oil Biofuels Oil Sands Tight Oil Deepwater Other Remaining Resource NGLs Conventional Crude & Condensate Cumulative Production through 2040 * Source: IEA ExxonMobil 2014 Outlook for Energy Gas Resources Abundant; Supply Diversifies Remaining Recoverable Resource* Gas Production by Region Gas Production by Type Thousand TCF BCFD BCFD ROW Africa Africa AP Middle East NA Unconventional Middle East Unconventional Asia Pacific Asia Pacific Russia/ Caspian Russia/ Caspian Europe Conventional Europe Latin America Latin America North America * Source: IEA 2012 ExxonMobil 2014 Outlook for Energy North America Conventional Energy Use Evolves Over Time Global Mix of Fuels Quadrillion BTUs Other Renewables Nuclear Hydro Gas Oil Coal Biomass 1800 1850 Source: Smil, Energy Transitions (1800-1960) ExxonMobil 2014 Outlook for Energy 1900 1950 2000 2040 Positioned to Take on the Challenges History Workforce Corporate Citizenship Technology Business Strength Technology and Innovations Unconventional Gas Advanced Drilling — Surpassing 7 Miles Horizontally Arctic Oil Sands LNG tanker Global Organization 115 Years of Presence in Indonesia Aceh Production Operations Cepu Block Banyu Urip Project Status • Banyu Urip is being built by 10,000 Indonesian workers, who make up 95 percent of the overall workforce • Initial production of oil with a capacity of up to 40,000 barrels per day • The project is expected to reach daily production capacity of 165,000 barrels in 2015. • Banyu Urip will continue to ramp up production until it reaches full-field capacity in 2015. Three onshore gas fields. Divided in two Arun PSCs, South Lhoksukon (SLS) A and D, as well as one offshore gas field, the North Sumatra Offshore (NSO) A. Gas produced from fields is sent to a facility owned by PT Arun NGL then managed to become LNG. Until now, PT Arun has supplied more than 4000 cargoes of LNG to Pertamina for sale to consumers in Korea and Japan. Conclusions ExxonMobil 2014 Outlook for Energy