PEDEVCO (PED) Investor presentation summary

Strategic transformation and scale

• Merger resulted in a producer with over 6,500 Boe/d and 32 MMBoe proved reserves across more than 310,000 net acres, with a focus on the Rockies and additional Permian exposure.

• Asset base includes DJ Basin, Powder River Basin, and Permian Basin, with 88% liquids and multi-decade inventory runway.

• Rockies consolidation platform enables pursuit of accretive bolt-on acquisitions, leveraging public equity and RBL bank debt.

Financial performance and outlook

• Pro forma 2026 EBITDA forecasted at $60MM–$70MM, with net debt of ~$84MM and net debt/EBITDA of ~1.3x by year-end 2025.

• PV-10 valuation of $357.7MM, or ~$26.90 per share, indicating a significant discount to current stock price.

• Enterprise value estimated at ~$316MM, with per-share reserves of ~2.4 Boe/share.

Operational efficiency and cost optimization

• Targeting $8–10MM annualized LOE savings and $3–4MM G&A synergies, with full run-rate expected by mid-2027.

• LOE optimization projects and G&A synergies underway, aiming for $12–15MM annualized EBITDA uplift.

• Breakeven oil prices below $50/bbl across all basins, supporting robust well economics and capital allocation flexibility.