• Delivered strong operational performance with 97.8% LNG reliability
• Achieved 14% reduction in net equity Scope 1 & 2 emissions
• Reported net profit after tax of $3.6 billion, with full-year dividend of 122 US cps

Woodside Energy Group Ltd delivered an outstanding operational and financial performance in 2024. The company maintained world-class reliability of 97.8% at its operated LNG assets, while achieving a 14% reduction in its net equity Scope 1 & 2 greenhouse gas emissions. Woodside reported a net profit after tax of $3.6 billion for the year, reflecting its strong operational results amid a lower pricing environment. The Board determined a fully franked final dividend of 53 US cents per share, resulting in a total full-year dividend of 122 US cents per share. Woodside's success positively impacts a broad range of stakeholders, with the company spending $7.9 billion globally on goods and services, including almost $5.1 billion with Australian suppliers. The company also continues to make significant voluntary social investments into local communities. The Board's disciplined investment approach and strategic oversight have enabled Woodside to deliver value-creating growth, including the successful startup and performance of the Sangomar project, and the acquisition of the Louisiana LNG and Beaumont New Ammonia projects. Woodside plays a critical role in providing reliable and affordable energy that underpins economic prosperity, with gas accounting for 60% of Western Australia's electricity generation and almost 40% of the energy used by Australia's manufacturing sector. The company is well-positioned to continue supporting regional energy security as global LNG demand is forecast to increase.

Woodside expects to continue delivering strong operational and financial performance, with the company on track to meet its 2025 and 2030 net equity Scope 1 and 2 greenhouse gas emissions reduction targets towards its aspiration of net zero by 2050 or sooner.

Woodside is confident in its ability to create long-term value for shareholders through its disciplined investment approach, strategic growth initiatives, and continued focus on operational excellence and sustainability. The company is well-positioned to play a leading role in supporting global energy security and the transition to a lower-carbon future.