THE BAYOU BEND CAPTURE AND SEQUESTRATION HUB: CO2 CAPTURE & STORAGE HUB

Chevron and partner Equinor will develop the Bayou Bend Carbon Capture and Sequestration hub, seeking to establish one
of the first offshore carbon dioxide storage projects in the United States. The offshore hub will be located in the U.S. Gulf of Mexico off
the coast of Jefferson County in Southeast Texas.

Early estimates show a potential storage capacity between 225 million and 275 million metric tons of carbon dioxide from industrial
operations in the area. For comparison, the U.S. environmental Protection Agency estimates that an average gas-powered car that
gets 22 miles per gallon emits about 5 tons (about 4.5 metric tons) of carbon dioxide a year.

Moderator: TBD
Panelist: TBD, Equinor
Panelist: TBD, Chevron
Panelist: TBD