Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50WESTERN SAHARA Kosmos and the Office National des Hydrocarbures et des Mines (ONHYM), on behalf of the Government of Morocco, have signed a Joint Declaration of Principles committing that the people of Western Sahara will benefit in an effective and equitable manner from any potential hydrocarbon development and will be consulted in the process. This achievement has been recognized by many stakeholders as a positive and significant step forward. We view the 2002 U.N. Legal Opinion as our touchstone as it remains relevant and specifically applicable on the matter of investment in Western Sahara. In our view, economic development of the territory can and should proceed in parallel with the U.N. mediation process without adversely affecting its progress or outcome.. MANAGING OUR FOOTPRINT Kosmos completed the first well in the Cap Boujdour contract area safely and without incident. Our Environmental Management Plan was based on the Environmental Impact Assessment (EIA) that Kosmos conducted prior to drilling. The EIA for the Cap Boujdour contract area, including the Al-Khayr well, was completed by a well-known international firm and was prepared in a manner consistent with good industry practice, and in compliance with Morocco’s environmental legislation. Kosmos organized several Kosmos completed its first exploration well offshore Western Sahara in early 2015. The well encountered hydrocarbons, but the discovery was non-commercial. Kosmos’ goal in the coming years will be to find a reservoir of commercial size and quality. For complete information on our activities offshore Western Sahara, visit Atlantic Ocean WESTERN SAHARA CAP BOUJDOUR BLOCK 34 34