A. Understanding RED

1. What does RED mean for my invoices. Are they still valid?The Restructuring Effective Date (“RED”) marks the start of the payment process under the scheme approved by the Court on 6 March 2025 (“Sanction Order”). All admitted and verified invoices remain valid and will be processed in line with the terms of the court-sanctioned scheme (“Scheme”).
2. When will I get paid. Is it really within 90 days for everyone?The Scheme Paper sets out how creditors’ claims will be satisfied.

Preferred Unsecured Vendors:

Admitted claims of Scheme Creditors who fall within the class of Preferred Unsecured Creditors will, after the waiver of all penalty charges, late payment charges and interest or profit accruing from 31 January 2022 to the RED, be fully settled in cash by Vantris Energy within 90 days after the occurrence of the RED.

Unsecured Creditors:

Admitted claims of Scheme Creditors who fall within the class of Unsecured Creditors will, after the waiver of all penalty charges, late payment charges, and interest or profit accruing from 31 January 2022 to the RED, be fully settled through instruments provided under the Scheme.

On RED, for every Ringgit Malaysia One (RM1.00) of the Outstanding Liabilities owing by Vantris Energy to its Unsecured Creditors, settlement will be effected as follows:

a. 20.22 sen shall be irrevocably restructured into an equivalent principal amount of SOMV Debt to be assumed and settled solely by Sapura Upstream Assets Sdn Bhd.

b. 46.98 sen shall be restructured into Sustainable Debt as follows:

i. For every 1 sen of Outstanding Liabilities to be converted into Sustainable Debt, up to 0.5 sen shall be converted into Sustainable Debt (Drilling) to be assumed solely by Sinar Drilling and payable to the Unsecured Creditors of Vantris Energy on a pro rata basis; and

ii. For every 1 sen of Outstanding Liabilities to be converted into Sustainable Debt, up to 0.5 sen shall be converted into Sustainable Debt (Brazil) to be assumed solely by Sinar Brazil and payable to the Unsecured Creditors of Vantris Energy on a pro rata basis.

c. 15.91 sen shall be converted into Redeemable Convertible Unsecured Islamic Debt Securities (“RCUIDS”) in accordance with the terms of the Scheme.

d. 9.84 sen shall be converted into Settlement Shares at the Settlement Share Issue Price of RM0.80 per share, to be issued to Unsecured Creditors.

e. 7.05 sen shall be waived, representing a waiver of debt for every RM1.00 of Outstanding Liabilities.

The terms and conditions governing the above are as set out in the Scheme Paper.

B. Payment Process

1. How are you deciding who goes first?

We aim to complete all settlements within 90 days from RED. Payments will be processed based on our capacity and in line with the Scheme’s terms.

2. Am I considered Preferred Unsecured Creditors or Unsecured Creditors?

Your classification depends on the nature of your claim and your role in the company’s operations. You can confirm your status by revisiting the Scheme Microsite credentials shared during the Court-convened meetings, or by contacting the helpdesk.

3. What makes a vendor an Essential Creditor under the Scheme?

Essential Creditor means the Unsecured Creditors of the Scheme Companies that are non-Malaysian O&G service providers to the Group which are considered to be essential to the continued operations of the Scheme Companies.

4. Are you paying by entity, or is everything grouped by category and risk?

Payments are grouped by creditor category, not strictly by entity.

5. Will I be told in advance when my claim is scheduled for payment?

We are not able to provide advance notification of specific payment dates for individual claims. You will be notified once your payment has been processed or if additional information is required. For updates, please use the helpdesk or creditor portal.

6. Will I be paid fully in cash, or are there cases where settlement will be in non-monetary terms

Preferred Unsecured Vendors will be paid in full, in cash. Unsecured Creditors will be settled through instruments as set out in the Scheme Paper.

Refer to section A – Understanding RED.

C. Checks and Oversight

1. What kind of due diligence is done before releasing payment?

All submitted claims are checked against the Proof of Debts (“POD”) and company records. If discrepancies are found, affected vendors will receive a formal notice.

2. Who is the third-party monitoring accountant and how long will their review take?

An independent monitoring accountant is appointed to ensure transparency and compliance. Their review starts at RED and continues until all payments are completed.

3. Who is responsible for monitoring payments to ensure fairness?

Payments are monitored internally and reviewed by the independent monitoring accountant.

D. Funding and Assurance

1. When is the RM1.1 billion from MDH coming in, and how will it be used?

The RM1.1 billion from MDH has been received and will be applied in line with the Scheme.

The funds are allocated to support the settlement of outstanding liabilities owing to Malaysian oil and gas Ecosystem Creditors who are critical to the industry’s sustainability and continuity.

E. Helpdesk and Relationships

1. Who do I talk to about my claim?

Please contact the helpdesk based on your classification:

• • Preferred Unsecured Creditors: helpdesk@vantrisenergy.com
  • Unsecured Creditors: uc.helpdesk@vantrisenergy.com

2. How quickly will I get a reply if I raise a query?

The helpdesk aims to respond within 3 business days. Complex queries may take longer but will be acknowledged promptly.

3. What if I do not get a clear answer. Is there an escalation process?

Unresolved queries can be escalated through the helpdesk.

4. Can I still contact my usual person inside the company, or does everything have to go through the helpdesk?

For Scheme-related payment and claim matters, please use the helpdesk so your query is tracked and handled efficiently. For ongoing business, you may continue to liaise with your usual contacts.

F. Practicalities

1. Will there be regular updates in the media or only direct notices to vendors?

Updates will be posted on the company website.

2. How will foreign vendors be kept in the loop if they are not following Malaysian channels?

Foreign vendors can access updates on the . For further clarification, they may contact the helpdesk, which is equipped to assist vendors globally.