WOODSIDE ENERGY GROUP LTD

FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements. These statements may relate to Woodside’s business, goals targets, aspirations, plans,

expectations, market conditions, results of operations and financial condition, including, but not limited to, statements regarding the

timing, completion and outcomes of transactions, construction costs and capital expenditures, supply and demand for Woodside’s

products, development, completion and execution of Woodside’s projects, the expected benefits, cash flows and rates of return or other

future results of investments, strategies and transactions, the payment of future dividends and the amount thereof, future results of

projects, operating activities and new energy products, expectations and plans for renewables production capacity and investments in,

and development of, renewables projects, expectations and guidance with respect to production, production costs and other costs, capital

expenditure, abandonment expenditure, exploration expenditure and gas hub exposure, trends in commodity prices and currency

exchange rates, adoption and implementation of new technologies and expectations regarding the achievement of Woodside’s Scope 1

and 2 greenhouse gas emissions targets and Scope 3 investment and emissions abatement targets (in each case on a net equity or gross

equity basis as specified) and other climate and sustainability goals. All statements, other than statements of historical or present facts,

are forward-looking statements and generally may be identified by the use of forward-looking words such as ‘aim’, ‘anticipate’, ‘aspire’,

‘believe’, ‘enable’, ‘estimate’, ‘expect’, ‘forecast’, ‘foresee’, ‘guidance’, ‘intend’, ‘likely’, ‘may’, ‘objective’, ‘outlook’, ‘pathway’

‘plan’, ‘position’, ‘potential’, ‘project’, ‘schedule’, ‘seek’, ‘should’, ‘strategy’, ‘strive’, ‘target’, ‘will’, and other similar words or

expressions. Forward-looking statements in this report are not guidance, forecasts, guarantees or predictions of future events or

performance, but are in the nature of future expectations that are based on management’s current expectations.

Those statements and any assumptions on which they are based are subject to change without notice and are subject to inherent known

and unknown risks, uncertainties, contingencies and other factors, many of which are beyond the control of Woodside, its related bodies

corporate and their respective officers, directors, employees, advisers or representatives.

Important factors that could cause actual results to differ materially from those in the forward-looking statements and the assumptions on

which they are based include, but are not limited to, fluctuations in commodity prices, actual demand for Woodside products, currency

fluctuations, geotechnical factors, drilling and production results, gas commercialisation, development progress, operating results,

engineering estimates, reserve and resource estimates, loss of market, industry competition, pace of technology developments,

sustainability and environmental risks, climate related transition and physical risks, safety and personnel risks, changes in accounting

standards, economic and financial markets conditions in various countries and regions the actions of third parties, project delay or

advancement, regulatory approvals, political risks and the impact of armed conflict and political instability (such as the ongoing conflicts

in Ukraine and in the Middle East) on economic activity and oil and gas supply and demand, cost estimates, legislative, fiscal and

regulatory developments, including those related to the imposition of tariffs and other trade restrictions, and the effect of future

regulatory or legislative actions on Woodside or the industries in which it operates, including potential changes to tax laws, the impact of

general economic conditions, inflationary conditions, prevailing exchange rates and interest rates and conditions in financial markets,

and risks associated with acquisitions, mergers and joint ventures, including difficulties integrating or separating businesses, uncertainty

associated with financial projections, restructuring, increased costs and adverse tax consequences, and uncertainties and liabilities

associated with acquired and divested properties and businesses.

A more detailed summary of the key risks relating to Woodside and its business can be found in Item 3.D. Risk Factors. You should

review and have regard to these risks when considering the information contained in this report. If any of the assumptions on which a

forward-looking statement is based were to change or be found to be incorrect, this would likely cause outcomes to differ from the

statements made in this report.

Investors are strongly cautioned not to place undue reliance on any forward-looking statements. Actual results or performance may vary

materially from those expressed in, or implied by, any forward-looking statements. None of Woodside nor any of its related bodies

corporate, nor any of their respective officers, directors, employees, advisers or representatives, nor any person named in this report or

involved in the preparation of the information in this report, makes any representation, assurance, guarantee or warranty (either express

or implied) as to the accuracy or likelihood of fulfilment of any forward-looking statement, or any outcomes, events or results expressed

or implied in any forward-looking statement in this report. All forward-looking statements contained in this report reflect Woodside’s

views held as at the date of this report and, except as required by applicable law, neither Woodside, its related bodies corporate, nor any

of their respective officers, directors, employees, advisers or representatives nor any person named in this report or involved in the

preparation of the information in this report intends to, undertakes to, or assumes any obligation to, provide any additional information or

update or revise any of these statements after the date of this report, either to make them conform to actual results or as a result of new

information, future events or results, changes in Woodside’s expectations or otherwise.

Past performance (including historical financial and operational information) is given for illustrative purposes only. It is not necessarily a

reliable indicator of future performance, including future security prices.

INDUSTRY AND MARKET DATA

This report contains industry, market and competitive position data that are based on industry publications, third-party studies, and

Woodside’s internal estimates and research. These industry publications and third-party studies generally state that the information they

contain has been obtained from sources believed to be reliable, although they do not guarantee the accuracy or completeness of such

information. While Woodside believes that each of these publications and third-party studies is reliable and has been prepared by a

reputable source, Woodside has not independently verified the market and industry data obtained from these third-party sources and

cannot guarantee the accuracy or completeness of such data. There may be differences in the way third parties calculate or report

greenhouse gas emissions compared to Woodside, which means third party data may not be comparable to Woodside’s data.

Accordingly, undue reliance should not be placed on any of the industry, market and competitive position data contained in this report.

Forecasts and other forward-looking information obtained from these sources are subject to the same qualifications and uncertainties as

the other forward-looking statements contained in this report and may differ among third-party sources. These forecasts and forward-

looking information are subject to uncertainty and risk due to a variety of factors, including those described in the sections captioned

“Risk Factors” and “Forward-Looking Statements” elsewhere in this report. These and other factors could cause results to differ

materially from those expressed in Woodside’s forecasts or estimates or those of independent third parties. While Woodside believes its

internal research is reliable and its selection of industry publications and third-party studies and the description of its market and industry

are appropriate, neither such research nor these descriptions have been verified by any independent source.

CLIMATE STRATEGY AND

EMISSIONS DATA

All greenhouse gas emissions data in, or incorporated by reference into, this report are estimates, due to the inherent uncertainty and

limitations in measuring or quantifying greenhouse gas emissions. Methodologies for measuring or quantifying greenhouse gas

emissions may evolve as market practices continue to develop and data quality and quantity continue to improve.

Woodside “greenhouse gas” or “emissions” information reported are Scope 1 greenhouse gas emissions, Scope 2 greenhouse gas

emissions, and/or Scope 3 greenhouse gas emissions, each on a net equity or gross equity basis as specified.

Actual performance against Woodside’s targets (including items that are described as a target) and aspirations or goals may be affected

by various risks associated with the Woodside business, the uncertainty as to how the global energy transition to a lower carbon

economy will evolve, and physical risks associated with climate change, many of which are beyond Woodside’s control.

The glossary and footnotes included, or incorporated by reference, into this 2025 Form 20-F provide further clarification of “lower

carbon” where applicable. Woodside uses the term “lower-carbon services” to describe technologies, such as carbon capture utilization

and storage, or “CCUS”, or offsets, that may be capable of reducing the net greenhouse gas emissions of our customers.

Additionally, the developments of environmental and climate change-related issues discussed in this report or the information

incorporated by reference herein are based on various frameworks and the interests of various stakeholders that are subject to evolve

independently of our will. Moreover, materiality, as used in the context of climate and sustainability-related disclosures, may differ from

the materiality standards applied by other reporting regimes, including as defined for SEC reporting purposes. Our disclosures on such

issues, including climate-related disclosures that are identified as material for purposes of sustainability in this report, may include

information that is not necessarily “material” under US securities laws for SEC reporting purposes or under applicable securities law.

Scope 3 targets are subject to commercial arrangements, commercial feasibility, regulatory and joint venture approvals, and third party

activities (which may or may not proceed). Individual investment decisions are subject to Woodside’s investment targets. Such targets

are not guidance. Scope 3 targets potentially include both organic and inorganic inves tment.