Kosmos Energy Ltd

Report on payments to government for the year 2022

Introduction

Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as amended in December 2015) (the Regulations).

FOOTNOTES

1   Government includes any national, regional, or local authority of a country, and includes a department, agency or entity that is a subsidiary of a government, including a national oil company.

2   Income taxes - Inclusive of tax refunds received. This is based on taxes assessed on income.

3   Royalties - Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator. United States royalties are payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore-------- federal leases.

4   Royalties - The value of royalties for Equatorial Guinea and Ghana are estimated based on the annual average of daily Brent prices of $101.32 during 2022. United States royalties are actual payments to the United States ONRR.

5   Bonuses - Payments made to the federal government when acquiring offshore leases.

6   License Fees - Payments made primarily to the federal government for annual rentals and applications for permits.

Introduction - Supplemental Information

In addition to the above Payments to Governments, Kosmos Energy Ltd. has prepared the following supplemental information for the year ended 31 December 2022.

FOOTNOTES

1   Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest.  The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea.  The value of the production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022.  These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year.

2   Inclusive of any tax refunds received.

3   Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable.  In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.

4   Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States.  These values are exclusive of withholding or similar taxes remitted on behalf of service providers.

FOOTNOTES

Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as- amended in December 2015) (the Regulations).  Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations.  Please see the footnotes below for further detail on the payments we made to our host country governments in 2022.

1   Our summary, project-level and receiving-entity level payments to government disclosures are also available on our website at www.kosmosenergy.com/transparency.

2   Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest.  The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea.  Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator.  These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year.  The value of the international royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022.  United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.

3   Inclusive of tax refunds received. This is based on taxes assessed on income.

4   Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable.  In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.

5   Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States.  These values are exclusive of withholding or similar taxes remitted on behalf of service providers.

FOOTNOTES

Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as- amended in December 2015) (the Regulations).  Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations.  Please see the footnotes below for further detail on the payments we made to our host country governments in 2022.

1   Our summary, project-level and receiving-entity level payments to government disclosures are also available on our website at www.kosmosenergy.com/transparency.

2   Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest.  The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea.  Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator.  These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year.  The value of the international royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022.  United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.

3   Inclusive of tax refunds received. This is based on taxes assessed on income.

4   Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable.  In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.

5   Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States.  These values are exclusive of withholding or similar taxes remitted on behalf of service providers.

FOOTNOTES

Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as amended in December 2015) (the Regulations).  Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations.  Please see the footnotes below for further detail on the payments we made to our host country governments in 2022.

1   Our summary, project-level and receiving-entity level payments to government disclosures are also available on our website at www.kosmosenergy.com/transparency.

2   Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest.  The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea.  Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator.  These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year.  The value of the international royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022.  United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.

3   Inclusive of tax refunds received. This is based on taxes assessed on income.

4   Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable.  In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.

5   Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States.  These values are exclusive of withholding or similar taxes remitted on behalf of service providers.

FOOTNOTES

Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2022 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as- amended in December 2015) (the Regulations).  Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations.  Please see the footnotes below for further detail on the payments we made to our host country governments in 2022.

1   Our summary, project-level and receiving-entity level payments to government disclosures are also available on our website at www.kosmosenergy.com/transparency.

2   Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest.  The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea.  Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of Kosmos Energy's working interest share of production and as reported by the third-party operator.  These figures exclude 15.594 Bscf of associated Jubilee and TEN sold to GNPC during the year.  The value of the international royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of $101.32 during 2022.  United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.

3   Inclusive of tax refunds received. This is based on taxes assessed on income.

4   Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable.  In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $8,600 in São Tomé and Príncipe.

5   Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States.  These values are exclusive of withholding or similar taxes remitted on behalf of service providers.