Request for proposal for consulting services related to Research and Analysis of Major Challenges to the Upstream Development and Corporate Strategies of Oil and Gas Business November 12, 2026 MORI Hiroyuki Executive Vice President, Member of the Board, Energy Business Japan Organization for Metals and Energy Security (JOGMEC) JOGMEC invites proposal submissions for “consulting services related to Research and Analysis of Major Challenges to the Upstream Development and Corporate Strategies of Oil and Gas Business”. Parties who wish to apply for this request for proposal (“RFP”) should submit a proposal in accordance with the following instructions. 1. Scope of work A) Contractor is expected to gather, organize, analyze, and provide JOGMEC with the following information utilizing its own information network on a daily and monthly basis. Global trends in Upstream business for oil and natural gas and asset transaction in Europe including the North Sea, in the Middle East and Africa, and in Central and South America, in Southeast Asia, as well as related investment and financing trends. Latest political, economic, and geopolitical trends in major countries (including, but not limited to, Russia) affecting the global oil, natural gas and LNG market, as well as approaches by major Western companies toward resource development and major western counties’ trends in international affairs. Trends on major European and U.S. companies and national oil companies in dealing with climate change (including developments around carbon pricing and emission trading system), and renewable energy which are major strategic themes. B) Based on the information above, Contractor is expected to make a presentation to JOGMEC executives on issues facing the management of oil and gas companies, and to answer questions, exchange opinions, and provide consultation. C) Contractor is also expected to work closely with JOGMEC headquarter and London Office regarding inquiries by email, telephone, on-line session, or face-to-face. 2. Contract Term From April 1, 2027 to March 31, 2028. 3. Budget Total budget is equal to or below USD 105,000. This is NOT the contract price and is the maximum limit of the budget. The quotation shall NOT exceed the above-mentioned budget. The cost performance will be included in the evaluation criteria. 14. Qualification Requirements to become a Contractor: A) A potential contractor must have: ・The person in charge of the service should have the capability of implementing the Scope of Work described in item 1. ・The person in charge of the service should have sufficient track records of the Scope of Work described in item 1. ・The person in charge of the service should have the financial and human resources necessary to carry out the Scope of Work described in Item 1. ・The person in charge of the service should have high level of capability of intelligence-gathering and analysis on political and economic trends and the energy situation in Russia's upstream industries. ・The person in charge of the service should have experience in research institutions specializing in intelligence analysis throughout Europe, the Middle East and Africa, and Latin America, and in the upstream oil business. ・The person in charge of the service should also be proficient in the upstream oil business and should have deep network connections with intelligence agencies, governments, and legislators in above regions. ・The person in charge of the service should communicate JOGMEC in Japanese or English. ・The person in charge of the service should have necessary human resources in UK. ・The person in charge of the service should have necessary contact and meetings with JOGMEC HQ and London Office when JOGMEC requests. ・The service should be implemented for USD105,000 or less. B) A potential contractor must be: ・ (Only for entities who are registered in Japan) a business entity who shall have governmental qualifications; A, B or C rank in ”Service” of Reiwa 07・08・09FY (FY2025, 26 and 27) “Zenshocho Toitsu Shikaku”. ・ a business entity who shall not be currently under a suspension of business order as instructed by the Japanese government administrative organization. ・ a business entity who shall not come under Article 3 of “Public announcement on the qualifications for participating in the tendering procedures by Japan Organization for Metals and Energy Security.” ・ not consign, subcontract, nor outsource (hereinafter “consignment”) material part of its plan, proposal, nor its execution. (This condition shall apply to the consignee, and to all its sub- consignees). (Note: the word consignment is used as general term to consignment of any kind). If any part of this Work is consigned to anyone, an applicant shall not use the reason of being an affiliated group entity as a valid qualification for such consignment. (This condition shall apply to the consignee, and to all its sub-consignees). Definition of affiliated group entity are as follows