This communication may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts included in this communication, regarding our strategy, future operations, financial condition, estimated earnings and losses, projected costs, outlook, plans and management objectives are forward-looking statements. When used in this communication, the words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “project”, “expect”, “may”, “goal”, “plan” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements include statements regarding our ability to realize certain opportunities and benefit from favorable US federal government regulation and spending, and to successfully complete growth, strategic and business development initiatives. These forward-looking statements are based on our current expectations and assumptions regarding future events and are based on currently available information as to the outcome and timing of future events.

We caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include, but are not limited to, the success of our carbon capture and sequestration projects; commodity price volatility; the lack of resolution of the war in Ukraine and its impact on certain commodity markets; the ability or willingness of the Organization of the Petroleum Exporting Countries (“OPEC”) and excluding OPEC countries, such as Saudi Arabia and Russia, to fix and maintain oil production levels and the impact of such actions; lack of transportation and storage capacity due to oversupply, government regulations and actions or other factors; sustained inflation and the impact of central bank policy in response thereto; lack of availability of drilling and production equipment and services; environmental risks; drilling and other operating risks; regulatory changes; the ongoing impact of coronavirus disease 2019 (“COVID-19[FEMALE”)[FEMININE”) including any new strains or variants, and government action relating thereto; the inherent uncertainty in estimating reserves and projecting future production rates, cash flows and access to capital; the development expenditure schedule; the possibility that anticipated benefits from recent acquisitions will not be realized when expected or at all, including due to the impact or issues arising from the integration of such acquisitions; changes to federal income tax laws and regulations, including the Reduction of Inflation Act of 2022; and other factors that could affect our future results and business generally, including those discussed under “Risk Factors” in our annual report on form 10-K for the year ended December 31, 2021 filed February 25, 2022 and in our quarterly reports on form
10-Q for the period ended March 31, 2022 filed May 5, 2022 and for the period ended June 30, 2022 filed August 5, 2022.

Should one or more of these risks materialize, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in the forward-looking statements. All forward-looking statements, express or implied, are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that we or persons acting on our behalf may make. Unless otherwise required by applicable law, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this communication.

TALOS ENERGY INC. 333 Clay St., Suite 3300, Houston, TX 77002