Marathon Oil (MRO)

Counterparty Risk

We are also exposed to credit risk in the event of nonperformance by counterparties. The creditworthiness of counterparties is reviewed and master netting agreements are used when appropriate.

Counterparty Risk

We are also exposed to credit risk in the event of nonperformance by counterparties. The creditworthiness of counterparties is reviewed and master netting agreements are used when appropriate.

Counterparty Risk

We are also
exposed to credit risk in the event of nonperformance by counterparties. The creditworthiness of counterparties is reviewed and master netting agreements are used when appropriate.

FACE="ARIAL" SIZE="2">Safe Harbor

These quantitative and qualitative disclosures about market risk include forward-looking
statements with respect to management’s opinion about risks associated with the use of derivative instruments. These statements are based on certain assumptions with respect to market prices and industry supply of and demand for crude oil,
natural gas, refined products and other feedstocks. If these assumptions prove to be inaccurate, future outcomes with respect to our use of derivative instruments may differ materially from those discussed in the forward-looking statements.

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Table of Contents

Index to Financial Statements