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SERVICES Tallinn, Estonia TRADING OFFICE Singapore REP OFFICE Beijing, China UPSTREAM Equatorial Guinea TERM|NAL Baltic Sea, Ust-Luga REFINERY Ingolstadt, Germany REP OFFICE Berlin Germany TERMINAL Karimun, Indonesia REP OFFICE Ulaanbaatar, Mongolia OFFICE Amsterdam, The Netherlands TERMINAL Rotterdam, The Nederlands TRADING OFFICE Dubai, United Arab Emirates OFFICE Nicosia, Cyprus TRADING OFFICE Shanghai, China REFINERY Rotterdam, The Netherlands TRADING OFFICE London, UK REP OFFICE Istanbul, Turkey REP OFFICE Bogotá, Colombia REP OFFICE Buenos Aires, Argentina TRADING OFFICE Houston, Texas REP OFFICE Calgary, Alberta PIPELINE David, Panama MIDSTREAM Asunción, Paraguay TRADING OFFICE Stamford, Connecticut TRADING OFFICE Nassau, The Bahamas REFINERY Antwerp, Belgium TRADING OFFICE Geneva, Switzerland BIOFUEL PLANT Basque Country (Berantevilla), Spain REP OFFICE Barcelona, Spain REP OFFICE Madrid, Spain BIOFUEL PLANT Huelva, Spain More information can be found at GunvorGroup.com or @Gunvor 2019 GROUP SUMMARY Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded most. With strategic investments in industrial infrastructure (refineries, pipelines, storage and terminals), Gunvor further generates sustainable value across the global supply chain for its customers. Employees worldwide 100 Number of countries Gunvor trades in ~60 Global banking partners 1,600 300,000 Barrels per day of installed refining capacity MILLION 2.7 Number of barrels of oil equivalents traded per day MILLION MT 16 LNG delivered (2019) 198 million MT 185 million MT 2019 USD 75 billion 2019 Trading Offices Volumes by Product Supply by Region Stamford Dubai Shanghai London Geneva Singapore Houston Nassau *Gunvor ceased coal trading in 2018, and will no longer trade this commodity 38% Europe 35% Americas Asia-Pacific 11% Russia 7% Middle East 4% Africa 5% 34% Natural Gas 18% Crude Oil 13% Gasoil 11% Gasoline LNG 8% Fuel Oil 8% Naphtha 3% 2% Biodiesel 1%LPG 1% Metal 1% VGO

2019 GROUP SUMMARY...araguay RADNG OFFCE Stamord, onnecticut RADNG OFFCE The ahamas R Y ntwer, elgium RADNG OFFCE Geneva, Switerland asue ountry erantevilla, Sain …

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  • SERVICESTallinn,Estonia

    TRADING OFFICESingapore

    REP OFFICEBeijing,China

    UPSTREAMEquatorial Guinea

    TERM|NALBaltic Sea,Ust-Luga

    REFINERYIngolstadt,Germany

    REP OFFICEBerlinGermany

    TERMINALKarimun,Indonesia

    REP OFFICEUlaanbaatar,

    Mongolia

    OFFICEAmsterdam,The Netherlands

    TERMINALRotterdam,

    The Nederlands

    TRADING OFFICEDubai,United Arab Emirates

    OFFICENicosia,Cyprus

    TRADING OFFICEShanghai,China

    REFINERYRotterdam,

    The Netherlands

    TRADING OFFICELondon,

    UK

    REP OFFICEIstanbul,Turkey

    REP OFFICEBogotá,Colombia

    REP OFFICEBuenos Aires,

    Argentina

    TRADING OFFICEHouston,

    Texas

    REP OFFICECalgary,

    Alberta

    PIPELINEDavid,

    Panama

    MIDSTREAMAsunción,Paraguay

    TRADING OFFICEStamford,Connecticut

    TRADING OFFICENassau,The Bahamas

    REFINERYAntwerp,Belgium TRADING OFFICE

    Geneva,Switzerland BIOFUEL PLANT

    Basque Country(Berantevilla),

    SpainREP OFFICEBarcelona,Spain

    REP OFFICEMadrid,Spain

    BIOFUEL PLANTHuelva,

    Spain

    More information can be found at GunvorGroup.com or @Gunvor

    2019 GROUP SUMMARY

    Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded most. With strategic investments in industrial infrastructure (refineries, pipelines, storage and terminals), Gunvor further generates sustainable value across the global supply

    chain for its customers.

    Employees worldwide100

    Number of countries Gunvor trades in

    ~60Global banking partners

    1,600

    300,000Barrels per day of installed

    refining capacity

    MILLION2.7Number of barrels of oil

    equivalents traded per day

    MILLION MT16LNG delivered (2019)

    198

    milli

    on M

    T

    185

    milli

    on M

    T

    2019

    USD

    75

    billio

    n

    2019

    Trading OfficesVolumes by Product Supply by Region

    Stamford

    Dubai

    Shanghai

    London

    Geneva

    Singapore

    Houston

    Nassau

    *Gunvor ceased coal trading in 2018, and will no longer trade this commodity

    38% Europe

    35%Americas

    Asia-Pacific 11%

    Russia7%

    Middle East4%

    Africa5%

    34%Natural Gas

    18%Crude Oil13%Gasoil

    11%Gasoline

    LNG8%

    Fuel Oil8%

    Naphtha3%

    2% Biodiesel1%LPG

    1% Metal 1% VGO