SERVICES Tallinn, Estonia TRADING OFFICE Singapore REP OFFICE Beijing, China UPSTREAM Equatorial Guinea TERM|NAL Baltic Sea, Ust-Luga REFINERY Ingolstadt, Germany TERMINAL Karimun, Indonesia REP OFFICE Ulaanbaatar, Mongolia REFINERY Antwerp, Belgium OFFICE Amsterdam, The Netherlands TRADING OFFICE Geneva, Switzerland 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 COAL MINING Roundup, Montana PIPELINE David, Panama MIDSTREAM Asunción, Paraguay TRADING OFFICE Stamford, Connecticut TRADING OFFICE Nassau, The Bahamas More information can be found at GunvorGroup.com or @Gunvor 2018 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 and bulk materials from where they are sourced and stored to where they are demanded most. With strategic investments in industrial infrastructure—refineries, pipelines, storage, terminals, mining and upstream—Gunvor further generates sustainable value across the global supply chain for its customers. Employees worldwide 300,000 Barrels per day of installed reﬁning capacity 100 Number of countries Gunvor trades in MILLION 2.7 Number of barrels of oil equivalents traded per day Trading Ofﬁces Sales by Volume Supply by Region >75 Global banking partners 1,500 Stamford Shanghai Dubai London Geneva Singapore Houston Nassau

300,000...SERVICES Tallinn, Estonia TRADING OFFICE Singapore REP OFFICE Beijing, China UPSTREAM Equatorial Guinea TERM|NAL Baltic Sea, Ust-Luga REFINERY Ingolstadt, Germany TERMINAL

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SERVICESTallinn, Estonia

TRADING OFFICESingapore

REP OFFICEBeijing,China

UPSTREAMEquatorial Guinea

TERM|NALBaltic Sea, Ust-Luga

REFINERYIngolstadt,Germany

TERMINALKarimun,Indonesia

REP OFFICEUlaanbaatar,

Mongolia

REFINERYAntwerp,

Belgium

OFFICEAmsterdam,

The Netherlands

TRADING OFFICEGeneva,

Switzerland

TRADING OFFICEDubai, United Arab Emirates

OFFICENicosia, Cyprus

TRADING OFFICEShanghai,China

REFINERYRotterdam,

The Netherlands

TRADING OFFICELondon,

REP OFFICEIstanbul,Turkey

REP OFFICEBogotá,Colombia

REP OFFICEBuenos Aires,

Argentina

TRADING OFFICEHouston,

Texas

REP OFFICECalgary,

Alberta

COAL MININGRoundup, Montana

PIPELINEDavid,

Panama

MIDSTREAM Asunción,Paraguay

TRADING OFFICEStamford, Connecticut

TRADING OFFICENassau,The Bahamas

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

2018 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 and bulk materials from where they are sourced and stored to where they are demanded most. With strategic investments in industrial infrastructure—refineries, pipelines, storage, terminals, mining and upstream—Gunvor further

generates sustainable value across the global supply chain for its customers.

Employees worldwide

300,000Barrels per day of installed

refining capacity

100Number of countries

Gunvor trades in

MILLION2.7Number of barrels of oil

equivalents traded per day

Trading OfficesSales by Volume Supply by Region

>75Global banking partners

1,500

Stamford