Decarbonizing Maritime Transport slide image

Decarbonizing Maritime Transport

Operational excellence drives quick wins in the short-term, coupled with value-enhancing initiatives in the long-term OCI is developing numerous projects at various stages of maturity, with final investment decision dependent on regulation, feedstock availability and price, capex requirements and potential partnerships OCI 1 Operational excellence - Short to medium-term (-5%) Medium to long-term (-5%) 2 Lower carbon technologies¹ 3 Lower carbon products 4 Switch to renewable electricity 2020 2022 2024 2026 2028 2030 Plan Pilot Scaling Continued implemented Maintaining an IRR threshold of 12 - 14% unlevered with continued focus on deleveraging and cost optimization 1. OCI is evaluating a wide range of projects to decarbonize via lower carbon technologies. Implementation subject to supportive regulatory environment, subsidies, technology advancements and national environmental targets • As part of our hydrogen strategy, we have developed a strong pipeline of decarbonization opportunities • Our strategy capitalizes on short- to-medium term quick wins through our operational excellence program, coupled with medium-to-long-term value- enhancing initiatives offering sustained environmental and operational benefits • Operational Excellence to drive - 5% emission reduction at no/low costs in the short to medium term • We will adjust the strategy to ensure an optimal combination of emission reduction potential, prudent capital expenditures, and economic value creation 36
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