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Investor Presentaiton

SAF OPTIONALITY: ACCELERATED TARGET FOCUS ON HIGH-VALUE ADDED PRODUCTS OPTIONALITY IN A FLEXIBLE PRODUCTION SYSTEM HVOlution Arctic diesel from 2024 HVO DIESEL Pure HVO already available in 640+ retail stations Invested to improve cold properties to target other markets (e.g. Northern Europe) Partnerships to target new or niche markets (e.g. ships, rail, diesel power gens, data centers) TRENITALIA GRUPPO FERROVIE DELLO STATO ITALIANE ADR FERCAM Logistics & Transport SAF 24 arriva acompany AZIMUT BENETTI GROUP HVO NAPHTHA GHG Integration with Versalis crackers and JV with international chemical partners Gasoline blending optionality Auto consumption optionality to improve product GHG saving SAF co-processing 0.5% UCO in Taranto (2021) SAF industrial integration bionaphtha fractioned in Livorno (2022) SAF direct production Gela/Venice from 2024-25 SAF direct production planned boost GHG HVO-LPG Gasoline blending optionality Auto consumption optionality to improve product GHG saving New ongoing development 2026 SAF optionality 1.0mmt/y 2030 SAF optionality Up to 2mmt/y
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