Inspiring Tomorrow - Corporate Presentation

HIGH OIL PRICE DEVELOPMENTS AND EXPECTED IMPACTS ON POLYOLEFINS بروج דיי Borouge Strong correlation between oil prices and polyolefins prices Prevailing Oil Prices at High Levels ... ... is Supportive for Borouge (in US$/bbl) 120 100 80 60 60 60 40 40 20 20 0 (1) 2015 2016 2017 2018 2019 2020 2021 Feb-22 Mar-22 WTI Brent -Murban Source: IHS Markit 1) Data until 3rd week of Mar-2022 30 Corporate Presentation | April 2022 Steeper cost curve with non-gas producers having a higher cost base compared to gas producers Low-cost polyolefin producers in North America and the Middle East will be highly competitive INSPIRING TOMORROW

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