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Investor Presentaiton

38 38 BIOREFINING KEY PROJECTS COUNTRY PROJECT W.I. START UP CAPACITY STATUS ADDITIONAL NOTES Production capacity increase 2025 from 360 to 600 kton/y ITALY (VENICE) 100% 600 kton/y Firm Enhanced flexibility to allow other biomass processing (incl. low bio ILUC) Phl in 2023 Ph2 in 2026-27 Product mix enrichment to ITALY grow HVO diesel & biojet 100% 2024-2025 (GELA & VENICE) ~740 kton/y (Gela) 600 kton/y (Venice) Firm production ITALY Building 3 new plants for hydrogenated biofuel 100% 2026 500 Kton/y Firm (LIVORNO) production MALAYSIA (PENGERANG) New biorefinery under study (flexible configuration to max SAF & HVO prod.) FID by 2024, Under eval. completion 650 kton/y (gross) Under study by 2026 Biogenic feedstock pre-treatment unit, 500 kton/y ecofining TM plant and hydrogen plant Strategic location close to Singapore on major international aviation and shipping routes, with easy access to Asian market expected to grow (especially in SAF) SOUTH KOREA (DAESAN) New biorefinery under study (flexible configuration to max SAF & HVO prod.) FID by 2024, Under eval. completion 400 kton/y (gross) Under study by 2026 Synergies with the existing LG Chem industrial complex for bio- based polymers production
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