Investor Presentaiton
REFINING NZ
2021 ANNUAL RESULTS
PRESENTATION
2021 PERFORMANCE HIGHLIGHTS
All 2021 key priorities achieved
Maintained excellent safety and operational performance through the Strategic Review and ongoing COVID-19 impacts
Safe, reliable and compliant operations throughout 2021
No recordable personal safety incidents in over 2 years
Turnaround 2021 executed safely, on time and within
budget
Included first statutory inspection of the CCR
Maintain cash break-even operations at the Fee Floor
Cash neutral at the fee floor, including turnaround and
Strategic Review/conversion costs
Conclude import terminal negotiations with customers
Progress required shareholder and lender approvals
and detailed planning
Terminal Services Agreements signed with bp, Mobil and Z
Additional private storage capacity contracted
99% of shareholders voted in support of conversion
Lender consent and conversion funding secured
Final investment decision taken
5View entire presentation