Expanding in Circular Economy

2030 DIRECTIONS STILL VALID, SUSTAINABILITY IN FOCUS KEY PILLARS OF THE 2030 STRATEGY REMAIN INTACT EFFICIENCY & PROFITABILITY 2030 Target Sufficient EBITDA generation to fund transition nit Keep market share across the 2020s and harvest existing position ▸ Push for efficiency: to be among the most efficient refiners in Europe ► Release additional resources for transformation FUEL TRANSFORMATION up to 2 mtpa ► Modular approach, 1st step focuses on gasoline conversion ► Technological options are narrowed ▸ Decision on first step is expected in 2023 VALUE CHAIN EXTENSION SUSTAINABILITY Mainly mid size -20% Scope 1+2 ▸ Complete the Polyol project in 2023, deliver USD ~150 mn EBITDA/year ► Focus on small-to-mid-size projects (e.g. metathesis, maleic anhydride) ▸ Continuous implementation of efficiency projects, plus DS product portfolio development ▸ Scaling up our circular economy initiatives, integrating waste utilization into our value chain MOLGROUP | 17

View entire presentation