Fueling the Future

FY 2023 Financial Performance ($ in millions) Product margin (1) Gross profit Net income EBITDA(1) Adjusted EBITDA (1) Maintenance capex DCF(1) Adjusted DCF(1) (1) Please refer to Appendix for reconciliation of non-GAAP items. Product Margin FY 2023 20 20 GDSO 78% FY 2023 FY 2022 Operations 26% $1,068.2 $1,185.3 $973.6 $1,097.6 $152.5 $362.2 $356.4 $565.1 $356.3 $485.2 $60.8 $54.4 Gasoline Distribution $202.7 $413.4 Station C 52% Gasoline and Gasoline Blendstocks 10% Wholesale 19% Distillates & Other Oils 9% Commercial 3% $201.7 $413.4 FY 2023 Drivers vs. FY 2022 ↑ Increased convenience store activity in part due to the September 2022 acquisition of Tidewater Convenience ↓ Lower fuel margins in gasoline distribution compared to uniquely strong fuel margins in FY 2022 Less favorable market conditions in distillates and other oils in Wholesale segment and bunkering in Commercial segment vs. FY 2022, during which significant volatility in refined product prices positively impacted product margins Product Margin by Segment $834.6 $856.6 ($ in millions) $287.7 $201.9 $31.7 $41.0 FY'23 FY'22 FY'23 FY'22 FY'23 FY'22 0 GLOBAL ↑ Favorable variance ↓Unfavorable variance GDSO Wholesale Commercial

View entire presentation