Investor Presentaiton

Our winning strategy Focus and deliver Focusing on the 'core' > Get the most out of existing assets ▷ Target industry-leading reliability, cost structure ▸ Capture value from integration > Progress towards ESG targets ■Return more cash to shareholders ▸ Deliver healthy free cash flow > Strong, growing, sustainable dividend ▸ Share repurchases, cash management Ensure capital discipline throughout the cycle > Debottlenecking > Selective high-return growth - organic/inorganic ■ Remain nimble > Ability to pivot as market dynamics change ▷ Flexibility comes from strong balance sheet, low cost, high reliability KC YEARS 1880-2020 Imperial 2020 72

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