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Investor Presentaiton

Diesel-Crude Oil (Singapore spot price and spread) [Price :USD/bbl] 180 Product market price [Spread USD/bbl] 70 Spread 160 Dubai Diesel Oil 140 120 100 80 60 60 40 40 20 0 Apr-19 Apr-20 Apr-21 Apr-22 idemitsu 60 60 50 50 40 40 30 30 20 20 10 0 Apr-23 Copyright Idemitsu Kosan Co., Ltd. All Rights Reserved. 53 53
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