Delivering Value From Our Assets

BIOREFINING KEY PROJECTS 2023-26 COUNTRY PROJECT Production capacity increase W.I. START UP 2024 CAPACITY STATUS ADDITIONAL NOTES from 360 to 560 kt/y ITALY (VENICE) 560 Enhanced flexibility to 100% Firm kton/y allow other biomass processing (incl. low bio Phl in 2023 Ph2 in 2027 ILUC) Product mix enrichment ITALY to grow HVO diesel & biojet 100% 2024-2025 (VENICE & GELA) ~740 kton/y (Gela) Firm production Building 3 new plants for ITALY hydrogenated biofuel 100% 2025 (LIVORNO) 500 Kton/y production New biorefinery USA (CHALMETTE) conversion (expanding 50% IH 2023 550 kton/y (equity) Onstream presence in North America) MALAYSIA (PENGERANG) Biogenic feedstock pre- treatment unit, 500 kton/y Firm ecofining TM plant and hydrogen plant New biorefinery under FID by 2023, study (flexible configuration to max SAF & HVO prod.) Under eval. completion by 2025 650 kton/y (gross) Under study SOUTH KOREA New biorefinery under study (flexible FID by 2024, Under (DAESAN) 18 configuration to max SAF & HVO prod.) completion eval. 400 kton/y (gross) Under study by 2026 Access to premium HVO market and ample bio- feedstock availability Strategic location close to Singapore on major international aviation and shipping routes, with easy access to Asian market expected to grow (especially in SAF) Synergies with the existing LG Chem industrial complex for bio-based polymers production

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