OCI Global Energy Transition Leadership
Capital Allocation
Maintain as priority, target of <2x net leverage through the cycle
→ Supporting our Investment Grade credit rating
Balanced deployment of capital from strong through-the-cycle FCF¹
Invest in growth
Capital returns to shareholders
Invest in hydrogen / energy transition and
other growth opportunities
Base distribution
(paid semi-annually)
To grow future FCF potential
% of surplus FCF as special distribution or
in the form of share buybacks
Application of policy:
Growth capex $350-450 million invested in
clean projects 2023
Application of policy:
Shareholder return, €0.85 per share (c.$200
million) interim dividend paid October 2023
(1) Free Cash Flow (FCF) defined as cash from operations less capex less lease payments less dividends to minorities.
Global
QCIGI
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