Sustainably Growing Shareholder Value

PRODUCT SOLUTIONS EARNINGS TO TRIPLE BY 20271 Earnings driven by advantaged investments, cost reductions, and enhanced base performance VOLUME² Mta 300 EARNINGS POTENTIAL³ Billion USD 18 9 150 Strategic Projects Strategic projects account for ~50% of earnings growth Growing chemical performance products 7% per year - Evolving refinery product mix Remainder of earnings growth from operating costs and base improvements ― Aggressively reducing structural costs Maximizing integration and capacity of existing assets 0 2019 0 2022 2027 2019 2022 2027 See Supplemental Information for footnotes and definitions. 43

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