Q3-24 ACT Investor Presentation
Fuel Supply Chain -
Enabling Outperformance
Winning Fuel
Fuel Supply Chain
.
Value through scale and targeted control
One of the largest independent fuel supply chains in the
world, enabled by the Circle K fuel brands
Platforms for sourcing and supplying our fuel products
successfully established
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US: strategic partnership with Musket in Houston;
targeted asset acquisitions, majority-controlled fleet
for reliability and optimizations
Europe: team located in Geneva, key location for both
traditional and biofuels markets
Common principles
•
Focused on product sourcing, conservative risk position,
no speculation
Control of supply chain important, with asset operation
and ownership only where advantaged
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•
.
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FY24+ Initiatives
Continue to expand flexibility in sourcing relationships and
types
Further expansion of value creation from controlled supply
chain, e.g., parcel size optimization, logistics, blending,
storage, etc.
Dynamic re-optimization to market conditions
Consider additional asset-backed opportunities where
advantaged
CIRCLE
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Q3-24 ACT Investor Presentation
CIRCLE Ⓡ
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