2Q2022 ANALYST PRESENTATION

15.08.2022

Disclaimer

The information contained in this presentation is provided by Esso (Thailand) Public Company Limited (the "Company") and is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. None of the Company, or any of their respective members, directors, officers, employees or affiliates nor any other person accepts any liability whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith.

This presentation contains statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the consolidated results of operations and financial condition, and future events and plans of the Company. These statements can be recognized by the use of words such as "expects," "plans," "will," "estimates," "projects," or words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward-looking statements as a result of various factors and assumptions. Forward-looking statements are based on management's knowledge and reasonable expectations on the date hereof, and the Company assumes no duty to update these statements as of any future date.

This presentation does not constitute or form part of any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for any securities, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. No reliance may be placed for any purposes whatsoever on the information set forth in this presentation or on its completeness.

2

DAY of

CARING

ESSO SRIRACHA REFINERY

Industry and Business Environment

  • Average Dubai prices in 2Q22 was $108.1/Bbl
  • 2Q22 Industry gross refining margin was $21.4/Bbl
  • 2022 Thailand GDP growth 3.3% vs 2021
  • 1H22 Thailand fuel demand increased 12.4% year on year

Source : GDP forecast : Bank of Thailand, Reuters: Oil prices and Industry GRM, DOEB: Industry demand growth

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2Q 2022 HIGHLIGHTS

Net profit

Operating GRM

8,299Million Baht

$19.4/Bbl

Accounting GRM of $26.9 /Bbl

Cash flow from operations

Retail sales

10,887Million Baht

59

KBD

Record high in Jun'22 since 2012

Crude intake

132KBD

Maximized Gasoline and Diesel production to capture margin and sales opportunities

Retail Footprint

758stations

On plan to 800 stations by end 2022

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Esso Thailand pcl published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2022 07:35:01 UTC.