Saudi Arabian Oil Co. · TADAWUL:2222

Saudi Arabian Oil — Q1 2025 Earnings Presentation

14 slides from Saudi Arabian Oil's earnings presentation, May 12, 2025

1. Slide 1: Q1 2025 Results

   ‫ﻧﺘﺎﺋﺞ اﻟﺮ�ﻊ اﻷول ﻣﻦ ﻋﺎم ‪2025‬‬ ‫‪14‬ذياﻟﻘﻌﺪة ‪1446‬ه )اﳌﻮاﻓﻖ ‪12‬ﻣﺎﻳﻮ ‪2025‬م(‬ ‫‪Aramco:‬واﻋدة‬ ‫‪Saudi‬‬ ‫‪ Company‬ﻓرﺻﺔ‬ ‫ﺗﻛون اﻟطﺎﻗﺔ‬ ‫‪ Use‬ﻋﻧدﻣﺎ‬ ‫‪General‬‬

2. Slide 2: Disclaimer

   ‫ﺗﻨﻮ�ﮫ‬ ‫ﻗﺪ ﻳﺤﺘﻮي هﺬا اﻟﻌﺮض اﻟﺘﻮﺿﻴ�� ﻋ�� �ﻌﺾ اﻟﺒﻴﺎﻧﺎت اﻻﺳتﺸﺮاﻓﻴﺔ ﺣﻮل اﳌﺮﻛﺰ اﳌﺎ�� ﻟﺸﺮﻛﺔ اﻟﺰ�ﺖ اﻟﻌﺮ�ﻴﺔ اﻟﺴﻌﻮدﻳﺔ )"أراﻣ�ﻮ اﻟﺴﻌﻮدﻳﺔ" أو "اﻟﺸﺮﻛﺔ" أو "ﻧﺤﻦ"(‪ ،‬وﻧﺘﺎﺋﺞ ﻋﻤﻠﻴﺎ��ﺎ وأﻋﻤﺎﻟهﺎ‪ ،‬و�ﻌﺾ ﺧﻄﻄهﺎ‪ ،‬وﻧﻮاﻳﺎهﺎ‪ ،‬وﺗﻮﻗﻌﺎ��ﺎ‪ ،‬واﻓ��اﺿﺎ��ﺎ‪،‬‬ ‫وأهﺪاﻓهﺎ‪ ،‬وﻣﺮﺋﻴﺎ��ﺎ ﺣﻮل أي ﻣﻤﺎ ﺳﺒﻖ‪ .‬و�ﺸﻤﻞ هﺬﻩ اﻟﺒﻴﺎﻧﺎت ﺟﻤﻴ

3. Slide 3: Amin Nasser, President & CEO

   ‫أﻣ�ن اﻟﻨﺎﺻﺮ‬ ‫اﻟﺮﺋيﺲوﻛﺒ��اﻹدار��ناﻟﺘﻨﻔﻴﺬﻳ�ن‬ ‫‪Saudi Aramco: Company General Use‬‬

4. Slide 4: Strong results and cash flows reinforce dividend visibility

   ‫ﻧﺘﺎﺋﺞ وﺗﺪﻓﻘﺎت ﻧﻘﺪﻳﺔ ﻗﻮ�ﺔ �ﻌﺰز وﺿﻮح اﻟﺘﻮﻗﻌﺎت �ﺸﺄن ﺗﻮزيﻌﺎت اﻷر�ﺎح‬ ‫ﺗﻔﻮق وﻣﺮوﻧﺔ �� اﻷداء‬ ‫ﻧﺘﺎﺋﺞ ﻗﻮ�ﺔ‪ :‬ﺻﺎ�� دﺧﻞ ﻗﺪرﻩ ‪ 26.0‬ﻣﻠﻴﺎر دوﻻر أﻣﺮ��ﻲ‪ ،‬وﺗﺪﻓﻘﺎت ﻧﻘﺪﻳﺔ ﺣﺮة ﺑﻠﻐﺖ ‪ 19.2‬ﻣﻠﻴﺎر دوﻻر أﻣﺮ��ﻲ‬ ‫<‬ ‫ﻣﺮﻛﺰﻣﺎ�� ﻗﻮي‪ :‬أﻗﻞ �ﺴﺒﺔ ﻣﺪﻳﻮﻧﻴﺔ ﺑ�ن اﻟﺸﺮ�ﺎت اﻟﻨﻈ��ة‪ 1‬ﺑنﺴﺒﺔ ﺗﺒﻠﻎ ‪%5.3‬‬ ‫<‬ ‫ﻓﺮص ﻓﺮ�ﺪة ﺗﺤﻤﻞ ﻣ�ﺎﺳﺐ

5. Slide 5: Demand strength despite macroeconomic volatility

   ‫ﻗﻮة اﻟﻄﻠﺐ ﻋ�� اﻟﺮﻏﻢ ﻣﻦ ﺗﻘﻠﺒﺎت اﻻﻗﺘﺼﺎد اﻟﻜ��‬ ‫ﻧﻘﺎط أﺳﺎﺳﻴﺔ‬ ‫ﻧﻤﻮ ﻗﻮي �� اﻟﻄﻠﺐ ﻋ�� اﻟﻨﻔﻂ �� اﻟﺮ�ﻊ اﻷول )ﻣﻠﻴﻮن ﺑﺮﻣﻴﻞ �� اﻟﻴﻮم(‬ ‫<‬ ‫‪106.6‬‬ ‫‪105.9‬‬ ‫ﻗﻮة اﻟﻄﻠﺐ ﺣﻴﺚ ﺗﺠﺎوز اﻟﻄﻠﺐ ﻋ�� اﻟﻨﻔﻂ �� اﻟﺮ�ﻊ اﻷول ‪ 1.7‬ﻣﻠﻴﻮن‬ ‫<‬ ‫‪104.3‬‬ ‫‪104.6‬‬ ‫‪104.4‬‬ ‫‪104.6‬‬ ‫‪103.5‬‬ ‫‪102.6‬‬ ‫‪102.8‬‬ ‫ﺑﺮﻣﻴﻞ �� اﻟ

6. Slide 6: Resilience proven across economic cycles

   ‫ﻣﺮوﻧﺔ ُﻣﺜبﺘﺔ ﻋ�� ﻣﺮاﺣﻞ اﻟﺪورة اﻻﻗﺘﺼﺎدﻳﺔ‬ ‫أﻗﻞ اﺳتﺜﻤﺎرات رأﺳﻤﺎﻟﻴﺔ ﻛنﺴﺒﺔ ﻣﺌﻮ�ﺔ ﻣﻦ اﻟﺘﺪﻓﻘﺎت اﻟﻨﻘﺪﻳﺔ اﻟتﺸﻐﻴﻠﻴﺔ‬ ‫<‬ ‫‪1‬‬ ‫أﻗﻞ ﺗ�ﺎﻟﻴﻒ إﻧﺘﺎج ﻻﺣﻘﺔ ﻷﻋﻤﺎل ا�حﻔﺮ‬ ‫<‬ ‫ﻣﺪﻓﻮﻋﺔ ﺑﺎﻻﻧﻀﺒﺎط اﻟﺮأﺳﻤﺎ�� وﻗﻮة اﻷداء اﻟتﺸﻐﻴ��‬ ‫ﻣﺪﻋﻮﻣﺔ ﺑﺎﻟﺮ�ﺎدة اﻟﺘﻜﻨﻮﻟﻮﺟﻴﺔ وحجﻢ اﻟﻌﻤﻠﻴﺎت واﳌﺰاﻳﺎ ا�جﻴﻮﻟﻮﺟﻴﺔ‬ ‫‪25‬‬ ‫اﻟنﺴﺒﺔ اﳌﺌﻮ�ﺔ ﻣﻦ اﻟﺘﺪﻓ

7. Slide 7: Ziad Al-Murshed, EVP & CFO

   ‫ز�ﺎد ﺑﻦ ﺛﺎﻣﺮاﳌﺮﺷﺪ‬ ‫اﻟﻨﺎﺋﺐاﻟﺘﻨﻔﻴﺬيﻟﻠﺮﺋيﺲ‪،‬وﻛﺒ��اﻹدار��ناﳌﺎﻟﻴ�ن‬ ‫‪Saudi Aramco: Company General Use‬‬

8. Slide 8: Delivering growth plans steadily

   ‫اﳌ�ىي ً‬ ‫ﻗﺪﻣﺎ �� إﻧﺠﺎز ﺧﻄﻂ اﻟﻨﻤﻮ ﺑﺨﻄﻰ ﺛﺎﺑﺘﺔ‬ ‫ﻗﻮة اﻷداء ﻋ�� ﺻﻌﻴﺪ اﻟﺘﻨﻔﻴﺬ واﻟتﺴﻠﻴﻢ‪ :‬ﻣﺸﺎريﻊ اﻟﺴﻮاﺋﻞ واﻟﻐﺎز �ﺴ�� ﺣﺴﺐ ا�خﻄﻂ‬ ‫<‬ ‫اﺳﺘﻤﺮار ارﺗﻔﺎع �ﺴﺒﺔ �ﻌﻮ�ﺾ اﻻﺣﺘﻴﺎﻃﻴﺎت ﺑﻔﻀﻞ اﻻﻛتﺸﺎﻓﺎت ا�جﺪﻳﺪة ﻟﻠﻨﻔﻂ واﻟﻐﺎز‪ :‬أﻛ�� ﻣﻦ ‪ �� 1%100‬ﻋﺎم ‪ 2024‬ﻣﻘﺎرﻧﺔ ﺑﻤﺘﻮﺳﻂ �ﺴﺒﺔ‬ ‫<‬ ‫اﻟﺘﻨﻘﻴﺐ واﻹﻧﺘﺎج‬ ‫�ﻌﻮ�ﺾ اﻻﺣﺘﻴﺎﻃﻴﺎت اﻟﺪا

9. Slide 9: Q1 2025 operational and financial performance

   ‫اﻷداء اﻟتﺸﻐﻴ�� واﳌﺎ�� �� اﻟﺮ�ﻊ اﻷول ﻣﻦ ﻋﺎم ‪2025‬‬ ‫‪1‬‬ ‫أﺑﺮز اﻟﻨﺘﺎﺋﺞ ر�ﻊ اﻟﺴﻨﻮ�ﺔ‬ ‫اﻟﺮ�ﻊ اﻷول ‪ 2024‬اﻟﺮ�ﻊ اﻟﺮا�ﻊ ‪ 2024‬اﻟﺮ�ﻊ اﻷول ‪2025‬‬ ‫اﻟﺮ�ﻊ اﻷول ‪ 2025‬ﻣﻘﺎرﻧﺔ ﻣﻊ اﻟﺮ�ﻊ اﻟﺮا�ﻊ ‪2024‬‬ ‫<‬ ‫أﺑﺮز اﻟﻨﺘﺎﺋﺞ اﻟتﺸﻐﻴﻠﻴﺔ‬ ‫‪ ‬ﺻﺎ�� دﺧﻞ ﻗﻮي‪ ،‬ﺑﺰ�ﺎدة ﻗﺪرهﺎ ‪%16‬‬ ‫‪76.3‬‬ ‫‪73.1‬‬ ‫‪83.0‬‬ ‫ﻣﺘﻮﺳﻂ أﺳﻌ

10. Slide 10: Continuing to deliver value and growth across cycles

    ‫ﻣﻮاﺻﻠﺔ ﺗﺤﻘﻴﻖ اﻟﻘﻴﻤﺔ واﻟﻨﻤﻮ ﻋ�� ﻣﺮاﺣﻞ اﻟﺪورة اﻻﻗﺘﺼﺎدﻳﺔ‬ ‫ﻣﺴﺎرﻧﻤﻮ اﺳﺘثﻨﺎئﻲ ﻳﺤﻘﻖ أﻗ�ىى اﻟﻌﻮاﺋﺪ‬ ‫ﻣﺰاﻳﺎ ﺗﻨﺎﻓﺴﻴﺔ راﺋﺪة ﻋ�� ﻣﺴﺘﻮى اﻟﻘﻄﺎع‬ ‫ز�ﺎدة �� اﻟﺘﺪﻓﻘﺎت اﻟﻨﻘﺪﻳﺔ اﻟتﺸﻐﻴﻠﻴﺔ‬ ‫ﻣﺴﺘﻮ�ﺎت ﻣﺮﺗﻔﻌﺔ ﻣﻦ اﳌﺮوﻧﺔ واﳌﻮﺛﻮﻗﻴﺔ‬ ‫إﻣ�ﺎﻧﻴﺔ اﻗﺘﻨﺎص ﻓﺮص ﻧﻤﻮ ﺟﺎذﺑﺔ‬ ‫اﻟﻘﺪرة ﻋ�� اﻗﺘﻨﺎص ﻓﺮص اﻟﻨﻤﻮ‬ ‫< ﻃﺎﻗﺔ ﻣﺘﺎﺣﺔ ﻣﻦ اﻟﻨﻔﻂ ا�خﺎم ﺗﻘ

11. Slide 11: Questions and Answers

    ‫اﻷﺳﺌﻠﺔ واﻷﺟﻮ�ﺔ‬ ‫ﻋﻨﺪﻣﺎ ﺗ�ﻮن اﻟﻄﺎﻗﺔ ﻓﺮﺻﺔ واﻋﺪة‬ ‫‪Saudi Aramco: Company General Use‬‬

12. Slide 12: Attractive and clear Aramco dividends

    ‫ﺗﻮزيﻌﺎت أر�ﺎح أراﻣ�ﻮ اﻟﺴﻌﻮدﻳﺔ ﺟﺎذﺑﺔ ووا�حﺔ‬ ‫ﺗﻮزيﻌﺎت أر�ﺎح أﺳﺎﺳﻴﺔ ﻣﺴﺘﺪاﻣﺔ وﻣ��اﻳﺪة‬ ‫اﻟﺴﻨﺔ اﳌﺎﻟﻴﺔ ‪22025‬‬ ‫اﻟﺴﻨﺔ اﳌﺎﻟﻴﺔ ‪2024‬‬ ‫اﻟﺴﻨﺔ اﳌﺎﻟﻴﺔ ‪2023‬‬ ‫اﻟﺴﻨﺔ اﳌﺎﻟﻴﺔ ‪2022‬‬ ‫اﻟﺴﻨﺔ اﳌﺎﻟﻴﺔ ‪2021‬‬ ‫اﻟﺴﻨﺔ اﳌﺎﻟﻴﺔ ‪2020‬‬ ‫اﻟﺴﻨﺔ اﳌﺎﻟﻴﺔ ‪2019‬‬ ‫ﻣﻠﻴﺎردوﻻر أﻣﺮ��ﻲ‬ ‫‪84.6‬‬ ‫‪81.2‬‬ ‫‪78.0‬‬ ‫‪75.0‬‬ ‫‪75.

13. Slide 13: Glossary and upcoming reporting dates

    ‫ﻣﺴﺮد اﳌﺼﻄ�حﺎت وﺗﻮار�ﺦ ﺻﺪور اﻟﺘﻘﺎر�ﺮ اﻟﻘﺎدﻣﺔ‬ ‫ﺗﻮار�ﺦ ﺻﺪور اﻟﺘﻘﺎر�ﺮ‪1‬‬ ‫ﻣﺴﺮد اﳌﺼﻄ�حﺎت‬ ‫ّ‬ ‫ً‬ ‫ً‬ ‫اﳌﺘﺤﺼﻞ‪ ،‬واﻻﺳتﺜﻤﺎرات اﻹﺿﺎﻓﻴﺔ ��‬ ‫ﻣﺨﺼﻮﻣﺎ ﻣ��ﺎ اﻟﻨﻘﺪ‬ ‫اﻹﻧﻔﺎق اﻟﺮأﺳﻤﺎ�� واﻻﺳتﺜﻤﺎرات ا�خﺎرﺟﻴﺔ ﺷﺎﻣﻠﺔ اﻻﺳﺘﺤﻮاذ ﻋ�� اﻟﺸﺮ�ﺎت اﳌﻨتﺴﺒﺔ‪،‬‬ ‫اﻻﺳتﺜﻤﺎرات‬ ‫اﻟﺜﻼﺛﺎء‪،‬‬ ‫اﳌﺸﺎريﻊ اﳌﺸ��ﻛﺔ واﻟﺸﺮ�ﺎت اﻟﺰﻣﻴﻠﺔ‪ ،‬و�ﻌﺾ

14. Slide 14: Saudi Aramco: Company General Use

    Saudi Aramco: Company General Use

Saudi Arabian Oil Company (Aramco) — Q1 2025 Earnings Presentation on 6ix