Ampol Limited · ASX:ALD
Ampol — Non-Deal Roadshow (March 2023)
20 slides from Ampol's roadshow presentation, Mar 13, 2023
Slide 1: International Road Show
AMPOL LIMITED ACN 004 201 307 29-33 BOURKE ROAD ALEXANDRIA NSW 2015 For personal use only ASX/NZX Release International Road Show 13 March 2023 (Sydney): Ampol Limited provides the attached presentation for the International Road Show Authorised for release by: the Disclosure Officers of Ampol Limit
Slide 2: Investor proposition
2 Investor proposition For personal use only Uniquely advantaged refinery in the Asia Pacific region with Government support package Strong cash at low refiner margins generating business Integrated supply chain and business model has proven resilient in current volatile market conditions Strong nea
Slide 3: Ampol Group overview
3 Ampol Group overview Australia’s and New Zealand’s leading fuel and convenience retail business1 For personal use only ~28% market share in Australia1 #1 in fuel and ~44% market share in New Zealand1 convenience retail Largest transport fuel short in Asia region Favourable Some of the tightest fue
Slide 4: Our unique competitive strengths
4 Our unique competitive strengths Ampol possesses qualities that are unmatched in the Australian and New Zealand transport fuels industries For personal use only Strategic assets Supply chain expertise Deep customer base Iconic brands Decarbonisation Portfolio of privileged Australia’s and New Sign
Slide 5: Delivered record earnings in 2022
5 Delivered record earnings Ampol Sales Volumes (BL) 22.04 24.33 2.76 in 2022 21.08 20.09 For personal use only 4.79 7.52 6.51 8.99 4.76 Australian fuel demand recovery underway with fuel 4.10 3.90 3.84 sales at highest level since the pandemic began 11.53 10.21 9.47 9.15 Realised Lytton refiner
Slide 6: Energy transition strategy is evolving as we learn more
6 Energy transition strategy is evolving as we learn more Our strategy is to transition with our customers. We continue to adjust our approach through a series of test and learns For personal use only Development phase Low carbon solution Test and Learn Scale up/Pause Commenced rollout of AMPCharge
Slide 7: Disciplined capital allocation
7 Disciplined capital allocation Ampol maintains a strong investment grade credit rating with a well-defined Capital Allocation Framework and strong focus on For personal use only shareholder returns Capital management2 since 2015 (A$m) Capital Allocation Framework Stay-in-business capex 1 Focused
Slide 8: Well positioned to take advantage of market dynamics
8 Well positioned to take advantage of market dynamics The Ampol Group is well positioned to take advantage of current and emerging market dynamics For personal use only Enhanced supply chain Leverage benefits of Supply/demand dynamics capabilities provide rebrand to continue growth driving favourab
Slide 9: Summary
9 Summary For personal use only Capitalising on a unique opportunity to transform the business We have a clear strategy to: Strong near term Enhance Expand Evolve Own and operate a uniquely earnings growth the core business from rejuvenated energy offer for advantaged refinery in the catalysts fuels
Slide 10: Appendix
Appendix 10 Ampol and Z Energy are market leaders 11 Our integrated platform creates opportunities 12 For personal use only Trading and Shipping 13 Lytton Refinery 14 Leading infrastructure assets across Australia and New Zealand 15 Australia’s leading transport fuel and convenience retailer 16 New
Slide 11: Ampol and Z Energy are market leaders
11 Ampol and Z Energy are market leaders For personal use only Australia Distributors & Resellers Independent Retailers 1. International sourcing ✓ ✓ ✓ 2. Refining ✓ ✓ 3. Distribution ✓ ✓ ✓ ✓ ✓ 4. Wholesale ✓ ✓ ✓ ✓ ✓ 5. Retail ✓ Fuel only ✓ ✓ ✓ ✓ Share of fuel sales1 ~28% ~25% New Zealand Distributo
Slide 12: Our integrated platform creates opportunities
12 Our integrated platform creates opportunities The integrated value chain of the traditional fuels business provides a pathway to pursue mobility energy For personal use only ~24BL Supply chain in 2022 B2B Manufacturing Convenience Retail Trading & Shipping Trading and Shipping 7BL Z Energy Infras
Slide 13: Trading and Shipping
13 Trading and Shipping For personal use only Trading & Shipping supplies a growing physical ‘short’, generating a growing incremental earnings stream from a very large international opportunity set and provides a stronger platform to manage the energy transition Australian fuel leader with 1 signif
Slide 14: Lytton Refinery
Lytton Refinery 14 Capacity of approximately 109,000 barrels per day, For personal use only processing light sweet crudes Quality production slate with high proportion of petrol (including premium petrol), diesel and jet Import parity pricing provides freight protection with some of the highes
Slide 15: Leading infrastructure assets across Australia and New Zealand
15 For personal use only Leading infrastructure assets across Australia and New Zealand 1 Refinery 6 Pipelines 24 Terminals 1,800 Million Litres Storage Capacity
Slide 16: Australia's leading transport fuel and convenience retailer
16 For personal use only Australia’s leading transport fuel and convenience retailer ~3 million Weekly retail customers served ~80,000 B2B customers supplied ~645 Company controlled sites ~1825 Branded network sites
Slide 17: New Zealand's leading transport fuel and convenience retailer
17 For personal use only New Zealand’s leading transport fuel and convenience retailer ~1 million Weekly retail customers served ~35,000 SME customers supplied 526 Retail network sites supplied
Slide 18: Glossary
18 Glossary For personal use only A$, $ - Australian Dollar ARENA – Australian Renewable Energy Agency bbl – Barrel (equivalent of approximately 159 litres) BL – Billion litres B2B – Business to business CR – Convenience Retail D&A – Depreciation and amortisation EBIT – Earnings Before Interest and
Slide 19: Important Notice
19 Important Notice For personal use only This presentation for Ampol Limited Group is designed to provide: • an overview of the financial and operational highlights for the Ampol Limited Group for the twelve-month period ended 31 December 2022; and • a high level overview of aspects of the operatio
Slide 20: Thank you
For personal use only Thank you