Petronas Chemicals Group Bhd. · MYX:PCHEM

Petronas Chemicals Group Bhd — Q4 2017 Earnings Presentation

22 slides from Petronas Chemicals Group Bhd's earnings presentation, Feb 20, 2018

1. Slide 1: Analyst Briefing for Quarter Ended 31 December 2017

   Analyst Briefing for Quarter Ended 31 December 2017 20th February, 2018 4.30pm

2. Slide 2: Disclaimer

   Disclaimer Warranties and Exclusion of Liability PETRONAS Chemicals Group Berhad ("PCG’), its subsidiaries and related corporations confirm that care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and app

3. Slide 3: Excellence. Dynamic Growth

   EXCELLENCE. 9 © DYNAMIC GROWTH atone ~ Ci ©

4. Slide 4: Petrochemicals Market Spread

   Petrochemicals Market Spread USD/bbl USD/mt 400 70  350 65 300 60 250 55 200 50 150 45  100 40 50 35 0 30  Page 3

5. Slide 5: Record earnings, sustaining commendable operations

   Record earnings, sustaining commendable operations © PETRONAS e Plant e Sales volume e Increased e Record EBITDA utilisation 11% higher capacity by 1.9 at RM6.6 strong at 91% compared to mil mtpa billion * Reliable 2016 eSAMUR e EBITDA margin feedstock ¢ More volume commercial steady at 38% supply w

6. Slide 6: Financial Highlights

   EXCELLENCE. 9 © DYNAMIC GROWTH atone Financial Highlights | -

7. Slide 7: 4Q 2017 Group Financial Results

   4Q 2017 Group Financial Results Year to date PETRONAS Individual quarter ended YE 2017 Q4 FY 17 11% Production t Volume Q3 FY 17 YE 2016 Kmt Q4 FY 16 Q4 FY 17 YE 2017 Revenue asevi7 RM Mil YE 2016 Q4 FY 16 YE 2017 Os Pray 37% Profit After 1 Tax Q3FY17 YE 2016 RM Mil Q4 FY 16 38% YE 2017 Q4 FY 17 25%

8. Slide 8: Segmental Results: Olefins & Derivatives

   Segmental Results: Olefins & Derivatives 7 | | | | | | 2,969 H 2,831 2633 | | | | | | | | | | | | Revenue H | Revenue EBITDA | | : Revenue EBITDA YE 2016 mYE 2017 9) * Others comprise of operations related to investment holding company and port services which provide product distribution infrastruct

9. Slide 9: Segmental Results: Fertilisers & Methanol

   Segmental Results: Fertilisers & Methanol O&D Revenue Revenue EBITDA WQ4FY16 mQ3FY17 mQ4FY17 Others Revenue EBITDA * Others comprise of operations related to investment holding company and port services which provide product distribution infrastructure to the Group. mYE 2016 mYE 2017 Y EBITDA margin

10. Slide 10: Balance Sheet as at December 2017

    Balance Sheet as at 31 December 2017 PETRONAS Total Assets Total Equity &Liabilities 31,948 33,262 31,948 33,262 Others Cash & cash equivalents Trade & other receivables Trade & Other inventories Investment in joint Equity ventures and associates Property, plant and equipment (PPE) — Other liabiliti

11. Slide 11: Cash flow as at December 2017

    Cash flow as at 31 December 2017 PETRONAS Statement of Cash Flows (RM million) 5,311 (3,370) oe 4s Vv 7403 (604) a 125) S78 Cash & cash Cash flow generated — Cash flow used in Cash flow (used Net Net Cash & cash equivalents at the from operating investing activities in)/generated from __increase/(de

12. Slide 12: Manufacturing Highlights

    EXCELLENCE. 9 © DYNAMIC GROWTH atone Manufacturing Highlights | 0

13. Slide 13: Operational highlights

    Operational highlights Of PETRONAS Sustaining Group Plant Utilisation above 90% ® Deliver our planned activities timely, in a safe and efficient manner ® Safeguard supply reliability to our facilities ® Operationalise growth projects timely Quarter Group Performance 99% 96% 93% e 90% ° 86% Q4 2016;

14. Slide 14: Page 11

    8.0 0 120 % 7.0 0 100 % 6.0 0 80% 5.0 0 4.0 0 60% 3.0 0 40% 2.0 0 20% 1.0 0 0.0 0 0% 256 259 269 225 Page 11

15. Slide 15: Avg 2016, 317 Avg 2016, 526

    8.0 100 % 90% 7.0 80% 6.0 70% 5.0 60% 4.0 50% 40% 3.0 30% 2.0 Avg 2016, 317 20% 1.0 10% 0.0 0% Avg 2016, 526 Page 12

16. Slide 16: Citral, menthol, citronellol, highly reactive polyisobutene

    citral | menthol | citronellol highly reactive polyisobutene Page 13

17. Slide 17: Commercial Outlook

    EXCELLENCE. 9 © DYNAMIC GROWTH atone > , oS Commercial Outlook | O

18. Slide 18: Ethylene, Polymers, MEG, Aromatics outlook

    Ethylene Polymers MEG Aromatics Q4 2017 Q4 2017 Q4 2017 Q4 2017 (vs Q3 2017) (vs Q3 2017) (vs Q3 2017) (vs Q2 2017)            Q1 2018 Q1 2018 Q1 2018 Q1 2018 (Forecast) (Forecast) (Forecast) (Forecast)             Page 14

19. Slide 19: Urea, Ammonia, Methanol outlook

    Urea Ammonia Methanol Q4 2017 Q4 2017 Q4 2017 (vs Q3 2017) (vs Q3 2017) (vs Q3 2017)       Q1 2018 Q1 2018 Q1 2018 (Forecast) (Forecast) (Forecast)        Page 15

20. Slide 20: Moving Forward

    EXCELLENCE. 9 © DYNAMIC GROWTH atone ° c Moving Forward | @ cS

21. Slide 21: Focused on pursuing excellence and growth

    Focused on pursuing excellence and growth Operational and Commercial Excellence PIC and Gebeng Specialty Projects Overall performance is expected to be similar to 2017 | Maintain world-class operational performance and strengthen HSE culture Sustain group plant utilisation of 90% PIC readiness, oper

22. Slide 22: Website and investor relations email

    Website: www.petronaschemicals.com Email : petronaschemicals_ir@petronas.com

PETRONAS Chemicals Group Berhad — Q4 2017 Earnings Presentation on 6ix