Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — Shareholder Meeting (2023)
25 slides from Petronas Chemicals Group Bhd's shareholder meeting presentation, 2023
Slide 1: 25th Annual General Meeting
PETRONAS 25** Annual General Meeting ao) © <= = o a a =] ° o Oo 2 © 2 £ o = Oo n <x z ie) a = lu a Transcending. Next Level.
Slide 2: AGM 2023 Presentation Outline
AGM 2023 Presentation Outline 1. Business Environment 2. 2022 Performance 3. 2023 Outlook
Slide 3: To insert animated Globe once
To insert animated Globe once deck is final Open
Slide 4: Brent Crude Oil and Petrochemical Spread
Brent Crude Oil and Petrochemical Spread Brent Crude Oil (USD/bb)) 101 72 64 71 42 Ethylene Price (USD/MT) 1155 1,010 1,049 —————__ 827 13 yt | Ethylene & Polyethylene (PE) spread (USD/MT) 2018 2019 2020 2021 2022 Ethylene-Naphtha Spread €-Ethylene Spread Source: Platts, ICIS, IHS
Slide 5: PCG recorded strong financial performance despite challenges
PCG recorded strong financial performance despite challenges EBITDA PAT RM 6.3 billion FY2021: RM 7.3 billion RM 8.1 billion FY2021: RM 8.3 billion Total Dividend Dividend Payout st Interim Dividend 55 (9 Payout WL onison 21"sep 2022 RMO.25 Ratio (% PATANCI) awe 4 Interim Dividend RM 3.3 billion 2 p
Slide 6: PCG recorded commendable earnings surpassing RM8 bil EBITDA level
PCG recorded commendable earnings surpassing RM& bil EBITDA level EBITDA PAT RM 6.3 billion FY2021: RM 7.3 billion RM 8.1 billion FY2021: RM 8.3 billion EBITDA & PAT (RM billion) 8.3 84 7.0 44 Fy : 2018 2019 2020 2021 2022 sen @EBITDA mi PAT
Slide 7: st 4.5 3.5 2.5 1.5 0.5 Open
st 5 4.5 4 3.5 3 2.5 2 1.5 1 0.5 0 Open
Slide 8: Keeping track of our performance through sustainability metrics
Keeping track of our performance through sustainability metrics Production Volume 10.4 MiLTPA Sales Volume 8.3 Mil TPA Basic Chemicals & Derivatives + 2 projects under construction progressing as planned + Sanctioned 2 projects for development * Inked collaboration for bio-waste chemical fertiliser
Slide 9: Keeping track of our performance through sustainability metrics
Keeping track of our performance through sustainability metrics Production Volume m 10.4 siren Sales Volume 8.3 Mil TPA Basic Chemicals & Derivatives + 2 projects under construction progressing as planned + Sanctioned 2 projects for development + Inked collaboration for bio-waste chemical fertiliser
Slide 10: Safety performance better than industry benchmark
Safety performance better than industry benchmark Economic Safety Performance (Lost Time Injury Frequency) --------------------------------------------- 0.22 Industry Benchmark Fatality Major Fire 0.17 Strive for ZERO ZERO is Possible 2018 2019 2020 2021 2022
Slide 11: Sustained solid operational excellence with commendable sales volume
Sustained solid operational excellence with commendable sales volume Economic Production Volume 10.4 mil. tpa Sales Volume 8.3 mil. tpa Order Fulfillment Reliability 95% Production Volume (million tpa) Sales volume (million tpa) 8.4 8.4 8.3 8.3 OO 82S Order Fulfillment Reliability 97% 97% 93% 95% 87
Slide 12: Progressing with growth projects
Progressing with growth projects Economic rojects under construction Collaboration for bio-waste rogressing as planned chemical fertiliser Partnering for a Sustainable Future z [ate nN Specialty Ethoxylates & Nitrile Butadiene Latex (NBL) Inked Distribution & Manufacturing Service Kerteh Pengerang A
Slide 13: Growing specialty chemicals portfolio
Growing specialty chemicals portfolio Economic BRB [@ Perstorp [ Growth highlights [ Successful landmark acquisition BRB Lube Oil Additives & Chemicals Plant November 4", 2022 Acquisition of Perstorp Group Primary Market Segments i i AWA Resins & Engineered i im =— Coatings Fluids >1,500 employees 3
Slide 14: Keeping track of our performance through sustainability metrics
Keeping track of our performance through sustainability metrics GHG emissions reduction 108,000 «coz. *Cumulative reduction since 2019 Energy intensity 17.08 stone Freshwater withdrawal intensity 3.89 mstonne Five (5) memoranda of understanding to realise New Plastic Economy Mangrove Trees Planted 3
Slide 15: United States Environmental Protection Agency (EPA) website
United States Environmental Protection Agency (EPA) website Open
Slide 16: Contributing to environmental stewardship
Contributing to environmental stewardship Environment PCG continues to optimise operation to mitigate environmental impact Non-compliance to environmental policies, rules and regulation Freshwater Withdrawal Intensity O 6,6 3.89 () mé/tonne 2021: 3.69 m3/tonne Air Emissions Intensity 1.86 We tonne/k
Slide 17: Forging collaborations towards New Plastics Economy
Forging collaborations towards New Plastics Economy Environment O 0 PCG signed five (5) memoranda of understanding (MoUs) Achieved engineering design stage for plastic waste to naptha-like pyrolysis oil PLASTIC BAG Signed MoUs with waste concessionaires as feedstock suppliers Waste wana KDEB Waste M
Slide 18: Preserving and conserving biodiversity
Preserving and conserving biodiversity Environment O O () Stronger partnership with Malaysian Nature Society Collaborated with Sahabat Bakau for mangrove trees plantation Organised programmes for environmental conservation and restoration PCG intensifies effort in restoring and preserving biodiversi
Slide 19: Keeping track of our performance through sustainability metrics
Keeping track of our performance through sustainability metrics rer) Target reach Achieved over 300,00 0pcopte Environment * Conserving the biodiversity Education * Educating the recycling values Community Well-Being * Instilling knowledge on safe chemical handlings and first aid
Slide 20: Protecting and promoting human rights
Protecting and promoting human rights O © Adopted PETRONAS' Diversity & Inclusion (D&I) statement Committed to human rights in line with PETRONAS’ Contractors Code of Conduct on Human Rights (CoCHR) Woman in Senior Leadership Roles ° e 2 @ 25% Hf 2021: 18% Conducted Social Risk Assessment (SRA)
Slide 21: Benefited over 300,000 community members
Benefited over 300,000 . oe . community members Conserving biodiversity Educating safe chemical Be Green ecoCare handlings and first aid knowledge ecoCare Environmental Education Center 2021: ~ 295,000 people Safe Handling of Chemicals for School (SHOC4School) Plastic, Sustainability & You Education
Slide 22: 2023 Outlook
2025 Outlook
Slide 23: Integrated margin thinned out due to bearish product and feedstock prices
Integrated margin thinned out due to bearish product and feedstock prices Brent Crude Oil and Petrochemical Spread Brent Crude Oil (USD/bb)) 102 “ 102 e ° ~o— 83 —s =] Ethylene Price (USD/MT) 1,174 1,206 oa 901 901 ad a Ethylene & Polyethylene (PE) spread (USD/MT) 265 261 147 198 301 326 228 7 12022
Slide 24: Green Initiatives
Green Initiatives PCG remains steadfast in executing focus areas in 2023 Social Responsibility ( @ Sustain HSE Excellence (oe Execute NZCE 2050 Roadmap ») @ Continue Corporate Social @ Maximise value from @ Continue Environment Responsibility Operational Excellence & Stewardship & Resource @ Embraci
Slide 25: Thank you
Thank you
Petronas Chemicals Group — Shareholder Meeting (2023) on 6ix