Posco International Corporation · KRX:047050
Posco International — Merger or Acquisition (August 2022)
11 slides from Posco International's merger presentation, August 2022
Slide 1: Merger of POSCO International & POSCO Energy
Merger of POSCO International & POSCO Energy Investor Presentation August 2022
Slide 2: Disclaimer
Disclaimer This presentation is written to provide information to investors in relation to the merger of POSCO International and POSCO Energy. This presentation contains certain forward-looking statements relating to the business, financial performance and results of the company and/or the industry
Slide 3: Outline of the Merger
Merger of POSCO International & POSCO Energy Outline of the Merger • POSCO International will offer new shares in exchange for existing shares of POSCO Energy, to merge with POSCO Energy under a statutory merger. Method - Remaining company : POSCO International - Extinguished company : POSCO Energy
Slide 4: Purpose of the Merger
Merger of POSCO International & POSCO Energy Purpose of the Merger Gradual growth after incorporated into the POSCO Group but, Time for accelerated growth in core businesses in the mist of business paradigm. Doubled revenue, tripled operating profit since 2010 Environmental change & POSCO’s conversi
Slide 5: Purpose of the Merger
Merger of POSCO International & POSCO Energy Purpose of the Merger Great transformation coping with changing global energy market, qualitative and quantitative growth by the merge of energy biz is necessary. Quantitative growth Completion of LNG Value chain (E&P/Terminal/Power Generation) Qualitativ
Slide 6: Consolidation of LNG business
Merger of POSCO International & POSCO Energy Expected Outcomes Consolidation of LNG business Strengthen synergy across businesses and reinforce global competitiveness through completion of LNG Value Chain 【 LNG Business Value Chain 】 Upstream Midstream Downstream • Secure raw material competitivenes
Slide 7: Expected Outcomes: Accelerate Investment with sufficient resource
Merger of POSCO International & POSCO Energy Expected Outcomes Accelerate Investment with sufficient resource Great leap to become a global company with increased Asset (KRW 20 trillion) and Profit (KRW 1 trillion). The size of Merger Acceleration of investment in energy business KRW Billion Expansi
Slide 8: Growth Strategy: E&P and LNG business
Merger of POSCO International & POSCO Energy Growth Strategy E&P and LNG business Sustainable revenue models: Secure competitive LNG through E&P, Exporting and Receiving Terminals E&P Gradual expansion (Gas reserves) & low carbon production system • Completion of the stage 2/3 development(~'24) and
Slide 9: Growth Strategy: Power Generation & Eco-Friendly Business
Merger of POSCO International & POSCO Energy Growth Strategy Power Generation & Eco-Friendly Business Sustainable company by diversifying power plant business portfolio and Convert eco-friendly infrastructure business. Power Generation Diversify IPP business portfolio & Convert eco-friendly Business
Slide 10: Estimated indicators
Merger of POSCO International & POSCO Energy Estimated indicators Tripled EBITDA & Market capitalization by 2030 through Eco-friendly businesses based on LNG FY ’21 FY ’30 Natural Gas 0.9 TCF → 2.5 TCF [EBITDA] [Market cap] (gas reserves) Merger Enterprise Posco International LNG (liquefied natural
Slide 11: Growth Vision: Global Top 10 Integrated Energy business
Merger of POSCO International & POSCO Energy Growth Vision Global Top 10 A Integrated Energy business E&P LNG Power Eco-friendly (Up) (Mid) Generation Energy (Down)
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