Posco International : 4Q 2022 Earnings Release

2022 Earnings Release

Jan 27 2023

Disclaimer

This presentation was prepared and circulated to release information regarding the company's business performance to shareholders and investors prior to the completion of auditing for the period of fiscal year 2022. As figures in this presentation are based on unaudited financial statements, certain contents may be subject to modification in the course of auditing process.

This presentation contains forecasts related to the business, financial performance and results of the company and/or the industry in which it operates. The forward-looking statements set forth herein concern future circumstances and results and other statements that are not historical facts, and are solely opinions and forecasts which are uncertain and subject to risks. Therefore, the recipients of this presentation shall be aware of that the forward-looking statements set forth herein may not correspond to the actual business performance of the company due to changes and risks in business environments and conditions.

The sole purpose of this presentation is to assist persons in deciding whether they wish to proceed with certain investments to the company. The company does not make any representation or warranty, expressly or impliedly, as to the accuracy and completeness of this presentation or of the information contained herein and shall not have any liability for the information contained in this presentation.

Contents

1. '22.4Q Highlights

Key Message 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 5p

'22.4Q Business Performance 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 6p

2. Performance Analysis by Business Division

Energy Division 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 8p

Trading & Investment Division 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 9p

3. Growth Roadmap

Energy 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 11p Agri-Bio 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 12p EV Motor Core 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 13p

4. 2023 Business Outlook

2023 Business Outlook 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮 〮15p

5. Appendix

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1. '22.4Q Highlights

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※ merger effects excluded

Key Message

Achieved record-highperformance in FY22 with annual sales of KRW 38 trillion, operating profit of KRW 903 billion KRW 4 trillion in sales(+11.1%), KRW 300 billion increase in operating profit (+54.2%)

Became main growth engine of POSCO Group after the merger with POSCO Energy Based on the merger, sales figures for FY22 is KRW 41.7 trillion, operating profit KRW 1.2 trillion

• Based on simple sum up of POSCO Energy's business performance

[Energy] Strengthen LNG Biz. value chain by acquiring SENEX Energy and constructing Gwangyang(GY) Terminal 2

Import LNG fed by Senex Energy since FY25(400K tons per year) → Utilizing LNG import terminal

[Agri-Bio] Create biz. synergy with existing palm plantation and expand biz. value chain by participating palm oil refining biz. in Indonesia

[Steel] Strengthen role as the steel trading house within POSCO Group by achieving 10 million tons of POSCO product sales (FY21 9,410K tons → FY22 10,250K tons)

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