Royal Vopak N : Roadshow Presentation HY1 2021

Storing

vital products with care

Half Year 2021- Roadshow presentation

Royal Vopak

Forward-looking statement

This presentation contains 'forward-looking statements', based on currently available plans and forecasts. By

their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, and Vopak cannot guarantee the accuracy and completeness of forward-looking statements.

These risks and uncertainties include, but are not limited to, factors affecting the realization of ambitions and financial expectations, developments regarding the potential capital raising, exceptional income and expense items, operational developments and trading conditions, economic, political and foreign exchange developments and changes to IFRS reporting rules.

Vopak's outlook does not represent a forecast or any expectation of future results or financial performance.

Statements of a forward-looking nature issued by the company must always be assessed in the context of the events, risks and uncertainties of the markets and environments in which Vopak operates. These factors could lead to actual results being materially different from those expected, and Vopak does not undertake to publicly update or revise any of these forward-looking statements.

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Vopak at a glance

At year-end 2020

▪	World's leading independent tank storage
	company
▪	Diversified customer base including all major
	chemical producers and global oil & gas

Number of	Number of
terminals	countries
70	23

Storage capacity

In million cbm

35.6

34.4	35.6
2019	2020

companies

▪ >80% take-or-pay cash flows with multi-year

commercial contracts

▪ Safe, reliable and efficient operator

▪ Very well positioned to further grow and shift

towards a more sustainable and digital world

Market	Number of
capitalization	employees
In EUR billions	In FTE
5.4	5,637

FY2020 EBITDA	FY2020 EPS
In EUR millions	In EUR
-excluding exceptional items-	-excluding exceptional items-
792	2.42

Total injury rate

In 200,000 hours worked own

personnel and contractors

0.37

0,34 0,37

2019

2020

FY2020 ROCE

-excluding exceptional items-

11.6%

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Investment Highlights

World's leading independent tank storage company

Highly diversified portfolio of terminals across regions and product lines

Solid drivers for demand

New expansion projects

Well positioned for the shift towards a more sustainable & digital world

Blue-chip customer base

Long-term contracts providing strong revenue visibility

Experienced management team

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4

Products and Customers

Playing a vital link in the supply chain for gas, chemicals and oil

Gas		Chemical		Oil products
LNG, LPG,
	Methanol, xylenes,		Crude oil, gasoline,
ethylene, butadiene,
	styrene, MEG, vegoils		naphtha, diesel, fuel oil
ammonia

Blue-chip customer base including governments, traders, and leading international, regional and national chemical, oil and gas companies

Feedstock	Feedstock	Production	Products	Independent	Mid-stream
storage &	& end-user
production	gathering	& Refining	transmission
transshipment	distribution

Gas, Chemical and Oil supply chain

Handling and storing vital products…

..for a diverse set of customers

Playing a fundamental role in their supply chains

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