Ampol (ALD) Investor Presentation summary

Company overview and market position

• Operates in Australian, New Zealand, and Asia-Pacific transport fuels and convenience markets, with strong supply chain and iconic brands.

• Holds 25% market share in Australian transport fuels and 40% in New Zealand road transport fuels.

• Manages 2,200 retail sites, 23 terminals, and 1.8 billion litres of storage capacity, serving over 4 million customers weekly.

• Integrated value chain from international sourcing to retail, with a unique refinery asset in Brisbane.

• Maintains a strong investment grade credit rating (Baa1 Moody's) and diversified funding sources.

Financial and operational performance

• Group RCOP EBITDA for 1H 2025 was $649 million, with RCOP EBIT at $404 million; statutory NPAT loss of $25 million.

• YTD total sales volume reached 18.5 billion litres; 3Q 2025 RCOP EBIT improved over both 1H 2025 and 3Q 2024.

• Lytton Refiner Margin rose from US$13.78/bbl in October to US$17.90/bbl in November 2025, with refinery production increasing to 532ML.

• Interim dividend of 40 cps, fully franked; leverage at 2.8x with net borrowings of $2.8 billion.

• Productivity program targets $50 million cost reduction for FY 2025.

Strategic initiatives and growth priorities

• Focus on growing convenience retail, progressing EG Australia acquisition, and accelerating U-GO rollout.

• U-GO rollout delivers 50% uplift in fuel volumes at converted sites, with $300K average site EBITDA improvement and rapid payback.

• EG Australia acquisition expected to deliver $65-80 million in cost synergies and high single-digit EPS accretion.

• Strategy centers on enhancing core business, expanding platform, and evolving energy offer, including EV charging and renewable fuels.

• Exited electricity retailing to focus on EV charging and renewable fuels for energy transition.