FACTSHEET

Commercial customers: c.3.8bn litres 1

Retail customers: c.5.2bn litres 1

Fuel supply(domestic refineries & tenders, Vivo Energy

own imports)

Access to six lubricants blending plants

On average 156,000 km driven daily to deliver our products in 2017

943,000 cubic metres of fuel storage capacity in 97 locations, across 14 countries 2

More than 1,800 Shell-branded service stations

Source: BMI, UN World Population Prospects 2017, UN World Urbanization Prospects 2014, McKinsey Global Institute: “Lions on the move II: realizing the potential of Africa’s economies”, Deloitte: “The Deloitte Consumer Review Africa: A 21st century view”. 1. Fuel and lubricants sales volumes in 2017 2. Includes equity share of storage capacity in joint ventures, excludes bitumen and LPG. JV storage included on a pro rata basis, based on ownership percentage

Retail operations in 15 countries

Over 1,800 service stations

Around 2,350 employees

700,000 customers served daily

*2017 adjusted EBITDA split

Retail Commercial Lubricants

• One of Africa’s largest retailers

• Over 1,800 exclusive, Shell-branded service stations, with more than 500 added between 2012 – 2017

• Over 450 multi-branded convenience retail and quick service restaurant outlets added or redeveloped between 2014 – 2017

• Quality network in strategic locations, with volumes per site of 1.9 times market average

• Strong, established positions in many of our markets

• Around 5,000 customers across construction, transport, power, mining, aviation and marine

• LPG sold in eight countries

• Mix of long term contracts, tender business and spot sales

• Leading global Shell-branded products (Helix and Rimula)

• Integrated manufacturing, distribution and marketing operations

• Multi-channel distribution through service stations, distributors and direct to commercial customers

• Lubricants are also exported to more than 10 other African countries

60.4%* 11.2%* 28.4%*

INTEGRATED MODEL

BUSINESS SECTORS

• Market leading pan-African fuel retailer, operating under the Shell brand, in high growth markets

• Sources, distributes, markets and supplies high quality products and services to retail and commercial customers across Africa

• Strong growth track record – number one or two market position in 14 out of 15 retail markets

• Will add a further 8 new markets to portfolio under the Engen brand in March 2019 ■ Vivo Energy countries with retail sites ■ EVO country under discussions

■ EVO countries in new scope ■ EVO country where Vivo Energy has retail sites

MAURITIUS

TUNISIA

UGANDA

NAMIBIA BOTSWANA ZIMBABWEREUNION

MADAGASCAR

SENEGAL

GUINEA

IVORY COAST

GHANA

MALI

MOROCCO

CAPE VERDE

BURKINA FASO

GABON

ZAMBIA

MALAWI

MOZAMBIQUETANZANIA

RWANDA

KENYA

DRC

January 2019

EXECUTIVE DIRECTORS

Christian Chammas, CEO• Appointed CEO of Vivo Energy in January

2012• Held executive positions in a 31-year career

at Total including CEO for Total Group of Companies in Nigeria, Cameroon and Kenya

Johan Depraetere, CFO• Appointed CFO of Vivo Energy in April 2012• Previously worked for the Samsung Group in

Korea for nine years• Has also held roles at Morgan Stanley and

McKinsey

BUSINESS OVERVIEW

OUR STRATEGY ENGEN TRANSACTION

FAVOURABLE AFRICAN MACRO TRENDS DRIVING OUR GROWTH

Source: BMI, UN World Population Prospects 2017, UN World Urbanization Prospects 2014, McKinsey Global Institute: “Lions on the move II: realizing the potential of Africa’s economies”, Deloitte: “The Deloitte Consumer Review Africa: A 21st century view”. 1. As compared to 2015 population. 2. As of December 2015. 3. As of December 2015, includes motorbikes.

FAST POPULATION GROWTH

YOUNG POPULATION

RAPID URBANISATION

GROWING MIDDLE CLASS

STRONG GDP GROWTH IN VIVO ENERGY COUNTRIES

INCREASING CONSUMER SPENDING

RAPID VEHICLE GROWTH

STRONG INFRASTRUCTURE DEVELOPMENT

• 1.2 billion more people by 2050 1

• 65% of global population growth

• Median age of 19 vs. 30 and 38 in Asia and USA, respectively 2

• Urban population to grow from 40% to 56% from 2015 – 2050

• 376 million to 582 million people from 2013 – 2030

• 5% CAGR 2016 – 2021 GDP growth

• 4% household consumption CAGR 2015 – 2025

• 7% CAGR 2016 – 2021

• 33 vehicles per 1,000 people vs. 560 in Europe 3

• $150 billion of annual infrastructure spending required by 2025

Founded in December 2011, with a vision to become Africa’s most respected energy business

Experienced management team, with a proven track

record of delivery

Integrated, entrepreneurial and performance driven

business model

Organic and inorganic growth across fuel, convenience retail and Quick Service

Restaurants (QSR)

World class Health & Safety performance

Most preferred fuel brand across our markets

Unconditional agreement with Engen to add eight new markets and over 225 retail sites to Vivo Energy’s network, taking its total presence to over 2,000 service stations, across 23 African markets. This will raises our potential target market to around 425 million consumers – 35% of Africa’s population.

1 Remain a responsible and respected business

2 Preserve our lean and agile organisation and performance-driven culture

3 Maximise value of our existing business

4 Pursue value accretive growth

5 Maintain attractive and sustainable returns through disciplined financial management

SHAREHOLDER STRUCTURE

38%

31%

30%Free float

1% Management

January 2019