MOL GroupDX Vision
DX Action 1.0
March 2023

1 MOL Group’s DX Vision and DX Action 1.0
MOL Group formulated the “DX Vision” as a representation of what the Group aspires to achieve with the powerof digital technology. Based on the Vision, an action plan named “DX Action 1.0” was created.
This time we prepared a DX Roadmap and a 3-year Action Plan.

MOL Group Corporate Mission / Vision / ValueManagement Plan

DX Vision
DX Action 1.0

Representation of the company’s future ideal stateachieved with digital technology
General title for action plans under the MOL GroupDX Vision

DX Roadmap3-year Action PlanRoadmap of the company's digital transformation

3-year action plan based on the roadmap

22 Thoughts behind the DX Vision
As the result of discussion with the board members, mid-level and young employees, we identified four key
perspecitives of future challenges: “People," “Safety," “Society," and “New frontier“.
We incorporate these perspecitives into the DX Vision that represents the Group’s aspiration for the future.
Perspective # 1 People: MOL Group puts people first to makethe company better• Enhance MOL Group’s expertise with the power of technology to respondto changes in society.

Perspective # 1
PeoplePerspective # 2 Safety: Contribute to trusts by improving thesafety level• Aspire the higher safety level as the safety is an universal and our primaryvalue.
• Establish a Group-wide safety culture.

Perspective # 4
New frontier
Perspective # 2
SafetyPerspective # 3
Society

Perspective # 3 Society: Eliminate all gaps

• Contribute to the creation of new values by eliminating the gaps and theborders between companies, organizations, and people.

Perspective # 4 New frontier: Forge a new frontier without
being bound by current assumptions• Pursue the best quality service for existing customers and businesses.
• Pioneer the value chain in new industries and growth areas.

33 MOL Group Digitization up until now
MOL has promoted digitization in the areas of “Vessel and maritime field management” and “Businessmanagement”. We are planning to proceed with digitalization, as well as with data coordination in these two areas.

MOL Group Corporate Mission / Vision / ValueDigitization in vessel and maritime
field management
IoT-centred information aggregation and utilization• IoT for ship equipment to use real-time data for navigational andenvironmental analysis• Utilization of data platforms for ship management• Data sharing through accident data management platforms• Predictiction of vessel rotating equipment faults achieved by usingvibration sensors• Utilization of Dynamic Positioning simulator• Space management automation
etc.

Digitization in business management
SaaS-centred information aggregation, sharing andutilization• Veson IMOS Platform as SaaS for sales and operations
management• SAP S/4HANA® Cloud as SaaS for finance and accounting• Tableau to visualize and analyze corporate-wide business data• Automation of tasks using RPA
etc.

Data linkage and interlocking (Data infrastructure)44 DX Roadmap
With the MOL Group DX Vision and the results of previous digitalization efforts, MOL Group aims to achievethorough digitalization and industry-leading operational excellence by 2025.

Digitization
Initiatives
up until now

Digitalizationandindustry-leading
operational
excellence

Transformationto a leading
company
using the digital
power to addresssocial issues

Present～2025

2026～

Digitized/Digitalized

Transformed

Promote digitalizationand optimize business processes

Transform corporate value
and social significance of the company

55 MOL Group Transformation concept
The Transformation to achieve is based on the three following concepts.
“Digitalize” to improve company productivity and optimize processes
Value Creation,

Create new values and the future of society

A leadingcompany
that creates thefuture of society

Value Creation and Safety

SafetyDecision

Decision

MakingMakingRoutine Tasks
PresentRoutine
Tasks
FutureShippingandconnectedfields
Present – Near Future

Further Future1

Shift from allocating employees’ working time for routine tasks, to allocating it to profits improvement, deepening
relationships with customers, work for safety and creating new value

2Build up an integrated data infrastructure to allow real-time business condition analysis

3Provide training program for all employees to nurture Change Leaders for the future business transformation

66 Areas of change under the 3-year Action Plan
DX Action 1.0 will focus on changes in two areas: “Business Transformtaion” and “Culture Transformation”.
The 3-year Action Plan will promote initiatives in eight areas listed below.

BusinessTransformation
with Digital
Change business, safety and service

DX Action
1.0CultureTransformation
with Digital
Change people, organization and culture① DataIntegrate data to let stakeholders discuss effectively based on thesame data set.

② Business process

Create time for new opportunities and value creation throughstandardization, optimization and automatization of businessprocesses.

③ Business Managemnt

Assure quick decision making by using daily updated information.

④ Onboard routine tasks

Digitize manual routine tasks onboard and create time for safe
operation.

⑤ Shore – Vessel
Communication

Speed up sea-shore communications and use video, MR(mixed reality)
technology to improve operation and safety level.

⑥ Global Human CapitalManagement

Integrate corporate skills/talent information to start effectively
manage the global human capital.

⑦ Crew’s QOL

Speed up offshore communiations and provide living environmentthat allows instant connection with the shore to increase seafarers’
engagement level.

⑧ Nurturing new valuesin employees

Provide training program to share the skills and knowledge that leadto value creation and nurture Change-Leaders.

77 Human Capital (Change Leaders) Development
DX Action 1.0 includes training programs for all employees, with the aim that all employees become
Change Leaders. We have defined the term “Change Leader” and three levels of its proficiency.
There will be also a program for nurturing DX Specialists.

Change Leader

Level 1

A person promoting changes in business models, business processes,
corporate culture, etc.
A person who understands business and process issues, is able toenvision the ideal state and lead the change

Level 2

Level 3

DX
Specialist
Able to apply advanced
digital skills andmethodologies

EntryFoundation

Experienced

Acquired a basic
knowledge

Able to promotechanges with the supportof higher-ups

Able to lead changes
in his/her own division

88 Training program for Change Leaders nurturing
Training for Change Leaders nurturing includes a total of 11 categories of Core and Functional
Capabilities, with 33 classes at three different levels. Learning paths have also been set up for eachcategory and level.
Functional Capability

Core Capability
For Change Leaders

Strategyplanning

Leadership&Relationship

Digitalsolutionsknowledge

Issue solving

Business
process
management

For DX Specialists

Projectmanagement

Systemdevelopment

Dataengineering

Statistics&
Data analysis

Advanced
technology
knowledge

UI/UX
DesignLevel 3
Experienced

Level 2
Foundation

Level 1
Entry9MOL Group DX Vision
Intelligence and technologies unlock the potential of the sea.
Inspiring the diverse talents, we co-create new values.

Expertise and borderless creativity lead us towards the future.
The blue ocean is new frontier.

Towards the blue ocean,
we will move ahead together with digital technology.

Towards the Blue Ocean,
We Transform10