CHANGE LANGUAGE: WHO WE ARE OUR APPROACH TRADING OUR ASSETS INFO CAREERS HOME > > Leadership Gunvor maintains a flat structure and short chain of command to facilitate efficient decision-making while ensuring the highest level of corporate governance and best practices. This ensures the company remains agile, and can act decisively and efficiently in its day-to-day operations and to secure opportunities in the interest of partners and clients. Gunvor’s management team works in close coordination, engaging directly with the Board of Directors and the Executive Committee. Gunvor Executive Committee The Executive Committee focuses on the long-term strategy of the company. It works continuously to refine Gunvor’s business activity, risk management, corporate governance, and operating model, with the aim of ensuring the company’s long-term sustainability. Torbjörn Törnqvist Chairman, Gunvor Group David Garza Managing Director, Gunvor USA Stephane Degenne Head of Crude Oil Jean-Baptiste Leclercq General Counsel Gia Mai Chief Operating Officer Patrick Martin Managing Director, Gunvor Singapore Pascal Michel Head of Gasoil and Jet Kalpesh Patel Global Co-Head LNG Muriel Schwab Chief Financial Officer Dmitri Sinenko Head of Gasoline Trading, Gunvor USA Benjamin Wasem Chief Tradeflow Officer © 2021 GUNVOR Trakk & verify

CHANGE LANGUAGE: WHO WE ARE OUR APPROACH TRADING OUR ASSETS INFO CAREERS Crude Oil HOME > TRADING > CRUDE OIL Gunvor is one of the largest crude oil traders in the world, sourcing from more than 35 countries. Trading Gunvor is one of the largest crude oil traders in the world. We offtake crude oil from producers of all sizes and manage its trading, storing, financing and supply to counterparties and clients. Our physical availability continues to expand and diversify, and Gunvor consistently trades more than a million barrels a day, and has access to more than 10 million barrels of strategically located storage capacity. We further have crude oil trading specialists in offices around the globe. They have first-hand knowledge and expertise in the markets, maintain long-term relationships with key market participants—producers, refiners, logistics companies and storage experts—and are actively involved in developing projects related to existing and new crude oil flows. Gunvor: Effectively manages market risk Maintains long-term relationships in key global markets Possesses expertise in identifying physical dislocations in the market Has extensive logistics capabilities Produces in-house market intelligence and analysis Has ownership of key physical assets that complement trading Possesses the ability to structure or pre-finance deals Gunvor’s acquisition of three refineries has created greater opportunities for us to further diversify our crude oil portfolio. Our Antwerp refinery, for example, is able to use a very flexible range of feeds, and provides Gunvor with the option to source and process crudes otherwise previously commercially impracticable. © 2021 GUNVOR Trakk & verify