RUBIS - 2019 Universal Registration Document

1 PRESENTATION OF THE GROUP - Activities

RUBIS ÉNERGIE: SUPPORT AND SERVICES T he teams specializing in supply and shipping are split into 3 units:

IN THE FIRST HALF OF 2019, RUBIS TOOK DELIVERY OF THE BAHAMA BLUE, THE FIRST VESSEL BUILT ACCORDING TO SPECIFICATIONS DEVELOPED BY THE GROUP. THIS VESSEL, DEDICATED TO AUTOMOTIVE FUELS, WILL SAIL IN THE EASTERN CARIBBEAN AND FRENCH GUIANA. THE CONSTRUCTION OF A SECOND VESSEL FOR THE SAME GEOGRAPHY HAS STARTED.

products to 3 French departments, French Guiana, Guadeloupe and Martinique. In exchange, its prices and profitability are regulated by government decree. The refinery has a production capacity of 800,000 tonnes per year , and produces a full range of products complying with European environmental standards: automotive fuels, diesel, LPG and kerosene, tailored to local requirements. SARA has 320 employees and the same number of subcontractors. Its facilities are spread as follows: ● the refinery at Fort-de-France in Martinique; ● one depot in Guadeloupe (Jarry); ● 2 depots at Dégrad des Cannes and Kourou in French Guiana. SARA took part in the government- promoted Ecology program, working notably on issues related to new energies, such as hydrogen fuel cells, in particular in the refinery. It is also working closely with local communities on projects to stop the proliferation of sargassum.

● Paris-La Défense for operations in Europe and Africa, for LPG only; ● Barbados for supply operations in the Gulf of Mexico, the Caribbean and Latin America, as well as the management of 10 time-charter vessels, including 2 propane tankers, and one owned vessel; ● Dubai for operations in the Middle East, Africa and Indian Ocean region, for both bitumen and petroleum products. An assessment of future shipping needs is underway to determine the number of new vessels required in the coming years. In the Indian Ocean, the acquisition of KenolKobil will lead the Dubai office to investigate product import options in East Africa and strengthen synergies with existing subsidiaries. The 71%-owned SARA (Antilles refinery) is located in Martinique and is the sole supplier of petroleum

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Rubis 2019 Universal Registration Document

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