RUBIS - 2019 Universal Registration Document

2 ACTIVITY REPORT - 2019 activity report

GRAND OPENING OF OUR SURINAME TERMINAL Our Suriname Terminal includes a jetty, 3 storage tanks, a truck loading station and an office.

> a culture where delivering above and beyond what is expected is the norm and where everyone is valued and encouraged to contribute to our success; > a culture in which each one of us brings a humble attitude based on the belief that we can always do better and that there is always room for improvement; > a culture that builds collaborative relationships across the board, with our customers, with our business partners, and with the government officials and government agencies with whom we interact. • Lastly, we hope to shortly open RUBiS-branded gas stations to offer the Surinamese people the experience of fueling their vehicles at Rubis. Rubis cares deeply towards the communities in which we operate and engages with them to foster their development. For example, we financed the renovation of the Putcherweg Road. Not only does this renovation allow our trucks easier access to our terminal, it also benefits the community living in this area and using this road. To celebrate the commencement of our operations in Suriname, we held a Grand Opening Ceremony on November 24, 2019 and we were honored with the presence of several Government Authorities, senior executives from a broad selection of important companies in Suriname and business executives from Rubis. The Keynote Speaker at the ceremony was Mr. Stephen Tsang, the Suriname Minister of Commerce, Industry, and Tourism, who gave a warm welcome to Rubis and expressed that Suriname was happy to see direct foreign investment made by a large and reputable company such as Rubis.

The construction started in October 2017 and was substantially completed in February of 2019. Thereafter, some additional time was required to agree with the

Fire Brigade to implement additional measures to reduce even further the likelihood of a fire and to ensure protection of the terminal and the neighboring communities. Once these measures were in place, we received our operating permit and were authorized to begin fuel imports and shortly after, in September 2019, we commenced sales. Suriname is a country with major potential for Rubis, with demand for automotive and heating fuels on the rise. What will Rubis bring to Suriname in addition to a new fuel terminal? • We hope to bring a new and better option for many users of fuels including industrial and commercial enterprises and individual consumers of automotive fuels. • Our strengths include: > a unique company culture in which each one of our employees is fully committed to Rubis and cares deeply about our customers, our partners, and each and every one of their colleagues;

Mauricio Nicholls Chief Executive Officer Rubis Caribbean

48 i Rubis 2019 Universal Registration Document