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CHAPTER 2 Who we are Our activities

REFINING

Business data 2018 2017 2016

Distilled crude (barrels/day) 440,703 423,906 434,734 Natural gas sales (GWh) 30,003 27,972 28,409 Electricity output to the market (GWh) 2,242 2,809 2,140 Electricity sales (GWh) 1,063 900 967 Steam sales (Thousands of tonnes) 4,895 4,871 4,660 Crude Trading operations (Millions of barrels) 21.6 18.4 21.3 Sales for export and Trading operations (Thousands of tons) 6,640 5,819 5,604 Net revenue of business to external customers (Millions of euros) 5,517 4,051 3,691 Adjusted EBITDA (Millions of euros) 576 874 669 Capital expenditure in the year (Millions of euros) 392 303 216

Palos Site Plant Participation MW capacity

Cogeneration La Rábida 1 70% 50

Cogeneration La Rábida 2 100% 51

Cogeneration Gemasa 70% 27

San Roque Site Plant Participation MW capacity

Cogeneration Gegsa I y II 70% 74

Cogeneration Getesa 70% 41

Cogeneration Lubrisur 100% 39

Combined cycle Puente Mayorga Generación 100% 390

ELECTRICITY GENERATION IN SPAIN 1

1 Does not include ASESA cogeneration plants (50% Cepsa) or the COTESA cogeneration plant in Tenerife, as this is unavailable.

ASESA (50%)

1.5 million tonnes/year

GIBRALTAR SAN ROQUE

12 millon tonnes/year

LA RÁBIDA

10 millon tonnes/year

REFINERIES Refi ning capacity

GAS & ELECTRICITY

MEDGAZ GAS PIPELINE

81% utilization rate

ELECTRICITY

7 COGENERATION PLANTS and one combined cycle plant in Andalusia

8,000 Mm3/year capacity

SUPPLIES TO CEPSA S REFINING SYSTEM

158.5 millon barrels of crude

VESSEL CHARTERING MANAGEMENT

1,344 vessels

TRADING

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