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Stanbic Bank South Sudan Oil & Gas Sector Lorna Mwangi | Head, Corporate Banking 30 June 2021

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Stanbic Bank South Sudan Oil & Gas Sector Lorna Mwangi | Head, Corporate Banking 30 June 2021 Stanbic Bank South Sudan Oil & Gas Sector Lorna Mwangi | Head, Corporate Banking 30 June 2021 MUMKIN AN YAKUN MUMKIN AN YAKUN INTRODUCING STANBIC BANK Stanbic Bank is part of Standard Bank Group South Africa MUMKIN AN YAKUN STANDARD BANK IS AFRICA’S LEADING BANK 1,126 Branches in Africa Nigeria supported by South Ethiopia over 6,812 Sudan Côte Ghana ATMs d’Ivoire Uganda Operating as: DRC Kenya Tanzania Standard Bank Stanbic Bank Angola Zambia Malawi Stanbic IBTC Bank Namibia Zimbabwe Botswana Mauritius Representative office eSwatini South Africa Lesotho 159 YEARS 50,000 MUMKIN AN YAKUN OUR AFRICAN PRESENCE Standard Bank Corporate Retail Investor Investment Country ATMs branches* banking banking services banking South Africa 538 4,444 ✔ ✔ ✔ ✔ Angola 18 68 ✔ ✔ - ✔ Botswana 13 77 ✔ ✔ ✔ ✔ Côte d'Ivoire 1 - ✔ - ✔ ✔ DRC 3 2 ✔ - - ✔ eSwatini 11 96 ✔ ✔ ✔ ✔ Ghana 40 132 ✔ ✔ ✔ ✔ Nigeria South Ethiopia Kenya 25 109 ✔ ✔ ✔ ✔ Sudan Lesotho 18 110 ✔ ✔ - ✔ Côte Ghana Uganda Malawi 27 129 ✔ ✔ ✔ ✔ d’Ivoire Private DRC Kenya Mauritius 1 - ✔ clients ✔ ✔ Tanzania Mozambique 50 237 ✔ ✔ ✔ ✔ Namibia 63 259 ✔ ✔ ✔ ✔ Nigeria 175 804 Standard Bank Angola ✔ ✔ ✔ ✔ Malawi Zambia South Sudan 3 4 ✔ ✔ - - Stanbic Bank Tanzania 13 38 ✔ ✔ ✔ ✔ Namibia Zimbabwe Mozambique Uganda 80 173 Stanbic IBTC Bank ✔ ✔ ✔ ✔ Botswana Mauritius Zambia 29 101 ✔ ✔ ✔ ✔ Representative office eSwatini Zimbabwe 17 28 ✔ ✔ ✔ ✔ South Africa Rep. offices 1 - - - - ✔ Lesotho Total 1,127 6,812 * Includes points of representation, service centres and access banking centres MUMKIN AN YAKUN OUR CAPABILITIES A Universal Bank Offering MUMKIN AN YAKUN OUR UNIVERSAL BANK OFFERING RELATIONSHIP MANAGER Our full range of client solutions Transactional Products Investment Global & Services Banking Markets • Payments • Advisory • Foreign exchange • Collections • Debt primary markets • Commodities • Digital solutions • Equity capital markets • Credit • Reconciliation solutions • Securitization • Money Markets • Liquidity management • Project finance • Equities • Trade services • Structured solutions • Investor services • Commodity finance MUMKIN AN YAKUN TRADE CAPABILITIES AND COMPETENCIES ACROSS AFRICA Trades services capabilities Trade finance capabilities . Outward and inward telegraphic transfers . Receivable discounting . Bank drafts . Supplier financing . Documentary letters of credit . Invoice financing . Documentary collections . Escrow accounts . Bank guarantees and standby letters of credit . Back-to-back letters of credit and guarantees . Transferable letters of credit . Avalisation . Foreign currency account management MUMKIN AN YAKUN OUR CLIENT SERVICE MODEL One point of contact with the bank – The client coordinator provides access to products and services across the bank – Pan-African relationships managed through central relationship manager, supported by in-country relationship managers Client service supported by product specialists – Transactional solution managers and service advisors – Global markets sales managers and dealers – Trade finance sales managers – Executive and senior bankers Differentiated client service desks They call it Africa – High first-time resolution and escalation procedures We call it home MUMKINMUMKIN AN AN YAKUN YAKUN STANBIC BANK SOUTH SUDAN – RANGE OF CAPABILITIES Available Not available On demand POR’s 3 ATMs 4 Foreign current Foreign deposit Telegraphic Bulk payments Real Time Gross Card Mobile Cash account account transfers (channel) Settlement (RTGS) acquiring banking handling Field payments Mobile payments Visa enabled Debit Electronic Online Pension solution E-statements and alerts solution solution cards clearing house banking platform Services Business Online Payment Promissory Invoice Letter of credit (LC) Standby LC Salary advances Guarantees undertaking note discounting Transactional Products and Products Transactional Forex Interest rates Cross currency Commercial Government Corporate Wholesale Call notice Spot Forwards Swaps Options interest rate paper bonds bonds deposits deposits Global Global swap Markets Corporate finance (equity & debt capital Mining, energy and infrastructure (MEI) Structured finance Strategic investments markets and mergers & acquisitions) diversified and leveraged lending (DLL) (team based in South Africa) Banking Investment Corporate banking Exchange control: The country is undergoing exchange rate reforms to unify the official exchange rates with a market- clearing rate determined in weekly forex auctions open to banks and foreign exchange bureaus. Financial Institutions Retail banking are also required to report significant foreign exchange transactions to the Bank of South Sudan. MUMKIN AN YAKUN AN OIL & GAS BANK Stanbic’s Deep Commitment to the Oil & Gas Sector MUMKIN AN YAKUN LEADING OIL & GAS BANK 1 2 3 4 Unique understanding of sources of Unparalleled Network in Africa #1 for Africa Mergers & Acquisitions(1) The leading bank for Oil & Gas in Africa capital for Africa Energy & Power Value # Advisor Count (US$m) 1 Standard Bank 11,841 34 2 JPMorgan 6,738 5 3 Citi 5,394 8 4 Java Capital 5,254 7 5 Lazard 5,223 8 6 BAML 5,173 4 7 RMB 4,970 21 8 Goldman Sachs 4,636 7 9 UBS 3,678 4 10 Deloitte 3,624 9 . Largest bank in Africa by assets, . Strong track record in Oil & Gas, . Standard Bank is committed to Oil & . Capabilities in financing Energy and capital and headcount where we have advised Gas as one of our key sectors Power sector. Deep relationships with local and – Prudent Energy (live) . Deep understanding of local and . Largest balance sheet to Oil and government stakeholders – Africa Oil global sector dynamics Gas, Energy and Power as the biggest lender to the likes of Eland, . Strategic advisory and in-country – Rubis . Thorough understanding of value Petrobras Oil and Gas B.V, Tullow support drivers for Oil & Gas in Africa – BP and SEPLAT. together with sovereign & policy . Multiple Sub-Saharan Africa Oil & Total – perspectives . Strategic engagement with the key Gas Macroeconomic Studies – Vivo sponsors . Privileged access to all the key . Strong record of selling African – Puma sponsors to the sector in Africa companies to investors – OTI Note: (1) MergerMarket 2016-2018 Rankings for Sub-Saharan Africa MUMKIN AN YAKUN STANDARD BANK RELATIONSHIP WITH THE O&G UNIVERSE Global and Pan-African West Africa East Africa Southern Africa MUMKIN AN YAKUN FINANCING THE AFRICAN OIL & GAS SECTOR STANDARD BANK IS A MARKET LEADER FOR UPSTREAM RECENT UPSTREAM ARRANGING CREDENTIALS FINANCING IN SSA . Oil & Gas represents a core sector for Standard Bank and debt financing is a core product of the bank . Strong country risk appetite in Africa Mozambique LNG Nigeria LNG Limited Seplat 2020 2020 2019 US$ 485mn US$3 billion USD350 million . Our “bench strength” enables us handle complex transactions Acquisition Finance Facility Mandated Lead Arranger and Senior Secured Term Loan with a team of experienced professionals: Bookrunner Mandated Lead Arranger and Onshore Account Bank MLA/Lender Lender – Market leader for upstream financings in Nigeria with great success including Nigerian National Petroleum Corporation (NNPC)/Shell/Total, NNPC/Chevron, SEPLAT Petroleum Development Company, Oando Energy Resources and Premium Oil and Gas (POG) financings. Eland Oil and Gas PetroBras O&G BV Halliburton Nigeria – Closed deals in Cameroon (COTSA), Gabon (Maurel / Prom), Nigeria Ghana (Tullow / Kosmos), Angola (Odebrecht), Kenya (Rubis) 2019 2019 2019 US$ 125 million US$2bn US$3.5bn and elsewhere. Reserve Based Lending Revolving Credit Facility Reserve Based Lending Upsize Underwrite Mandated Lead Arranger, Joint Mandated Lead Arranger, Lender Bookrunner, Technical Bank, Facility Technical Bank . Can provide reserve based lending, pre-export financing, & Security Agent, and Onshore Bank development, project and mezzanine finance as well as other Accounts structured and unstructured lending products. MUMKIN AN YAKUN UNLOCKING THE VALUE CHAIN BULK PETROLEUM IMPORT / PAGE 14 MUMKIN AN YAKUN DEAL CREDENTIALS Our Success in Debt and Advisory in the Oil & Gas Sector MUMKIN AN YAKUN OIL & GAS ADVISORY CREDENTIALS OTS 56 Africa Oil Corp. Kosmos Energy Prudent Energy Rubis Enegie Seplat Petroleum Tullow Oil Viv o Energy OTS 56 Kenya 2019 2020 2019 USD177million 2018 2018 2018 2018 2019 USD 1.5bn USD 650 million Acquisition of 74.02% USD350 million USD800 million GBP 603m / USD 819m USD 1 billion USD 353million Acquisition of 50% of POGBV 7.125% Senior Notes due 2026 Shareholding in Forte Oil 9.250% Senior Notes due 2023 7.000% Senior Notes due 2025 Initial Public Offering in Nigeria M&A Advisory Sole Corporate Finance Advisor Joint Bookrunning Mandated Financial Advisor, Mandated Sole Transactional Joint Global Coordinator Joint Bookrunning Manager Joint Bookrunner Sole Financial Advisor Lead Arranger and Lender Advisor to OTS 56 OTI Total Puma Energy Fueltrade Ltd Kosmos Energy Oando Plc Anadarko Petroleum Puma Energy Ghana Nigeria Corporation 2017 2017 2017 2015 Not disclosed Not disclosed USD 600 million 2015 USD 225 million 2015 2014 2014 Acquisition of a 40% interest in JV Formation with Sonangol 5.125% Senior Notes due 2024 Confidential Transaction 7.875% Notes due 2021 N48.8bn /USD 243mn USD 625 million USD 750 million Hass Petroleum4 Downstream Operations in Angola (add-on) Rights issue 4.5% Eurobond due 2044 6.750% Eurobond due 2021 Joint Lead Manager Financial Advisor Financial Advisor to OTI Financial Advisor and Bookrunner Joint Bookrunner Joint Issuing House Co-Manager Joint Bookrunner Sasol Impact
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