Security Code Tokyo 5020 August 13, 2021 Supplementary Information ー ENEOS Group ー Contents Overview of the ENEOS Group 2 Financial Results Financial Results Data 4 Business Environment and Data Metals Segment Energy Segment Functional Materials/Thin Film Materials/Tantalum Petroleum Products and Petrochemicals Business 11 and Niobium Business Global Market Share of Our Overseas Business Projects 24 Principal Products and Applications 47 Electric Power Business Copper Business 48 – Electricity and City Gas 25 Caserones Copper Mine (Chile) 49 – Power Generation Business 26 Worldwide Copper Cathodes Supply & Demand 50 Material Business Earnings Structure of Copper Smelting and Refining – High Performance Materials 27 Business 51 – Lubricants 29 Resource Recycling Initiatives 52 Oil and Natural Gas E&P Segment Metals Group Affiliates 53 Business Areas 32 Sales Volume and Reserves of Principal Oil and Natural Gas E&P Projects 33 Principal Individual E&P Project Overview 34 【Reference】 The ENEOS Group’s Reserve Standards 45 Our Long-Term Vision and Medium-Term Management Plan are in the link below https://www.hd.eneos.co.jp/english/company/system/plan.html Copyright © ENEOS Holdings, Inc. All Rights Reserved. 1 Overview of the ENEOS Group Aiming to develop into one of the most prominent and internationally-competitive energy and materials company groups in Asia JX Nippon Oil & Gas Exploration Crude oil and natural gas production (project company basis) thousand 125 barrels/day Crude oil equivalent (FY2020 actual) Market share of domestic sales of petroleum products JX Nippon Mining & Metals approx.50％ Equity entitled copper mine production No. 1 in Japan thousand 194 tons/year contained in copper concentrate (FY2020 actual) Petrochemicals Supply Capacity *1 Domestic refined copper production capacity Paraxylene million No. 1 in Asia tons/year 3.62 thousand 450 tons/year Propylene million tons/year No. 1 in Asia 1.64 Functional Materials and Thin Film Materials Power Generation Capacity Products with world No.1 market shares Renewable Energy 1.59 GW 126 MW Listed subsidiaries (as of Jun. 30, 2021) *1 External sales basis NIPPO Copyright © ENEOS Holdings, Inc. All Rights Reserved. 2 Financial Results Copyright © ENEOS Holdings, Inc. All Rights Reserved. 3 Financial Results Data / IFRS Financial Summary IFRS FY2020 FY2021 1Q Full Year Full 1Q Full Year Forecast Actual Actual Actual (JPY billion) (Announced in May) Net Sales 1,546.2 7,658.0 2,224.1 9,500.0 Energy 1,195.8 5,998.5 1,769.5 7,900.0 Oil and Natural Gas E&P 22.7 112.4 41.5 150.0 Metals 221.7 1,092.1 310.7 1,060.0 Other 106.0 455.0 102.4 3900.0.0 Operating Income (Loss) 21.0 254.2 162.0 260.0 Energy (18.4) 121.1 95.0 105.0 Oil and Natural Gas E&P 0.7 2.8 15.3 45.0 Metals 19.2 78.1 40.8 60.0 Other 19.5 52.2 10.9 50.0 Finance Income (Loss) (6.4) (23.3) (4.8) (20.0) Energy (0.8) (4.6) (1.3) (6.0) Oil and Natural Gas E&P (2.4) (10.4) (1.7) (5.5) Metals (2.9) (6.1) (1.2) (6.0) Other (0.3) (2.2) (0.6) (02.05) Profit attributable to owners of parent (4.9) 114.0 97.6 140.0 Energy (20.6) 63.6 65.1 67.0 Oil and Natural Gas E&P (4.6) (35.5) 5.8 17.5 Metals 12.8 64.5 22.7 34.5 Other 7.5 21.4 4.0 21.0 Capex 59.1 325.7 83.2 470.0 1 Depreciation and Amortization 58.8 249.7 62.2 270.0 1 Excl. IFRS 16 leases Copyright © ENEOS Holdings, Inc. All Rights Reserved. 4 Financial Results Data / IFRS Operating Income by segment IFRS FY2020 FY2021 1Q Full Year 1Q Full Year Forecast Actual Actual Actual (JPY billion) (Announced in May) Operating Income (Loss) 21.0 254.2 162.0 260.0 Energy Segment (18.4) 121.1 95.0 105.0 Petroleum Products 33.5 124.2 (0.4) 54.0 Petrochemicals (2.7) (25.8) 3.7 3.0 Electric power 6.2 (27.2) 0.3 11.0 Materials 6.8 11.2 3.9 7.0 Inventory Valuation (62.2) 38.7 87.5 30.0 Oil and Natural Gas E&P Segment 0.7 2.8 15.3 45.0 Metals Segment 19.2 78.1 40.8 60.0 Functional Matls, Thin Film Matls and other 8.5 31.1 13.7 36.0 Mineral Resources 7.0 34.9 15.3 32.0 Smelting and Recycling 6.8 27.3 8.6 18.0 Non-allocated corporate expenses and other (3.1) (15.2) 3.2 (26.0) Other 19.5 52.2 10.9 50.0 Copyright © ENEOS Holdings, Inc. All Rights Reserved. 5 Financial Results Data / IFRS Balance Sheets IFRS FY2020 FY2021 Mar. 2021 June. 2021 (JPY billion) Actual Actual Assets 8,058.8 8,340.9 Current assets 3,039.6 3,305.3 - Cash and deposits 419.0 428.5 Non-current assets 5,019.2 5,035.6 Property, plant and equipment 3,551.1 3,541.4 Goodwill 181.5 181.6 Intangible assets 342.4 341.5 Other 944.2 971.1 Liabilities 5,306.3 5,507.2 Interest-bearing debt 2,036.9 2,361.7 Other liabilities 3,269.4 3,145.5 Equity 2,752.5 2,833.7 Total equity attributable to owners of the parent 2,325.0 2,399.6 Non-controlling interests 427.5 434.1 Copyright © ENEOS Holdings, Inc. All Rights Reserved. 6 Financial Results Data / IFRS Dubai Crude Oil Price （＄/Ｂ） FY19 FY20 FY21 Average FY15 FY16 FY17 FY18 1Q 2Q 3Q 4Q FY 1Q 2Q 3Q 4Q FY 1Q Dubai 46 47 56 69 67 61 62 51 60 31 43 45 60 45 67 Crude Oil （＄/B） Dubai Crude Oil Price（monthly average） Dubai Crude Oil Price （yearly average） 100 80 60 40 20 0 Apr-15 Apr-16 Apr-17 Apr-18 Apr-19 Apr-20 Apr-21 Apr-22 Copyright © ENEOS Holdings, Inc. All Rights Reserved. 7 Financial Results Data / IFRS Copper Price and Inventory Level （￠/lb） FY19 FY20 FY21 Average FY15 FY16 FY17 FY18 1Q 2Q 3Q 4Q FY 1Q 2Q 3Q 4Q FY 1Q Copper 237 234 292 288 277 263 267 256 266 242 296 325 385 312 440 （￠/lb） Left axis：LME Copper Price（monthly average） Left axis：LME Copper Price（yearly average） （1,000t） Right axis：LME Copper Inventory Level（end of month） 500 500 400 400 300 300 200 200 100 100 0 0 Apr-15 Apr-16 Apr-17 Apr-18 Apr-19 Apr-20 Apr-21 Apr-22 Copyright © ENEOS Holdings, Inc. All Rights Reserved. 8 Financial Results Data / IFRS Exchange Rate （￥/＄） FY19 FY20 FY21 Average FY15 FY16 FY17 FY18 1Q 2Q 3Q 4Q FY 1Q 2Q 3Q 4Q FY 1Q Exchange 120 108 111 111 110 107 109 109 109 108 106 105 106 106 109 Rate （￥/＄） Exchange rate（monthly average） Exchange rate（yearly average） 130 120 110 100 90 80 Apr-15 Apr-16 Apr-17 Apr-18 Apr-19 Apr-20 Apr-21 Apr-22 Copyright © ENEOS Holdings, Inc. All Rights Reserved. 9 - Energy Segment - Business Environment / Data Copyright © ENEOS Holdings, Inc. All Rights Reserved. 10 Energy Segment Domestic Petroleum Product Demand (Petroleum Products and Petrochemicals) （million KL） 300 218 201 195 196 196 198 194 200 183 180 Gasoline 177 175 168 162 152 Kerosene, Diesel fuel Naphtha, Jet fuel 100 Heavy fuel 0 07FY 08FY 09FY 10FY 11FY 12FY 13FY 14FY 15FY 16FY 17FY 18FY 19FY 20FY Note: Excluding crude oil for electric power plants. Source: Petroleum Association of Japan and Company data Copyright © ENEOS Holdings, Inc. All Rights Reserved. 11 ENEOS Group Market Share and Energy Segment *1 Demand in Japan, CDU Utilization Rate (Petroleum Products and Petrochemicals) *1 Crude Distillation Unit Domestic Market Share（%） Domestic Demand（KKL） Changes FY20/1Q FY21/1Q FY20/1Q FY21/1Q vs.FY20/1Q a. Gasoline 49.4 48.8 a. Gasoline 9,996 10,916 109.2% b. Kerosene 39.5 37.2 b. Kerosene 2,227 1,782 80.0% c. Diesel Fuel 42.9 42.0 c. Diesel Fuel 7,521 7,737 102.9% d. Fuel Oil A 47.6 46.6 d. Fuel Oil A 2,304 2,156 93.6% a+b+c+d 46.0 45.4 a+b+c+d 22,049 22,591 102.5% Total Total *2 105.2% Domestic Fuel 46.1 44.0 Domestic Fuel 33,037 34,763 *2 Excluding crude oil for electric power plants CDU Utilization Rate (Excluding the impact of periodic repair) FY19 FY20 FY21 FY18 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q E N E O S 91% 92% 91% 88% 82% 68% 61% 69% 68% 64% G r o u p *3 *3 Excluding condensate splitters of Mizushima and Kashima Source: Petroleum Association of Japan and Company data Copyright © ENEOS Holdings, Inc. All Rights Reserved. 12 Energy Segment Sales Volume by Product (Petroleum Products and Petrochemicals) （ten thousand KL） Changes FY18/1Q FY19/1Q FY20/1Q FY21/1Q （FY21/1Q vs. FY20/1Q） Gasoline 643 627 494 533 108% （Premium） 69 66 52 55 106% （Regular） 570 558 440 476 108% Naphtha 83 107 87 73 84% Jet 43 42 15 21 140% Kerosene 88 89 85 60 71% Diesel Fuel 373 360 323 *1 325 101% Fuel Oil A 125 119 110 100 91% Heavy Fuel Oil C 100 77 73 77 105% （For Electric Power） 36 23 17 23 135% （For General Use） 64 54 56 54 96% *1 Total Domestic Fuel 1,455 1,421 1,187 1,189 100% Crude Oil 1 ー ー ー ― Lubricants & Specialties 84 70 66 75 114% Petrochemicals *1 (ten thousand tons) 215 238 157 186 118% Exported Oil 421 509 229 *1 214 93% LPG (ten thousand tons) 17 16 9 8 89% Coal (ten thousand tons) 160 87 110 50 45% *1 Corrected errors.