JOINT rEfINErY PrODUCTION (Millions of tonnes)

Diesel

0 2.0 4.0 6.0 8.0 10.0

Other

fuel Oil

Gasoline

Jet fuel

Liquefied Petroleum Gas (LPG)

20

rEfINING The refining business unit s commitment to sustainability is based on three main pillars:

Operational excellence, ensuring safe production processes that are optimized and environmentally friendly while respectful of the communities close to our plants.

Progressive integration with other Cepsa Business Units.

Search for growth opportunities in other geographic areas.

The refining business is fully integrated with the Trading, Chemicals and Marketing and Distribution business units.

PLANTS AND CAPACITY:

asesa (50%)

845,000 tonnes/year.

Gibraltar san roque

12 million tonnes/year.

la rÁbida

10 million tonnes/year.

tenerife

4.5 million tonnes/year.

Chapter 2 Who we are

West Africa Middle East Mediterranean North Sea North America Russia South America

OrIGIN Of CrUDE fY 2017

39%

37%

10%

7% 4%

1%2%