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THIRD QUARTER 2021 RESULTS

Oct 29, 2021 · structural cost reductions •Other driven mainly by refinery-to-terminal conversions •Lubricants business delivered record earnings 1,255 CONTRIBUTING FACTORS TO CHANGE IN EARNINGS Million USD 2Q21 ex. Expenses ident. items 790 Margin 320 200 Volume 170 Other 3Q21 ex. ident. items (227)

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  Cost, Refinery

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