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Sustainable Development update

$2.0bn free cash flow* generated in 1H’21 (of which $1.7bn in 2Q’21 alone), despite $3.5bn investment in working capital $5.0bn net debt lowest level since the merger + New Group CO2 reduction target: 25% by 2030** + Progress on decarbonisation: signed MoU with Spanish government to support investments to achieve world’s first zero-

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