Key highlights HY1 2025

Improve

Net profit -including exceptional items- in HY1 2025 of EUR 319 million and EPS of EUR 2.74, increased by 58% year-on-year
Proportional EBITDA -excluding exceptional items1- in HY1 2025 of EUR 615 million an increase of 3% year-on-year
Successful listing of our joint venture AVTL in India, generated a EUR 111 million exceptional gain
Successfully completed share buyback program of EUR 100 million in July
Increasing FY 2025 outlook driven by resilient portfolio performance, offsetting negative currency translation effects

Grow

Construction of LPG terminal in Canada progressing well, and expanding RIPET terminal infrastructure
AVTL is developing the first independent ammonia storage terminal in India
Commissioned multiple expansions in India, totalling 260k cbm of LPG capacity in Mangalore and Pipavav

Accelerate

Investment decision taken at PT2SB terminal in Malaysia to expand capacity by 272k cbm to store biofuels
Entering FEED phase of an ammonia terminal at our Vopak Energy Park Antwerp
Signed joint development agreement with IHI corporation to establish a joint venture for the development and operation of an ammonia terminal in Japan

Q2 2025 Q1 2025 Q2 2024 In EUR millions
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For more information please contact:

Vopak Press: Liesbeth Lans - Manager External Communication, e-mail: global.communication@vopak.com

Vopak Analysts and Investors: Fatjona Topciu - Head of Investor Relations, e-mail: investor.relations@vopak.com