GENEVA | 20 MARCH 2014 Anticipating potential economic sanctions so to ensure with certainty the continued and uninterrupted operations of Gunvor Group Ltd’s activities, the shares of the company held by Mr. Gennady Timchenko were sold on March 19 from his personal holding vehicle to Mr. Torbjorn Törnqvist personally. As a result, Mr. Törnqvist has

GENEVA | 24 FEBRUARY 2014 The following is an English translation of an article authored in French by Gunvor’s director of research and analysis published in the Swiss financial outlet L’Agefi: Challenges & Opportunities in a Changing Market By David Fyfe, Director of Research & Analysis Major physical energy trading houses have in the last

GENEVA | 9 DECEMBER 2013 Gunvor Group Ltd (“Gunvor” or “Group”) has signed a USD 1.515 billion Revolving Credit Facility (RCF) in favor of Gunvor International B.V. and Gunvor SA (together the “Borrowers”). Launched at USD 1.2 billion, the RCF was significantly oversubscribed during syndication and was subsequently increased. “The expanding commitment we see from

GENEVA | 24 OCTOBER 2013 Gunvor Group Ltd (“Gunvor” or the “Group”) is pleased to announce the launch of a USD 1.2 billion revolving credit facility (the “Facility”) in favor of Gunvor International B.V. and Gunvor SA (the “Borrowers”). The launch is a part of Gunvor’s successful strategy to both grow and diversify its financing