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

GENEVA | 16 SEPTEMBER 2013 Gunvor Group (“Gunvor” or the “Company”) announces the closing of a USD 675 Million Long-Term Secured Facility (the “Facility”) to finance the Company’s flagship investment, its Ust Luga Oil Products Terminal in the Russian Federation (the “Terminal”). “We are very pleased with the outcome of the Facility, which is non-recourse