CORPORATE PROFILE

Corporate History of JXTG Nippon Oil & Energy Corporation (as of April 1, 2017)

•Nippon Oil Company was established.

• Kuhara Mining Co., Ltd. was established (later renamed Nippon Mining Co., Ltd.).

•Mitsubishi Oil Co., Ltd. was established.

•Koa Oil Co., Ltd. was established.

• Nippon Petroleum Refining Co., Ltd. was established as a 50:50 joint venture by Nippon Oil Company and Caltex Petroleum Corporation.

•Nippon Petroleum Gas Co., Ltd. was established. •Nippon Petrochemicals Co., Ltd. was established.

•Kyushu Oil Co., Ltd. was established.

•Kyodo Oil Co., Ltd. was established.•Kashima Oil Co., Ltd. was established.• Nikko Kyodo Co., Ltd. (later renamed Japan Energy Corporation) was established through the merger of Nippon Mining Co., Ltd. and Kyodo Oil Co., Ltd.

• Nippon Mitsubishi Oil Corporation was established through the merger of Nippon Oil Corporation and Mitsubishi Oil Co., Ltd.

• The new service station brand “ENEOS” was launched by Nippon Mitsubishi Oil Corporation.

•Nippon Petroleum Refining Co., Ltd. was established. • Nippon Mitsubishi Oil Corporation changed its name to Nippon Oil Corporation.

• Japan Energy Corporation and Nippon Mining & Metals Co., Ltd. jointly established Nippon Mining Holdings, Inc. as their holding company.

• JX Holdings, Inc. and JX Nippon Oil & Energy Corporation were established through the management integration of Nippon Oil Corporation and Nippon Mining Holdings, Inc.

• Osaka International Refining Company, Limited was established by the refinery joint venture between JX Nippon Oil & Energy Corporation and China National Petroleum Corporation.

• JX Nippon Oil & Energy Corporation merged with TonenGeneral Sekikyu K.K. and changed its

name to JXTG Nippon Oil & Energy Corporation.

History of the former JX Nippon Oil & Energy Corporation

JXTG Nippon Oil & Energy Corporation

History of the former Tonen General Group

• Vacuum Oil Company (U.S.) established a Japan branch.• Standard Oil Company of New York (Socony) (U.S.) established a Japan branch.

• Socony Vacuum (U.S.) established a Japan branch.

• Standard Vacuum Oil Company (Stanvac) (U.S.) established a Japan branch.

• Toa Nenryo Kogyo K.K. was established (later renamed Tonen K.K.).• General Bussan K.K. was split off from MITSUI & CO., LTD. as an independent company.

• A capital partnership was formed between Toa Nenryo Kogyo K.K. and Standard Vacuum Oil Company (Stanvac).

• General Sekiyu K.K. was established.• Tonen Sekiyu Kagaku K.K. (now Tonen Chemical Corporation) was established.

• Mobil Sekiyu K.K. was established. Esso Standard Sekiyu K.K. (later renamed Esso Sekiyu K.K.) was established.

• Mitsui Oil Supply Company, Limited (later renamed MITSUI OIL CO., LTD.) was established.

• Kyokuto Petroleum Industries K.K. (later renamed Kyokuto Petroleum Industries, Ltd.) was established.

• TonenGeneral Sekiyu K.K. was established through the merger of Tonen K.K. and General Sekiyu K.K.

(ExxonMobil Japan Group was launched.)

• ExxonMobil Yugen Kaisha (later EMG Marketing Godo Kaisha) was established.

• TonenGeneral Sekiyu K.K. made EMG Marketing Godo Kaisha a subsidiary.

• TonenGeneral Sekiyu K.K. converted MITSUI OIL CO., LTD. and Kyokyuto Petroleum Industries, Ltd. into subsidiaries.

• TonenGeneral Sekiyu K.K. merged with Kyokuto Petroleum Industries Ltd.

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2017

Distribution & Marketing Fields

We have the largest network of service stations in Japan with about 13,600 stations*

nationwide and hold a 50% market share of domestic sales of petroleum products.

We aim to become the most highly trusted service station network by customers through our high-quality products and services. *As of June 30, 2017

Refining Field

We have 16 refining sites throughout Japan.We are working to ensure a stable supply of petroleum and petrochemical products by bolstering our optimal production and supply system.

Lubricant Business

29 sites overseas *Including investee companies

We will further strengthen our manufacturing and sales structure overseas, primarily in the growing Asian region, by leveraging our technical capabilities and long-standing customer relationships based on trust.

Chemicals Business

Paraxylene supply capacity: 3.62 million tons per yearWe have the world’s largest supply capacity of paraxylene, which is used as a feedstock in the manufacture of apparel fabrics, plastic bottles and other products.

Strengthening Our Competitiveness in the Core Petroleum Refining and Marketing Businesses

Muroran Plant

Negishi Refinery

Wakayama Refinery

Oita Refinery

Kashima Refinery (Kashima Oil Co., Ltd.)

Osaka Refinery (Osaka International

Refining Co., Ltd.)

Yokohama Plant

Sakai Refinery

Marifu RefineryKawasaki Refinery

Sendai Refinery

Chita Plant

Chiba Refinery

Mizushima RefineryTCC Kawasaki Plant (Tonen Chemical Corporation)

Kawasaki Plant

No.1 globally

No.1 in Japan

* Commercial sales amount basis

JXTG Nippon Oil & Energy Corporation will procure a steady supply of primary energy, including crude oil, natural gas, coal, and solar power, and efficiently convert this energy into optimal forms and deliver it to customers. At the same time, we will propose comprehensive solutions to ensure that customers can use this energy safely and reliably.

In the electric power business, we will supply customers with highly cost-effective power by taking full advantage of our extensive experience in fuel distribution as an integrated energy company. In this context, we are developing the ENEOS Denki and my Denki brands.We are also working to develop environmentally friendly power, such as wind power, mega-solar power projects and biomass power.

In the hydrogen business, we are working to contribute to realization of “Hydrogen Society” by building hydrogen supply infrastructure that utilize the service station network across the country.

Evolving into an Comprehensive Energy Company

Kawasaki Natural Gas Power Generation Co., Ltd.

Megasolar, coal stockpiling (Kudamatsu Terminal)

Mizushima LNG Terminal

Hydrogen Refueling Station (Dr. Drive Self-Service Shiomi Koen Station)

Customers

LP gas

Natural gas

Solar/Wind/Biomass

Crude oil

Coal

Primary energy Conversion Final energy

LP gas

Electricity

City gas

Gasoline

Kerosene Hydrogen

LPG

In the lubricant business, we will further strengthen our manufacturing and sales structure overseas, primarily in the growing Asian region, by leveraging our technical capabilities and long-standing customer relationships based on trust.

Nippon Oil Finance Netherlands B.V.[The Netherlands/Amsterdam]

JX Nippon Oil & Energy (RUS), LLC[Russia/Moscow]

JX Nippon Oil & Energy Middle East & Africa FZE[UAE/Dubai]

BioCare Europe S.r.l.[Italy/Rome]

Johannesburg Office[South Africa/Johannesburg]

Doha Office[Kuwait/Doha]

Abu Dhabi Office[UAE/Abu Dhabi]

JX Nippon Oil & Energy Asia Pte. Ltd.ENEOS ItalSing Pte. Ltd.[Singapore]

JX Nippon TWO Lubricants INDIA Private Limited[India/Gurgaon]

TQ Holdings Australia Pty Limited[Australia/Sydney]

JX Nippon Oil & Energy (AUSTRALIA) Pty. Ltd.[Australia/Sydney]

JX Nippon Oil & Energy (Thailand) Ltd.[Thailand/Bangkok]

JX Nippon Oil & Energy Europe Ltd.[U.K./London]

JX Nippon Oil & Energy (EMEA) Ltd.[U.K./London]

JX Nippon ANCI SAS[France/Provence]

Accelerating Overseas Business Expansion Underpinning Growth

Hydrogen Refueling Station (Dr. Drive Self-Service Shiomi Koen Station) Functional film (transparent film for screens) KALEIDO SCREEN® Nonwoven fabrics (CLAF®, MILIFE ®) Culture media business (production background, U.S.)

Overseas Production and Sales Sites Sales sites (including offices and local subsidiaries)

Production sites (including joint ventures)

In the high performance materials business, we will supply unique products to the market, including highly heat-resistant resins, functional films, and nonwoven fabrics, by harnessing our advanced technologies.

We are also working to reinforce the life science business, of which demand is estimated to grow, through naturally-derived health food materials, cell culture media for pharmaceuticals and other products.

JX Nippon Oil & Energy (Americas) Inc.New York Office[USA/New York]

Ulsan Aromatics Co.,Ltd.[Korea/Ulsan]

Tianjin Nisseki Lubricants & Grease Co., Ltd.[China/Tianjin]

Singapore Office[Singapore]

Kuala Lumpur Regional Office[Malaysia/Kuala Lumpur]

JX Nippon Oil & Energy Asia Pte. Ltd.ENEOS ItalSing Pte. Ltd.[Singapore]

JX Nippon TWO Lubricants INDIA Private Limited[India/Gurgaon]

JX Nippon Oil & Energy USA Inc.Los Angeles Branch Office[USA/Los Angeles]

JX Nippon ANCI, Inc.[USA/Kennesaw]

Michang Oil Ind. Co., Ltd.[Korea/Busan]

JX Nippon Chemical Texas Inc.[USA/Pasadena]

Taiwan Nisseki Co., Ltd.[Taiwan/Kaohsiung]

JX Nippon Oil & Energy Vietnam Co.,Ltd.[Vietnam/Hanoi, Haiphong, Ho Chi Minh]

PT. JX Nippon Oil & Energy Lubricants Indonesia[Indonesia/Bekasi]

TQ Holdings Australia Pty Limited[Australia/Sydney]

JX Nippon ANCI, Inc. Roanoke Plant[USA/Roanoke]

Irvine Scientific Consulting (Shanghai) Co., Ltd.[China/Shanghai]

JX Nippon Oil & Energy USA Inc.Lubricants Alabama Plant[USA/Childersburg]

JX Nippon Oil & Energy (Shanghai) Corp.[China/Shanghai, Beijing, Guangzhou]

JX Nippon Oil & Energy Mexico S.A. de C.V.[Mexico/Mexico City]

JX Nippon Oil & Energy (AUSTRALIA) Pty. Ltd.[Australia/Sydney]

JX Nippon Oil & Energy (Thailand) Ltd.[Thailand/Bangkok]

JX Nippon Oil & Energy (Americas) Inc.Houston Office[USA/Houston]

JX Specialty Chemicals & Materials (Taiwan) Co., Ltd.[Taiwan/Taipei]

JX Nippon Oil & Energy Vietnam Consulting and Holdings Company Limited[Vietnam/Hanoi]

PT. Nippon Oil Indonesia[Indonesia/Jakarta]

Manila Office[The Philippines/Manila] JX Nippon Oil & Energy do Brasil

Comércio de Lubrificantes Ltda.[Brazil/Sao Paulo]

JX Nippon Oil & Energy USA Inc.[USA/Chicago]

JX Nippon Oil & Energy Korea Corporation[Korea/Seoul]

JX Nippon Oil & Energy (Beijing) Business Management Co., Ltd.[China/Beijing]

JX Nippon Oil & Energy (Guangzhou) Lubricants Corp.[China/ Guangzhou]

Shanxi Japan Energy Lubricants Co., Ltd.[China/Yangquan Taiyuan]

Irvine Scientific Sales Co.,Inc.[USA/Santa Ana]

JX Nippon Oil & Energy Coal (Canada) Ltd.[Canada/Vancouver]

Accelerating Overseas Business Expansion Underpinning Growth

Advancing the High Performance Materials Business by Harnessing the Strengths of Our Technologies

Culture media business (production background, U.S.)

Asia

Outline of JXTG Nippon Oil & Energy Corporation (as of April 1, 2017)

Social Contribution Activities

JX-ENEOS SunflowersBasketball clinics

JX-ENEOS Baseball TeamLessons in baseball

Thinning operations

(2017.11 FIR 2000)

Name JXTG Nippon Oil & Energy Corporation

Founded May 10, 1888

Representative Tsutomu Sugimori, President and Representative Director

Head office 1-2 Otemachi 1-chome, Chiyoda-ku, Tokyo 100-8162, Japan

Paid-in capital 30.0 billion yen (100% owned by JXTG Holdings, Inc.)

Principal businesses

• Refining and marketing of petroleum products (gasoline,

kerosene, and lubricants)•Manufacture and marketing of petrochemical products •Import and marketing of natural gas and coal•Supply of electricity and hydrogen

Corporate website http://www.noe.jxtg-group.co.jp/english/

We are contributing to the development of civil society through the promotion of social contribution activities, which is one of the priority areas of our CSR activities.

We hold basketball clinics featuring our women’s basketball players and alumnae and baseball clinics for junior high school students featuring our baseball team, for the purposes of developing the next generation of players, contributing to the local community, and promoting sports.

In addition, we actively support wheelchair basketball, baseball for people with disabilities, and other sports for people with disabilities, and through these efforts, we also promote a “barrier-free” mindset among our employees.

ENEOS-no-Mori, which is our Forest Preservation Activity, are located at eight places throughout Japan, mainly where refineries can be found, and employees are conducting forest preservation activities such as thinning and brush clearing, which are carried out under the guidance of NPOs and other forest preservation experts.

ENEGORIKUN is the ENEOS mascot