Viva Energy Results - Half Year ended 30 June 2025

• Significant progress on integrating convenience businesses
• Convenience & Mobility delivered stronger performance in 2Q2025
• Commercial & Industrial continues to deliver consistent performance

Viva Energy Group Ltd today announced the Group's financial results for the half year ended 30 June 2025 (1H2025). The Group reported significant progress on integrating convenience businesses and delivering on expected synergies and cost reductions. The Convenience & Mobility business delivered $74.4 million of EBITDA (RC) in 1H2025, with $46.4 million delivered in 2Q2025 driven by improved fuel margins, the acquisition of Liberty Convenience and cost reduction initiatives. The Commercial and Industrial business delivered $237.9 million in 1H2025, which is in line with the same period last year. The Energy & Infrastructure business was impacted by weak regional refining margins, higher energy costs and a one-off site-wide shutdown, with 1H2025 EBITDA (RC) of $18.4 million. The company expects to exit 2025 with positive momentum in all parts of its business, with further synergies and cost-out initiatives in the Convenience business, and strengthening refining margins supported by the production of ultra-low sulphur gasoline.

Viva Energy expects to exit 2025 with positive momentum in all parts of its business, with further $35 million of synergies and cost-out initiatives in the Convenience business, and strengthening refining margins supported by the production of ultra-low sulphur gasoline.

Viva Energy expects its Convenience business to grow from here, with a further ~$35 million of synergies and cost-out initiatives and a range of business improvement opportunities being pursued. The company's Commercial & Industrial business is expected to continue to deliver a solid performance in 2H2025, and the Geelong Refinery is expected to benefit from stronger regional margins in the second half, supported by the production of ultra-low sulphur gasoline.