Royal Vopak Nv · EURONEXT:VPK

Royal Vopak Nv — Investor Day (December 2017)

4 slides from Royal Vopak Nv's investor day presentation, Dec 12, 2017

1. Slide 1: IFRS 16 Lease – Royal Vopak Analyst Day 2017

   IFRS 16 Lease • Royal Vopak – Analyst Day 2017 Jack de Kreij, Vice-Chairman of the Executive Board and CFO of Royal Vopak 12 December 2017 12 December 2017 – Analyst Day

2. Slide 2: Forward-looking statement

   Forward-looking statement This presentation contains ‘forward-looking statements’, based on currently available plans and forecasts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the

3. Slide 3: IFRS 16 Leases: No changes in economics, only changes in accounting

   IFRS 16 Leases No changes in economics, only changes in accounting Vopak does normally not act as a lessor Vopak as lessee • No substantial change in lease definition • IFRS 16 will require almost all leases of companies to be on the balance sheet of • Vopak Commercial Contracts are normally a lesse

4. Slide 4: Implications of IFRS 16 Leases

   Implications of IFRS 16 Leases Balance Sheet Income Statement 2019 2019 Current situation Current situation (IFRS 16) (IFRS 16) Finance Operating All Finance Operating All Effect leases leases leases leases leases leases Assets - Revenue €€€ €€€ €€€ Single lease Liabilities €€€ - €€€ Operating costs

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