Brent and Dubai spread (DTD/DB) in Q4/2019 on average increased by 0.30 $/BBL when compared to Q3/2019, due to the support received from the mounting demand of light crude in Asia, to prep for the

clients in Malaysia and create an economy of scale, as well as reduce the overlapping business and conflicts of interest in South East Asia between the Company and MACO, which will be of utmost benefit to