Aurora Downstream Energy — ESG & Development Impact

The environmental impact, the social impact, governance and the development-impact targets underpinning Aurora Energy.

Aurora Downstream Energy Business PlanSection 13 › ESG & Development Impact

Section 13 · Business Plan

ESG & Development Impact

The environmental impact, the social impact, governance and the development-impact targets underpinning Aurora Energy.

Aurora Energy’s business is intrinsically aligned with national
development priorities and with the mandates of development finance
institutions. Expanding access to LPG displaces paraffin, wood and coal
— reducing indoor air pollution, fire risk and carbon emissions — while
the broader platform creates jobs, builds local capability and
strengthens energy security. ESG is not an overlay on this business; it
is the development thesis that underpins it.

13.1 Environmental impact

LPG is among the cleanest-burning conventional fuels, producing
substantially lower particulate and carbon emissions than the paraffin,
wood and coal it commonly replaces in lower-income households. By
expanding affordable LPG access, Aurora Energy directly supports
clean-cooking and air-quality objectives and contributes to emissions
reduction. The Company will measure and report the biomass and paraffin
displacement and the associated avoided emissions attributable to its
volumes, and will operate its own facilities to rigorous environmental
standards.

13.2 Social impact

The Company’s expansion into township and rural markets extends
cleaner-energy access to communities that incumbents serve poorly, while
flexible cylinder-access models lower the cost barrier for lower-income
households. Over the plan period, Aurora Energy targets meaningful
direct and indirect job creation across operations, logistics and its
reseller network, with structured training and certification that build
transferable skills and underpin safety.

13.3 Governance

Strong governance — an independent-majority board, audit-risk and HSE
committees, transparent IFRS reporting and a genuine empowerment
structure — is integral to Aurora Energy’s ESG posture and to its
acceptability to DFIs and senior lenders. Governance arrangements are
detailed in Section 11.

13.4 Development-impact targets

Table 19. Indicative development-impact targets
over the five-year plan

Impact area Indicative target Alignment
Households reached with cleaner LPG Hundreds of thousands cumulatively SDG 7 — affordable & clean energy
Paraffin / biomass displacement Measured & reported annually SDG 13 — climate action
Direct & indirect jobs Several hundred over five years SDG 8 — decent work & growth
Skills & training Certified safety & technical training SDG 4 / SDG 8
Empowerment Level 2 B-BBEE; black ownership & ESD National transformation goals
Energy security Import-linked supply & strategic storage National energy policy
Analyst note — impact targets Impact figures are management targets, not commitments, and are
stated as ranges pending detailed baseline measurement. Aurora Energy
will adopt a formal impact-measurement framework aligned to recognised
standards so that development outcomes can be independently verified — a
requirement for most DFI funding and a discipline the Company
welcomes.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Aurora Downstream Energy (Pty) Ltd.