Group 1 - CBL International Limited, the listing vehicle of Banle Group, is a leading marine fuel logistic company in the Asia-Pacific region [1] - The company will participate in the Lytham Partners Spring 2025 Investor Conference on May 29, 2025, with a webcasted fireside chat and one-on-one meetings with investors [1][2] - CBL International Limited was established in 2015 and provides a one-stop solution for vessel refueling, facilitating operations in over 60 major ports globally [4] Group 2 - The company actively promotes the use of sustainable fuels and has received ISCC EU and ISCC Plus certifications [4] - The webcast presentation will be accessible at 12:30 pm Eastern Time on May 29, 2025, and will be available for replay after the event [2] - Management will be available for virtual one-on-one meetings throughout the event, with arrangements possible through Lytham Partners [3]

Core Viewpoint - CBL International Limited reported significant revenue growth in 2024 despite facing a net loss, driven by a volume-driven growth strategy and operational expansion in a challenging market environment [2][3][12]. Financial Performance Overview - Consolidated revenue for 2024 was $592.52 million, a 35.9% increase from $435.90 million in 2023, primarily due to a 38.1% rise in sales volume [2]. - The company experienced a net loss of $3.87 million in 2024, down from a net income of $1.13 million in 2023, attributed to a 25.5% decrease in gross profit and a 56.8% increase in operating expenses [3][4]. - Earnings per share (EPS) decreased to $(0.136) in 2024 from $0.045 in 2023, while cash and cash equivalents increased by 8.3% to $8.02 million [5]. Business Expansion - CBL expanded its service network from 36 ports at IPO in March 2023 to over 60 ports by the end of 2024, covering regions including Asia Pacific, Europe, Africa, and Central America [6]. - New ports added included Mauritius, Panama, and India, enhancing global reach and servicing nine of the world's top 12 container shipping lines [7]. - Customer diversification was prioritized, with a decrease in sales concentration among the top five customers in fiscal year 2024 [8]. Sustainability Initiatives - Biofuel sales surged by 628.8% and volume by 603.0%, with the introduction of B24 biofuel reducing greenhouse gas emissions by 20% [9]. - The company secured ISCC EU and ISCC Plus certifications, aligning with global trends towards greener shipping solutions [9]. Strategic Enhancements - CBL improved IT systems for efficiency, strengthened credit risk management, and expanded funding sources through capital markets [10][11]. - The management remains optimistic about future growth, focusing on expanding market presence, particularly in biofuels, and enhancing the global supply network [12][14].

Company Overview - CBL International Limited is the listing vehicle of Banle Group, a reputable marine fuel logistic company established in 2015, based in the Asia-Pacific region [3] - The company provides a one-stop solution for vessel refueling, known as bunkering, and operates in over 60 major ports across various countries including Belgium, China, India, Japan, and Singapore [3] Upcoming Events - CBL will file its Annual Report on Form 20-F for the year ended December 31, 2024, on April 16, 2025 [1] - A webcast will be hosted on April 17, 2025, where company management will discuss business strategies and recent developments [2] Sustainability Initiatives - The Group actively promotes the use of sustainable fuels and has received ISCC EU and ISCC Plus certifications [3]