Plate 01
01 · ChairEXN · BD · 01
S.I
Chair of the Board
Formerly Vice-Chair of Brookmore Capital; thirty-four years in energy infrastructure across North America and the Levant.
EXETRIONThe Group
EXN · GR · I-A · The Group · Fact Book · Vol. I / MMXXVI
The GroupIssued XIX · V · MMXXVI · EXN · GR · I-A
Exetrion is a privately-held energy infrastructure group.
The Company holds direct and indirect interests in commodity trading desks, midstream storage and terminal assets, retail distribution networks, and a growing renewables platform. Headquartered in the United States with operating offices across the Middle East, Central Asia, and the Atlantic basin.
ConstitutionDelaware C-Corp No. 7,418,902
OwnershipPrivately held Closed register
Fiscal yearCalendar 1 Jan – 31 Dec
ReportingAnnual & semi-annual Public register
§ 01 · StructureEXN · GR · §01
A single holding company over four operating subsidiaries.
The Group is constituted as a holding company under the laws of the State of Delaware. It carries on no operating activity of its own. Its function is to hold, on behalf of its owners, the equity of the four subsidiaries through which the Group's business is conducted.
Each subsidiary is separately capitalised, separately audited, and separately governed. The boards of the four subsidiaries report jointly to the Group's Executive Committee, which reports, in turn, to the Group Board.
The structure is deliberately plain. One parent, four subsidiaries, one office of the Secretary. There are no intermediate holding vehicles, no offshore conduits, and no related-party arrangements outside the published register.
— Constituted in Wilmington, Delaware, the fourteenth of January, two thousand and twenty-six.
Plate ICorporate Structure · MMXXVIEXN · GR · I-A
§ 02 · LeadershipEXN · GR · §02 · Six officers · Constituted MMXXVI
The Group is administered by a standing committee of six officers.
Plate 02
02 · CEOEXN · EX · 01
Dokha Rustamov
Chief Executive Officer
Formerly Head of Global Trading at a senior international house; appointed to constitute and lead the Group at its incorporation.
Plate 03
03 · PresidentEXN · EX · 02
Nedal M.
President & Chief Operating Officer
Twenty-eight years in midstream operations; previously oversaw a North-American terminal network of fourteen sites and ten million barrels.
Plate 04
04 · CFOEXN · EX · 03
Margaret S. Lindqvist
Chief Financial Officer
Former Group Treasurer of a Nordic energy major; chartered accountant; chairs the Group's Audit and Capital Committees.
Plate 05
05 · GCEXN · EX · 04
Rashid K. al-Hashimi
General Counsel
Former partner at Sullivan & Pell; admitted in New York, London, and the DIFC; reads the public record before the Board.
Plate 06
06 · SecretaryEXN · EX · 05
Sophie R. Marchetti
Secretary of the Company
Twelve years in corporate secretarial offices of two Fortune 500 energy groups; custodian of the Group's public register.
§ 03 · Capital & ownershipEXN · GR · §03
Private capital, tier-one syndication, audited reporting.
The Company is privately held. There is no public market in its securities, and the register of beneficial ownership is closed save under the conditions set out in the Group's charter and in the laws applicable to it.
Working capital is provided by a syndicate of eleven tier-one institutions, in revolving lines aggregating USD 3.2 billion, secured against title to the Group's commodity inventory and renewed annually. A medium-term note programme has been lodged with the institutional market in an aggregate authorised amount of USD 2.0 billion.
Distributions are declared annually by the Board out of audited free cash flow. Audit is conducted by Pendar & Co., independent accountants, who are appointed annually by the Audit Committee and confirmed by the Board.
— The Office of the Treasurer reports to the Audit Committee of the Board.
OwnershipAs of XXXI · XII · 2026
Privateclosed register
Banking syndicateTier-one institutions
11No.
Revolving creditSecured · annual renewal
3.2USD B
MTN programmeSenior unsecured · 144A · Reg S
2.0USD B
Total assetsGroup, audited
1.8USD B
External auditorAppointed for FY 2026
Pendar & Co.
Ledger I·a · Office of the TreasurerEXN · TR · MMXXVI
§ 04 · GeographyEXN · GR · §04 · The Register of Offices
Three standing offices, with capacity for further constitution.
Office I · HQEXN · OF · 01
Houston
Texas · United States
Exetrion Holdings Inc.1500 Louisiana Street37th Floor, Suite 3700Houston, TX 77002United States of America
T+1 (713) 246 0030
F+1 (713) 246 0031
Esecretary@exetrion.com
Headquarters · Office of the Secretary · Treasury · Trading (Atlantic)
Office IIEXN · OF · 02
Tashkent
Republic of Uzbekistan
Exetrion Central Asia LLCInternational Business Centre107B Amir Temur Avenue, 14th FloorTashkent 100084Republic of Uzbekistan
T+998 71 140 04 00
F+998 71 140 04 01
Ecentral-asia@exetrion.com
Central Asia · Concessions · Midstream operations · Sovereign liaison
Office IIIEXN · OF · 03
Dubai
United Arab Emirates
Exetrion DMCC BranchGate Village Building 4, Level 5Dubai International Financial CentrePO Box 506749, DubaiUnited Arab Emirates
T+971 4 401 9930
F+971 4 401 9931
Emiddle-east@exetrion.com
Middle East · Trading (Crude) · Fujairah Terminal · Counterparty Desk
Office IVEXN · OF · 04
London
United Kingdom
Under constitution.Standing offices, Q3 · 2026.
Reserved · To be tabled with the Board at the meeting of 14 · IX · 2026
Office VEXN · OF · 05
Singapore
Republic of Singapore
Under constitution.Standing offices, Q4 · 2026.
Reserved · To be tabled with the Board at the meeting of 12 · XII · 2026
Office VIEXN · OF · 06
Geneva
Swiss Confederation
Under consideration.Conditional upon FY 2027 review.
Reserved · To be reviewed at the close of FY 2026