Petrol d d : Resolutions of 37th general meeting of petrol d.d., ljubljana 18.5.2023

Javno

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana

tel.: [phone] www.petrol.si

Pursuant to the provisions of the Companies Act (ZGD-1), the Market in Financial Instruments Act (ZTFI), the Ljubljana Stock Exchange Rules and the Slovenian Corporate Governance Code for Listed Companies, the Management Board of Petrol d.d., Ljubljana, Dunajska cesta 50, Ljubljana,

hereby announces that the 37th General Meeting of Shareholders of

Petrol, Slovenska energetska družba, d.d., Ljubljana,

attended by the shareholders, owners of 30,099,848 shares, representing 72.14% of the Company's share capital and 73.29% of all voting shares, and chaired by Attorney Uroš Pogačnik from Grosuplje as president, and Gregor Mavsar and Barbara Jama Živalič as officials responsible for counting the votes, in the presence of Bojan Podgoršek, Notary Public from Ljubljana

was held at 12:00 on 18 May 2023. The following resolutions were discussed:

Item 1 of the Agenda - Opening of the General Meeting and election of working bodies

Adopted Resolution: 1.1.

Attorney Uroš Pogačnik from a Grosuplje-based Law Firm Čeferin, Pogačnik, Novak, Koščak in partnerji, o.p., d.o.o. shall be elected Chairman of the General Meeting, and Gregor Mavsar and Barbara Jama Živalič as officials responsible for counting the votes.

The General Meeting is informed that the notarial protocol will be drawn up by Bojan Podgoršek, Notary Public from Ljubljana.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 30,162,808. The number of shares for which valid votes were cast amounted to 30,162,080; the proportion of these shares in the share capital of the Company amounted to 72.29%. The total number of valid votes cast was 30,162,808 and represented 73.44% of all voting shares, of which 30,160,988 votes were in favour of the resolution, accounting for 99.99% of the total number of votes cast, and 1,820 votes were against the resolution, representing 0.01% of the total number of votes cast; there were no abstentions.

Vpis v sodni register: Okrožno sodišče v Ljubljani, matična štev.: 5025796000, osnovni kapital: 52.240.977,04 EUR, ID za DDV SI80267432

Javno

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana

tel.: [phone] www.petrol.si

Item 2 of the Agenda - Presentation of the Annual Report for 2022 and Report of the Supervisory Board on the Verification of the Annual Report for 2022; Report on Remuneration to Management and Supervisory Bodies of Petrol d.d., Ljubljana in the 2022 financial year; use of profit for appropriation and granting of discharge

Adopted resolution: 2.1.

The profit for appropriation as at 31 December 2022 (thirty-first December two thousand twenty- two), amounting to EUR 61,847,940 will be distributed as follows:

• part of the profit for appropriation amounting to EUR 61,667,340 will be distributed as dividend payments to shareholders: gross dividend of EUR 1.5 per share (own shares do not participate),
• the remaining part of the profit for appropriation in the amount of EUR 180,600 and any amounts which may result from the number of own shares on the record date and from rounding off the dividend payment figures, will be transferred to other profit reserves.

The Company will pay out dividends on 4 August 2023 to the shareholders registered at KDD (Central Securities Clearing Corporation) as at 3 August 2023.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 30,163,268. The number of shares for which valid votes were cast amounted to 29,878,502; the proportion of these shares in the share capital of the Company amounted to 71.61%. The total number of valid votes cast also amounted to 29,878,502 and represented 72.75% of all voting shares, of which 16,371,133 votes were in favour of the resolution, accounting for 54.79% of the total number of votes cast, and 13,507,369 votes were against the resolution, representing 45.21% of the total number of votes cast. The number of abstentions was 284,766.

2.2.

The General Meeting has taken note and hereby endorses the Report on Remuneration to Management and Supervisory Bodies of Petrol d.d., Ljubljana in the 2022 financial year.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 30,163,268. The number of shares for which valid votes were cast amounted to 30,022,005; the proportion of these shares in the share capital of the Company amounted to 71.95%. The total number of valid votes cast also amounted to 30,022,005 and represented 73.10% of all voting shares, of which 29,910,389 votes were in favour of the resolution, accounting for 99.63% of the total number of votes cast, and 111,616 votes were against the resolution, representing 0.37% of the total number of votes cast. The number of abstentions was 141,263.

Vpis v sodni register: Okrožno sodišče v Ljubljani, matična štev.: 5025796000, osnovni kapital: 52.240.977,04 EUR, ID za DDV SI80267432

Javno

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana

tel.: [phone] www.petrol.si

2.3.

The General Meeting gives a discharge to the Management Board of the Company for the 2022 financial year.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 30,163,268. The number of shares for which valid votes were cast amounted to 30,163,268; the proportion of these shares in the share capital of the Company amounted to 72.29%. The total number of valid votes cast also amounted to 30,163,268 and represented 73.44% of all voting shares, of which 30,155,958 votes were in favour of the resolution, accounting for 99.98% of the total number of votes cast, and 7,310 votes were against the resolution, representing 0.02% of the total number of votes cast; there were no abstentions.

2.4.

The General Meeting gives a discharge to the Supervisory Board of the Company for the 2022 financial year.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 30.163.268. The number of shares for which valid votes were cast amounted to 30,162,448; the proportion of these shares in the share capital of the Company amounted to 72.29%. The total number of valid votes cast also amounted to 30,162,448 and represented 73.44% of all voting shares, of which 30,117,898 votes were in favour of the resolution, accounting for 99.85% of the total number of votes cast, and 44,550 votes were against the resolution, representing 0.15 % of the total number of votes cast. The number of abstentions was 820.

Item 3 of the Agenda - Remuneration Policy for Management and Supervisory Bodies of Petrol d.d., Ljubljana

The proposed resolution was not adopted: 3.1.

The General Meeting hereby endorses the Remuneration Policy for Management and Supervisory Bodies of Petrol d.d., Ljubljana.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 30,163,268. The number of shares for which valid votes were cast amounted to 30,156,928; the proportion of these shares in the share capital of the Company amounted to 72.27%. The total number of valid votes cast also amounted to 30,156,928 and represented 73.43% of all voting shares, of which 5,960,725 votes were in favour of the resolution, accounting for 19.77% of the total number of votes cast, and 24,196,203 votes were against the resolution, representing 80.23% of the total number of votes cast. The number of abstentions was 6,340.

Vpis v sodni register: Okrožno sodišče v Ljubljani, matična štev.: 5025796000, osnovni kapital: 52.240.977,04 EUR, ID za DDV SI80267432

Javno

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana

tel.: [phone] www.petrol.si

Notice!(in accordance with Recommendations of the Ljubljana Stock Exchange to public companies regarding notification with respect to non-adoption and/or amendments of the resolutions proposed at a General Meeting):

The resolution under item 1 was adopted as proposed by the Management Board. Under item 2, resolution 2.1. was adopted as proposed by the shareholders VIZIJA HOLDING d.o.o. and MUSTAND ENERGY LIMITED and resolutions under 2.2., 2.3. and 2.4. were adopted as proposed by the Management Board and the Supervisory Board. Under item 3, the resolution such as proposed by the Management Board and the Supervisory Board in the General Meeting convocation, was not adopted.

Announced actions to challenge or annul resolutions:

The shareholders did not announce challenging any of the adopted resolution.

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As of the day of the General Meeting, the Company had 41,726,020 shares, of which:

• 614,460 own shares with no voting rights,
• 40,500 other non-voting shares,
• 41,071,060 all voting shares.

The share of voting rights of the first five major shareholders present at the General Meeting accounted to 53.66% of the total voting shares. The following five major shareholders were represented at the General Meeting:

Shareholder	No. of shares and	% of the total
		voting rights	voting rights of
			the Company
1.	Clearstream Banking SA - fiduciary	6,130,700	14.93%
account
2.	Slovenski državni holding, d.d.	5,299,220	12.90%
3.	The Republic of Slovenia	4,513,980	10.99%
4.	Kapitalska družba d.d.	3,452,780	8.41%
5. Otp banka d.d. - client account - fiduci	2,642,001	6.43%
TOTAL	22,038,681	53.66%

As regards the organised collection of authorisations, the Company has incurred costs of EUR 23,513.00.

Ljubljana, 18 May 2023

Nada Drobne Popović

President of the Management Board

Vpis v sodni register: Okrožno sodišče v Ljubljani, matična štev.: 5025796000, osnovni kapital: 52.240.977,04 EUR, ID za DDV SI80267432