MOL Magyar Olaj es Gázipari Nyilvánosan Muködo Reszvenytársaság : together with the Hungarian State are to establish a new Foundation of Trusts in Public Interest

MOL Plc. ('MOL') hereby notifies the market of the following:

MOL Group will establish a new Foundation of Trusts in Public Interest ('közfeladatot ellátó közérdekű vagyonkezelő alapítvány') called 'MOL New Europe Foundation' in partnership with the Hungarian State with the aim of fulfilling corporate responsibility objectives especially in the field of sport, culture, health and environment protection. It will also take over the majority of the corporate social responsibility activities carried out by MOL today.

The Foundation will be established upon the adoption of the underlying act in the second or third quarter of 2021 expectedly, with equal capital contribution of the Hungarian State and MOL. MOL and its subsidiaries will transfer 42,977,996 pieces of ordinary MOL shares of the series 'A' to the Foundation. The operation of the Foundation shall be primarily financed by the dividends of the shares offered by founders.

MOL will inform market participants on the realization of the capital contribution and the consequent change in the Company's own shares in a separate announcement later.