OMV Petrom S A : Resolutions passed by the Ordinary General Meeting of Shareholders of OMV Petrom S.A.

Resolutions passed by the Ordinary General Meeting of Shareholders of OMV Petrom S.A.

• Distribution of dividends in gross value of RON 1.76 billion for the financial year 2020
• Investments of RON 3.3 billion for 2021
• New members in the Supervisory Board

OMV Petrom announces the resolutions passed by the Ordinary General Meeting of Shareholders on April 27, 2021. They include, among others, the approval of OMV Petrom S.A. budget for the current year, the distribution of dividends for the financial year 2020 and the appointment of four new members to the Supervisory Board.

'OMV Petrom honors its commitments to its shareholders, including the Romanian state, and distributes dividends similar to 2019, despite the volatile and challenging environment generated by the pandemic. The dividend yield is competitive compared to that of our regional peers. This reflects the good financial and operational performance of OMV Petrom at a time when the resilience of our industry has been heavily challenged by the pandemic, along the entire value chain', said Christina Verchere, CEO OMV Petrom.

The Ordinary General Meeting of Shareholders approved the Executive Board proposal to distribute gross dividends of RON 0.031/share for the financial year 2020, maintaining the same level as in the financial year 2019. The total gross value of the dividends to be distributed amounts to RON 1.76 billion, accounting for 136% of the net profit attributable to OMV Petrom S.A. shareholders for 2020.

Approximately RON 360 million will be distributed to the Romanian state who holds 20.6% of OMV Petrom S.A. shares, via the Ministry of Energy. Between 2005 and 2020, OMV Petrom has been distributing dividends of approximately RON 3.5 billion to the Romanian state (including amounts to be paid in 2021 for the fiscal year 2020).

Also, the Ordinary General Meeting of Shareholders approved the OMV Petrom S.A. budget for 2021, which provides for investments in amount of 3.3 billion lei.

The Ordinary General Meeting of Shareholders approved the appointment of four new members to the Supervisory Board of OMV Petrom, namely Elena Skvortsova, Wolfram Krenn, Răzvan Nicolescu and Marius Ștefan together with the existing members Rainer Seele, Johann Pleininger, Daniel Turnheim, Jochen Weise and Niculae Havrileț. The mandate of the Supervisory Board will be for 4 years and will begin on April 28, 2021.

Based on the Supervisory Board proposal, Ordinary General Meeting of Shareholders of OMV Petrom also approved a Remuneration Policy, to be applicable starting 2021 financial year, for the Executive Board and Supervisory Board of the Company. The variable remuneration of the OMV Petrom Executive Board includes criteria directly related to the Company's sustainability performance (total recordable incident rate, carbon reduction goals, other HSSE KPIs, etc). This reflects the company's commitment to focus on the Environmental and Social priorities that are relevant for the oil and gas industry, OMV Petrom and its shareholders.

About OMV Petrom

OMV Petrom is the largest integrated energy company in South-Eastern Europe, with an annual Group hydrocarbon production of 53 million boe in 2020. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high efficiency power plant. The Group is present on the oil products retail market in Romania and neighboring countries through 793 filling stations, at the end of 2020, under two brands - OMV and Petrom.

OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51% stake in OMV Petrom. The Romanian State, through the Ministry of Energy, holds 20.6% of OMV Petrom shares, Fondul Proprietatea holds 7%, and 21.4% is the free float on the Bucharest Stock Exchange and the London Stock Exchange.

OMV Petrom is the largest contributor to the state budget, with contributions of approximately 32 billion euro in taxes and dividends paid between 2005 and 2020.

Since 2007, OMV Petrom has included corporate responsibility principles into its business strategy. Between 2007 and 2020, the company has allocated approximately 72 million euro to develop communities in Romania, focusing on environmental protection, education, health and local development.

On July 29th, 2020, OMV Petrom announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) regarding risks and opportunities on climate change.