Adhoc report - Securing feedstock for HVO production in Petrobrazi refinery starting 2028

In compliance with Law no. 24/2017 on issuers of financial instruments and market operations (republished) and Financial Supervisory Authority's Regulation no. 5/2018 regarding issuers of financial instruments and market operations, as amended ("Regulation no. 5/2018")

Date of report: 27 June 2024

Name of issuer: OMV Petrom S.A.

Headquarters: Bucharest, 22 Coralilor Street, District 1, ("Petrom City")

Telephone/fax number: +40 372 161930/ +40 372 868518

Sole registration number at the Trade Register Office: 1590082

Fiscal attribute: RO

Trade Register Number: J 40/8302/1997

Share capital: RON 6,231,166,705.80

Regulated market on which the issued securities are traded: Bucharest Stock Exchange

Significant event to be reported:

Securing feedstock for HVO production in Petrobrazi refinery starting 2028. Reporting in accordance with article 234 paragraph (1) letter i) of the Regulation no. 5/2018.

OMV Petrom SA concluded a supply contract with Expur S.A. for the acquisition of fully refined vegetable oil. The contract was concluded for a period of six years, with the possibility of extension for additional two years, with deliveries to begin in 2028. This feedstock is the raw material for the production of renewable diesel (HVO - Hydrotreated Vegetable Oil) that will be processed in a new HVO/SAF plant in the Petrobrazi refinery, for which the company took the final investment decision in June 2024. Pricing is based on a formula that is indexed to an international quotation.

The maximum total quantity of the contract is over 0.7 million tonnes, with an estimated value of over EUR 750 million, depending on the ordered quantity.

At least 50% of the contracted quantity of fully refined vegetable oil under this partnership comes from Romania, thus ensuring a sustainable flow throughout the entire supply chain, from production to product placement on the local market.

Expur S.A. is a Romanian company part of Avril Group, one of the largest producers of vegetable oil and biodiesel in Europe.

Christina Verchere
Chief Executive Officer
President of the Executive Board

Alina Popa
Chief Financial Officer
Member of the Executive Board

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OMV Petrom SA published this content on 27 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2024 08:24:09 UTC.