Slide 1: Q3 2025 Results Conference Call
Q3 2025 Results Conference Call Alfred Stern Chairman of the Executive Board and CEO October 29, 2025
Slide 2: Disclaimer
Disclaimer © 2025 OMV Aktiengesellschaft, all rights reserved, no reproduction without our explicit consent. This presentation contains forward-looking statements. Forward-looking statements may be identified by the use of terms such as “outlook”, “believe”, “expect”, “anticipate”, “intend”, “plan”,
Slide 3: Macro environment
Macro environment Oil prices Gas prices USD/bbl EUR/MWh Q3 2025 vs. Q3 2024 Average Brent price Average realized crude price Trading Hub Europe (THE) Realized gas price Brent oil –14% 44 48 80 35 36 33 75 76 69 38 78 72 73 68 25 31 29 27 THE gas price -5% 66 66 Q3/24 Q4/24 Q1/25 Q2/25 Q3/25 Q3/24 Q4
Slide 4: Overview Q3 2025
Overview Q3 2025 Operational performance Clean CCS Clean CCS EPS Cash flow from Q3 2025 vs. Q3 2024 Operating Result EUR operating activities EUR mn EUR mn Hydrocarbon production +20% 1,262 +72% 1.82 1,421 -23% –8% 1,051 222 1,031 1,083 1,094 Fuel sales volumes 135 +1% 200 1.18 204 413 1.06 242 702
Slide 5: Energy – lower oil prices and impact of OMV Sapura divestment partially offset by higher sales volumes
Energy – lower oil prices and impact of OMV Sapura divestment partially offset by higher sales volumes Clean Operating Result • Market environment EUR mn • Lower realized crude oil price (–15%), higher realized natural gas price (+10%) –80 • Negative impact of EUR/USD FX development of EUR (70) mn G
Slide 6: Fuels – substantially stronger refining margins and a significantly higher ADNOC Refining & Trading result
Fuels – substantially stronger refining margins and a significantly higher ADNOC Refining & Trading result Clean CCS Operating Result EUR mn +208 • Refining indicator margin more than doubled to USD 413 11.5/bbl driven by stronger middle distillate and gasoline 43 cracks amid tight supply conditions
Slide 7: Chemicals – challenging market environment more than offset by positive effect of Borealis reclassification
Chemicals – challenging market environment more than offset by positive effect of Borealis reclassification Clean Operating Result EUR mn • Market environment − Higher olefin indicator margins (ethylene +9%, propylene +10%) +87 − Higher PE indicator margin, lower PP indicator margin 222 (PE +6%, PP
Slide 8: Cash flow from operations of EUR 3.5 bn in 1-9/25
Cash flow from operations of EUR 3.5 bn in 1-9/25 • Cash flow from operating activities of EUR 3.5 bn in 9m/25 EUR bn − Dividends from at-equity accounted companies of EUR 505 mn -20% 1-9/2024 (9m/24: EUR 717 mn), mainly from Borouge and ADNOC Refining & 4.4 1-9/2025 Global Trading − Net working cap
Slide 9: Strong balance sheet – continued low leverage ratio and high cash position
Strong balance sheet – continued low leverage ratio and high cash position EUR bn, % End of September 2025 9.3 OMV cash position EUR 4.6 bn 1 6.0 32% Net debt in EUR bn Leverage ratio 4.2 End of September 2025 21% 3.2 OMV undrawn committed 2.2 2.1 16% credit facilities 12% 8% 8% EUR 4.2 bn 2020 2021
Slide 10: Updated outlook 2025
Updated outlook 2025 2023 2024 1-9/25 FY 2025 Brent oil price (USD/bbl) 83 81 71 ~70 THE (Trading Hub Europe) gas price (EUR/MWh) 41 35 39 Slightly <40 (previously ~40) OMV average realized gas price (EUR/MWh) 29 25 32 30–35 MARKET OMV refining indicator margin Europe (USD/bbl) 11.7 7.1 8.8 >9 (prev
Slide 11: Appendix
OMV GROUP Appendix
Slide 12: Energy – higher contribution from Gas Marketing & Power partially offset by lower gas price
Energy – higher contribution from Gas Marketing & Power partially offset by lower gas price • Market environment Clean Operating Result EUR mn • Flat realized oil price, but lower natural gas price (-6%) • Negative impact of EUR/USD FX development +34 622 • Stable oil and gas production at 304 kboe/
Slide 13: Fuels – higher margins and higher sales volumes
Fuels – higher margins and higher sales volumes Clean CCS Operating Result EUR mn +171 413 • Higher refining indicator margin by USD 3/bbl 51 • Higher refinery utilization rate Europe at 91% (+8 pp) 35 • Higher fuel sales volumes (+5%) 84 • Higher retail performance due to seasonally higher sales 24
Slide 14: Chemicals – weaker market, compensated for by less negative inventory effect and stronger Borouge result
Chemicals – weaker market, compensated for by less negative inventory effect and stronger Borouge result Clean Operating Result EUR mn • Market environment +22 − Lower olefin indicator margins (ethylene -3%, propylene -4%) 222 − Lower PE indicator margin, lower PP indicator margin (PE -4%, PP – 44 4
Slide 15: Strong balance sheet
Strong balance sheet Balance sheet Sep. 30, 2025, vs. June 30, 2025 EUR bn • Property, plant & equipment: in addition to investments (mostly Neptun Deep as well as 46.0 45.5 45.5 46.0 UpHy Large) this position was impacted by the reassessment of decommissioning costs Tangible & Stockholders’ equity
Slide 16: Sensitivities of OMV Group results in 2025
Sensitivities of OMV Group results in 2025 Annual impact excl. hedging Clean CCS Operating EUR mn Operating Result cash flow Brent oil price (USD +1/bbl) +50 +35 Realized gas price (EUR +1/MWh) +45 +30 OMV refining indicator margin Europe (USD +1/bbl) +110 +100 Ethylene indicator margin Europe (EUR
Slide 17: OMV GROUP
OMV GROUP