Omv Petrom Sa · BVB:SNP

Omv Petrom Sa — Shareholder Meeting (April 2022)

12 slides from Omv Petrom Sa's shareholder meeting presentation, Apr 27, 2022

  1. Slide 1: General Meeting of Shareholders: 2021 Overview and 2030 Strategy

    General Meeting of Shareholders OMV Petrom 2021 Overview and 2030 Strategy Christina Verchere, CEO and President of the Executive Board April 27, 2022 OMV Upstream

  2. Slide 2: Agenda

    Agenda Highlights 2021 Strategy 2030

  3. Slide 3: Romanian environment

    Romanian environment 2021 Macroeconomic environment GDP1 +5.6% CPI inflation2 8.2% Demand in Romania Fuels3 +12% Gas4 +2% Power5 +5% 1 Romanian National Institute of Statistics; 2 end-December 2021; 3 Fuels refer only to retail diesel and gasoline; OMV Petrom estimates; 4 According to company estima

  4. Slide 4: Market context

    Market context 71 USD/bbl Brent price (+69%) 5.5 Refining margin USD/bbl (>90%) 218 BRM day ahead avg. price RON/MWh (+289%) 547 OPCOM baseload RON/MWh price (+187%)

  5. Slide 5: Financial highlights

    Financial highlights 2.9 net income bn RON (+122%) 2.8 bn RON investments (-12%) 12.3 bn RON Contributions to state budget (+28%) 1.9 bn RON 2021 Dividend proposal (+10%)

  6. Slide 6: Operational performance

    Operational performance Upstream 127 thousand barrels production in RO per day (-7.6%)* Refinery utilization rate 97% Retail volumes in RO 2.5 mn tons (+12%) Gas sales to third parties 38.4 TWh (-20%) Net electrical output 4.8 TWh (+15%) *Excluding divestments

  7. Slide 7: Key events

    Key events 2021 key events  Strategy 2030 launched  Dividend policy: 5-10% annual increase  Cooperation with Romgaz for Neptun Deep  PSC Georgia signed  Regional expansion of EVs network  103 new MyAuchan stores  First LNG delivery

  8. Slide 8: EUR 11 bn to transform for a lower carbon future

    EUR 11 bn to transform for a lower carbon future Transition to low and zero carbon Grow regional gas Optimize traditional business

  9. Slide 9: Building a diversified, integrated energy transition business

    Building a diversified, integrated energy transition business OMV Petrom portfolio 2030 Renewable power Gas Biofuels Gas based Alternative power mobility Fuels CCU&S Adding 5 low carbon Blue and Oil business activities green H2 by 2030 Low and zero carbon Regional gas Traditional business 5

  10. Slide 10: Paving the way to Net Zero operations in 2050

    Paving the way to Net Zero operations in 2050 Scope 1 – 2 emissions Scope 1 – 2 carbon intensity mn t CO2 eq reduction % vs 2019 4.9 -50% E&P Refining Power 4.3 -30% > 15% > 20% > 70% -30% 2010 2019 2030 Gas & Power Refining & Marketing Exploration & Production

  11. Slide 11: Strategy 2030 – focus areas in 2022

    Strategy 2030 – focus areas in 2022 Transition to  Alternative mobility: ~100 recharging low and zero stations to be installed carbon  Renewable power: develop the portfolio  Bioethanol: first steps towards producing second generation bioethanol Grow regional  Neptun: FID in 2023 gas  Bulgaria:

  12. Slide 12: Thank you!

    ® OMV Petrom The energy for a better li

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