OMV : Results of OMV’s Annual General Meeting 2022

Results of OMV's Annual General Meeting 2022

• Dividend of EUR 2.30 per share approved
• Dividend payment date on June 14, 2022
• Members of the Supervisory Board elected

OMV's Ordinary General Meeting has resolved on a dividend of EUR 2.30 per share for 2021. In addition, a new Remuneration Policy for the Executive Board, the Remuneration Report for the Executive Board and the Supervisory Board for 2021, the Long Term Incentive Plan 2022 and the Equity Deferral 2022 were resolved, and the elections to the Supervisory Board were carried out.

Today's Annual General Meeting approved a dividend of EUR 2.30 per share. The payment date is June 14, 2022. The annual financial statements approved by the Supervisory Board were presented. The Executive Board, except for the former Chairman of the Executive Board and CEO Rainer Seele, and the Supervisory Board were discharged for their activities in the 2021 financial year. Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H., Vienna, was elected as auditor and group auditor for the 2022 financial year.

The General Meeting has adopted a new Remuneration Policy for the Executive Board, which considers, amongst others, a higher weighting of sustainability aspects as well as key performance indicators to measure the implementation of the Strategy 2030.

Furthermore, the General Meeting approved the Long Term Incentive Plan 2022, a long-term remuneration instrument for the Executive Board members and selected senior managers as well as the Equity Deferral 2022, which is an integral part of the annual bonus agreement of the Executive Board Members.

Due to the resignation of Mrs. Christine Catasta and the expiry of the appointment of five out of currently ten Supervisory Board members elected by the General Meeting, all with effect as of the end of the General Meeting held on June 3, 2022, six Supervisory Board members were elected by the General Meeting:

• Mrs. Edith Hlawati
• Mrs. Elisabeth Stadler
• Mr. Robert Stajic
• Mr. Jean-Baptiste Renard
• Mr. Stefan Doboczky
• Mrs. Gertrude Tumpel-Gugerell

The voting results of the Ordinary OMV General Meeting 2022 can be found at http://www.omv.com/general-meeting.

Background information

OMV Aktiengesellschaft

With Group sales revenues of EUR 36 bn and a workforce of around 22,400 employees in 2021, OMV is amongst Austria's largest listed industrial companies.

In Chemicals & Materials, OMV through its subsidiary Borealis, is one of the world's leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers, and plastics recycling. Together with its two major joint ventures - Borouge (with ADNOC, in the UAE and Singapore) and Baystar™ (with TotalEnergies, in the USA) - Borealis supplies products and services to customers across the globe. OMV's Refining & Marketing business produces and markets fuels as well as feedstock for the chemical industry, operates three refineries in Europe, and holds a 15% stake in a refining joint venture in the UAE. OMV operates around 2,100 filling stations in ten European countries. In addition, the activities include Gas & Power Eastern Europe where it also operates a gas-fired power plant in Romania. In Exploration & Production, OMV explores and produces oil and gas in the four core regions of Central and Eastern Europe, Middle East and Africa, North Sea, and Asia-Pacific. Average daily production in 2021 included production from a joint venture in Russia and amounted to 486,000 boe/d with a focus on natural gas (~60%). As of March 1, 2022, Russian entities are no longer consolidated. Its activities include Gas Marketing Western Europe, where it also operates gas storage facilities in Austria and Germany.

OMV intends to transition from an integrated oil, gas, and chemicals company to become a leading provider of innovative and sustainable fuels, chemicals, and materials, while taking a leading global role in the circular economy. By switching over to a low-carbon business, OMV is striving to achieve net zero in all three Scopes by 2050 at the latest.