Business description: Repsol S.A.

Repsol S.A. is one of Spain's leading oil and gas companies. Net sales (before intra-group eliminations) break down by activity as follows:

- crude oil refining (56.7%; No. 1 in Spain): 41.3 million tons of crude oil refined and 46.2 million tons of petroleum products produced (gasoline, fuel oil, liquefied petroleum gas, bitumen, lubricants, biofuels, etc.) in 2025. In addition, Repsol S.A. is developing trading activities in lubricants, aviation fuels, bitumen and specialty products (7,811 Kt sold in 2025), liquefied petroleum gas (1,158 Kt sold) and petrochemicals (1.8 Mt of products sold);

- distribution of petroleum products (36.4%): operation, at the end of 2025, of a network of 4,430 service stations located in Spain (3,253), Portugal (533), Peru (477), and Mexico (167). The group is also developing electricity and natural gas distribution activities (8,568 GWh of electricity and 2,239 GWh of gas sold in 2025);

- oil and natural gas exploration and production (5.6%): 548,000 barrels of hydrocarbons produced per day in 2025;

- electricity production from renewable sources (1.4%): 11,584 GWh of electricity produced.

Net sales are distributed geographically as follows: Spain (59.4%), Portugal (5.6%), Europe (9.8%), Peru (7%), the United States (6.5%) and other (11.7%).

Number of employees: 24,523

Sales by Activity: Repsol S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Industrial

39.58B 61.42B 46.37B 44.15B 41.78B

Customer

- - 26.93B 25.34B 26.82B

Upstream

5.01B 6.95B 4.98B 5.07B 4.11B

Low Carbon Generation

- - 1B 606M 1.01B

Corporate and Others

-16.53B -27.11B -20.33B -18.04B -18.87B

Commercial and Renewables

21.68B 33.9B - - -

Geographical breakdown of sales: Repsol S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Spain

24.34B 43.49B 33.46B 31.12B 32.58B

Other

16.62B 18.51B 14.25B 15.88B 11.86B

Peru

2.46B 5.42B 4.6B 4.24B 3.83B

USA

3.35B 4.3B 3.55B 2.69B 3.54B

Portugal

2.98B 3.43B 3.09B 3.18B 3.05B

Executive Committee: Repsol S.A.

Manager TitleAgeSince
Chief Executive Officer 56 29/04/2014
Director of Finance/CFO - 30/07/2018
Chief Tech/Sci/R&D Officer 69 30/06/2018
General Counsel - 25/04/2023
Investor Relations Contact - -

Composition of the Board of Directors: Repsol S.A.

Director TitleAgeSince
Director/Board Member 77 28/12/2005
Chairman 78 22/07/1996
Director/Board Member 72 24/04/2013
Director/Board Member 56 31/12/2007
Director/Board Member 79 27/01/2015
Director/Board Member - 18/05/2017
Director/Board Member 62 18/05/2017
Director/Board Member 57 10/05/2018
Director/Board Member 71 10/05/2018
Director/Board Member - 30/05/2019

Shareholders: Repsol S.A.

NameEquities%Valuation
Norges Bank Investment Management
3.169 %
35,033,411 3.169 % 936 M €
0.1696 %
1,874,966 0.1696 % 50 M €
Santander Private Banking Gestion SA SGIIC
0.1595 %
1,763,233 0.1595 % 47 M €
Magallanes Value Investors SA SGIIC
0.1299 %
1,435,448 0.1299 % 38 M €
DIVAS Asset Management AG
0.099 %
1,094,668 0.099 % 29 M €
NameEquities%Valuation
RhumbLine Advisers LP
0.003845 %
42,498 0.003845 % 1 M €
Yousif Capital Management LLC
0.001855 %
20,508 0.001855 % 579 966 €
Atlas Capital Advisors, Inc.
0.001447 %
15,995 0.001447 % 452 339 €
GAMMA Investing LLC
0.000842 %
9,310 0.000842 % 263 287 €
The Huntington National Bank (Columbus, Ohio)
0.000378 %
4,176 0.000378 % 118 097 €

Holdings: Repsol S.A.

NameEquities%Valuation
1,874,966 0.17% 50 M $

Company details: Repsol S.A.

Repsol SA

Campus Repsol Mendez Alvaro, 44

28045, Madrid

+34 91 753 81 00

http://www.repsol.com
address Repsol S.A.(REP)

Group companies: Repsol S.A.

NameCategory and Sector
FEHI Holding SARL
Integrated Oil
Integrated Oil
Specialty Insurance
Specialty Insurance

Other Oil & Gas Refining and Marketing

Change 5d. change 1-year change 3-years change Capi.($)
+0.52%+1.90%+92.71%+69.01% 28.8B
+0.80%+4.23%+40.84%+44.43% 633B
-1.81%-6.83%-8.05%+7.44% 193B
+1.17%+2.05%+48.51%+13.54% 113B
-1.75%-2.82%+9.80%-13.18% 87.61B
+1.20%+5.33%+80.49%+135.89% 78.83B
-0.11%+2.71%+52.16%+126.45% 72.64B
+0.27%+3.56%+82.23%+121.47% 72.68B
-0.18%+1.90%+37.54%+83.98% 68.76B
+0.70%+5.67%+78.80%+196.33% 63.95B
Average +0.05%+1.83%+51.50%+78.54% 141.19B
Weighted average by Cap. +0.19%+2.09%+40.40%+55.94%
Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
22.33EUR
Average target price
24.18EUR
Spread / Average Target
+8.30%

Quarterly revenue - Rate of surprise