OMV - Petrom

Short History

- Founded in 1991

- Headquarters in, Bucharest,Romania

- Petroleum products, Petrochemicals, Microelectronics chemicals

- In 1999 Petrom discovered the biggest Romanian oil field in the last 25 years

- In late 2004, Petrom was privatized by the Romanian state and sold to Austrian oil company OMV

- In January 2006, Petrom purchased OMV's operations in Romania, Bulgaria and Serbia and Montenegro

- From 1 January 2010, the company changed its name to OMV Petrom

- In late January 2010, Petrom's shares (16.5%) were bought by a Polish investor and Petrom opened offices in Poland and South - Central Europe under a different name Royal Dutch Shell.

Environment

Leadership

OMV Petrom Strategy Update 2021: Sustainable performance for growth

Business Segmentation

Guiding Principles

Task environment

Our Strategy

Competitors: Rompetrol, Lukoil, MOL, and Eni Romania

Petrom aims to become the key player in the regional energy market.

OMV Petrom Wind Power: In order to leverage the value of natural gas, OMV Petrom took an important decision to move the value chain one step forward by developing their own power generation business.

Customers: Private Customers and Business Customers

CEO - Mariana Gheorghe

• responsible for: Corporate Affairs and Compliance; Communications and Sustainability; Legal; Strategy and Investor Relations; Health, Safety, Security and Environment; Human Resources; Operational Procurement; Regulatory and Corporate Public Affairs.

"Petrom’s strategic directions for 2021 reconfirm those outlined in the previous Strategy for 2015, ensuring continuity in the company’s development, and match the OMV Group strategy for 2021. Petrom aims to remain the leading regional, integrated oil and gas company with sustainable performance needed to support potential upstream growth in the neighboring Black Sea region. We believe Romania has a significant energy supply potential, which can reduce its dependency on imports. Petrom is well positioned to support the energy sector, thus contributing to economic growth in Romania."

Suppliers: OMV Petrom is the only supplier

We will focus our efforts on consolidating and expanding the hydrocarbons business, on business portfolio diversification from fuels to gas and power, on improving efficiency and maximizing the integration value in all units.

Dorobantu wind park is located in Dobrogea country, 50 km North-West of Constanţa, in the vicinity of Dorobanţu village. The site benefits from special wind conditions.

Distributors: 550 distribution stations in Romania and 269 in affiliated countries.

With annual investments of more than EUR 1 bn, we will continue to be a significant contributor to economic growth in Romania through the multiplying effect of our investments.

Mariana Gheorghe, CEO OMV Petrom

Board of Directors

General Environment

Exploration&Production: Petrom is the largest oil and gas group in Southeastern Europe, with activities in the business segments of Exploration and Production, Gas and Power as well as Refining and Marketing.

Our Vision

Economic Forces: in 2014 the Romanian PIB raised 1.8% that made oil prices rise as well.

Neil Anthony Morgan

• responsible for Refining and Marketing

Cristian Secoşan

• responsible for Gas and Power

Gabriel Selischi

• responsible for Exploration and Production

Andreas Peter Matje

• responsible for: Corporate Finance; Corporate Controlling; Internal Audit; Global Solutions

Technological Forces: diversified: crude oil, natural gas, petroleum products(gasoline, diesel fuel, kerosene), petrochemicals, and fertilizers.

Gas&Power future – Based on four pillars

• Identification and development of the most attractive markets for gas portfolio growth;

• Build-up and management of sales and supply positions;

• Development and management of supporting infrastructure (pipelines, storages);

• Maximizing the integrated value through portfolio optimization.

We committed ourselves to consolidate our position as leading oil and gas company in South-Eastern Europe, leveraging on our role as the OMV Group operational hub for marketing in South-Eastern Europe and for exploration and production in Romania and the Caspian region.

Social-cultural Forces: " We encourage the spirit of competition, we support performance and we contribute to promoting the true values of the Romanian sports."

Refining&Marketing: OMV Petrom S.A. operates two refineries in the most strategic industrial area, located in the South-Central region of Romania. The rated capacity of Petrobrazi is 4.5 mn tons/year and of Arpechim is 3.5 mn tons/year.

Crude oil is distributed to the refineries mainly through a crude pipeline network or railways tankers. Product delivery is done by railcar and truck.

Political-legal Forces: Petrom has a governmental policy that encourage investment in certain sectors.

SWOT analysis

Marketing

Our Mission

• Petrom is the leader of the Romanian retail market, with a network of about 500 filling stations. On a market which faces increasing competition from players such as Rompetrol, Lukoil, Mol and Agip, Petrom retains a strong competitive edge in terms of offering the best value for money products within the best located filling stations.

• On the Wholesale market, Petrom is a major business partner for companies and institutions acting in economy sectors such as Transportation, Industry, Construction and Mining, Agriculture or Public and Civil Authorities. Through its network of regional storage facilities or directly from the 2 refineries, Petrom delivers petroleum products to more than 5500 business customers.

We discover, produce and process oil & gas and distribute fuels and other oil products in order to provide Romania and neighboring regions with energy and mobility. The sustainable and profitable growth of our company is of benefit to our shareholders, customers, employees and the Romanian economy in general and is therefore at the focus of all our activities.

Our Values

Made by:

Professionalism

Professional excellence ensures lasting success.

We learn, we perform, we succeed.

Pioneering

Spirit of change for continuous development.

We explore, we move, we grow.

Alexandra Chirita

Denisa Radulescu

Andreea Matei

Ramona Manolache

Rolands Vanovskis

Partnership

Responsible relationships for mutual benefit.

We respect, we connect, we care.