Corporate Documents & Policies

Our Strategy 2030 is expected to generate significant free cash flows which support our investment plans and a highly competitive dividend. In this context, we are updating our dividend policy and provide a new dividend guidance.

The dividend policy is: “OMV Petrom S.A. (“the Company”) is committed to deliver a competitive shareholder return throughout the business cycle, including paying a progressive dividend, in line with financial performance and investment needs, considering the long-term financial health of the Company. In a favorable market environment and at management discretion, special dividends may also be distributed, provided that the Company’s investment plans are funded.”

The Company maintains the target to increase its base dividend per share by 5% - 10% per annum by 2030.

Moreover, the Company provides a new guidance to distribute total dividends (base and special) between 40-70% of the operating cash flow each year by 2030. On average for 2022-2030, total dividends are expected to account for approximately 50% of the operating cash flows (40% before), in a base case price scenario (updated on June 18, 2024).

Our activity is guided by Environmental, Social, and Governance (ESG) principles and we integrate ethical practices, community support and environmental care into our operations. Through our Strategy 2030, we are committed to transitioning to a low-carbon future, embedding sustainability into our core business strategy and contributing to the UN Sustainable Development Goals with clear targets and actions aimed at achieving net-zero operations by 2050.

Our sustainability efforts concentrate on four focus areas:

• Climate change & Energy Transition
• Run Responsible Operations
• Leverage Innovation & Digitalization
• Foster People & Communities

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