In compliance with Law no. 24/2017 on issuers of financial instruments and market operations and Financial Supervisory Authority Regulation no. 5/2018 on issuers of financial instruments and market operations
Date of report: February 1, 2024
Name of issuer: OMV Petrom S.A. (“OMV Petrom”)
Headquarters: Bucharest, 22 Coralilor Street, District 1, („Petrom City”)
Telephone/fax number: +40 372 161930/ +40 372 868518
Sole registration number at the Trade Register Office: 1590082
Fiscal attribute: RO
Trade Register Number: J 40/8302/1997
Share capital: 6,231,166,705.80 RON
Regulated market on which the issued securities are traded: Bucharest Stock Exchange
Significant event to be reported: Executive Board’s initial proposal regarding base dividend distribution for the financial year 2023 and intention to announce special dividends in 2024
In accordance with the legal and statutory provisions, it is under the Executive Board’s duty to make recommendations to the shareholders regarding the distribution of profits.
Based on the preliminary results for the year ended December 31st, 2023, the Executive Board of OMV Petrom S.A. proposes a gross base dividend of RON 0.0413/share for the 2023 financial year, which is a 10% year on year increase, at the high end of the 5-10% range stated in the dividend guidance.
The Executive Board of OMV Petrom S.A. also announces the intention to propose a special dividend in 2024.
The proposal for the base dividend and the intention to propose a special dividend comply with the current dividend policy, as well as the dividend guidance as published on the OMV Petrom S.A.’s corporate website.
The Executive Board’s final proposal for the distribution of base dividends for the financial year 2023 will be submitted for approval to the April 2024 Ordinary General Meeting of Shareholders after the approval by the Supervisory Board, following Audit Committee review.
The potential distribution of special dividends will be subject to a future Ordinary General Meeting of Shareholders.
Chief Executive Officer
President of the Executive Board
Chief Financial Officer
Member of the Executive Board