Adhoc report - Securing feedstock for sustainable aviation fuel production in Petrobrazi refinery starting 2028
Adhoc report in compliance with Law no. 24/2017 on issuers of financial instruments and market operations and Financial Supervisory Authority’s Regulation no. 5/2018 regarding issuers of financial instruments and market operations, as amended (“Regulation no. 5/2018”)
Date of report: 19 June 2025
Name of issuer: OMV Petrom S.A.
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: J1997008302407
Share capital: RON 6,231,166,705.80
Regulated market on which the issued securities are traded: Bucharest Stock Exchange
Significant event to be reported:
Securing feedstock for sustainable aviation fuel production in Petrobrazi refinery starting 2028. Reporting in accordance with article 234 paragraph (1) letter i) of the Regulation no. 5/2018.
OMV Petrom SA concluded a supply contract with Astra Bioplants Ltd for the acquisition of pre-treated used cooking oil.
The contract was concluded for a period of five years, with the possibility of extension for three additional years, with deliveries to begin in 2028. Pre-treated used cooking oil is the raw material for the production of sustainable aviation fuel (SAF) that will be processed in the SAF/HVO plant currently in construction at the Petrobrazi refinery. Pricing is based on a formula that is indexed to an international quotation.
The maximum total quantity of the contract is 0.6 million tonnes, with an estimated value of over EUR 700 million at current market quotations.
Considering also the supply contract for pre-treated vegetable oil concluded in June 2024, OMV Petrom secured more than 80% of the feedstock for the first 8 years of production at the SAF/HVO plant in execution phase.
Astra Bioplants Ltd is a Bulgarian company, the largest producer of biodiesel in the region and a longtime partner of OMV Petrom.
Christina Verchere
Chief Executive Officer
President of the Executive Board
Alina Popa
Chief Financial Officer
Member of the Executive Board