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Oil & Gas Virtual Investor Conference NOVEMBER 5, 2026
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This presentation contains forward-looking statements. forward-looking statements may be identified by the use of terms such as “outlook”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “target”, “objective”, “estimate”, “goal”, “may”, “will” and similar terms, or by their context. These forward-looking statements are based on beliefs, estimates and assumptions currently held by and information currently available to OMV. By their nature, forward-looking statements are subject to risks and uncertainties, both known and unknown, because they relate to events and depend on circumstances that will or may occur in the future and are outside the control of OMV. Consequently, the actual results may differ materially from those expressed or implied by the forward-looking statements. Therefore, recipients of this report are cautioned not to place undue reliance on these forward-looking statements. Neither OMV nor any other person assumes responsibility for the accuracy and completeness of any of the forward-looking statements contained in this presentation. OMV disclaims any obligation and does not intend to update these forward-looking statements to reflect actual results, revised assumptions and expectations and future developments and events. This presentation does not contain any recommendation or invitation to buy or sell securities in OMV. © 2026 OMV Aktiengesellschaft, all rights reserved, no reproduction without our explicit consent. 2 Disclaimer OMV CAPITAL MARKET STORY, NOVEMBER 2026
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Three strong integrated pillars delivering long-term value OMV CAPITAL MARKET STORY, NOVEMBER 2026 3 Financial strength through the cycle Agile transformation Strong underlying core businesses generating high cash flows Chemicals and Gas as primary growth drivers Attractive shareholder distributions Energy Fuels Chemicals E&P Gas Marketing & Power Gas (e.g. Neptun Deep) Renewable power Geothermal energy Growth areas Refining Marketing Retail Aviation and CRT SAF and e-mobility Base chemicals Polyolefins Borouge International ReOil® Clean CCS ROACE ≥12%
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OMV CAPITAL MARKET STORY, NOVEMBER 2026 Integrated model delivering strong cash flow 4 1 incl. NWC effects Chemicals ~30% Fuels ~20% Cash flow from operating activities 2021-2025 average1 +18% Dividend per Share CAGR 2021-2025 13% Clean CCS ROACE Average 2021-2025 Energy ~50%EUR 6.2 bn Organic capex 2021-2025 average EUR 3.5 bn Chemicals ~30% Fuels ~25% Energy ~45%
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Financial highlights Q3 2026 885 936 622 446 413 429 222 Q3/25 Q2/26 63 1,124 Q3/26 1,262 1,706 2,117 +68% 1.8 2.9 3.5 Q3/25 Q2/26 Q3/26 +95% 1,094 1,315 2,199 Q3/25 Q2/26 Q3/26 +101% Clean CCS Operating Result EUR mn Clean CCS EPS EUR Cash flow from operating activities EUR mn Chemicals Fuels Energy Consolidation and Others Hydrocarbon production 294 kboe/d OMV refinery utilization rate 92% OMV steam cracker utilization rate 82% 5 Operational performance Q3 2026 OMV CAPITAL MARKET STORY, NOVEMBER 2026
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Attractive shareholder distributions through growing regular dividend plus additional variable dividend OMV CAPITAL MARKET STORY, NOVEMBER 2026 1 Based on share price as of Dec 31, 2025; 1.20 2016 1.50 2017 1.75 2018 1.75 2019 1.85 2020 2.30 2021 2.25 2.80 2022 2.10 2.95 1.00 1.70 3.05 2024 1.25 3.15 20252015 1.00 1.20 1.50 1.75 1.75 1.85 2.30 5.05 5.05 4.75 4.40 2023 Additional variable dividend Progressive regular dividend Attractive dividend yield % of CFFO 21 29 28 28 Dividend yield % 10.5 12.7 12.7 9.31 Increase in the overall dividend since 2015: 16% CAGR >4x Increase in the regular dividend since 2015: 12% CAGR >3x 6
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Accelerate chemical growth through Borouge International, feedstock integration and driving circular innovation Strengthen profitable fuels business while capturing opportunities in sustainable mobility We continue our transformation toward an integrated energy, fuels, and chemicals company – with a strong focus on value OMV CAPITAL MARKET STORY, NOVEMBER 2026 7 Net zero by 2050 ambition1 in Scope 1, 2 and 3 High cash flow generation | Clear investment criteria | Attractive and reliable shareholder returns Grow gas and selectively advance renewables 1 Please find more information on OMV’s Climate Transition Plan in the / Combined Annual Report 2025.
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OMV CAPITAL MARKET STORY, NOVEMBER 2026 Energy – 2030 strategic ambitions E&P • Execute on increased pipeline of organic projects • Focus on cost and efficiencies • Pursue value-accretive inorganic opportunities that leverage OMV’s strengths and unlock additional synergies Gas Marketing & Power • Unlock significant value by expanding trading and sales in Europe • Strengthen profitability by leveraging a multi commodity trading platform – making gas a key enabler in the company’s portfolio Renewables • Enable OMV Petrom to establish leadership in the power sector across SEE • Build up position in geothermal energy 8 <30 USD/boe Oil & gas portfolio cash break-even by 2030 <9 USD/boe Organic unit production cost by 2030 ~400 kboe/d Oil & gas production by 2030
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Neptun Deep first gas expected in the first half of 2027 9 • 4 years to market, 2 years faster than industry average • Plateau production to be reached by end-Q3 2027 • Fully remotely operated production platform • Almost 90% project completion with 8 out of 10 wells drilled • Installation of pipeline to shore completed • Completion of production wells • Installation and integration of subsea infrastructure • Implementation of comprehensive testing program A game-changing project Upcoming milestones Q3 2026 CONFERENCE CALL, OCTOBER 29, 2026 Development CAPEX (100%) EUR bn ~4 Plateau production (100%) nearly 10 years kboe/d 140 Production cost USD/boe ~3 Estimated recoverable volumes (100%) mn boe 700 IRR Life of Field % >12 Clean Operating Result1 EUR bn ~0.5 Key facts 1 Contribution to Group clean Operating Result once plateau is reached 9 Operator: OMV Petrom (50%); Partner: Romgaz (50%)
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OMV CAPITAL MARKET STORY, NOVEMBER 2026 Fuels – 2030 strategic ambitions Marketing • Be the first mobility choice for retail customers, grow non-fuel business contribution and ramp-up EV capabilities • Grow sales volumes in commercial road transport and expand aviation footprint Renewable fuels and feedstocks • Capture growth potential in renewable fuels and chemical feedstock markets >50% 2030 CFFO growth vs 2024 EUR 200–300 mn Renewable fuels and chemical feedstock EUR ~600 mn Retail 10 Fuels Value Chain • Transformation in line with market demand and shift to more chemicals • Maximize integrated margins for traditional fuels across the entire value chain Clean CCS Operating Result contribution target in 2030
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OMV CAPITAL MARKET STORY, NOVEMBER 2026 Chemicals – 2030 strategic ambitions OMV base chemicals • Maximize utilization of OMV crackers • Further optimize end-to-end integration across value chain Renewables • Leverage technology and innovation for circular chemicals 1 excluding turnarounds USD >1 bn Borouge International floor dividend to OMV EUR ~200 mn OMV base chemicals contribution target to clean Operating Result in 2030 >90%1 Cracker utilization rate 11 Borouge International • Successful merger and integration • Deliver organic growth projects, efficiencies and synergies
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Delivering the Strategy 2030 – OMV and XRG create Borouge International 1 As of 2026 and including Borouge 4 capacities OMV CAPITAL MARKET STORY, NOVEMBER 2026 12 • OMV and XRG announced on March 31, 2026, the successful creation of the world’s leading pure-play polyolefins company • Fourth-largest polyolefins player globally1 with access to the largest, most attractive growth markets (Americas, Europe, Middle East, Asia) • OMV and XRG hold a 50% stake each as a result of OMV injecting EUR 1.5 bn cash into Borouge International to equalize ownership • Seasoned leadership team, combining deep industry expertise with a proven track record of strategic execution • Significant platform for growth with EBITDA expected to increase from a pro forma average of USD 4.5 bn in 2021– 2025 to USD >7 bn through the cycle • Substantial mid-term synergies of USD >500 mn by 2030 • Asset Usage Agreement allows Borouge PLC to operate and market the volumes of Borouge 4 while providing financial flexibility, with a recontribution of Borouge 4 not expected before 2029 • Strong credit ratings following the robust capital structure − S&P A (Negative) − Moody’s Baa1 (Stable) − Fitch A– (Stable) Borouge Borealis NOVA Chemicals
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Outstanding historical earnings performance and resilience OMV CAPITAL MARKET STORY, NOVEMBER 2026 EBITDA margin range, 2021–2025 Note: Current and past statements about BorougeInternational relate to the individual companies Borouge, Borealis, and NOVA Chemicals and are pro forma figures. In the case of BorougeInternational, the EBITDA margin refers to the aggregated adjusted EBITDA margin. 1 Specialty chemicals category leader includes Sika, Ecolab, Sherwin Williams, and Givaudan 2 Average for global chemicals players: CP Chemicals, Sabic, Dow, LyondellBasell, BASF 25% 20% 20% 18% 14% 13% 12%20% 22% 8% 8% 11% Specialty chemicals category leader1 11% Peer 1 15% Peer 2 Peer 3 Peer 4 Peer 5 Industry average 2025: 11%2 Average margin 2021–2025 2025 margin ~2x 2025 EBITDA margin vs. industry average Attractive margins in both up and down cycle – 2025 aggregated adjusted EBITDA margin twice as high as industry average margin Source: Company information, FactSet 13
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Capital allocation priorities: stronger focus on shareholder returns 01 Balanced investment portfolio framed by strict capital discipline 02 Competitive shareholder distributions via progressive regular dividend, plus an additional variable dividend when leverage ratio is below 30%, linked to operating cash flow and including a substantial share of Borouge International dividends attributable to OMV 03 Further growth and value creation guided by strict investment criteria 04 Mid/long-term target ratio below 30%; maintain investment grade credit rating 14 Upon completion of M&A in case leverage >30% ATTRACTIVE AND RELIABLE SHAREHOLDER RETURN M&A TO ACCELERATE GROWTH AND TRANSFORMATION DELEVERAGINGORGANIC CAPEX OMV CAPITAL MARKET STORY, NOVEMBER 2026
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Dividend policy update integrating benefits from Borouge International transaction Principle of progressive regular plus additional variable dividends maintained, with adjusted distribution base → → Award additional variable dividends when leverage ratio is <30% → OMV aims to increase regular dividends every year or at least to maintain the level of the respective previous year. OMV CAPITAL MARKET STORY, NOVEMBER 2026 15 → Starting with the financial year 2026, OMV will distribute 50% of Borouge International dividends attributable to OMV plus 20- 30% of cash flow from operating activities excluding Borouge International dividendsattributable to OMV (paid in 2027)
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OMV CAPITAL MARKET STORY, APRIL 2026 OMV’s investment case • Drive agile transformation and pace investments in sustainable businesses in line with market demand • Drive growth in Energy, enhance value in Fuels, and build world-class position with Borouge International in Chemicals • Significant increase of free cash flow by 2030 • Attractive and robust dividend policy, thanks to integrated business model and substantial Borouge International dividends more resilient to commodity price volatility 16