Interim report
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Internal Q3 Quarterly Report 2026 Picture: Green hydrogen project at the Petrobrazi refinery
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 2 Content Directors’ report (condensed, unaudited) 5 Group performance 6 Outlook 2026 12 Business segments 14 Exploration and Production 14 Refining and Marketing 16 Gas and Power 18 Interim condensed consolidated financial statements with selected notes (unaudited) 20 Declaration of the management 30 Further information 31 Disclaimer This report does not, and is not intended to, constitute or form part of, and should not be construed as, constituting or for ming part of, any actual offer to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares issued by OMV Petrom S.A. (the Company) or any of its subsidiaries in any jurisdiction or any inducement to enter into investment activity; nor shall this document or any part of it, or the fact of it being made available, form the basis of, or be relied on in any way whatsoever. No part of this report, nor the fact of its distribution, shall form part of or be relied on in connection with any contract or investment decision relating thereto; nor does it const itute a recommendation regarding the securities issued b y the Company. The information and opinions contained in this report are provided as at the date of this report and may be subject to updating, revision, amendment or change without notice. Where this report quotes any information or statistics from any external source, it should not be interpreted that the Company has adopted or endorsed such information or statistics as being accurate. No reliance may be placed for any purpose whatsoever on the information contained in this report, or any other material discu ssed verbally. No representation or warranty, express or implied, is given as to the accuracy, fairness or currentness of the infor mation or the opinions contained in this document or on its completeness and no liability is accepted for any such information, for any loss howsoever arising, directly or indirectly, from any use of this report or any of its content or otherwise arising in connection therewith. This report may contain forward -looking statements. These statements reflect the Company’s current knowledge and its expectations and projections about futur e events and may be identified by the context of such statements or words such as “anticipate,” “believe”, “estimate”, “expect”, “intend”, “plan”, “project”, “target”, “may”, “will”, “would”, “could” or “should” or similar terminology. By their nature, forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s control that could cause the Company’s actual results and performance to differ materially from any expected future results or performance expressed or implied by any forward-looking statements. None of the future projections, expectations, estimates or prospects in this report should in particular be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared or the information and statements contained herein are accurate or complete. As a result of these risks, uncertainties and assumptions, you should in particular not place reliance on these forward-looking statements as a prediction of actual results or otherwise. This report does not purport to contain all information that may be necessary in respect of the Company or its shares and in any event each person receiving this report needs to make an independent assessment. The Company undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this report that may occur due to any change in its expectations or to reflect events or circumstance s after the date of this report. This report and its contents are proprietary to the Company and neither this document nor any part of it may be reproduced or redistributed to any other person.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 3 including interim unaudited condensed consolidated financial statements as of and for the period ended September 30, 2026 Highlights Q3/26ii OMV Petrom Group Clean CCS Operating Result at RON 2.8 bn, 103% higher, on improved results in all business segments Clean CCS net income attributable to stockholders of the parent at RON 2.2 bn, up by 47% Cash flow from operating activities at RON 3.7 bn, up by 67% CAPEX at RON 2.9 bn, 51% higher, mainly reflecting increased investments in Neptun Deep and SAF/HVO projects Free cash flow after dividends at RON 1.2 bn, up by 293%, reflecting mainly net effect of higher operating result and higher investments Clean CCS ROACE at 16%, 3 pp higher TRIR: 0.51 (Q3/25: 0.44)iii Exploration and Production Clean Operating Result at RON 1,170 mn vs. RON 437 mn in Q3/25, mainly reflecting higher commodity prices and favorable FX effect, partly offset by higher E&P taxation and lower sales volumes ; in addition, a solidarity contribution of RON 127 mn was booked as a special item Production decreased by 5.8%, mainly due to natural decline and impact from different maintenance schedules, partly offset by the contribution of workovers and new wells Unit production cost at USD 17.0/boe, improved by 6%, supported by cost efficiency measures Refining and Marketing Clean CCS Operating Result at RON 1,572 mn vs. RON 836 mn in Q3/25, on improved market conditions, partly counterbalanced by significantly lower retail and non -retail margins reflecting our moderate pricing policy; in addition, a solidarity contribution of RON 139 mn was booked as a special item OMV Petrom indicator refining margin at USD 41.7/bbl, supported by strong gasoline and diesel crack spreads ; the indicator refining margin impact is partly offset by higher crude supply, logistics and insurance costs triggered by the geopolitical context Refinery utilization rate at 100% (96% in Q3/25) Retail sales volumes increased by 6%, in the context of market distortions generated by regulatory interventions Gas and Power Clean Operating Result at RON 155 mn vs. RON 106 mn in Q3/25, on improved power business result Lower total gas sales volumes at 9.9 TWh, reflecting lower volumes to wholesalers Slightly higher Brazi power plant output, at 1.3 TWh, covering 12% of Romania’s electricity production Key events Additional solar capacity of around 130 MW, in partnership with Renovatio, entered commercial operations OMV Petrom reported strong progress in executing Strategy 2030 Neptun Deep advanced towards first gas, expected in the first half of 2027 OMV Petrom convened the Ordinary General Meeting of Shareholders (GMS) for 6 November 2026 to approve ~RON 1 bn increase in CAPEX budget for 2026 to ~RON 10 bn OMV Petrom advanced the SAF/HVO project at Petrobrazi OMV Petrom signed the contract to build a battery energy storage system for the Isalnita Solar park of ~20 MW OMV Petrom invested ~EUR 115 mn in modernizing Petrobrazi’s electrical infrastructure OMV Petrom celebrated 25 years on the Bucharest Stock Exchange: creating value for shareholders and Romania i The financials are unaudited and represent OMV Petrom Group’s (herein after also referred to as “the Group”) interim consolidated results prepared according to IFRS; all the figures refer to OMV Petrom Group, unless otherwise stated; financials are expressed in RON mn and rounded to the closest integer value, so minor differences may result upon reconciliation; OMV Petrom uses the National Bank of Romania exchange rates for its consolidation process. ii All comparisons described relate to the same quarter in the previous year except where mentioned otherwise. iii Total Recordable Injury Rate; the number of recordable injuries (fatalities + lost workday cases + restricted work day cases + medical treatment cases) per 1,000,000 hours worked. OMV Petrom Group resultsi for January – September and Q3 2026
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 4 OMV Petrom reported c hanges in the Supervisory Board : Ms. Emma Delaney was appointed as interim member of the Supervisory Board, effective 1 September 2026 , following Mr. Alfred Stern’s waiver of his mandate as Member and President of the Supervisory Board OMV Petrom progressed with the green hydrogen projects at the Petrobrazi refinery, with all modules delivered for the total 55 MW capacity, grid connection completed and ~EUR 50 mn EU funding received
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 5 Financial highlights Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 13,851 11,740 9,809 41 Sales revenues 2 35,165 26,836 31 2,782 1,505 1,368 103 Clean CCS Operating Result3 5,752 3,819 51 1,170 888 437 168 Clean Operating Result Exploration and Production3,4 2,718 1,920 42 1,572 747 836 88 Clean CCS Operating Result Refining and Marketing3 2,824 1,781 59 155 (22) 106 46 Clean Operating Result Gas and Power3 472 13 n.m. (37) (18) (28) (34) Clean Operating Result Co&O3 (90) (81) (12) (77) (91) 18 n.m. Consolidation (173) 186 n.m. 16 19 17 (2) Clean CCS Group effective tax rate (%) 17 16 8 2,249 1,066 1,527 47 Clean CCS net income3 4,443 3,810 17 2,249 1,066 1,527 47 Clean CCS net income attributable to stockholders of the parent3,6 4,443 3,810 17 0.0361 0.0171 0.0245 47 Clean CCS EPS (RON)3,6 0.0713 0.0611 17 2,782 1,505 1,368 103 Clean CCS Operating Result3 5,752 3,819 51 (106) (252) (170) 38 Special items5 (858) (306) (180) 111 (100) (52) n.m. CCS effects: Inventory holding gains/(losses) 390 (171) n.m. 2,788 1,152 1,146 143 Operating Result Group 5,283 3,342 58 1,012 585 192 426 Operating Result Exploration and Production4 2,229 1,592 40 1,644 810 847 94 Operating Result Refining and Marketing 3,146 1,638 92 280 (165) 137 105 Operating Result Gas and Power 199 (14) n.m. (38) (20) (30) (27) Operating Result Co&O (94) (86) (9) (110) (57) (0) n.m. Consolidation (196) 212 n.m. (94) (192) 466 n.m. Net financial result (375) 721 n.m. 2,694 960 1,612 67 Profit before tax 4,909 4,063 21 16 19 17 (2) Group effective tax rate (%) 17 16 12 2,256 774 1,345 68 Net income 4,057 3,433 18 2,256 774 1,345 68 Net income attributable to stockholders of the parent6 4,057 3,433 18 0.0362 0.0124 0.0216 68 EPS (RON)6 0.0651 0.0551 18 3,651 1,250 2,190 67 Cash flow from operating activities 7,555 6,866 10 1,238 (4,120) 315 293 Free cash flow after dividends (2,248) (1,240) (81) (2,782) (1,592) (5,748) (52) Net debt/(cash) including leases (2,782) (5,748) (52) (4,280) (3,261) (7,491) (43) Net debt/(cash) excluding leases (4,280) (7,491) (43) 2,891 2,152 1,914 51 Capital expenditure 6,637 5,229 27 16.0 13.9 12.8 25 Clean CCS ROACE (%)3 16.0 12.8 25 10.1 7.3 10.0 1 ROACE (%) 10.1 10.0 1 9,216 9,296 9,939 (7) OMV Petrom Group employees end of period 9,216 9,939 (7) 0.51 0.22 0.44 15 TRIR7 0.39 0.53 (26) 1 Q3/26 vs. Q3/25 2 Sales revenues excluding petroleum excise tax; 3 Adjusted for special items; Clean CCS (current cost of supply) figures exclude special items and inventory holding effects (CCS effects) resulting from Refining and Marketing; 4 Excluding intersegmental profit elimination shown in the line “Consolidation”; 5 Special items, representing exceptional, non-recurring items, are added back or deducted from the Operating Result; for more details please refer to each specific segment; 6 After deducting net result attributable to non-controlling interests; 7 To align to CSRD requirements, OMV Petrom Global Solutions S.R.L. was excluded from the calculation of TRIR starting 2025. The figures for Q3/25 and 9m/25 were restated. Directors’ report (condensed, unaudited)
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 6 Group performance Third quarter 2026 (Q3/26) vs. third quarter 2025 (Q3/25) Consolidated sales revenues significantly increased by 41% compared to Q3/25, positively impacted by higher price of commodities, higher sales volumes of electricity and petroleum products, partially offset by lower sales volumes of natural gas. Refining and Marketing segment represented 74% of total consolidated sales, Gas and Power segment accounted for 2 5%, while sales from Exploration and Production segment accounted only for 0.1% (sales in Exploration and Production being largely intra-group sales rather than third-party sales). The Clean CCS Operating Result amounted to RON 2,782 mn in Q3/26, higher compared to RON 1,368 mn in Q3/25, due to improved results in all business segments . The Clean Operating result of the Exploration and Production segment was higher at RON 1,170 mn (Q3/25: RON 437 mn), and in Refining and Marketing segment, the Clean CCS Operating Result increased to RON 1,572 mn (Q3/25: RON 836 mn). The Clean Operating Result of the Gas & Power segment slightly improved to RON 155 mn ( Q3/25: RON 106 mn). The C onsolidation line was RON (77) mn in Q3/26, mainly reflecting the margin elimination for gas quantities injected into storage (Q3/25: RON 18 mn). The Group Clean CCS effective tax rate was 16% (Q3/25: 17%). Clean CCS net income attributable to stockholders of the parent was RON 2,249 mn ( Q3/25: RON 1,527 mn). Special items comprised net charges of RON (106) mn, mainly related to temporary solidarity contribution of RON 266 mn, partially offset by net temporary gains from derivatives. Inventory holding gains amounted to RON 111 mn in Q3/26 (Q3/25: RON (52) mn), mainly as a result of the crude oil price evolution. In Q3/25, special items comprised net charges of RON (170) mn, mainly related to impairments in Exploration and Production segment. Reported Operating Result for Q3/26 increased to RON 2,788 mn (Q3/25: RON 1,146 mn). Net financial result was a loss of RON (94) mn in Q3/26, compared to a gain of RON 466 mn in Q3/25, mainly due to lower interest income, as Q3/25 was impacted by a positive outcome from litigation. Profit before tax for Q3/26 was RON 2,694 mn, higher compared to RON 1,612 mn in Q3/25. Income tax amounted to RON (438) mn, while the effective tax rate was 16% in Q3/26 (Q3/25: 17%). Net income/ (loss) attributable to stockholders of the parent was RON 2,256 mn (Q3/25: RON 1,345 mn). Capital expenditure amounted to RON 2,891 mn in Q3/26, 51% higher than in Q3/25 (RON 1,914 mn), mainly directed to Exploration and Production, with investments of RON 2,159 mn (Q3/25: RON 1,478 mn), to Refining and Marketing, with investments of RON 610 mn (Q3/25: RON 286 mn), while Gas and Power investments amounted to RON 117 mn (Q3/25: RON 130 mn). Corporate and Other investments were RON 5 mn (Q3/25: RON 20 mn).
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 7 Reconciliation of Clean CCS Operating Result to Reported Operating Result Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 2,782 1,505 1,368 103 Clean CCS Operating Result 5,752 3,819 51 (106) (252) (170) 38 Special items (858) (306) (180) (15) (20) (36) 59 thereof personnel restructuring (44) (125) 65 — — (219) n.a. thereof unscheduled depreciation / write-ups — (195) n.a. (91) (233) 86 n.m. thereof other (813) 15 n.m. 111 (100) (52) n.m. CCS effects: Inventory holding gains/(losses) 390 (171) n.m. 2,788 1,152 1,146 143 Operating Result Group 5,283 3,342 58 1 Q3/26 vs. Q3/25 Clean CCS Operating Result represents Operating Result adjusted for Special items and CCS effects. The disclosure of Special items is considered appropriate in order to facilitate the analysis of the ordinary business performance. To reflect comparable figures, certain items affecting the result are added back or deducted. These items can be divided into three categories: personnel restructuring, unscheduled depreciation and write-ups, and other. Furthermore, to enable effective performance management in an environment of volatile prices and comparability with peers, the Current Cost of Supply (CCS) effect is eliminated from the accounting result. The CCS effect, also called inventory holding gains or losses, represents the difference between the cost of sales calculated using the current cost of supply and the cost of sales calculated using the weig hted average method, after adjusting for any changes in valuation allowances, in case the net realizable value of the inventory is lower than its cost. In volatile energy markets, measurement of the costs o f petroleum products sold based on historical valu es (e.g. weighted average cost) can have a distorting effect on the reported results. This performance measurement enhances the transparency of the results and is commonly used in the oil industry. OMV Petrom, therefore, published this measurement in addition to the Operating Result determined in accordance with IFRS. In March 2026, the Government Emergency Ordinance (OUG 19/2026) imposed for Q2/26 a temporary margin cap at 2025 average levels for diesel and gasoline products sold in Romania, which prevented the realization of the upside coming from higher gasoline and diesel cracks, as well as from inventory holding gains on these regulated volumes. Consequently, for gasoline and diesel sold in Romania within the period of OUG 19/2026 (applicable from 1 April to 30 June 2026), no CCS adjustment was recorded (impact: around RON 65 mn).
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 8 Summarized interim consolidated statement of financial position (unaudited) in RON mn September 30, 2026 December 31, 2025 Assets Non-current assets 47,878 43,380 Current assets 16,059 17,394 Total assets 63,936 60,774 Equity and liabilities Total equity 38,668 38,178 Non-current liabilities 12,932 12,381 Current liabilities 12,337 10,215 Total equity and liabilities 63,936 60,774 Compared to December 31, 2025, non-current assets increased by RON 4,498 mn, to RON 47,878 mn, mainly due to the increase in property, plant and equipment, as additions during the period and the increase in decommissioning asset following reassessment exceeded the depreciation and net impairments. The reduction in current assets reflected lower cash and cash equivalents as well as lower other assets, mainly due to the surrender of emission certificates .These effects were partially compensated by the increase in trade receivables following higher sales, by the increase in inventories, mainly due to higher value of petroleum products and natural gas in stock , partly offset by lower imported crude oil in stock, and by higher financial assets in relation with derivatives. Equity increased to RON 38,668 mn as of September 30, 2026 , compared to RON 38,178 mn as of December 31, 2025 , mainly as a result of the net profit generated in 9m/26, partly offset by the distribution of base dividends for the financial year 2025 and of the special dividends. The Group’s equity ratio was 60% as of September 30, 2026, lower than the level of 63% as of December 31, 2025. As at September 30, 2026, total liabilities increased by RON 2,673 mn compared with December 31, 2025. Current liabilities increased due to higher financial liabilities, mainly in relation to derivatives, and higher other liabilities, largely related to higher taxation. The increase in non-current liabilities was mainly due to the reassessment of provisions for decommissioning and restoration obligations, largely following higher estimated costs also in relation to Neptun Deep project, partly offset by higher net discount rates. In addition, the increases in both current and non -current liabilities were partly offset by lower lease liabilities, mainly in relation to Neptun Deep project.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 9 Cash flow Q3/26 Q2/26 Q3/25 Δ%1 Summarized cash-flow statement (in RON mn) 9m/26 9m/25 Δ% 3,486 1,858 2,811 24 Cash generated from operating activities before working capital movements 8,402 6,470 30 3,651 1,250 2,190 67 Cash flow from operating activities 7,555 6,866 10 (2,142) (2,064) (1,874) (14) Cash flow from investing activities (6,166) (5,359) (15) 1,510 (815) 316 377 Free cash flow 1,389 1,507 (8) (481) (3,543) (90) (436) Cash flow from financing activities (4,312) (3,158) (37) 2 8 0 n.m. Effect of exchange rate changes on cash and cash equivalents 13 (2) n.m. 1,030 (4,350) 226 355 Net increase/(decrease) in cash and cash equivalents (2,911) (1,653) (76) 3,261 7,610 7,340 (56) Cash and cash equivalents at beginning of period 7,202 9,219 (22) 4,291 3,261 7,566 (43) Cash and cash equivalents at end of period 4,291 7,566 (43) 1,238 (4,120) 315 293 Free cash flow after dividends (2,248) (1,240) (81) 1 Q3/26 vs. Q3/25 Third quarter 2026 (Q3/26) vs. third quarter 2025 (Q3/25) In Q3/26, the profit before tax, adjusted for non -cash items such as depreciation and impairments, net change of provisions and for other adjustments, as well as net interest received and income tax paid, resulted in net cash inflow of RON 3,486 mn (Q3/25: RON 2,811 mn). Changes in net working capital generated a cash inflow of RON 165 mn (Q3/25: outflow of RON 621 mn), mainly from the increase in liabilities in Q3/26, as compared to the decrease in Q 3/25. Cash flow from operating activities increased by RON 1,461 mn compared to Q3/25, reaching RON 3,651 mn, being influenced by favourable evolution of net working capital and higher operating result. In Q3/26, cash flow from investing activities resulted in an outflow of RON 2,142 mn (Q3/25: RON 1,874 mn), mainly related to payments for investments in property, plant and equipment, largely in the Exploration and Production segment. Free cash flow (defined as cash flow from operating activities less cash flow from investing activities) showed an inflow of funds of RON 1,510 mn (Q3/25: RON 316 mn). Cash flow from financing activities reflected an outflow of funds amounting to RON 481 mn (Q3/25: RON 90 mn). Free cash flow after dividends resulted in a cash inflow of RON 1,238 mn (Q3/25: RON 315 mn).
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 10 Risk management The scope of OMV Petrom’s business activity, both existing and planned, and the markets in which the company operates expose the Group to a variety of risks, including operational, financial, strategic, compliance and regulatory, human capital and technology risks. A detailed description of these risks and associated risk management activities can be found in the 2025 Annual Report. The main uncertainties which could impact the Group’s performance include the commodity price risks, foreign exchange risks, operational risks, as well as geopolitical and regulatory risk. Commodity price exposure is monitored continuously and appropriate protective measures with respect to cash flow are taken, if required. Through the nature of its business of extracting, processing, transporting and selling hydrocarbons, OMV Petrom is inherently exposed to safety and environmental risks, which are managed through HSSE (Health, Safety, Security, and Environment) and risk management programs. OMV Petrom remains committed to be in line with industry standards. In terms of regulatory risk, the company is in dialogue with the Romanian authorities on topics of relevance for the industry. In the last few years, we have seen a significant number of fiscal and regulatory initiatives implemented (such as subsidy schemes, regulated/capped prices for gas and power, over taxation or the EU and national solidarity contribution, tax on special constructions and oil and gas turnover tax). This increases legislative volatility with influence on the overall busi ness environment. Geopolitical tensions are increasing pressure on energy markets and security of supply. Restrictions on shipping through the Strait of Hormuz and the Bab e-al-Mandeb Strait make the transport of oil and gas more difficult and increase transportation costs and delivery times. At the same time, Russian attacks are affecting Ukraine’s energy infrastructure, while Ukrainian attacks on major Russian refineries may reduce their processing capacity. As long as these disruptions persist, risks to supply and prices will remain elevated. Europe faces a heightened risk of diesel shortages, as refinery outages and more difficult imports can reduce available supply. Whether this develops into a widespread shortage will depend, among other factors, on inventory levels, replacement supplies and the duration of the disruptions. While oil price and refining margins remain at an elevated level, increased regulatory interventions - such as the margin caps for diesel and gasoline sold in Romania at 2025 average level or the solidarity contribution, introduced in Romania starting with April 2026, in the context of declared state of crisis following escalations in Middle East - limited the upside during the state of crisis period. Subject to market context, the risk of further interventions persists. High and volatile energy prices increase costs for industry and consumers, putting pressure on investment and competitiveness. Trade conflicts, tariffs and diverging interest -rate paths may also affect the EUR/USD exchange rate, financing costs and Europea n exports. Geoeconomic fragmentation and shifts in global supply chains could raise OMV Petrom’s costs and increase commodity price volatility. Weaker economic growth could further reduce demand for OMV Petrom’s products. The impact will depend on actual supply flows, refineries capacity, wholesale prices, taxes and exchange rate developments. OMV Petrom regularly assesses the potential consequences associated with the ongoing conflict in Ukraine, including the possible impact of additional sanctions, changes in Russian commodity flows, disruptions to global supply chains, and the continuing threat of cyberattacks on its business activities. Furthermore, the increase in geopolitically motivated attacks, whether physical or cyber-based (including hybrid threats), raises risks to OMV Petrom’s IT and OT (Information Technology and Operational Technology) infrastructure and the operational security. We also recognize that AI may create or amplify cyber risks by enabling more sophisticated attacks. These risks are being assessed, and appropriate countermeasures are under development. Reliance on foreign suppliers of critical components can create ad ditional vulnerabilities. Continuous monitoring of established security perimeters, targeted countermeasures, robust cyber defence and resilient supply chains are therefore essential to maintaining an adequate level of security. The credit quality of OMV Petrom’s counterparty portfolio could also be negatively influenced by the risk factors mentioned above. OMV Petrom monitors its counterparties exposures as part of its standard credit risk management processes.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 11 Overall, the consequences of increasing geopolitical volatility, including the multiple ongoing conflicts around the world, a s well as resulting regulatory measures, other economic disruptions currently being observed, and further regulatory interventions, cannot be reliably estimated at this stage. From today's perspective, we assume that, based on the measures mentioned above, the Group’s ability to continue its business operations is not materially affected. OMV Petrom continues to closely monitor developments and regularly evaluates the potential impact on the Group’s cash flow and liquidity position. The geopolitical context continued to have no significant negative impact on the interim condensed consolidated financial statements as of September 30, 2026, similar as in the previous year. The Company revises periodically its sensitivities to oil prices, the indicator refining margin and FX (EUR/USD), which are published on company website: Capital Market Story | OMVPetrom.com. In the context of the ongoing crisis in the Middle East, the associated market disruptions and increased regulatory interventions have materially affected the usual correlations and trends, thus the sensitivities of OMV Petrom’s operating result to crude oil prices and indicator refining margins have only limited relevance. More information on current risks can be found in the Outlook section of the Directors’ Report. Transactions with related parties Please refer to the selected explanatory notes of the interim condensed consolidated financial statements for disclosures on significant transactions with related parties.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 12 Outlook for the full year 2026 Geopolitical developments in the Middle East remained dynamic throughout Q3/26, with elevated volatility in global energy markets continuing, impacting supply chains and commodity prices, and increasing uncertainty across the oil, gas and fuels markets. Accordingly, based on information available at the time of publication of this report, this outlook represents the current assessment of market and regulatory conditions. Actual outcomes may differ materially if geopolitical or regulatory developments unfold differently from current assumptions. Market environment For the full year 2026, OMV Petrom estimates the average Brent oil price to be above USD 95/bbl (previously between USD 85/bbl and USD 95/bbl; 2025: USD 69.1/bbl). Indicator refining margin is estimated to be above USD 20/bbl (previously above USD 15/bbl; 2025: USD 12.4/bbl). Current market disruptions may lead to a widening of crude oil differentials to Dated Brent, which is not reflected in the OMV Petrom’s refining indicator margin nor in the full year sensitivities. In Romania, demand for retail fuels and gas is expected to be stable yoy; power demand is expected to be slightly lower yoy (previously: stable yoy). In March 2026, the government issued an emergency ordinance by which the natural gas market for household consumers as well as for heat generation in cogeneration plants and thermal power plants for households consumption remains regulated until the end of Q1/27. This translates into a reduction in scope of the previous regulation. The applicability of the tax on turnover introduced in 2024 (0.5% for OMV Petrom S.A. and OMV Petrom Marketing S.R.L.) is due to expire at the end of 2026, with an estimated total annual impact of around RON 250 mn in 2026 (2025: RON 205 mn). A 0.5% tax on the net value (cost less depreciation) of certain constructions is applicable as of January 1, 2025. The impact for 2026 is of around RON 75 mn; the full amount for 2026 was paid in May 2026 (2025: RON 69 mn). As per current regulations, the tax is to be eliminated as of January 1, 2027. At the end of July 2026, Parliament agreed to reinstate the crisis situation and introduced a new regulation, triggered by the increase in fuel product prices resulting from the renewed escalation of the Middle East conflict. The regulation applicable during August -October provides for capping the retail and commercial margins at the 2025 level, adjusted with inflation. In addition, a solidarity tax was introduced calculated using a progressive tax rate (between 1.5% to 11.9%) depending on the average monthly diesel or Brent quotations, whichever results in a higher rate . The solidarity rate is applied to R&M sales of all own products weighted with the share of the domestic crude oil processed in 2025 (approximately 60%). A draft government decision aiming at extending the applicability of the regulation by three months until January 31, 2027, was published for consultation on 26 October 2026. Financial highlights Total net CAPEX up to RON 10.4 bniv, of which organic CAPEX at around RON 10 bn (previously up to RON 9.4 bn, of which organic CAPEX at ~RON 9 bn; 2025 total net CAPEX at RON 7.8 bn, of which organic at RON 7.7 bn). CAPEX budget increase is mainly due to increased investments in Neptun Deep in the current year . We also plan higher yoy investments in the low and zero carbon projects, mostly SAF/HVO and renewables. Investments require competitive, predictable and stable regulatory and fiscal environment. We expect broadly neutral free cash flow before dividends , in the context of record high investments ( previously: negative; 2025: RON 2.6 bn). Attractive returns to shareholders: a total gross dividend per share (DPS) of RON 0.0578, comprising of a base DPS of RON 0.0466, up 5% yoy, and a special DPS of RON 0.0112, was paid starting June 2026. Total dividend payout from 2025 OCF at 40% and total dividend yield at 5.8%v. Strategic direction: Optimize traditional business Exploration and Production Production: expected to be above 100 kboe/d (2025: 104.5 kboe/d), no divestments impact considered. CAPEX: around RON 6.6 bniv (previously around RON 5.6 bn; 2025: RON 5.6 bn), of which more than half is for Neptun Deep. We plan to drill around 30 new wells and sidetracks and perform around 540 workovers ( previously around 35 new wells and sidetracks and around 550 workovers; 2025: 31 new wells and sidetracks and 542 workovers). iv Subject to GMS decision on November 6, 2026 v Using the share price on 30 December 2025 of RON 0.995
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 13 Exploration expenditures: estimated around RON 0.4 bn (previously RON 0.3 bn), reflecting intensified exploration activity both onshore and offshore. Production license extension: we work with authorities to implement the agreement signed with the Romanian state on the 15-year extension of production licenses. Refining and Marketing The refinery utilization rate is estimated at above 95% (2025: 93%, impacted by the planned shutdown in Q2/25). Total refined product sales are forecasted to be higher yoy (2025: 5.5 mn t); retail fuel sales are expected to be higher yoy (2025: 3.2 mn t). Gas and Power Total gas sales volumes are estimated to be broadly stable yoy (previously lower yoy; 2025: 48.3 TWh). Net electrical output is forecasted to be slightly higher yoy (previously broadly similar yoy; 2025: 4.7 TWh). Strategic direction: Grow regional gas Neptun Deep offshore Romania: we continue the drilling campaign and prepare for start-up of Neptun Alpha platform and onshore facilities. First gas is expected for the first half of 2027. Offshore exploration in the Neptun block: we are performing preparatory activities for the Anaconda -1 deepwater well, estimated to be drilled after completion of Neptun Deep development drilling program. Han Asparuh offshore Bulgaria: we are evaluating options to decide on the next steps. Han Tervel offshore Bulgaria: preparations for 3D seismic acquisition. Strategic direction: Transition to low and zero carbon We target to reduce Scope 1-2 GHG absolute emissions by 30% until 2030 vs. 2019 (2025: ~19% lower vs. 2019). Progress in developing the renewable power portfolio: we focus on accelerating the execution phase of our projects and gradually ramping up electricity production between 2027-2029. With regards to biofuels, we are advancing with the construction of the SAF/HVO unit with first production expected in 2028. E-mobility: continue the expansion of the EV charging network in the region, with the ambition to reach around 1,600 units at year-end, both in our filling stations and other locations (end-2025: around 1,350 charging points).
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 14 Business segments Exploration and Production Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 1,823 1,581 1,049 74 Clean Operating Result before depreciation and amortization, impairments and write-ups2 4,725 3,640 30 1,170 888 437 168 Clean Operating Result2 2,718 1,920 42 (158) (304) (244) 35 Special items (489) (328) (49) 1,012 585 192 426 Operating Result2 2,229 1,592 40 2,159 1,470 1,478 46 Capital expenditure3 4,723 3,901 21 52 137 17 200 Exploration expenditures 291 31 n.m. 12 120 11 2 Exploration expenses 220 38 472 17.00 18.08 18.19 (6) Production cost (USD/boe) 17.94 17.90 0 Q3/26 Q2/26 Q3/25 Δ%1 Key performance indicators 9m/26 9m/25 Δ% 98.8 102.3 104.8 (6) Total hydrocarbon production (kboe/d) 101.7 104.9 (3) 44.5 45.5 47.9 (7) thereof crude oil and NGL production (kbbl/d) 45.3 48.8 (7) 54.2 56.8 57.0 (5) thereof natural gas production (kboe/d) 56.5 56.1 1 9.09 9.31 9.64 (6) Total hydrocarbon production (mn boe) 27.77 28.62 (3) 4.10 4.14 4.40 (7) Crude oil and NGL production (mn bbl) 12.36 13.32 (7) 0.76 0.79 0.80 (5) Natural gas production (bcm) 2.36 2.34 1 26.94 27.91 28.30 (5) Natural gas production (bcf) 83.24 82.63 1 8.62 8.85 9.26 (7) Total hydrocarbon sales volume (mn boe) 26.43 27.28 (3) 93.7 97.2 100.6 (7) Total hydrocarbon sales volume (kboe/d) 96.8 99.9 (3) 46.0 47.2 50.2 (8) thereof crude oil and NGL sales volume (kbbl/d)4 47.1 50.8 (7) 47.7 50.1 50.4 (5) thereof natural gas sales volume (kboe/d) 49.7 49.1 1 96.99 103.85 69.13 40 Average Brent price (USD/bbl) 93.92 70.93 32 85.25 92.72 59.71 43 Average realized crude price (USD/bbl) 82.87 61.54 35 1 Q3/26 vs. Q3/25; 2 Excluding intersegmental profit elimination; 3 Including capitalized exploration and appraisal and aquisitions; 4 Includes sales of liquids obtained from separation and processing of rich natural gas; rich natural gas production is included under natural gas production above. Third quarter 2026 (Q3/26) vs. third quarter 2025 (Q3/25) Clean Operating Result at RON 1,170 mn vs. RON 437 mn in Q3/25, mainly reflecting higher commodity prices and favorable FX effect, partly offset by higher E&P taxation and lower sales volumes; in addition, a solidarity contribution of RON 127 mn was booked as a special item Production decreased by 5.8% mainly due to natural decline and impact from different maintenance schedules, partly offset by the contribution of workovers and new wells Unit production cost at USD 17.0/boe, improved by 6%, supported by cost efficiency measures Clean Operating Result was RON 1,170 mn vs. RON 437 mn in Q3/25, mainly driven by higher hydrocarbon prices, favorable FX effect on revenues (stronger USD vs. RON), and lower production costs , partly offset by higher E&P taxation and lower sales volumes. Special items amounted to RON (158) mn, reflecting the negative impact of temporary solidarity contribution applicable during Q3/26 (RON 127 mn), impairment of other financial assets related to abandonment obligations, as well as restructuring costs.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 15 For comparison, special items in Q3/25 amounted to RON (244) mn, reflecting mainly restructuring costs and impairments. Reported Operating Result was RON 1,012 mn vs. RON 192 mn in Q3/25. Hydrocarbon production decreased by 5.8% to 9.1 mn boe or 98.8 kboe/d (Q3/25: 9.6 mn boe or 104.8 kboe/d), mainly due to natural decline and impact from different maintenance schedules , partly offset by the contribution of workovers and new wells. Crude oil and NGL production dropped by 7.0% to 4.1 mn bbl, while gas production decreased by 4.8% to 5.0 mn boe. Hydrocarbon sales volumes decreased by 7%, fairly in line with the production trend. Unit production cost improved by 6% to USD 17.0/boe, reflecting lower costs ( lower personnel expenses , services and energy) and favorable FX (stronger USD vs. RON), partly offset by lower production available for sale. Production cost in RON terms improved by 1% to RON 77.9/boe. Exploration expenditures increased to RON 52 mn, mainly due higher drilling expenditures. Exploration expenses increased to RON 12 mn, by 2% vs. Q3/25. Capital expenditure increased to RON 2,159 mn, mainly due to higher investments dedicated to the Neptun Deep project. In 9m/26, we finalized the drilling of 18 new wells and sidetracks, thereof three exploration wells ( 9m/25: 21 new wells and sidetracks, thereof no exploration wells)vi. vi Excluding the wells drilled within production enhancement contracts (no wells in 9m/26 and one well in 9m/25) and the Neptun Deep development wells
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 16 Refining and Marketing Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 1,772 967 1,061 67 Clean CCS Operating Result before depreciation and amortization, impairments and write-ups2 3,467 2,439 42 1,572 747 836 88 Clean CCS Operating Result 2 2,824 1,781 59 (72) 196 46 n.m. Special items (91) 54 n.m. 145 (134) (35) n.m. CCS effect: Inventory holding gains/(losses)2 413 (197) n.m. 1,644 810 847 94 Operating Result 3,146 1,638 92 610 533 286 114 Capital expenditure 1,497 1,026 46 Q3/26 Q2/26 Q3/25 Δ%1 Key performance indicators 9m/26 9m/25 Δ% 41.75 22.67 14.02 198 Indicator refining margin (USD/bbl)3 26.47 10.88 143 1.21 1.17 1.16 5 Refining input (mn t)4 3.53 3.24 9 100 97 96 5 Refinery utilization rate (%) 98 90 9 1.65 1.49 1.50 10 Total refined product sales (mn t)5 4.47 4.04 11 0.94 0.86 0.89 6 thereof retail sales volumes (mn t)6 2.52 2.40 5 1 Q3/26 vs. Q3/25; 2 Current cost of supply (CCS): the Clean CCS Operating Result eliminates special items and inventory holding gains/losses (CCS effects) resulting from Refining and Marketing; 3 The actual refining margins realized by OMV Petrom may vary from the indicator refining margin due to different crude slate, product yield and operating conditions; 4 Figures include crude and semi-finished products, in line with the OMV Group reporting standard; 5 Total refined product sales include also third-party acquisitions; 6 Retail sales volumes refer to sales via the OMV Petrom Group’s filling stations in Romania, Bulgaria, Serbia, Moldova. Third quarter 2026 (Q3/26) vs. third quarter 2025 (Q3/25) Clean CCS Operating Result at RON 1,572 mn vs. RON 836 mn in Q3/25, on improved market conditions, partly counterbalanced by significantly lower retail and non -retail margins reflecting our moderate pricing policy; in addition, a solidarity contribution of RON 139 mn was booked as a special item OMV Petrom indicator refining margin at USD 41.7/bbl, supported by strong gasoline and diesel crack spreads ; the indicator refining margin impact is partly offset by higher crude supply, logistics and insurance costs triggered by the geopolitical context Refinery utilization rate at 100% (96% in Q3/25) Retail sales volumes increased by 6%, in the context of market distorsions generated by regulatory interventions Clean CCS Operating Result increased to RON 1,572 mn in Q3/26 (Q3/25: RON 836 mn), as the solid contribution from refining activity was partly offset by lower result from marketing activity. The refining activity reflected the higher refining margins and improved refinery utilization. In the marketing activity, higher sales volumes were offset by significantly lower sales channels’ margins, reflecting our moderate pri cing policy in the context of regulatory interventions. A new regulation applicable from August to end October 2026 imposed caps on marketing margins for diesel and gasoline sold in Romania at 2025 average level, adjusted with inflation. Reported Operating Result of RON 1,644 mn (Q3/25: RON 847 mn), reflected positive CCS effects of RON 145 mn (Q3/25: RON (35) mn negative effects), and RON (72) mn net special loss (Q3/25: RON 46 mn net special gain). Special items in Q3/26 were mainly in relation to the new solidarity contribution based on diesel quotations introduced for the August to end October 2026 period, amounting to RON 139 mn, partly offset by unrealised hedging gains. OMV Petrom indicator refining margin increased by USD 27.7/bbl to USD 41.7/bbl in Q3/26, supported by strong gasoline and diesel crack spreads , in the context of higher pricing environment as a result of the geopolitical tensions in the Middle East as well as Russian ban on diesel exports. However, this was only partly reflected in the refinery business result due to more expensive imported crude oil as well as increased costs for logistics and insurance, also generated by the geopolitical context.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 17 The refinery utilization rate reached 100% in Q3/26 (Q3/25: 96%, impacted by crude supply disruptions). Total refined product sales volumes increased vs. Q3/25 by 10%. Group retail sales volumes, which accounted for 57% of total refined product sales, increased by 6% in Q3/26. Non-retail sales volumes increased by 18%, on higher commercial and export sales, as a result of higher equity products availability compared to Q3/25. Capital expenditure increased to RON 610 mn (Q3/25: RON 286 mn) mainly due to ongoing construction of the SAF/HVO project.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 18 Gas and Power Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 197 13 147 34 Clean Operating Result before depreciation and amortization, impairments and write-ups 590 127 363 155 (22) 106 46 Clean Operating Result 472 13 n.m. 125 (144) 30 313 Special items (274) (26) n.m. 280 (165) 137 105 Operating Result 199 (14) n.m. 117 146 130 (10) Capital expenditure 406 251 62 Q3/26 Q2/26 Q3/25 Δ%1 Key performance indicators 9m/26 9m/25 Δ% 9.90 10.04 11.68 (15) Gas sales volumes (TWh) 36.02 34.33 5 7.01 8.89 8.94 (22) thereof to third parties (TWh) 28.34 27.28 4 1.32 0.47 1.27 3 Net electrical output Brazi power plant (TWh) 3.41 3.11 10 783 568 471 66 OPCOM spot average electricity base load price (RON/MWh) 651 524 24 1 Q3/26 vs. Q3/25. Third quarter 2026 (Q3/26) vs. third quarter 2025 (Q3/25) Clean Operating Result at RON 155 mn vs. RON 106 mn in Q3/25, on improved power business result Lower total gas sales volumes, at 9.9 TWh, reflecting lower volumes to wholesalers Slightly higher Brazi power plant output, at 1.3 TWh, covering 12% of Romania’s electricity production Clean Operating Result was RON 155 mn in Q3/26 (Q3/25: RON 106 mn), mainly on improved contribution of the power business line, supported by slightly higher Brazi power plant output and improved market spark spreads. Reported Operating Result of RON 280 mn (Q3/25: RON 137 mn) reflected RON 125 mn net special gains, mainly in relation to temporary valuation effects. The gas business had a positive, but lower yoy contribution to the result, in the context of lower sales volumes and increased turnover taxes linked to higher gas prices. The power business reflected a stronger contribution from Brazi power plant and improved margins from volumes bought from third party sources. As per OMV Petrom’s estimates, national gas consumption reached very low levels, 5% lower compared to Q3/25, with declining consumption of consumers connected both to Transgaz and the distribution networks. On the Romanian centralized markets, the weighted average price of natural gas for transactions with medium and long-term standardized products concluded in Q3/26, irrespective of delivery period was RON 287/MWh vii,viii (Q3/25: RON 184/MWh). The average price for the quantities delivered during the quarter was RON 255/MWh ( Q3/25: RON 180/MWh) ix. Regarding short-term deliveries, on the BRM day-ahead market, the average pricex in Q3/26 was RON 303/MWh (Q3/25: RON 171/MWh). In Q3/26, OMV Petrom’s total gas sales volumes were 15% lower yoy, at 9.9 TWh, with lower volumes sold to wholesales market and slightly reduced volumes to end user customers. Gas sales volumes to third parties recorded a n overall 22% vii OMV Petrom estimates based on available public information viii Standard products refers to all products offered on BRM trading platform i.e. weekly products, monthly products, quarterly products, gas-year products etc. and the price could include storage related tariffs in connection with the gas volumes sold/extracted from storage ix Based on monthly data, as published by BRM on https://brm.ro/statistici-monitorizare-piete-gaze-naturale/, retrieved on October 15th, 2026 x Average computed based on daily trades published on BRM platform
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 19 decrease vs. Q3/25. Lower volumes were sold to regulated market for households consumption of 0.2 TWh (Q3/25: 2.6 TWh). Gas sales volumes in Romania were 20% lower yoy at 8.0 TWh, 77% being covered by equity gas and the rest from third party sources. At the end of Q3/26, OMV Petrom had 2.9 TWh natural gas in storage, mainly from third party sources (end of Q3/25: 4.1 TWh). On the centralized markets, OMV Petrom sold 1.2 TWh in standard products in Q3/26, independent of the delivery period, at an average price in line with the market pricex. As per currently available information from the grid operator, national electricity consumption decreased by 6% in Q3/26 compared to Q3/25, reaching very low levels, while national production also decreased by 6%, Romania being a net power importer in both Q3/26 and Q3/25. In Q3/26, the Brazi power plant generated 1.3 TWh (Q3/25: 1.3 TWh) net electrical output, accounting for 12% in Romania’s generation mix. The Brazi power plant was in maintenance in July for 22 days for half of capacity. Renewable assets held in partnership, already operational, have contributed to the national generation mix with a total green power production of 0.06 TWh, however, not reflected in our key performance indicators. Capital expenditure amounted to RON 117 mn in Q3/26 (Q3/25: RON 130 mn), mainly for advancing our renewable power projects.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 20 Interim condensed consolidated income statement (unaudited) Q3/26 Q2/26 Q3/25 in RON mn 9m/26 9m/25 13,850.91 11,739.62 9,809.17 Sales revenues 35,164.81 26,836.02 45.94 80.84 56.00 Other operating income 269.85 640.62 4.38 (14.38) (2.35) Net income/ (loss) from equity-accounted investments (14.01) (4.45) 13,901.23 11,806.08 9,862.82 Total revenues and other income 35,420.65 27,472.19 (7,014.74) (6,662.99) (5,189.43) Purchases (net of inventory variation) (18,396.04) (13,436.93) (1,098.09) (997.82) (1,165.97) Production and operating expenses (3,499.91) (3,782.74) (1,038.28) (833.64) (251.99) Production and similar taxes (2,156.62) (1,111.81) (905.72) (879.76) (1,109.81) Depreciation, amortization, impairments and write-ups (2,653.41) (2,723.32) (869.56) (815.29) (847.51) Selling, distribution and administrative expenses (2,478.74) (2,473.89) (11.61) (119.89) (11.36) Exploration expenses (220.04) (38.48) (175.35) (344.59) (140.53) Other operating expenses (732.42) (562.56) 2,787.88 1,152.10 1,146.22 Operating Result 5,283.47 3,342.46 98.45 114.36 612.57 Interest income 337.34 1,163.22 (183.75) (306.08) (139.81) Interest expenses (679.47) (464.09) (8.74) (0.44) (6.86) Other financial income and expenses (32.37) 21.63 (94.04) (192.16) 465.90 Net financial result (374.50) 720.76 2,693.84 959.94 1,612.12 Profit before tax 4,908.97 4,063.22 (438.11) (186.38) (267.12) Taxes on income (851.57) (629.99) 2,255.73 773.56 1,345.00 Net income for the period 4,057.40 3,433.23 2,255.65 773.51 1,344.95 thereof attributable to stockholders of the parent 4,057.24 3,433.12 0.08 0.05 0.05 thereof attributable to non-controlling interests 0.16 0.11 0.0362 0.0124 0.0216 Basic and diluted earnings per share (RON) 0.0651 0.0551 Interim condensed consolidated statement of comprehensive income (unaudited) Q3/26 Q2/26 Q3/25 in RON mn 9m/26 9m/25 2,255.73 773.56 1,345.00 Net income for the period 4,057.40 3,433.23 6.60 25.52 1.92 Currency translation differences 30.41 17.69 6.60 25.52 1.92 Total of items that may be reclassified (“recycled”) subsequently to the income statement 30.41 17.69 6.60 25.52 1.92 Other comprehensive income for the period, net of tax 30.41 17.69 2,262.33 799.08 1,346.92 Total comprehensive income for the period 4,087.81 3,450.92 2,262.24 799.02 1,346.87 thereof attributable to stockholders of the parent 4,087.63 3,450.80 0.09 0.06 0.05 thereof attributable to non-controlling interests 0.18 0.12 Interim condensed consolidated financial statements with selected notes as of and for the period ended September 30, 2026 (unaudited)
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 21 Interim condensed consolidated statement of financial position (unaudited) in RON mn September 30, 2026 December 31, 2025 Assets Intangible assets 946.59 868.98 Property, plant and equipment 41,485.48 37,370.13 Equity-accounted investments 523.99 473.34 Other financial assets 1,627.41 1,376.49 Other assets 774.16 836.72 Deferred tax assets 2,520.06 2,454.03 Non-current assets 47,877.69 43,379.69 Inventories 4,174.18 3,303.09 Trade receivables 3,710.72 2,661.44 Other financial assets 2,817.16 2,361.85 Other assets 1,065.54 1,865.58 Cash and cash equivalents 4,291.13 7,201.97 Current assets 16,058.73 17,393.93 Total assets 63,936.42 60,773.62 Equity and liabilities Share capital 6,231.17 6,231.17 Reserves 32,436.13 31,946.02 Equity of stockholders of the parent 38,667.30 38,177.19 Non-controlling interests 0.63 0.58 Total equity 38,667.93 38,177.77 Provisions for pensions and similar obligations 185.83 215.12 Lease liabilities 881.75 1,117.89 Provisions for decommissioning and restoration obligations 10,531.04 9,971.13 Other provisions 957.22 884.65 Other financial liabilities 321.09 132.23 Other liabilities 44.62 45.66 Deferred tax liabilities 10.04 14.22 Non-current liabilities 12,931.59 12,380.90 Trade payables 5,517.27 5,351.58 Interest-bearing debts 11.23 31.65 Lease liabilities 616.47 876.56 Income tax liabilities 448.51 234.15 Other provisions and decommissioning 1,721.64 1,567.61 Other financial liabilities 2,084.77 891.26 Other liabilities 1,937.01 1,262.14 Current liabilities 12,336.90 10,214.95 Total equity and liabilities 63,936.42 60,773.62
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 22 Interim condensed consolidated statement of changes in equity (unaudited) in RON mn Share capital Revenue reserves Other reserves1 Treasury shares Equity of stockholders of the parent Non- controlling interests Total equity January 1, 2026 6,231.17 31,818.12 127.92 (0.02) 38,177.19 0.58 38,177.77 Net income/(loss) for the period - 4,057.24 - - 4,057.24 0.16 4,057.40 Other comprehensive income/(loss) for the period - - 30.39 - 30.39 0.02 30.41 Total comprehensive income/(loss) for the period - 4,057.24 30.39 - 4,087.63 0.18 4,087.81 Dividend distribution - (3,601.60) - - (3,601.60) (0.13) (3,601.73) Share-based payments - - 4.08 - 4.08 - 4.08 September 30, 2026 6,231.17 32,273.76 162.39 (0.02) 38,667.30 0.63 38,667.93 in RON mn Share capital Revenue reserves Other reserves1 Treasury shares Equity of stockholders of the parent Non- controlling interests Total equity January 1, 2025 6,231.17 32,778.84 107.88 (0.02) 39,117.87 0.56 39,118.43 Net income/(loss) for the period - 3,433.12 - - 3,433.12 0.11 3,433.23 Other comprehensive income/(loss) for the period - - 17.68 - 17.68 0.01 17.69 Total comprehensive income/(loss) for the period - 3,433.12 17.68 - 3,450.80 0.12 3,450.92 Dividend distribution - (2,766.63) - - (2,766.63) (0.13) (2,766.76) September 30, 2025 6,231.17 33,445.33 125.56 (0.02) 39,802.04 0.55 39,802.59 1 Other reserves contain mainly currency translation differences and reserves from business combinations in stages.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 23 Interim condensed consolidated statement of cash flows (unaudited) Q3/26 Q2/26 Q3/25 in RON mn 9m/26 9m/25 2,693.84 959.94 1,612.12 Profit/(loss) before tax 4,908.97 4,063.22 (54.15) (92.91) (599.55) Interest income (252.10) (1,126.27) 16.35 20.53 18.53 Interest expenses and other financial expenses 54.49 51.07 268.84 474.53 234.94 Net change in provisions 1,051.73 683.38 (4.38) 14.38 2.35 Net (income)/loss from equity-accounted investments 14.01 7.48 (7.37) 0.02 0.36 Net (gains)/losses on the disposal of subsidiaries, businesses and non-current assets (10.65) (6.50) 908.73 962.34 1,110.63 Depreciation, amortization and impairments including write-ups 2,811.94 2,724.70 (132.14) (87.53) 98.89 Other adjustments 336.45 (201.45) 30.68 107.61 481.68 Interest received 242.25 793.05 (16.67) (26.51) (12.72) Interest and other financial costs paid (59.58) (36.09) (217.34) (474.07) (136.35) Tax on profit paid (695.20) (482.20) 3,486.39 1,858.33 2,810.88 Cash generated from operating activities before working capital movements 8,402.31 6,470.39 (186.17) (445.62) (580.75) (Increase)/decrease in inventories (901.47) (466.22) (452.55) 245.82 329.91 (Increase)/decrease in receivables and other assets (695.41) 716.99 803.42 (408.68) (369.69) Increase/(decrease) in liabilities 749.15 144.86 164.70 (608.48) (620.53) Changes in net working capital components (847.73) 395.63 3,651.09 1,249.85 2,190.35 Cash flow from operating activities 7,554.58 6,866.02 Investments (2,488.89) (2,121.81) (1,716.69) Intangible assets and property, plant and equipment (6,511.31) (4,918.34) 18.41 (46.16) (180.84) Investments, loans and other financial assets (172.73) (756.19) (16.28) (17.76) — Acquisition of subsidiaries and businesses, net of cash acquired (34.04) (61.16) Divestments and other investing cash inflows 345.19 121.32 23.34 Cash inflows in relation to non-current assets and financial assets 552.46 376.89 (2,141.57) (2,064.41) (1,874.19) Cash flow from investing activities (6,165.62) (5,358.80) (209.52) (238.21) (88.35) Net increase/(decrease) in borrowings (675.78) (411.07) (271.78) (3,305.00) (1.41) Dividends paid (3,636.71) (2,747.03) (481.30) (3,543.21) (89.76) Cash flow from financing activities (4,312.49) (3,158.10) 2.17 8.14 0.03 Effect of exchange rate changes on cash and cash equivalents 12.69 (1.69) 1,030.39 (4,349.63) 226.43 Net increase/(decrease) in cash and cash equivalents (2,910.84) (1,652.57) 3,260.74 7,610.37 7,339.59 Cash and cash equivalents at beginning of period 7,201.97 9,218.59 4,291.13 3,260.74 7,566.02 Cash and cash equivalents at end of period 4,291.13 7,566.02 1,509.52 (814.56) 316.16 Free cash flow 1,388.96 1,507.22 1,237.74 (4,119.56) 314.75 Free cash flow after dividends (2,247.75) (1,239.81)
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 24 Selected notes to the interim condensed consolidated financial statements as of and for the period ended September 30, 2026 (unaudited) Legal principles The unaudited interim condensed consolidated financial statements as of and for the nine-month period ended September 30, 2026 (9m/26) have been prepared in accordance with IAS 34 Interim Financial Reporting. The interim condensed consolidated financial statements do not include all the information and disclosures required in the annual consolidated financial statements, and should be read in conjunction with the Group’s annual consolidated financial statements as of December 31, 2025. The interim condensed consolidated financial statements for 9m/26 included in this report are unaudited and an external review by an auditor was not performed. The interim condensed consolidated financial statements for 9m/26 have been prepared in million RON (RON mn, RON 1,000,000). Accordingly, there may be rounding differences. In addition to the interim condensed consolidated financial statements, further information on main items affecting the interim condensed consolidated financial statements as of September 30, 2026 is given as part of the description of Group Performance and Business Segments in the Directors’ Report. General accounting policies The accounting policies in effect on December 31, 2025, remain largely unchanged. The IFRS amendments effective since January 1, 2026, did not have a material effect on the interim condensed consolidated financial statements. IFRS 18 “Presentation and Disclosure in Financial Statements” will replace IAS 1 “Presentation of Financial Statements”. It applies for annual reporting periods beginning on or after January 1, 2027 and it introduces consequential amendments to IAS 7 “Statement of Cash Flows”. Even though IFRS 18 will not impact the recognition or measurement of items in the financial statements, its impacts on presentation and disclosure are expected to be significant. OMV Petrom is currently working to identify and assess all impacts of the new standard on the primary financial statements and notes. For a summary of the main impacts identified at this stage please refer to OMV Petrom Consolidated Financial Statements for year ended December 31, 2025, subchapter “5.2. Accounting standards issued not yet mandatory”. Changes in the consolidated Group structure Compared with the annual consolidated financial statements as of December 31, 2025 , the consolidated Group structure changed as follows: On June 30, 2026, OMV Petrom S.A. finalized the acquisition from Jantzen Renewables APS and Jantzen Renewables S.A. of 100% shares in JR Repono Three S.R.L., a company developing a battery energy storage system, currently at ready to build stage. The company has been fully consolidated in the Group financial statements starting with Q2/26. The detailed structure of the consolidated companies in OMV Petrom Group at September 30, 2026 is presented in Appendix 1 to the current report. Seasonality and cyclicality Seasonality is of particular significance in Refining and Marketing and Gas and Power.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 25 Consumption of natural gas, electricity and certain oil products is seasonal and is significantly affected by climatic conditions. Natural gas consumption is higher during the cold winter months. Electricity consumption is also generally higher during the winter, as a supplementary measure to produce heat, as well as due to fewer daylight hours and the need for more artificial lighting. In addition, during very hot summer periods, the increased usage of air cooling systems can also significantly increase electricity consumption. Natural gas sales and electricity generation may also be significantly affected by climatic conditions , such as unusually hot or cold temperatures. Consequently, the results reflect the seasonal character of the demand for natural gas and electricity, and may be influenced by variations in climatic conditions. Accordingly, the results of operations of the Gas and Power business segment and, to a lesser extent, the Refining and Marketing business segment, as well as the comparability of results over different periods, may be affected by changes in weather conditions and comparison might be of limited relevance. For details, please refer to the section “Business Segments”. Exchange rates OMV Petrom uses the National Bank of Romania (NBR) exchange rates in its consolidation process. Income statements of foreign subsidiaries are translated to RON using the average of daily exchange rates published by NBR, detailed below. Statements of the financial position of foreign subsidiaries are translated to RON using the closing rate method based on exchange rates published by NBR, and are detailed below. Q3/26 Q2/26 Q3/25 Δ%1 NBR FX rates 9m/26 9m/25 Δ% 5.250 5.191 5.071 4 Average EUR/RON 5.181 5.028 3 4.563 4.466 4.339 5 Average USD/RON 4.464 4.496 (1) 5.279 5.244 5.081 4 Closing EUR/RON 5.279 5.081 4 4.647 4.601 4.325 7 Closing USD/RON 4.647 4.325 7 1 Q3/26 vs. Q3/25
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 26 Notes to the income statement Sales revenues in RON mn 9m/26 9m/25 Revenues from contracts with customers 36,919.37 26,492.63 Revenues from other sources (1,754.56) 343.39 Total sales revenues 35,164.81 26,836.02 Revenues from other sources contain mainly the impact from fair valuation of derivative hedge contracts related to sales, as well as rental and lease revenues. Revenues from contracts with customers in RON mn 9m/26 Exploration and Production Refining and Marketing Gas and Power Corporate and Other Total Crude oil and NGL - 42.39 - - 42.39 Natural gas, LNG and power 8.54 83.19 11,586.08 - 11,677.81 Fuels and heating oil - 21,194.39 - - 21,194.39 Other petroleum products - 1,593.23 - - 1,593.23 Other goods and services 22.86 2,272.87 94.64 21.18 2,411.55 Total 31.40 25,186.07 11,680.72 21.18 36,919.37 in RON mn 9m/25 Exploration and Production Refining and Marketing Gas and Power Corporate and Other Total Crude oil and NGL - 71.01 - - 71.01 Natural gas, LNG and power 9.15 59.18 8,370.09 2.96 8,441.38 Fuels and heating oil - 14,524.72 - - 14,524.72 Other petroleum products - 1,160.75 - - 1,160.75 Other goods and services 23.99 2,176.02 75.00 19.76 2,294.77 Total 33.14 17,991.68 8,445.09 22.72 26,492.63 Income tax Q3/26 Q2/26 Q3/25 in RON mn 9m/26 9m/25 438.11 186.38 267.12 Taxes on income - expense/(revenue) 851.57 629.99 447.04 231.90 298.85 Current taxes 920.51 643.61 (8.93) (45.52) (31.73) Deferred taxes (68.94) (13.62) 16% 19% 17% Group effective tax rate 17% 16%
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 27 Notes to the statement of financial position Equity At the Annual General Meeting of Shareholders held on April 28, 2026, the shareholders of OMV Petrom S.A. approved the distribution of gross dividends of RON 3,601.60 mn (gross total dividend per share of RON 0.0578, out of which RON 0.0466 as gross base d ividend per share and RON 0.0112 as gross special dividend per share). Total dividends paid during nine months amounted to RON 3,637 mn. The total number of own shares held by the Company as of September 30, 2026 amounted to 204,776 (December 31, 2025: 204,776). Fair value measurement Financial instruments recognized at fair value are disclosed according to the fair value measurement hierarchy as stated in Note 33 of the Group’s annual consolidated financial statements as of December 31, 2025. September 30, 2026 December 31, 2025 Fair value hierarchy of financial assets (in RON mn) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Equity investments - 22.14 13.78 35.92 - 22.14 13.78 35.92 Derivatives valued at fair value through profit or loss 280.97 1,514.15 - 1,795.12 - 748.60 - 748.60 Total 280.97 1,536.29 13.78 1,831.04 - 770.74 13.78 784.52 September 30, 2026 December 31, 2025 Fair value hierarchy of financial liabilities (in RON mn) Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Derivatives valued at fair value through profit or loss (79.09) (1,532.12) - (1,611.21) - (346.45) - (346.45) Other financial liabilities - - (54.53) (54.53) - - (42.34) (42.34) Total (79.09) (1,532.12) (54.53) (1,665.74) - (346.45) (42.34) (388.79) The carrying amount of financial assets and financial liabilities valued at amortized cost approximates their fair value.
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 28 Segment reporting Intersegmental sales Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 3,393.95 3,127.14 2,167.73 57 Exploration and Production 8,950.49 7,097.71 26 136.86 106.72 38.27 258 Refining and Marketing 290.86 108.68 168 120.75 103.91 72.88 66 Gas and Power 363.61 306.60 19 66.32 59.67 58.33 14 Corporate and Other 188.16 183.95 2 3,717.88 3,397.44 2,337.21 59 Total 9,793.12 7,696.94 27 1 Q3/26 vs. Q3/25 Sales to third parties Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 11.56 12.46 12.18 (5) Exploration and Production 36.96 38.05 (3) 10,304.68 8,689.45 6,827.56 51 Refining and Marketing 25,020.48 18,233.65 37 3,524.25 3,026.16 2,958.05 19 Gas and Power 10,075.61 8,530.82 18 10.42 11.55 11.38 (8) Corporate and Other 31.76 33.50 (5) 13,850.91 11,739.62 9,809.17 41 Total 35,164.81 26,836.02 31 1 Q3/26 vs. Q3/25 Total sales (not consolidated) Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 3,405.51 3,139.60 2,179.91 56 Exploration and Production 8,987.45 7,135.76 26 10,441.54 8,796.17 6,865.83 52 Refining and Marketing 25,311.34 18,342.33 38 3,645.00 3,130.07 3,030.93 20 Gas and Power 10,439.22 8,837.42 18 76.74 71.22 69.71 10 Corporate and Other 219.92 217.45 1 17,568.79 15,137.06 12,146.38 45 Total 44,957.93 34,532.96 30 1 Q3/26 vs. Q3/25 Segment and Group profit Q3/26 Q2/26 Q3/25 Δ%1 in RON mn 9m/26 9m/25 Δ% 1,011.89 584.71 192.23 426 Operating Result Exploration and Production 2,229.09 1,592.06 40 1,644.45 809.67 847.29 94 Operating Result Refining and Marketing 3,146.29 1,638.20 92 279.81 (165.16) 136.65 105 Operating Result Gas and Power 198.55 (13.71) n.m. (38.12) (19.68) (29.93) (27) Operating Result Corporate and Other (94.18) (86.04) (9) 2,898.03 1,209.54 1,146.24 153 Operating Result segment total 5,479.75 3,130.51 75 (110.15) (57.44) (0.02) n.m. Consolidation (196.28) 211.95 n.m. 2,787.88 1,152.10 1,146.22 143 OMV Petrom Group Operating Result 5,283.47 3,342.46 58 (94.04) (192.16) 465.90 n.m. Net financial result (374.50) 720.76 n.m. 2,693.84 959.94 1,612.12 67 OMV Petrom Group Profit before tax 4,908.97 4,063.22 21 1 Q3/26 vs. Q3/25
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 29 Assets1 in RON mn September 30, 2026 December 31, 2025 Exploration and Production 30,075.20 26,962.57 Refining and Marketing 9,700.33 8,806.17 Gas and Power 2,229.10 2,001.92 Corporate and Other 427.44 468.45 Total 42,432.07 38,239.11 1 Segment assets consist of intangible assets and property, plant and equipment. Other notes Significant transactions with related parties Significant transactions in form of supplies of goods and services take place on a constant and regular basis with companies from OMV Group. The most significant are disclosed in the Appendix 2. Financial Ratios (presented in accordance with the requirements of the Financial Supervisory Authority’s Regulation no. 5/2018 on issuers of financial instruments and market operations) Financial Ratio Formula Value Current ratio Current Assets / Current Liabilities 1.30 Indebtness Ratio (%) Interest-bearing debts (long term)/ Equity *100 - Interest-bearing debts (long term)/ (Interest-bearing debts (long term) + Equity) *100 - Days in receivables Receivables average balance / Turnover*270 24.46 Fixed assets turnover1 Turnover / Fixed assets 1.10 1 Fixed assets turnover is calculated based on turnover for 9m/26*(360/270) days
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 30 We confirm to the best of our knowledge that the unaudited interim condensed consolidated financial statements with selected notes for the nine month period ended September 30, 2026 give a true and fair view of OMV Petrom Group’s assets, liabilities, financial position and profit or loss, as required by the applicable accounting standards, and that the Group Directors’ Repo rt gives a true and fair view of important events that have o ccurred during the first nine months of the financial year 2026 and their impact on the interim condensed consolidated financial statements, as well as a description of the principal risks and uncertainties. Bucharest, October 29, 2026 The Executive Board Christina Verchere Alina Popa Chief Executive Officer Chief Financial Officer President of the Executive Board Member of the Executive Board Cristian Hubati Franck Neel Radu Caprau Member of the Executive Board Member of the Executive Board Member of the Executive Board Exploration and Production Gas and Power Refining and Marketing Declaration of the management
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 31 Abbreviation and definitions bbl barrel(s), i.e. 159 liters bcf billion cubic feet; 1 bcm = 35.3147 bcf for Romania or 34.7793 bcf for Kazakhstan boe; kboe; kboe/d barrels of oil equivalent; thousand barrels of oil equivalent; kboe per day bn billion bcm billion cubic meters BRM Romanian Commodities Exchange Capital employed equity including minorities plus net debt/(cash) CEO Chief Executive Officer Co&O Corporate and Other CAPEX Capital expenditure Clean CCS Operating Result Operating Result adjusted for special items and CCS effects. Group clean CCS Operating Result is calculated by adding the clean CCS Operating Result of Refining and Marketing, the clean Operating Result of the other segments and the reported consolidation effect adjusted for changes in valuation allowances, in case the net realizable value of the inventory is lower than its cost. Clean CCS net income attributable to stockholders of the parent Net income attributable to stockholders of the parent, adjusted for the after tax effect of special items and CCS Clean CCS EPS Clean CCS Earnings per share = Clean CCS net income attributable to stockholders of the parent divided by weighted number of shares Clean CCS ROACE Clean CCS Return On Average Capital Employed = NOPAT (as a sum of current and last three quarters) adjusted for the after tax effect of special items and CCS, divided by average Capital Employed (on a rolling basis, as an average of last four quarters) (%) Clean effective tax rate Taxes on income adjusted for the tax effect of special items and CCS, divided by Clean CCS Profit before tax (%) EOR Enhanced Oil Recovery EPS Earnings per share = Net income attributable to stockholders of the parent divided by weighted number of shares Effective tax rate Taxes on income divided by Profit before tax (%) EUR euro E&A Exploration and appraisal FX Foreign Exchange HSSE Health, Safety, Security and Environment GEO Government Emergency Ordinance IFRSs; IASs International Financial Reporting Standards; International Accounting Standards LNG Liquified natural gas mn million MWh megawatt hour NBR National Bank of Romania Net debt/(cash) including leases Interest-bearing debts plus lease liabilities less cash and cash equivalents Net debt/(cash) excluding leases Interest-bearing debts less cash and cash equivalents NGL Natural Gas Liquids n.a. not applicable/not available (as the case may be) n.m. not meaningful i.e. deviation exceeds (+/-) 500% or comparison is made between positive and negative values NOPAT Net Operating Profit After Tax =Net income attributable to stockholders of the parent, adjusted for net interest on net borrowings, +/– result from discontinued operations, +/– tax effect of adjustments OPCOM The administrator of the Romanian electricity market Operating Result The “Operating result” includes the former indicator EBIT (“Earnings Before Interest and Taxes”) and the net result from equity-accounted investments. Further information
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 32 Clean Operating Result before depreciation and amortization, impairments and write-ups Former EBITD adjusted for special items and CCS effects = Operating Result Before Interest, Taxes, Depreciation and amortization, impairments and write-ups of fixed assets, including reversals adjusted for special items and CCS effects OPEX Operating Expenses Q quarter ROACE Return On Average Capital Employed = NOPAT (as a sum of current and last three quarters) divided by average Capital Employed (on a rolling basis, as an average of last four quarters) (%) RON Romanian leu S.A.; S.R.L. Societate pe Actiuni (Joint-stock company); Societate cu Raspundere Limitata (Limited liability company) t metric tonne(s) TWh terawatt hour USD United States dollar yoy year-on-year
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 33 Consolidated companies in OMV Petrom Group at September 30, 2026 Parent company OMV Petrom S.A. Subsidiaries Exploration and Production Refining and Marketing OMV Offshore Bulgaria GmbH (Austria) 100.00% OMV Petrom Marketing S.R.L. 100.00% OMV Petrom E&P Bulgaria S.R.L. 100.00% OMV Petrom Aviation S.R.L.1 100.00% OMV Petrom Energy Solutions S.R.L. 100.00% Petrom Moldova S.R.L. (Moldova) 100.00% OPM E-Charge S.R.L.2 100.00% OMV Bulgaria OOD (Bulgaria) 99.90% OMV Srbija DOO (Serbia) 99.96% Gas and Power Corporate and Other JR Solar Teleorman S.R.L. 100.00% Petromed Solutions S.R.L. 100.00% JR Constanta S.R.L. 100.00% JR Teleorman S.R.L. 100.00% JR Repono Three S.R.L.3 100.00% Bridgeconstruct S.R.L. 100.00% ATS Energy S.R.L. 100.00% Intertrans Karla S.R.L. 100.00% OMV Gas Marketing & Trading Hungaria Kft. (Hungary) 100.00% 1 (one) equity interest owned through OMV Petrom Marketing S.R.L. 2 Former Renovatio Asset Management S.R.L. 3 New subsidiary consolidated in Q2/26 Incorporated joint operations4 Gas and Power S. Parc Fotovoltaic Isalnita S.A. 50.00% S. Parc Fotovoltaic Rovinari Est S.A. 50.00% S. Parc Fotovoltaic Tismana 1 S.A. 50.00% S. Solarist Tismana 2 S.A. 50.00% 4 Joint operations structured through separate legal entities; accounted for as OMV Petrom’s share of assets, liabilities, income and expenses held or incurred jointly. Equity-accounted investments Refining and Marketing Corporate and Other Respira Verde S.R.L5 43.18% OMV Petrom Global Solutions S.R.L. 25.00% Gas and Power Electrocentrale Borzesti S.R.L. 50.00% Enerintens Solar S.R.L. 50.00% Tenersolar Park S.R.L. 50.00% Cil PV Plant S.R.L. 50.00% Dunav Solar Plant OOD (Bulgaria) 50.00% 5 In Q2/26, OMV Petrom increased its shareholding in Respira Verde S.R.L. from 41.86% to 43.18%. Appendices 1 and 2 form part of the interim unaudited condensed consolidated financial statements. Appendix 1
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OMV Petrom Group Report January – September 2026 and Q3/26 October 29, 2026 34 Significant transactions with related parties During the first nine months of the financial year 2026, OMV Petrom Group had the following significant transactions with related parties and balances as of September 30, 2026: Related party (in RON mn) Purchases Balances payable 9m/26 September 30, 2026 OMV Petrom Global Solutions S.R.L. 584.76 174.86 OMV Downstream GmbH 538.69 217.49 OMV Exploration & Production GmbH 98.13 28.94 OMV Gas Marketing & Trading GmbH 77.07 15.29 OMV - International Services Ges.m.b.H. 8.78 113.82 Related party (in RON mn) Revenues Balances receivable 9m/26 September 30, 2026 OMV Gas Marketing & Trading GmbH 391.96 70.07 OMV Deutschland Marketing & Trading GmbH & Co. KG 230.79 39.14 OMV Downstream GmbH 117.72 42.99 OMV - International Services Ges.m.b.H. 0.06 20.12 Further information on related parties can be found in the OMV Petrom Consolidated Financial Statements for the year ended December 31, 2025 (Note 30 “Related parties”). Loans receivable by OMV Petrom from Electrocentrale Borzesti S.R.L. amounted to RON 380 mn as of September 30, 2026 (December 31, 2025: RON 282 mn), reflecting mainly further drawings during the reported period. In 2026, a long -term power purchase agreement between OMV Petrom S.A. and Dunav Solar Plant OOD became effective, under which OMV Petrom S.A. will acquire 50% of the future electricity output generated by the solar park. During the first nine months of the financial year 2025, OMV Petrom Group had the following significant transactions with related parties and balances as of December 31, 2025: Related party (in RON mn) Purchases Balances payable 9m/25 December 31, 2025 OMV Supply & Trading Limited 619.50 2.31 OMV Petrom Global Solutions S.R.L. 594.63 176.97 OMV Downstream GmbH 378.81 111.17 OMV Gas Marketing & Trading GmbH 184.27 82.00 OMV - International Services Ges.m.b.H. 14.10 84.70 Related party (in RON mn) Revenues Balances receivable 9m/25 December 31, 2025 OMV Deutschland Marketing & Trading GmbH & Co. KG 208.79 18.83 OMV Downstream GmbH 34.67 7.27 OMV Hungária Ásványolaj Kft. 30.77 2.72 OMV - International Services Ges.m.b.H. 0.03 25.94 Appendices 1 and 2 form part of the interim unaudited condensed consolidated financial statements. Contact OMV Petrom Investor Relations Tel: +40 372 161930; Fax: +40 21 30 68518 E-mail address: investor.relations.petrom@petrom.com Appendix 2