MOL Magyar Olaj (MOL) Investor Presentation summary

Company overview and market position

• Integrated oil and gas company with core activities in upstream, downstream, consumer services, gas, and waste management, operating in over 30 countries with 25,000 employees and a market cap of $5.9 billion.

• Holds leading market positions in Central and Eastern Europe, ranking #1 in several core and flagship countries for both fuel wholesale and retail.

• Operates 2,400+ service stations, with strong retail presence and over 1 million daily retail transactions.

Strategy and sustainability

• Strategic focus on balancing supply security, sustainability, and affordability amid energy transition and geopolitical challenges.

• Accelerating low-carbon investments, targeting 30-40% of total CAPEX for 2025-2030, with annual organic CAPEX rising to $1.8 billion.

• Raised 2030 GHG emission reduction target to 33% (like-for-like) and 25% in absolute terms from 2019 levels, aiming for net climate neutrality by 2050.

• ESG targets include renewable electricity consumption up to 2,500 GWh/year by 2030, TRIR below 1.1, and 30% women in management.

• Sector-leading ESG ratings, including AA from MSCI and Gold from Ecovadis, with strong risk management and disclosure practices.

Downstream and circular economy

• Long-term vision to become a sustainable chemicals company, focusing on high efficiency, renewable energy, and circular economy integration.

• Key projects include the $1.5 billion Polyol project and Rijeka Refinery upgrade, both enhancing value chain and product portfolio.

• Waste management concession in Hungary covers 4.7 million tons of waste, aiming to provide up to 1.5 million tons of feedstock for the energy industry by 2030.

• Investments in waste-to-energy, recycling, and deposit refund systems, with $0.9 billion organic CAPEX planned for 2025-2030.