OMV (OMV) AGM 2025 summary

Opening remarks and agenda

• The AGM was opened by the Chairman, with formalities and agenda outlined, and meeting documents distributed to attendees and made available online.

• Legal requirements for convening the AGM were fulfilled, with proper publication and documentation attached to the notarial minutes.

• 244,773,384.5 shares were registered for participation, and the agenda was confirmed as per statutory notice.

• Procedures for debate, questions, and voting were explained, with a general debate scheduled before voting.

Financial performance review

• 2024 marked the fourth-best result in company history, with a clean CCS operating result of EUR 5.1 billion and cash flow from operating activities at EUR 5.3 billion, up 14% year-over-year.

• Net income attributable to shareholders was EUR 1.4 billion, with earnings per share at EUR 4.25.

• Despite a 15% decrease in operating result from the previous year, strong cash flow and a low leverage ratio of 12% were maintained.

• OMV shares delivered a 5.4% total shareholder return in 2024 and outperformed sector peers, with a 20% price increase since the start of 2025.

Board and executive committee updates

• The CFO's term was extended by two years, and the Management Board composition remained unchanged in 2024.

• CEO Alfred Stern announced he will not seek reappointment after his term ends in August 2026, prompting a succession process.