OMV Petrom at a glance

| OMV Petrom at a glance

Largest group in Romania & South-eastern Europe

Complex Shareholders Structure

OMV*: Austria’s largest listed industrial company and

integrated international oil and gas company

Free float

Property Fund: listed fund, ~90% of AUM invested

in the energy sector, managed by Franklin Templeton

State holding

► Privatized in 2004 to OMV AG (Austrian integrated oil and gas company)

► OMV Petrom is an integrated oil & gas player with international presence

(RO, MD, BG, SR, KZ)

► Market capitalization: EUR 5.1 bn

► Group turnover: EUR 4.8 bn

*Shareholder since Dec 2004;

2

20.64%

51.01% 18.99%

9.36%

2014 FIGURES

| OMV Petrom at a glance

Operationally integrated oil & gas player

Oil: Supplies 100% of

oil for Petrobrazi

refinery

Romania

Kazakhstan

Upstream

Downstream Oil

Downstream Gas Gas: Supplies equity

gas for Brazi power

plant

► 3,9 mn toe/yr crude oil and NGL

► 5.3 bcm/yr gas

► 671 mn boe proven reserves

(~10 yrs of current production)

► 0.4 mn toe/yr crude oil and NGL

► 0.05 bcm/yr gas

► 19 mn boe proven reserves

► Gas sales 4.4 bcm/yr (up to

40% of Romanian demand)

► Brazi gas-fired power plant (860

MW)

► Dorobantu wind park (45 MW)

► Petrobrazi refinery

(4.2 mn t/yr capacity)

► 3.4 mn t marketing sales

► 780 filling stations (Romania,

Bulgaria, Serbia, Moldova)

2014 FIGURES

3

| OMV Petrom at a glance

Pillar of stability and reliable partner for the Romanian economy

Largest private employer

~17,000 direct employees and

more than 60,000 indirect jobs

Main energy supplier

Accounts for ~40% of oil, gas

and fuel supply, and ~ 10% of

power generation capacity

~EUR 19 bn cumulated since

2005 (~11% share of non-

consolidated annual budget)1

Largest investor

2014 FIGURES

Investments 2005-2014: ~

EUR 11.5 bn

Largest contributor to

state budget

4

IFRS Figures Petrom Group (RON

mn) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2005-2014

EBITD 3,068 3,706 3,381 3,875 4,109 5,797 7,766 8,514 9,313 8,145 57,674

Net profit 1,765 2,065 1,541 896 833 2,190 3,759 3,946 4,824 2,103 23,922

Investments 1,229 3,257 4,471 6,759 4,219 4,863 4,803 4,930 5,303 6,239 46,073

Contribution to Romania’s state budget 4,725 5,334 5,766 6,450 6,821 7,607 8,381 8,511 9,825 10,562 73,983

Dividends paid to Economy Ministry 0 205 282 201 0 54 207 362 327 360 1,998

| OMV Petrom at a glance

39.2

32.7

33.0

37.1

48.0

66.1

76.6

82.7

107.0

68.1

86.3117.2

115.2

110.5

99.0

55.3

0

20

40

60

80

100

120

USD/bbl

Brent Oil Real Price, Avg Jan-Sept 2015 =100

Business environment

5

International

Oil price fell by 48% in 9m/15 vs 9m/2014

Oil demand and supply in Europe:

Demand nearly flat

Supply increased by 5%

European gas demand is recovering due to

weaker prices

High refining margins

Strong USD against EUR and RON

Romania

Q2/15 GDP rose by 3.8% yoy

2015 GDP growth: 3.4% IMF estimate

CPI annual inflation: 12-month avg 0% (end

Sep 2015)

Budget balance: +0.92% GDP (end Aug 2015)

Investment grade rating stable

Bre

nt

Oil R

eal P

ric

e

| OMV Petrom at a glance

Dynamics of the Romanian energy market

6

Demand & prices

9m/15 vs 9m/14

Regulatory and fiscal framework

Demand

• Fuels +6%; Gas -3%; Power +3%

Prices

• Urals -48%

• Gas: deregulation for HH continued

• Power: +11%

Gas and Power: ongoing structural changes

• Price liberalization: NHH completed; HH continues (DL June 2021)

• Gas trading on centralized platforms with low liquidity

Taxation

• Special constructions tax & supplementary excise extended until end 2016

• Windfall taxation applicable until end 2015

| OMV Petrom at a glance

Achievement of strategic directions dependent on both market and business environment

7

2015+ strategic directions remain

• Increase ultimate oil&gas recovery

• Increase and appraise Neptun Block

(Black Sea deepwater)

• Explore deep and frontier

hydrocarbons

• Optimize across commodities

• Enhance value of integrated

downstream

• Optimize business portfolio

but pace depends on market

fundamentals and investment friendly

environment

International

• Oil market dynamics

• Implementation of the Energy Union

• Climate change commitments

RO

• Win-win-win fiscal framework (State

income-private investment-

communities)

• Functional market mechanisms

• Infrastructure development

• Functional regulatory framework for

oil&gas (e.g. land access, permitting)