OMV (OMV) AGM 2025 summary

Opening remarks and agenda

• The AGM was opened by the Chairman of the Supervisory Board, with formalities and agenda confirmed as published and distributed to shareholders.

• All legal requirements for convening the AGM were met, and the meeting was properly constituted for resolutions.

• 244,773,384.5 shares were registered for participation, and the agenda was made available in advance.

Financial performance review

• Achieved the fourth-best result in company history in 2024, with a clean CCS operating result of EUR 5.1 billion.

• Cash flow from operating activities rose 14% to EUR 5.3 billion, with a low leverage ratio of 12%.

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

• OMV shares delivered a 5.4% total shareholder return in 2024 and outperformed sector peers.

• For Q1 2025, cash flow from operating activities reached almost EUR 1.4 billion, up over 30% from the previous quarter.

Board and executive committee updates

• CFO Reinhard Florey's term was extended by two years; the Management Board composition remained unchanged in 2024.

• CEO Alfred Stern announced he will not seek reappointment after his term ends in August 2026; succession planning has begun.