Publisert February 2, 2023

OMV Group Report January – December and Q4 2022

including preliminary consolidated financial statements as of December 31, 2022

Key Performance Indicators¹

Group

Clean CCS Operating Result grew slightly to EUR 2,101 mn, due to better performance in Refining & Marketing and Exploration & Production
Clean CCS net income attributable to stockholders of the parent decreased to EUR 700 mn; clean CCS Earnings Per Share were EUR 2.14
Cash flow from operating activities excluding net working capital effects decreased to EUR 1,233 mn
Organic free cash flow before dividends totaled EUR 534 mn
Clean CCS ROACE stood at 19%
Total Recordable Injury Rate (TRIR) was 1.23
Regular dividend per share of EUR 2.80 proposed2, up 22% compared to the previous year. In addition, special dividend of EUR 2.25 proposed²

Chemicals & Materials

Polyethylene indicator margin Europe declined to EUR 370/t, polypropylene indicator margin Europe decreased to EUR 398/t
Polyolefin sales volumes lessened to 1.42 mn t

Refining & Marketing

OMV refining indicator margin Europe grew sharply to USD 17.5/bbl³
Fuels and other sales volumes Europe decreased marginally to 4.33 mn t

Exploration & Production⁴

Production decreased by 106 kboe/d to 385 kboe/d, mainly due to the change in the consolidation method of Russian operations
Production cost increased by 43% to USD 9.1/boe

Key events

On January 12, 2023: Borealis acquires a majority stake in Renasci signalling on-going commitment to leading the transformation to a circular economy
On January 10, 2023: OMV recognized as a leader in climate change action for seventh consecutive year and maintains Dow Jones Sustainability Index status and leadership score in CDP
On December 14, 2022: OMV appoints Berislav Gaso as new Executive Board Member for Energy
On December 13, 2022: OMV amends dividend policy with special dividends as new, additional instrument
On December 13, 2022: Changes in the OMV Executive Board
On December 1, 2022: OMV introduces new corporate structure to drive sustainable growth and innovation
On November 25, 2022: OMV’s geothermal experts welcome first results
On November 16, 2022: Consortium formed for developing new process technology to produce Sustainable Aviation Fuel
On November 15, 2022: OMV and Wizz Air sign MoU to supply Sustainable Aviation Fuel
On November 2, 2022: OMV appoints Daniela Vlad as new Executive Board Member for Chemicals & Materials
On November 2, 2022: OMV and Wood sign MoU for commercial licensing of ReOil® technology
On October 27, 2022: OMV Executive Board will propose special dividend for the financial year 2022 in the amount of EUR 2.25 per share
On October 27, 2022: Changes in the OMV Executive Board
On October 27, 2022: OMV and ADNOC sign MoU in presence of UAE President, H.H. Sheikh Mohamed bin Zayed Al Nahyan and Austria’s Federal Chancellor H.E. Karl Nehammer
On October 27, 2022: OMV and Jadestone agree to terminate the intended divestment of OMV’s stake in the Maari Field
On October 7, 2022: OMV Schwechat Refinery is in full operation

Press Conferences

Conference Call

Publications

¹ Figures reflect the Q4/22 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
² As proposed by the Executive Board, subject to review by the Supervisory Board; subject to approval by the Annual General Meeting 2023
³ As of Q2/22, the refining indicator margin reflects the change in the crude oil reference price from Urals to Brent at OMV Petrom.
⁴ As of March 1, 2022, Russian operations are no longer included in Group operational KPIs, Operating Results, or cash flows.

Key Performance Indicators1