OMV

In January 2019, OMV acquired a 50% stake in the Malaysian upstream joint venture SapuraOMV Upstream Sdn. Bhd to Total Energies. In the same month, OMV signed an agreement to acquire a 15% stake in ADNOC Refining in Abu Dhabi.

In March 2020, OMV increased its shareholding in Borealis to 75%, further expanding its chemicals business. At the end of the same year, OMV commissioned Austria's then largest photovoltaic power plant in Schönkirchen, Lower Austria.

On 31 May 2021, Verbund completed the acquisition of a 51% stake in Gas Connect Austria from OMV. On 1 June 2021, Alfred Stern was appointed Chief Executive Officer of OMV. On 8 June 2021, OMV and MOL Group reached an agreement for MOL to acquire OMV Slovenia.

On 5 March 2022, OMV announced that it would no longer pursue investments in Russia. In December 2022, the state-owned Abu Dhabi National Oil Company (ADNOC) acquired a 24.9% stake in OMV from Mubadala Petroleum and Petrochemicals Holding Company. In December 2023, a decree issued by the Russian government enabled the state seizure of oil and gas assets held by several European energy companies, including OMV's joint interests in the Yuzhno-Russkoye oil and gas field. OMV subsequently wrote down the value of its Russian assets and exited its remaining operations in the country.

In September 2023, OMV began rolling out a network of electric-vehicle charging stations under the brand name eMotion in several Central and Eastern European countries (Austria, Romania, Slovakia, Hungary, Czech Republic, and Bulgaria). In November 2023, OMV and Wien Energie established a joint venture to develop deep geothermal energy projects for up to 200,000 households in the greater Vienna area.

In December 2024, OMV terminated its long-term natural gas supply contract with Gazprom Export, citing repeated breaches of contractual obligations. In the same year, it announced the closing of a transaction with TotalEnergies, for the sale of its 50% stake in the Malaysian SapuraOMV Upstream Sdn Bhd. The overall cash consideration was US$957 million.

In March 2025, OMV and ADNOC agreed on the key commercial terms for a combination of their polyolefins businesses. The agreement provides for the merger of OMV's Borealis and ADNOC's Borouge into a jointly controlled company. OMV's production profile is expected to shift from a predominantly European base to a global platform, with around 70% of production located in the Middle East and North America, compared to 60% in Europe previously. In March 2026, OMV and XRG, ADNOC’s international investment arm, announced the formation of Borouge Groupe International AG, to operate under the brand name “Borouge International”. Borouge International has been formed by the combination of Borouge Plc and Borealis, with the new entity acquiring NOVA Chemicals, a North American chemical producer.

In November 2025, OMV AG announced a joint venture with Masdar, the state‑owned renewable energy company of Abu Dhabi, for the development and operation of a green hydrogen electrolyser plant in Bruck an der Leitha, Austria. Under the agreement, the project will be majority-owned by OMV, with Masdar holding a 49% share. The facility is scheduled to start operations in 2027, with a planned electrolysis capacity of 140 megawatts and an annual production of up to 23,000 metric tons of green hydrogen.

In April 2026, Emma Delaney was appointed as CEO and chair of the executive board, starting September 2026.

Finance information

Shareholder structure 2025

ÖBAG (31.5%)

ADNOC (24.9%)

Free Float (43.4%)

Treasury Shares and further (0.2%)

Shareholdings

The most important shareholdings of OMV Aktiengesellschaft are listed below, with other shareholdings held by the appropriate business segments:

Borealis AG (75%)

OMV Petrom SA (51%)

ADNOC Refining and ADNOC Global Trading (15%)

Central European Gas Hub (65%)

Further Joint Ventures include

project “deeep” with Wien Energie (50%), developing deep geothermal plants in the greater Vienna area.

Sorting facility for chemical recycling in Walldürn, Germany with Interzero (89.9%)

Carbon capture and storage: In 2025, OMV made progress in the implementation of its decarbonization strategy through multiple technology projects. The Carbon Capture Innovation Center (CCIC) started operations with a mobile, solvent-based pilot unit capable of capturing up to 1,000 t of CO₂ annually, validating CC processes like CoolSwingCC® for future scale-up. In June, OMV's cooperation partner Hycamite started up one of Europe's largest methane splitting demonstration plants in Finland, designed to produce up to 2,000 t of low-carbon hydrogen and 6,000 t of advanced carbon allotropes per year. In Norway, OMV was awarded two licenses in 2023 and 2024. The poseidon license, in partnership with Aker BP ASA, could provide injection capacity of more than 5 million tons of CO2 per year. The Iroko license, in partnership with Vår Energi and Lime Petroleum, could provide injection capacity of around 7.5 million tons of CO2 per year.

In March 2025, OMV Petrom and Romgaz announced the spud of first gas production well of the Neptun Deep project. It's the largest offshore gas project in the EU and located in the Romanian sector of the Black Sea. The project targets the Domino and Pelican South gas fields, situated roughly 160 kilometers offshore, where a total of ten production wells is planned. It will deliver 140 kboe/d of gross production (50% OMV Petrom) for an eight- to ten-year plateau period and is on track to start production in 2027.

The segment also includes investments in gas-fired power generation and integrated energy trading operations.

Fuels

The Fuels business segment refines crude oil and other feedstocks. Its activities include Refining, Supply and Trading, Commercial, and Retail. OMV owns a total refining capacity of around 500 kbbl/d, with three owned refineries in Europe and a 15% share in ADNOC Refining & ADNOC Global Trading. Total fuels and other sales volumes in Europe amounted to 16.39 mn t in 2025, while commercial customers were mainly from the industrial transportation and construction sectors.

The Fuels segment includes a range of solutions that combine renewable electricity, green hydrogen, and alternative fuels. These activities include the expansion of electric mobility infrastructure, such as electric-vehicle charging networks, as well as large-scale green hydrogen production to support industrial decarbonization and the manufacture of sustainable fuels.

OMV is developing large-scale green hydrogen production as part of its lower-carbon energy activities. A central project is the construction of a 140-megawatt electrolysis plant in Bruck an der Leitha, Lower Austria, which is planned to be one of the largest of its kind in Europe. The facility is designed to produce around 23,000 tonnes of green hydrogen per year by the end of 2027, using electricity from renewable sources.

In addition, OMV is involved in initiatives related to sustainable aviation fuels (SAF). SAF is a renewable alternative to conventional kerosene that contributes to over 80% lower carbon emissions over its lifecycle. OMV is producing SAF at the Schwechat Refinery in Austria since 2022. OMV's goal is to become a leading SAF supplier by 2030, supported by a robust project pipeline. A major milestone is underway with the construction of a large-scale plant at the Petrobrazi refinery in Romania, which began in February 2025. Once operational, this facility will make OMV Petrom the first major producer of renewable fuels in Southeast Europe.

Retail

OMV operates a retail network of 1,708 filling stations distributed across eight countries in Central and Eastern Europe, including Austria, Bulgaria, the Czech Republic, Hungary, Moldova, Romania, Serbia, and Slovakia.

The OMV brand is positioned as a premium brand, with VIVA representing a strong shop, gastronomy, and service offering, while the unmanned Avanti brand in Austria and the Petrom brand in Romania serve price-sensitive customer groups. OMV is pursuing its electromobility journey as an integrated eMobility provider in Austria, Hungary, Czech Republic, Bulgaria, Romania, and Slovakia. In September 2025, the final investment decision was taken to build a high performance charging network in the Czech Republic together with Pražská energetika (PRE), a leading electric mobility provider in the country. OMV also piloted its first chargers in Bulgaria. By the end of 2025, OMV was operating 1,689 high performance charging points (2024: 804).

Chemicals

In the Chemicals segment, OMV is one of the world's leading providers of advanced and circular polyolefin solutions, with total polyolefin sales of 6.5 million tonnes in 2025 (2024: 6.3 million tonnes). It also holds a leading position in base chemicals and plastics recycling.

The segment supplies products and services worldwide through OMV and its subsidiary Borealis, as well as through two major joint ventures: Borouge, with ADNOC based in the United Arab Emirates, and Baystar™, with TotalEnergies based in the United States. With operations in over 120 countries, OMV provides for key industries such as Consumer Products, Energy, Health Care, Infrastructure, and Mobility.

OMV is expanding its circular and sustainable materials offerings. This includes mechanical recycling and chemical recycling technologies such as the proprietary ReOil® process, which converts hard-to-recycle plastic waste into pyrolysis oil. A large-scale sorting plant to support these recycling efforts is scheduled to begin production in Walldürn, southern Germany, in 2026, in a joint venture with Interzero. =

Further projects and partnerships in bio-based and recycled chemicals include long-term feedstock agreements with TOMRA Feedstock for recycling inputs used in ReOil® and Borealis facilities; and the strategic integration of Borealis and Borouge under Borouge Group International, which enhances capacity for sustainable polyolefin solutions. In addition, biobased polymers marketed as Bornewables™ and industry collaborations such as Borealis’ participation in circular economy platforms supports these efforts.

B. made no effort to know their human rights impacts; and

C. do not show how they address alleged adverse human rights impacts.

OMV (Sudan) Exploration GmbH was a wholly owned subsidiary of OMV AG, and held a 26.1% share in the a license as part of the consortium that appointed Lundin as operator to explore and develop oil deposits in Block 5A. It sold its Sudanese assets in 2004 with a net profit of $55 million As the operator of the consortium, Lundin Petroleum was responsible for day-to-day management but its managers stood under the supervision of the Operating Committee, that exercised "overall direction and control of all matters pertaining to the Joint Operations and the Joint Property". OMV was permanently represented in the Operating Committee and has never publicly distanced itself from any of its decisions.

Between 2001 and 2003, OMV met repeatedly with European human rights advocates led by Sudan Platform Austria, but the company took no effective measures to prevent involvement in human rights violations or undo the adverse impact of Lundin's operations. On 6 April 2001, OMV wrote to Human Rights Watch: "We have reached the conclusion that, despite problems, the influx of oil revenues could improve the social and humanitarian conditions of the Sudanese. Oil exploration activities also represent immediate benefits to the local population, in terms of employment, infrastructure developments and humanitarian assistance... Our role is to constantly monitor the situation on the ground and to turn our perception of business ethics into reality by responsible action. In 2002, OMV nevertheless commissioned an independent report on the human rights situation in Block 5A, that has not been made public.

While Block 5A was operated by Lundin, OMV was a participant in the consortium, the suspicions against the consortium's top managers therefore also concern OMV. The Austrian State's owns 31% of OMV's shares. According to the UN Guiding Principles, which is endorsed by Austria, an abuse of human rights by a business enterprise that is wholly or partially controlled by a State, may entail a violation of that State's own international law obligations.

Petrom

The acquisition of 51% stake in Petrom was considered controversial as the privatisation contract was not made public and it consists of several disputed clauses.

The privatisation allegedly produced a market monopoly. Critics say that OMV can use the resources Petrom owns until their exhaustion. Also fixing of tax for gas and oil exploration at 3 to 13.5 percent from the final delivery price for 10 years was criticised. Some critics claimed, that the price €1.5 billion was too low.

On 13 December 2022, OMV Petrom was convicted by the Couter of Justice from Gaiesti, Romania of Involuntary manslaughter case. The Local Court Gaiesti ruled its decision in the file where OMV Petrom SA was sent to trial for involuntary manslaughter. The accusation is referring to an incident which occurred in Cobia in 2016 and resulted in the death of a child.

OMV Petrom was found guilty and was convicted to a punishment of a criminal fine amounting to RON 28,000. On the civil side, the court assessed the degree of fault of OMV Petrom SA at 50% and the company was obliged to pay moral damages in total amount of EUR 135,000 to the victim's family and material damages and other expenses in total amount of RON 22,000. The court ordered the complementary measure consisting in the one-year suspension of the activity of oil exploitation wells within the radius of Dâmboviţa county which, at the date when the decision becomes final, do not have a completely closed and locked perimeter or which do no have a well cellar grate installed. The court also ordered the publication of the decision of conviction, in extract.

MOL

In June 2007 OMV made an unsolicited bid to take over MOL, which was rejected by the Hungarian company. MOL criticised OMV's advertisement in which OMV had suggested the two had already worked together on the European market. MOL thought that to be misleading and unethical and asked OMV to remove the name MOL from those advertisements. OMV dismissed its bid after negative results of the investigation by the European competition authorities. OMV sold its entire stake to Surgutneftegas in March 2009.

New Zealand

On 10 April 2019 OMV announced that it would drill up to ten wells off the Otago, New Zealand coast. The decision was met with indications by local environmental groups, who had successfully fought previous attempts to drill for fossil fuels in the area, that OMV could "expect resistance". In November 2019 an OMV supply vessel in Timaru was occupied for 57 hours by 27 protesters, and 16 people were arrested. In March 2020 two members of Extinction Rebellion Ōtautahi intercepted and boarded an OMV mobile drilling rig in the Marlborough Sounds from an inflatable boat, intending to occupy it for a week, but due to sickness of one of the protestors, the occupation was abandoned after 14 hours. The protestors came on board of the rig and were flown to New Plymouth and served with a trespass notice.