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Results of OMV’s Ordinary Annual General Meeting 2014

  • Dividend of EUR 1.25 per share approved
  • Dividend payment date May 21, 2014
  • Members of the Supervisory Board elected as proposed

OMV’s Ordinary Annual General Meeting has approved a dividend of EUR 1.25 per share for 2013 as well as all other agenda resolutions including the elections to the Supervisory Board, the Long Term Incentive Plan 2014 and the Matching Share Plan 2014.

Today’s General Meeting has approved a dividend of EUR 1.25 per share, which corresponds to a payout ratio of ~35%. The payment date was agreed for May 21, 2014. The Meeting presented the duly adopted annual financial statements and discharged the Executive Board and Supervisory Board. Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H., Vienna, was elected as the auditor and Group auditor for the 2014 financial year.

The General Meeting has granted authorization for the Long Term Incentive Plan 2014, which is a long-term compensation instrument for the Executive Board and selected senior executives introduced in order to promote mid- and long-term value creation at OMV. Authorization was also granted for the Matching Share Plan 2014, an integral part of the annual bonus agreement, which is a long-term compensation vehicle for the Members of the Executive Board that promotes retention and shareholder alignment in OMV, combining the interests of management and shareholders via a long-term investment in restricted shares.

The General Meeting elected the following 10 people as members of the Supervisory Board until the closure of the General Meeting voting on the fiscal year 2018:

  • Mr. Murtadha Al Hashmi
  • Ms. Alyazia Ali Saleh Al Kuwaiti
  • Mr. Wolfgang C. Berndt
  • Ms. Elif Bilgi Zapparoli
  • Mr. Helmut Draxler
  • Mr. Roy Franklin
  • Mr. Rudolf Kemler
  • Mr. Wolfram Littich
  • Mr. Herbert Stepic
  • Mr. Herbert Werner

Voting results will be posted on OMV’s website at www.omv.com > Investor Relations > Financial Calendar and Events > Annual General Meeting 2014.

Background information:

OMV Aktiengesellschaft
With Group sales of EUR 42.42 bn and a workforce of around 27,000 employees as of year-end 2013 and a market capitalization of approx. EUR 11 bn as of December 31, 2013, OMV Aktiengesellschaft is Austria’s largest listed industrial company. In Exploration and Production, OMV is active in two core countries, Romania and Austria, and holds a balanced international portfolio. OMV had proven oil and gas reserves of approx. 1.13 bn boe as of year-end 2013 and a production of around 288 kboe/d in 2013. In Gas and Power, the gas sales and trading volumes amounted to approx. 425 TWh in 2013. OMV operates a gas pipeline network in Austria and gas storage facilities with a capacity of 2.6 bcm in Austria and Germany. OMV’s gas trading platform, the Central European Gas Hub, is established as an important gas trading platform on the gas routes from East to West. OMV operates an 860 MW gas-fired power plant in Romania (Brazi) and an 870 MW gas-fired power plant in Turkey (Samsun). In Refining and Marketing, OMV has an annual refining capacity of 17.4 mn t (excluding Bayernoil) and, as of year-end 2013, approx. 4,200 filling stations in 11 countries. OMV holds a 51% stake in the Romanian energy company OMV Petrom S.A., a 36% stake in Borealis AG, one of the world’s leading producers of polyolefins and a 97% stake in Petrol Ofisi, Turkey’s leading company in the oil products retail and commercial business.