The payment of dividends for 2022 financial year

OMV Petrom S.A.

09 May 2023

 

OMV Petrom S.A.

Investor News

May 9, 2023

The payment of dividends for 2022 financial year

In accordance with the Resolution of the Ordinary General Meeting of the Shareholders of OMV Petrom S.A. dated April 26, 2023, OMV Petrom announces the payment of the dividends for 2022 financial year via Depozitarul Central S.A. and BRD - Groupe Société Générale - the selected payment agent - starting with June 7, 2023 to its shareholders registered in the Shareholders' Registry kept by Depozitarul Central S.A. on the registration date May 15, 2023.

The gross dividend is RON 0.0375 per share, and where applicable, any withholding tax payable will be deducted prior to payment at the rate provided by the law.

Details concerning the payment methods of the dividends are presented in the document "IMPORTANT NOTICE regarding the payment of dividends for 2022 by OMV Petrom S.A.", attached hereto and on the company's website www.omvpetrom.com, section Investors › Shares & Dividends › Dividends › Dividends 2022.

Christina Verchere                                                               Alina Popa                

Chief Executive Officer                                                         Chief Financial Officer                                              

IMPORTANT NOTICE

concerning the payment of dividends for 2022 financial year by OMV Petrom S.A.

In accordance with the Resolution of the Ordinary General Meeting of Shareholders ("OGMS") of OMV Petrom S.A. ("OMV Petrom" or the "Company") dated April 26, 2023, OMV Petrom announces the payment of dividends for 2022 financial year through Depozitarul Central S.A. ("Depozitarul Central") and BRD - Groupe Société Générale ("BRD") - selected payment agent - starting with June 7, 2023 ("Payment Date"), to its shareholders registered in the Shareholders' Registry maintained by Depozitarul Central S.A. on the registration date May 15, 2023 ("Registration Date"). Ex-Date is May 12, 2023.

The gross dividend per share is RON 0.0375; where applicable, any withholding tax payable will be deducted prior to payment at the rates provided by the law.

Dividend payment methods:

1.  Through Participants (Custodian Banks or Brokers): individuals and legal entities / other entities having accounts opened with a Participant (an intermediary participating in the clearing-settlement and registry system of Depozitarul Central):

For shareholders that are individuals, legal entities or other entities who, on the Registration Date, hold shares in Section II in OMV Petrom's Shareholders Registry in an account opened with a Participant, dividends shall be paid automatically by bank transfer through Depozitarul Central into Participants' accounts on the Payment Date.

Non-resident shareholders with an account opened with a Participant (Custodian Bank or Broker) who wish to apply for the more favorable provisions of a Double Tax Treaty concluded between Romania and their country of residence must submit, through their Participant:

Ø a valid tax residency certificate through their Participant, for the year in which the dividend is paid, within the validity period, in original or legalized copy, with apostille / super-legalization, if the case, accompanied by an authorized translation into Romanian;

Ø for non-resident legal entities shareholders - a statement signed by hand or using an extended electronic signature based on qualified certificate according to the law by the legal representative/authorized person, representing the entity, attesting:

o  the identification data of the entity, which is the shareholder of OMV Petrom, namely: the unique identification code/registration code as it is recorded in the Shareholders' Register of OMV Petrom held by Central Depositary, the full name of the entity, registration number with the responsible national authority (e.g. Trade Registry, Central Bank);

o  the entity is the beneficial owner of the dividend income received from OMV Petrom;

o  the entity is a corporate income tax or other tax replacing corporate income tax payer in its country of fiscal residence;

o  the dividend income is taxed with corporate income tax or other tax replacing corporate income tax in the country of fiscal residence, at the level of the entity who is an OMV Petrom's Shareholder;

Ø the contact details for possible clarifications regarding the support documentation.

Documents must be submitted until May 17, 2023, at OMV Petrom's address, in 22 Coralilor Street, 1^st district,  Bucharest ("Petrom City"), post code 013329, for the attention of the Tax Department (for an expedient analysis of the documentation, we recommend, where possible, also sending the scanned documentation to the following e-mail address: [e-mail]). Please note that the application of the Double Tax Treaty on the Payment Date (automatic payment) is conditioned by the reception, until May 17, 2023, of the complete and accurate documents and of the possible clarifications and additional documents requested. OMV Petrom is not responsible for the non-application of aforesaid favorable tax treatment if documents and / or possible clarifications requested are not submitted in due time.

Thus, in the case of non-resident shareholders represented by a Participant, OMV Petrom shall withhold the dividend tax from the gross dividend at the standard tax rate in force provided by the Law no. 227/2015 regarding the Romanian Tax Code ("Tax Code"), if such shareholders did not provide a tax residency certificate  and any related clarifications and additional documents requested, until May 17, 2023.

Not-withholding the dividend tax by reference to article 43 of the Tax Code for shareholders, investment funds / collective investments undertakings without legal personality, as per Romanian capital market regulations, is conditional upon the receipt by OMV Petrom at the address 22 Coralilor  street, 1^st district, Bucharest ("Petrom City"), post code 013329, for the attention of the Tax Department (for an expedient analysis of the documentation, we recommend, where possible, also sending the scanned documentation to the following e-mail address: [e-mail]) until May 17, 2023 (for investment funds / collective investments undertakings without legal personality with an account opened with a Participant) of a statement signed by hand or using an extended electronic signature, based on a qualified certificate according to the law, by the legal representative/authorized person representing the investment fund / collective investments undertakings without legal personality, attesting the fact that the investment fund / collective investments undertaking does not have legal personality, including all other relevant documents, as set forth in Annex 1, point 2.2.1.

Thus, in the case of such investment funds / collective investments undertakings without legal personality represented by a Participant, OMV Petrom shall withhold dividend tax from the gross dividend at the standard tax rate in force provided by the Tax Code, if such shareholders did not provide the documents set forth in Annex 1, point 2.2.1 regarding investment funds / collective investments undertakings without legal personality and any related clarifications and additional documents requested, until May 17, 2023.

2.  Only for payments through bank transfer as per shareholder's request who do not have account opened with a Participant, addressed directly to Depozitarul Central

Depozitarul Central provides all shareholders not represented by Participants with the possibility to receive any due amount of money through bank transfer into a bank account, irrespective of the issuer distributing such amounts, and such option remains valid for future distribution unless notified otherwise. In order to benefit of this payment method, shareholders are invited to contact directly Depozitarul Central at the telephone number 021.408.58.74 and / or at the e-mail address: [e-mail]

3.  Through the payment agent - BRD Groupe Societe Generale

i.    In cash: only for private individuals who do not have a bank account opened with a Participant: at BRD cash desks, in any BRD unit

For private individual shareholders who do not fall under item 1 and 2 and who have not requested and submitted the documents for the payment of dividends through bank transfer, dividend payment shall be made in cash at BRD cash desks, in any BRD unit.

The list of BRD units is available at website http://www.brd.ro or website http://www.omvpetrom.com, Investors › Shares & Dividends › Dividends 2022.

Payments in cash shall be made within limits set forth by applicable legislation.

ii.  Through bank transfer: private individuals and legal entities / other entities who do not have a bank account opened with a Participant

Private individuals and legal entities / other entities who wish to receive payment of dividends through bank transfer may request to BRD the payment by bank transfer, by submitting the application form for the payment of dividends through bank transfer accompanied by the supporting documents set forth in Annex 1.

Payment application forms are available on website www.omvpetrom.com, Investors› Shares & Dividends › Dividends 2022, on website www.brd.ro, and they may be requested also in any BRD unit or on the website: www.depozitarulcentral.ro.

Payment application form for net dividends through bank transfer, together with the supporting documents as set forth in Annex 1 shall be submitted as follows:

a)   to BRD cash desks, starting on Payment Date (June 7, 2023) or

b)   through mail, by certified letter, to: "Directia Titluri - City Offices, Sos Oltenitei, nr. 2, sector 4, Bucharest, Romania, postal code 041312".

* * *

For non-resident shareholders who opt for payment methods shown in items 2 and 3 (respectively who do not have an account opened with a Participant):

For payments made through bank transfer / in cash on the Payment Date (June 7, 2023) in case of non-resident shareholders who do not have an account opened with a Participant and who wish to apply for the more favorable provisions of a Double Tax Treaty concluded between Romania and their country of residence, tax documents must be received until May 17, 2023 at OMV Petrom's address at 22 Coralilor street, 1^st district, Bucharest ("Petrom City"), post code 013329, for the attention of the Tax Department (for an expedient analysis of the documentation, we recommend, where possible, also sending the scanned documentation to the following e-mail address: [e-mail]). Payment through bank transfer / in cash performed on the Payment Date (June 7, 2023) shall be made by BRD provided that all documents requested for performing the payment, as set forth herein, are submitted. If the abovementioned documents and the requested possible clarifications or additional documents are not submitted until May 17, 2023, OMV Petrom shall withhold dividend tax from the gross dividend at the standard tax rate, as provided by the Tax Code in force.

After the Payment Date, BRD shall pay the net dividends no later than one business day (or maximum ten business days in the case of non-resident shareholders who do not have an account opened with a Participant and who submit tax residency certificates) after the reception by BRD of the application for bank transfer payment, accompanied by complete and accurate supporting documents and any possible clarifications and additional documents requested. The date when shareholders' bank accounts are actually credited depends on the inter-bank business and correspondent banks' chains.

Non-resident shareholders who do not have an account opened with a Participant and who request payment through bank transfer / in cash after the Payment Date (June 7, 2023), as well as for the application of the more favorable provisions of Double Tax Treaty concluded between Romania and their country of residence must submit together with the application form for payment of net dividends, until the payment of dividends, the following documents:

Ø a valid tax residency certificate through their Participant, for the year in which the dividend is paid, within the validity period, in original or legalized copy, with apostille / super-legalization, if the case, accompanied by an authorized translation into Romanian;

Ø for non-resident legal entities shareholders - a statement signed by hand or using an extended electronic signature based on qualified certificate according to the law by the legal representative/authorized person, representing the entity, attesting:

o  the identification data of the entity, which is the shareholder of OMV Petrom, namely: the unique identification code/registration code as it is recorded in the Shareholders' Register of OMV Petrom held by Central Depositary, the full name of the entity, registration number with the responsible national authority (e.g. Trade Registry, Central Bank);

o  the entity is the beneficial owner of the dividend income received from OMV Petrom;

o  the entity is a corporate income tax or other tax replacing corporate income tax payer in its country of fiscal residence;

o  the dividend income is taxed with corporate income tax or other tax replacing corporate income tax in the country of fiscal residence, at the level of the entity who is an OMV Petrom's Shareholder;

Ø the contact details for possible clarifications regarding the support documentation.

If documents shown above and possible clarifications and additional documents requested are not submitted together with the application form for payment of net dividends by bank transfer prior to the dividend payment date, OMV Petrom shall withhold dividend tax from the gross dividend at the standard tax rate as provided by the Tax Code in force. Residency certificates together with supporting documents shall be submitted to the offices of Payment Agent BRD starting the Payment Date (June 7, 2023).

Non-resident shareholders who do not have an account opened with a Participant requesting the application of a Treaty shall state this request on the payment application form submitted to BRD. Also, shareholders, investment funds / collective investments undertakings without legal personality, as per Romanian capital market regulations (who do not have an account opened with a Participant), shall state this on the payment application form submitted to BRD.

Not-withholding the dividend tax by reference to article 43 of the Tax Code for shareholders, investment funds / collective investments undertakings without legal personality, as per Romanian capital market regulations, who do not have an account opened with a Participant, is subject to receipt by OMV Petrom of the documents mentioned in Annex 1 point 2.2.1 (at the address 22 Coralilor Street, 1^st district, Bucharest ("Petrom City"), post code 013329, for the attention of the Tax Department (for an expedient analysis of the documentation, we recommend, where possible, also sending the scanned documentation to the following e-mail address: [e-mail]) until May 17, 2023 for payment at Payment Date (June 7, 2023) or together with the application form for the payment of the net dividends for payment after the Payment Date. If the above mentioned documents and any related clarifications requested are not provided until May 17, 2023 for payments on the Payment Date (June 7, 2023) or together with the application form for payment of net dividends by bank transfer, for payments made after the Payment Date, OMV Petrom shall withhold dividend tax for the respective investment funds / collective investments undertakings without legal personality from the gross dividend at the standard tax rate provided by the Tax Code in force.

* * *

Original documents in electronic format (e.g. tax residency certificates issued electronically by tax authorities and any additional documents issued / signed using extended electronic signature based on qualified certificate according to the law) must be submitted in electronic format to the following e-mail address: [e-mail].

In case the supporting documents are issued in other language than Romanian and / or issued by foreign authorities, they must be submitted with apostille / supra-authentication if the case, and accompanied by certified Romanian translation.

The holder of the bank account where the transfer of net dividends is requested must be the respective shareholder.

Fees applied by BRD and Depozitarul Central for payments of net dividends in RON are paid by OMV Petrom.

For beneficiaries of the Mass Privatization Program, we remind you that OMV Petrom was incorporated based on Emergency Ordinance no. 49/1997, under the name of "Societatea Nationala a Petrolului, Petrom S.A. - Bucuresti", by the reorganization of "Regia Autonoma Petrom RA - Bucuresti" and by its merger through absorption with a number of 45 former joint stock companies, the list of which we attach in Annex 2 hereto.

Payment of net dividends due to OMV Petrom shareholders for 2022 financial year is subject to general provisions concerning prescription, being prescribed starting June 10, 2026, respectively within 3 (three) years after June 7, 2023 (June 9, 2026 being the last day when dividend payments related to financial year 2022 can be made, by reference also to the provisions of art. 2554 of the Civil Code regarding prorogation of the term).

BRD and Depozitarul Central, as the case may be, reserve the right to request from the shareholder / corresponding attorney additional documents following the analysis of the applications for payment of OMV Petrom S.A.'s dividends.

Additional data on dividend payment procedure may be requested from:

-      the Payment Agent BRD at the e-mail address: [e-mail] or at the following telephone numbers: +40 721.273.310, +40 722.539.829 or +40 722.642.649.

-      the Depozitarul Central, at the e-mail address: [e-mail] or at the following telephone number: [phone].

-      for other questions concerning OMV Petrom dividends or shares, please visit the Company's website: www.omvpetrom.com or contact the Investor Relations Department of OMV Petrom at telephone numbers: 0800800064 (free calls within Romanian territory) or [phone] or via email at [e-mail].

Also, OMV Petrom will publish a list of FAQs related to dividend payments on its website www.omvpetrom.com, section Investors › Shares & Dividends › Dividends 2022. 

Information note regarding the processing of personal data of OMV Petrom's individual shareholders and/or legal representatives of the shareholders legal persons/other entities

OMV Petrom processes the personal data entered in the shareholders' registry of the Company provided by Depozitarul Central SA, consisting in name, surname, personal identification number (CNP) for Romanian holders or a similar unique code for the foreign holders, number and series of the identity document, address, locality, territorial and administrative division (county for the Romanian holders), country, citizenship, their capacity as shareholder, number of shares owned. In addition, OMV Petrom processes the data provided by the shareholders themselves directly or through a member of their family or through another person entitled for this purpose. OMV Petrom processes the personal data of its shareholders for the fulfillment of legal and contractual obligations regarding the computation, registration and payment of dividends.

The personal data of the shareholders are intended for the use by OMV Petrom for the above mentioned purpose and can only be communicated to the following recipients, as the case may be: (i) the shareholders of the Company and their legal/conventional representatives; (ii) Depozitarul Central SA; (iii) the payment agent through which the dividends will be paid (BRD - Groupe Societe Generale S.A.); (iv) central or local public authorities; (v) the National Agency for Fiscal Administration; (vi) the Financial Supervisory Authority. OMV Petrom has also the obligation to communicate personal data if requested by courts of law, prosecutors, criminal prosecution bodies, public notaries, court executors, if they are necessary to carry out verifications, investigations or litigations.

We inform you that any changes to personal data in the shareholders' registry (changes of name, address, etc.) are only made by Depozitarul Central S.A. at the request of the entitled shareholder/individual.

The Company will store shareholders' personal data for a period of time necessary for fulfilling its legal and contractual obligations, in compliance of the legal requirements in force. After the expiry of the above -mentioned period and after the Company ceases to have legal reasons or legitimate interests with regard to processing the personal data, the data will be erased according to Company's procedures.

In accordance with the legislation in force regarding the personal data protection, the shareholders benefit from specific rights regarding data processing, including the right to access the data, as well as, in accordance with the provisions of the legislation in force, the right to rectify or delete it, to restrict the processing, to oppose their processing and the right to data portability. Also, the shareholders have the right to submit complaints to the National Authority for Personal Data Processing Surveillance and the right to address to competent courts of law.

For additional details regarding exercising the above-mentioned rights, please refer to the Company's website www.omvpetrom.com, in the section Privacy Policy, as it will be updated periodically. Also, you may contact the Data Protection Officer regarding this processing by e-mail at: [e-mail]. 

Christina Verchere                                                                           Alina Popa

Chief Executive Officer                                                                      Chief Financial Officer

Annex 1 - Supporting documents for dividends payment

1.    CASH PAYMENTS

1.1  In case the resident individuals are presenting in person to the BRD branches, the dividend payment shall be made based on the identity document bearing the personal identification number (P.I.N.).

1.2  In case the non-resident individuals are presenting in person at the BRD branches, the payment of dividends shall be made upon the presentation of a passport. Non-resident individuals who seek the application of the more favourable provisions of a Double Tax Treaty for the avoidance of double taxation between Romania and their country of residence shall submit a valid tax residency certificate (in original or legalized copy, apostilled/super-legalized if applicable, supported by a Romanian authorized translation) and contact details (recommended for any further clarifications). The payment of dividends to persons seeking the application of the more favourable provisions of the convention on the avoidance of double taxation shall be performed within maximum 10 business days from receipt of the complete and correct fiscal documents and of any clarifications and additional documents requested.

1.3  In case of individuals under 14 years of age, the payment of dividends shall be made through the respective legal representative - tutor/parent of the minor, based on the following documents: shareholder's birth certificate bearing the P.I.N. + 1 certified as a "true copy" photocopy (the photocopy will be retained), the legal document establishing tutorship where the tutor is not a parent + 1 certified as a "true copy" photocopy (the photocopy will be retained), and the identification document of the tutor/parent + 1 certified as a "true copy" photocopy (the photocopy will be retained).

1.4  In case of individuals - disabled individuals, the payment of dividends shall be performed through the curator of the respective person, based on the following documents: shareholder's identity document bearing the P.I.N. + 1 certified as a "true copy" photocopy (the photocopy will be retained), the legal document establishing curatorship + 1 certified as a "true copy"  photocopy (the photocopy will be retained), and the identification document of the curator + 1 certified as a "true copy" photocopy (the photocopy will be retained).

1.5  In case of shareholders who do not present  in person at the cash desks, but empower a different person for such purposes, the dividends shall be paid to the respective empowered person based on the following documents: special power of attorney notarised by a public notary, which contains the mandate to receive the dividends issued by no more than 3 years before the payment date, except where the power of attorney has a duration of more than 3 years and is still valid on the date of payment + 1 certified as a "true copy" photocopy (the photocopy will be retained) and the identification document of the representative and +1 certified as a "true copy" photocopy (the photocopy will be retained).

1.6  The documents in a foreign language shall be submitted together with a certified Romanian translation, and documents in a foreign language issued by a foreign authority shall be apostilled/super-legalized, as applicable.

Note: no payments shall be authorized:

-    on the basis of certificates of inheritance,

-    to shareholders whose P.I.N.  as resulting from the documents presented to cash desks do not correspond with the one communicated by Depozitarul Central, in which case the shareholders not represented by a Participant shall address to Depozitarul Central,

cases in which such payments shall be made according to point 4 "Deceased shareholders".

2.    PAYMENTS BY BANK TRANSFER

The shareholders individuals and legal persons/other entities seeking the payment of dividends by bank transfer may request such payment to BRD as of the Payment Date (June 7, 2023), on the basis of the form "Request for the payment of dividends by bank transfer", supported by the following documents:

2.1  The shareholders who are individuals, in person or through legal or conventional representative shall submit the above mentioned form indicating the bank and account (IBAN code) opened on the name of the shareholder (the template is available on the Depozitarul Central website - www.depozitarulcentral.ro, on the website www.omvpetrom.com and on the website www.brd.ro), accompanied by:

Ø a copy of the valid identification document containing the personal identification number in a readable format - certified as a "true copy" by the holder;

Ø bank account excerpt or another original document issued by the bank (signed and stamped) whereby the bank certifies the existence of the account on the name of the shareholder and indicates the related IBAN code;

Ø a copy of the documents certifying the quality of the signatory as legal or conventional representative, if applicable - certified as a "true copy" by the holder;

Ø the non-resident individuals seeking the application of the more favourable provisions of the Double Taxation Treaty between Romania and their country of residence shall submit a valid tax residence certificate (original or notarised copy, apostilled/super-legalized, if the case, accompanied by a Romanian authorised translation) and the contact details (recommended for any further clarifications).

2.2  Shareholders who are legal persons/other entities through their legal or conventional representative, shall submit the above mentioned form indicating the bank and account (IBAN code) opened on the name of the shareholder (the template is available on the Depozitarul Central website - www.depozitarulcentral.ro, the website www.omvpetrom.com and the website www.brd.ro), accompanied by:

Ø a copy of the registration certificate - certified as a "true copy" by the holder;

Ø a copy of the document attesting the capacity of legal representative of the company (certificate of status issued by the Trade Register/the equivalent entity - for foreign entities) - certified as a "true copy" by the holder;

Ø a copy of the documents attesting the capacity as a conventional representative of the signatory of the request, if applicable - certified as a "true copy" by the holder;

Ø bank account excerpt or another original document (signed and stamped) whereby the bank certifies the existence of the account in the name of the shareholder - legal person, and indicating the related IBAN code;

Ø the non-resident legal persons/other entities seeking for the application of the more favourable provisions of the Double Taxation Treaty between Romania and their country of residence shall submit the following documents:

o  a valid tax residency certificate through their Participant, for the year in which the dividend is paid, within the validity period, in original or legalized copy, with apostille / super-legalization, if the case, accompanied by an authorized translation into Romanian;

o  for non-resident legal entities shareholders - a statement signed by hand or using an extended electronic signature based on qualified certificate according to the law by the legal representative/authorized person, representing the entity, attesting:

-     the identification data of the entity which is the shareholder of OMV Petrom, namely: the unique identification code/registration code as it is recorded in the Shareholders' Register of OMV Petrom held by Central Depositary, the full name of the entity, registration number with the responsible national authority (e.g. Trade Registry, Central Bank);

-     the entity is the beneficial owner of the dividend income received from OMV Petrom;

-     the entity is a corporate income tax or other tax replacing corporate income tax payer in its country of fiscal residence;

-     the dividend income is taxed with corporate income tax or other tax replacing corporate income tax in the country of fiscal residence, at the level of the entity who is an OMV Petrom's Shareholder;

o  the contact details (needed for any further clarifications and additional documents requested, depending on the specifics of the non-resident entity).

2.2.1 In the case of investment funds / collective investments undertakings without legal personality as per Romanian capital market regulations, also:

Ø a statement signed by hand or using an extended electronic signature based on qualified certificate according to the law by the legal representative/authorized person, representing the investment fund, attesting:

·    the investment fund type which is a shareholder of OMV Petrom (e.g. public investment fund/private investment fund);

·    the fact that the investment fund does not have legal personality;

·    the identification data of the investment fund which is the shareholder of OMV Petrom: the unique identification code/registration code as it is recorded in the Shareholders' Register of OMV Petrom held by Central Depositary, the full name of the investment fund; registration number in FSA Register, number and date of FSA (CNVM) decision of authorization;

Ø copy of the valid identity documents of the legal representative of the investment management company managing the fund - the identity /card with PIN for the Romanian citizens or passport with identification number for foreign citizens - certified as a "true copy" by the holder;

Ø copy of the relevant document attesting the quality of the person signing the statement as legal representative / authorized person to represent the fund - certified as a "true copy".

2.3  The documents in a foreign language shall be submitted with a notarised Romanian translation, and documents in a foreign language issued by a foreign authority shall be apostilled/super-legalized, as applicable.

The form "Request for the payment of dividends by bank transfer" and the supporting documents can be:

a)   submitted to the BRD cash desks starting June 7, 2023 or

b)    sent by registered mail to the address: "Directia Titluri - City Offices, Sos Oltenitei, nr. 2, sector 4, Bucharest, postal code 041312". In such case, the supporting documents requested above in simple copy shall be submitted as notarised copies

Note: no payments shall be authorized:

-    on the basis of certificates of inheritance;

-    to shareholders whose P.I.N., as resulting from the documents presented to cash desks do not correspond with the one communicated by Depozitarul Central, in which case the shareholders not represented by a Participant shall address to Depozitarul Central,

for such cases the payments shall be made according to point 4 "Deceased shareholders".

3.    Co-ownership shares

The payment of dividends for co-ownership shares shall be performed as follows:

3.1. In case of payments by bank transfer, the dividends payable to co-owners shall be paid in the bank account indicated by all the shareholders under the common request submitted to BRD.

3.2. Cash payments shall be disbursed provided that all the co-owners present themselves at BRD, in person or by legal and/or conventional representative and submit the above-mentioned documents for cash payments.

3.3. In case of payments to shareholders with an account opened with a Participant, the dividends owed to the co-owners shall be paid to the relevant Participant.

3.4. Where the co-owners request both the registration by Depozitarul Central of the direct transfer of ownership over the financial instruments following the termination of the co-ownership, pursuant to the applicable legal provisions, and the direct payment to each of the co-owners proportionally with the number of shares under exclusive ownership, Depozitarul Central shall block the payment of dividends, and the dividends shall be paid to each former co-owner in accordance with this procedure.

4.    Deceased shareholders

4.1. Where the Shareholders' Registry contains persons who are deceased as at the Registration Date, the dividends shall be paid only after the request by the heir(s) and the registration by Depozitarul Central of the direct transfer of ownership over the financial instruments as effect of the inheritance, pursuant to the legal provisions in force. 

Annex 2

(in accordance with Emergency Ordinance no. 49/1997)

COMPANIES that have merged with the National Petroleum Company "Petrom" S.A. Bucharest

1. "Arpechim"                                     

2. "Petrobrazi"                                    

3. "Peco" Alba                                    

4. "Peco" Arad                                               

5. "Peco" Argeş                                              

6. "Peco" Bacău                                             

7. "Peco" Bihor                                               

8. "Peco" Bistriţa                                

9. "Peco" Botoşani                             

10. "Peco" Braşov                              

11. "Peco" Braila                                            

12. "Peco" Buzău                               

13. "Peco" Caraş-Severin                  

14. "Peco" Călăraşi                

15. "Peco" Cluj                                   

16. "Peco" Constanţa                         

17. "Peco" Covasna                           

18. "Peco" Dâmboviţa                                   

19. "Peco" Dolj                                               

20. "Peco" Galaţi                                

21. "Peco" Giurgiu                 

22. "Peco" Gorj                                  

23. "Peco" Harghita               

24. "Peco" Hunedoara

25. "Peco" Ialomiţa

26. "Peco" Iaşi

27. "Peco" Maramureş

28. "Peco" Mehedinţi

29. "Peco" Mureş

30. "Peco" Neamţ

31. "Peco" Olt                                                                                          

32. "Peco" Prahova

33. "Peco" Satu Mare

34. "Peco" Sălaj

35. "Peco" Sibiu

36. "Peco" Suceava

37. "Peco" Teleorman

38. "Peco" Timiş

39. "Peco" Tulcea

40. "Peco" Vaslui

41. "Peco" Vâlcea

42. "Peco" Vrancea

43. "Competrol"

44. "Transpeco"

45. "Compania Romana de Petrol" (C.R.P., Rafirom, Peco Bucuresti, Petrotrans)

 

END