Proposed Dividend for Petrol d.d., Ljubljana Shareholders

Ljubljana, 13 April 2023 – At its 32nd meeting, the Supervisory Board of Petrol d.d., Ljubljana, discussed and endorsed the Annual Report of the Petrol Group and Petrol d.d., Ljubljana, for 2022.

With a view to pursuing stable returns to owners, the Supervisory Board and the Management Board will propose to the General Meeting of Petrol d.d., Ljubljana, that dividend for 2022 be paid in the gross amount of EUR 0.70 per share. This amount is determined by taking into account the difficult business conditions in 2022, the necessary investments, free cash flow, the Company’s debt level, development plans, retained earnings from previous years, appropriate net debt-to-EBITDA ratio, and the liquidity situation.