MOL : Resolutions of the Annual General Meeting of MOL held on 12th April, 2018

12-04-2018

MOL Hungarian Oil and Gas Public Limited Company held its Annual General Meeting (AGM) on 12th April 2018. The AGM had a quorum as shareholders representing 43.02% of the shares entitled to vote appeared at the AGM. The AGM adopted the following resolutions (the resolutions will be submitted to the Court of Registry following the completion of the Minutes within 30 days after the AGM).

• The AGM approved with 260,305,980 yes votes (100%) the electronic vote collection method.
• The AGM approved with 260,305,908 yes votes (100%) the election of the keeper of the minutes, the person to authenticate the minutes and the counters of the votes in line with the proposal of the Chairman of the Annual General Meeting.
• The AGM approved with 258,661,486 yes votes (99.37%) the 2017 parent company financial statement of MOL Plc. Prepared based on Section 9/A of the Hungarian Accounting Act, in accordance with the International Financial Reporting Standards as adopted by the European Union (IFRS) and the related independent auditor's report with total assets of HUF 2,851,428 million and net profit of HUF 185,867 million, and the 2017 consolidated financial statement of MOL Plc. prepared based on Section 10 of the Hungarian Accounting Act, in accordance with the IFRS and the related independent auditor's report with total assets of HUF 4,231,700 million and net profit of HUF 316,410 million.
• The AGM approved with 260,305,980 yes votes (100%) to pay HUF 94,278,069,345 shall be paid out as dividend in 2018, for them 2017 financial year. The dividend on treasury shares will be distributed to those shareholders eligible for such dividend, in proportion to their number of shares.
• The AGM approved with 235,964,698 yes votes (90.65%) the Corporate Governance Declaration, based on the Corporate Governance Recommendations of the Budapest Stock Exchange.
• The AGM - under Article 12.12 of the Articles of Association - approved with 178,224,509 yes votes (68.47%) the work of Board of Directors performed during the 2017 business year and granted waiver to the Board of Directors and its members under Article 12.12 of the Articles of Association.
• The AGM approved with 260,305,980 yes votes (100%) the election of Ernst & Young Könyvvizsgáló Kft. (1132 Budapest, Váci út 20.) to be the independent auditor of MOL Plc. for the business year 2018, until the annual general meeting to be held in 2019, but until 30 April 2019 the latest.
• The AGM acknowledged with 220,209,253 yes votes (84.60%) the presentation of the Board of Directors of the Company regarding the acquisition of treasury shares following the ordinary Annual General Meeting of 2017 in accordance with Section 3:223 (4) of the Civil Code.
• The AGM approved with 250,432,106 yes votes (96.21%) the authorization of the Board of Directors of the Company for 18 months period from the date of the AGM to acquire treasury shares. The total amount of nominal value of treasury shares owned by the Company at any time may not exceed 25% of the actual share capital of the Company.
• The AGM elected with 229,360,339 yes votes (88.11%) Mr. Zsolt Hernádi to be a member of the Board of Directors from 1 May 2018 to 30 April 2023.
• The AGM elected with 230,339,621 yes votes (88.49 %) Mr. Zoltán Áldott as member of the Supervisory Board from 12 April 2018 to 11 April 2023.
• The AGM elected with 230,737,601 yes votes (88.64%) Prof. Dr. András Lánczi as member of the Supervisory Board from 12 April 2018 to 11 April 2023.
• The AGM elected with 235,759,254 yes votes (90.57%) Mr. Csaba Szabó as employee representative in the Supervisory Board of the Company from 12 April 2018 to 11 April 2023.

The AGM documents are available on MOL Group's web site http://molgroup.info/en/.

For further information, please contact:
Investor Relations: + 36 1 464 1395
facsimile: + 36 1 464 1335