ORLEN's position on the Sustainable Transport Investment Plan (STIP)

In ORLEN's opinion, the preparation and subsequent implementation of the STIP will require the involvement of all market participants, including EU and national institutions, as well as entities operating in specific sectors, such as transport and energy.

The main elements highlighted by ORLEN in its position include:

1. The need for high investment expenditure, especially in the energy and transport sectors;

2. The availability of raw materials and affordable energy, which are key to the transition and the pursuit of decarbonisation;

3. The scalability of projects and high operating costs.

At the same time, the Company presented several key recommendations which, in its opinion, may contribute to the fair and gradual achievement of climate neutrality in the transport sector. These recommendations include, in particular:

• stability, predictability and alignment of the legal and regulatory environment with business needs
• regulatory and financial support for both renewable and low-carbon fuel production;
• introduction of long-term financial instruments ensuring project stability and bankability;
• the adoption of regional support mechanisms for the production of RFNBO, including eSAF and SAF fuels;
• taking into account the role of BioCNG, BioLNG and hydrogen in the planned EU strategy for investment in the transport sector.

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