ORLEN Unipetrol RPA s.r.o. concluded agreements for the purchase of petrol stations in Hungary and Slovakia

PKN ORLEN S.A. („Company”) informs that on 1 December 2022, ORLEN Unipetrol RPA s.r.o. ("ORLEN Unipetrol") concluded agreements ("Agreements"), with MOL Hungarian Oil and Gas Public Limited Company ("MOL"), resulting with acquisition of 100% of shares in Normbenz Magyarorság Kft with its registered office in Budapest by ORLEN Unipetrol. As a result of the Agreements, ORLEN Unipetrol will become the owner of 79 petrol stations located in Hungary.

Moreover, according to the Agreements the relevant companies from the ORLEN Unipetrol Group will acquire 103 more fuel stations located in Slovakia and Hungary, where the acquisition and rebranding of 64 stations in Hungary will be gradually realized by mid-2024, and 39 stations in Slovakia by mid-2023.

Terms and conditions of the Agreements are consistent with the information published by PKN ORLEN S.A. in the regulatory announcement no 2/2022 of January 12, 2022, including the estimated total value of all transactions of acquiring by the companies from ORLEN Group the fuel stations located in Hungary and Slovakia which will amount to EUR 229 m subject to customary adjustments at the day of handover.

See also: regulatory announcement no 87/2022 as of 30 November 2022.