EANS-Public Payment: OMV Aktiengesellschaft / Report on payment to government agencies according to art. 128 Stock Exchange Act

Public Payment transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Consolidated Report on the Payments Made to Governments

Section 267c of the Austrian Commercial Code

Section 267c of the Austrian Commercial Code (UGB) requires that large undertakings and public interest entities that are active in the extractive industry or logging of primary forests prepare the following consolidated report on payments to governments. This section implements Chapter 10 of EU Accounting Directive (2013/34/EU). The "Basis of preparation" paragraph provides information to the reader about the contents of the report. This also includes information on the type of payment for which disclosure is required and how OMV has implemented the regulations in the preparation of the report.

Basis of preparation

Reporting entities
Under the requirements of the regulation, OMV Aktiengesellschaft is required to prepare a consolidated report covering payments made to governments for each financial year in relation to extractive activities by itself and any subsidiary undertakings included in the consolidated Group financial statements.

Activities within the scope of the report
Payments made by the OMV Group (hereafter OMV) to governments that arose from exploration, prospection, discovery, development and extraction of minerals, oils and natural gas deposits or other materials within extractive activities are presented in this report.

A "government" is defined as any national, regional or local authority of a country and includes a department agency or entity undertaking that is controlled by the government authority and includes national oil companies.

In cases where a state-owned entity engages in activities outside of its designated home jurisdiction, then it is not deemed to be a reportable governmental body for these purposes and thus payments made to such an entity in these circumstances are not reportable.

Project Definition
The regulation also requires payments to be reported on a "project" basis as well as on a government and governmental body basis. A project is defined as the operational activities that are governed by a single contract, license, lease, concession or similar legal agreement and form the basis for payment liabilities to the government. Where these agreements as per the aforementioned definition are substantially interconnected, these agreements are treated for the purpose of these regulations as a single project.

"Substantially interconnected" is defined as a set of operationally and geographically integrated contracts, licenses, leases or concessions or related agreements with substantially similar terms that are signed with a government, giving rise to payment liabilities. Such agreements can be governed by a single contract, joint venture agreement, production sharing agreement or other overarching legal agreement.

There may be instances - for example, corporate income taxes, where it is not possible to attribute the payment to a single project and therefore these payments are shown at the country level.

Cash and payments in kind
In accordance with the regulation, payments have to be reported on a cash basis. This means that they are reported in the period in which they are paid and not in the period in which they are accounted for on an accruals basis.

Refunds are also reported in the period in which they are received and will either be offset against payments made in the period or be shown as negative amounts in the report.

Payments in kind made to a government are converted to an equivalent cash value based on the most appropriate and relevant valuation method for each payment type. This can be at cost or market value and an explanation is provided in the report to help explain the valuation method. Where applicable, the related volumes are also included in the report.

Payment reporting methodology
The regulations require that payments are to be reported where they are made to governments by OMV. It is required that the report reflect the substance of each transaction and activity. Based on these requirements, OMV has considered its reporting obligation as:

- Where OMV makes a payment directly to the government, these payments will be reported in full, irrespective of whether this is made in the sole capacity of OMV or in OMV's capacity as the operator of a joint operation.

- In cases where OMV is a member of a joint operation for which the operator is a state-owned entity (i.e. a government), payments made to that state-owned entity will be disclosed where it is possible to identify the reportable payment from other cost recovery items.

- For host government production entitlements, the terms of the agreement have to be considered; for the purpose of reporting in this report, OMV will disclose host government entitlements in their entirety where it is the operator.

Payments made as a single payment or a series of related payments that are below EUR 100,000 within a financial year are excluded from this report.

Reporting currency
Payments made in currencies other than euros are translated for the purposes of this report at the average rate of the reporting period.

Payment types disclosed

Production entitlements
Under production sharing agreements (PSAs), the host government is entitled to a share of the oil and gas produced and these entitlements are often paid in kind. The report will show both the value and volume of the government's production entitlement for the relevant period in barrels of oil equivalent (boe).

The government share of any production entitlement will also include any entitlements arising from an interest held by a state-owned entity as an investor in projects within its sovereign jurisdiction. Production entitlements arising from activities or interests outside of a state-owned entity's sovereign jurisdiction are excluded.

Taxes levied on income, production or profits of companies are reported. Refunds will be netted against payments and shown accordingly. Consumption taxes, personal income taxes, sales taxes, property taxes and environmental taxes are not reported under the regulations. Although there is a tax group in place, the reported corporate income taxes for Austria relate entirely to the extractive activities in Austria of OMV's subsidiaries, with no amounts being reported relating to OMV's non-extractive activities in Austria.

Royalties relating to the extraction of oil, gas and minerals paid to a government are to be disclosed. Where royalties are paid in kind, the value and volume are reported.

In accordance with the regulations, dividends are reported when paid to a government in lieu of production entitlements or royalties. Dividends that are paid to a government as an ordinary shareholder are not reported, as long as the dividends are paid on the same terms as that of other shareholders.

For the year that ended December 31, 2018, OMV had no such reportable dividend payments to a government.

Bonuses include signature, discovery and production bonuses in each case to the extent paid in relation to the relevant activities.

These include license fees, rental fees, entry fees and all other payments that are paid in consideration for access to the area where extractive activities are performed.

The report excludes fees paid to a government that are not specifically related to extractive activities or access to extractive resources. In addition payments paid in return for services provided by a government are also excluded.

Infrastructure improvements
The report includes payments made by OMV for infrastructural improvements, such as the building of a road or bridge that serves the community, irrespective of whether OMV pays the amounts to non-government entities. These are reported in the period during which the infrastructure is made available for use by the local community.

Payments overview

The overview table below shows the relevant payments to governments that were made by OMV in the year that ended December 31, 2018.

Of the seven payment types that are required by the Austrian regulations to be reported upon, OMV did not pay any dividends, bonuses or infrastructure improvements that met the defined accounting directive definition and therefore these categories are not shown.

Payments overview In EUR 1,000 Production Taxes Royalties Fees Total Entitlements Country 24,033 75,726 99,759 Austria Kazakhstan 24,848 781 25,629 Madagascar 414 414 Norway 127,898 5,911 133,809 New Zealand 27,619 33,490 471 61,580 Pakistan 1,923 1,777 633 4,333 Romania 178,477 162,918 19,684 361,079 Tunisia 17,981 7,361 25,342 United Arab 12,567 1,271,015 1,283,582 Emirates Yemen 50,946 4,836 55,782 Total 50,946 402,779 298,675 1,298,909 2,051,309

No payments have been reported for Libya for the year 2018 as OMV was not the operator.

On April 29, 2018, OMV signed a concession agreement for the acquisition of a 20% stake in two oil fields in Abu Dhabi from ADNOC. The concession area consists of two offshore fields under development, Umm Lulu and Satah Al Razboot (SARB),as well as two satellite fields, Bin Nasher and Al Bateel. The agreed participation fee amounted to USD 1.5 bn.

On June 28, 2018, OMV closed the sale of its Upstream companies active in Pakistan and material payments made in 2018 prior to this date have been reported.

On November 30, 2017, OMV acquired a stake of 24.99% in OJSC Severneftegazprom (SNGP). As SNGP is an associated company and therefore accounted for using the equity method in OMV Group Consolidated Financial Statements it does not meet the definition of a reporting entity in the context of the Austrian Commercial Code.

Payments by Country

Payments by country In EUR 1,000 Production Taxes Royalties Fees Total Entitlements Austria Governments Federal Ministry for Digital and Economic 75,726 75,726 Affairs Federal Ministry of 24,033 24,033 Finance Total 24,033 75,726 99,759 Projects Lower Austria 24,033 75,726 99,759 Total 24,033 75,726 99,759 Kazakhstan Governments State Revenue 24,848 214 25,062 Committee Training centers 567* 567 universities Total 24,848 781 25,629 Projects Tasbulat 9,926 533 10,459 Komsomolskoe 14,922 248 15,170 Total 24,848 781 25,629

* Financing of various expenses with regard to university training centers as agreed within the concession Agreement

Payments by country In EUR 1,000 Production Taxes Royalties Fees Total Entitlements Madagascar Governments Office des Mines Nationales et 414 414 des Industries Stratégiques Total 414 414 Projects Explorations 414 414 Total 414 414 Norway Governments Oljedirektoratet 5,834 5,834 Skatteetaten 127,898 77 127,975 Total 127,898 5,911 133,809 Projects Gulfaks 51 51 Gudrun 51 51 Norway Exploration 5,905 5,905 Projects Payments not attributable to 127,796 6 127,802 projects Total 127,898 5,911 133,809

Payments by country In EUR 1,000 Production Taxes Royalties Fees Total Entitlements New Zealand Governments Crown Minerals 33,490 33,490 Inland Revenue 27,456 27,456 Ministry of Business and 163 129 292 Innovation Environmental Protection Authority 231 231 Maritime Safety Authority 111 111 Total 27,619 33,490 471 61,580 Projects Maari 10 6,770 289 7,069 Maui 2 1,926 1,928 Pohokura 689 24,794 25,483 New Zealand exploration projects 152 182 334 Payments not attributable to 26,766 26,766 projects Total 27,619 33,490 471 61,580 Pakistan Governments Federal Board of Revenue Government of Pakistan 1,923 1,923 Director General of Petroleum 1,777 372 2,149 Concessions Local Government, District Sukker 261 261 Total 1,923 1,777 633 4,333 Projects Mehar 432 204 636 Miano 258 326 584 Sawan 1,087 64 1,151 Pakistan exploration projects 39 39 Payments not attributable to 1,923 1,923 projects Total 1,923 1,777 633 4,333 Romania Governments State budget 178,477 162,918 341,395 Local councils 4,840 4,840 National Agency for Mineral 566 566 Resources (ANRM) National Company of Forests 13,425 13,425 CONPET SA 106 106 National Authority for Electricity Regulation (ANRE) 569 569 Offshore Operations Regulatory Authority (ACROPO) 178 178 Total 178,477 162,918 19,684 361,079 Projects Onshore production zones 123,809 18,901 142,710 Onshore Joint Ventures 1,233 10 1,243 Offshore Black Sea 37,876 217 38,093 Payments not attributable to 178,477 556 179,033 projects Total 178,477 162,918 19,684 361,079

Payments by country In EUR 1,000 Production Taxes Royalties Fees Total Entitlements Tunisia Governments Receveur des Finances 16,418 16,418 Receveur des Douanes 1,563 1,563 Entreprise Tunisienne d'Activités 6,848 * 6,848 Pétrolières Tresorerie Generale de Tunisie 513 513 Total 17,981 7,361 25,342 Projects TPS 11,299 11,299 South Tunisia 6,682 7,3611 14,043 Total 17,981 7,361 25,342

* Includes payments in kind for 112,781 bbl of crude oil valued using the average monthly price per boe

In Tunisia where OMV is not the operator, its proportional contribution to the host government's royalties for 2018 would have been EUR 6.42 mn for 113,890 bbl of crude oil valued using the average monthly price per boe.

Payments by country In EUR 1,000 Production Taxes Royalties Fees Total Entitlements United Arab Emirates Governments Abu Dhabi National Oil Company 905 905 (ADNOC) Emirate of Abu Dhabi - Finance 12,567 1,270,110 1,282,677 Department Total 12,567 1,271,015 1,283,582 Projects Umm Lulu and SARB 12,567 1,271,015 1,283,582 Total 12,567 1,271,015 1,283,582 Yemen Governments Ministry of Oil & Minerals 50,946 * 4,836 ** 55,782 Total 50,946 4,836 55,782 Projects Block S2 50,946 * 4,836 ** 55,782 Total 50,946 4,836 55,782

* Payments in kind for 882,342 boe valued at prices set by the Yemen Crude Oil Marketing Directorate
** Payments in kind for 83,738 boe valued at prices set by the Yemen Crude Oil Marketing Directorate

Vienna, March 13, 2019

The Executive Board
Rainer Seele m.p.
Johann Pleininger m.p.
Reinhard Florey m.p.
Manfred Leitner m.p.

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