Petrol d d : Resolutions of 36th general meeting of petrol d.d., ljubljana 23.1.2023

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana

tel.: [phone] www.petrol.si

Pursuant to the provisions of the Slovenian Companies Act (ZGD-1), the Market in Financial Instruments Acts (ZTFI), the Ljubljana Stock Exchange Rules and the Slovenian Corporate Governance Code for Listed Companies, the Management Board of Petrol d.d., Ljubljana, Dunajska cesta 50, Ljubljana

hereby announces that the 36th General Meeting of Shareholders

Petrol, Slovenska energetska družba, d.d., Ljubljana,

attended by the shareholders - owners of 27,913,633 shares, representing 66.90% of the Company's share capital and 67.96% of all voting shares, chaired by Attorney Uroš Pogačnik from Grosuplje-based Law Firm Čeferin in partnerji, o.p., d.o.o. as Chairman of the General Meeting, and Gregor Mavsar and Barbara Jama Živalič as officials responsible for counting votes, and attended by Bojan Podgoršek, Notary Public from Ljubljana

held at 12:00 (noon) on 23 January 2023, discussed the following resolutions:

Item 1 of the Agenda - Opening of the General Meeting and election of working bodies

Adopted resolution: 1.1.

Attorney Uroš Pogačnik from a Grosuplje-based Law Firm Čeferin, Pogačnik, Novak, Koščak in partnerji, o.p., d.o.o. shall be elected Chairman of the General Meeting, and Gregor Mavsar and Barbara Jama Živalič as officials responsible for counting the votes.

The General Meeting is informed that the notarial protocol will be drawn up by Bojan Podgoršek, Notary Public from Ljubljana.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 27,913,633. The number of shares for which valid votes were cast amounted to 27,913,633, the proportion of these shares in the share capital of the Company amounted to 66.90%. The total number of valid votes cast amounted to 27,913,633 and represented 67.96% of all voting shares, of which 27,909,393 votes were in favour of the resolution, accounting for 99.985% of the total number of votes cast, 4,240 votes were against the resolution, accounting for 0.015% of the total number of votes cast, and there were no abstentions.

Vpis v sodni register: Okrožno sodišče v Ljubljani, matična štev.: 5025796000, osnovni kapital: 52.240.977,04 EUR, ID za DDV SI80267432

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana

tel.: [phone] www.petrol.si

Item 2 of the Agenda - Removal and election of a substitute member of the Supervisory Board of Petrol d.d., Ljubljana

Rejected resolution proposal: 2.1.

The General Meeting hereby removes Aleksander Zupančič from the function of a Member of the Supervisory Board of Petrol, d.d., effective from 23 January 2023.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 27,916,953. The number of shares for which valid votes were cast amounted to 21,785,753; the proportion of these shares in the share capital of the Company amounted to 52.211%. The total number of valid votes cast amounted to 21,785,753 and represented 53.044% of all voting shares, of which 16,825,349 votes were in favour of the resolution, accounting for 60.269% of the total number of the votes present, and 4,960,404 votes were against the resolution, accounting for 17.77% of the total number of the votes present, and the number of abstentions was 6,131,200, accounting for 21.96% of the total number of the votes present.

The Chairman of the General Meeting concluded that resolution 2.1 about the early removal of the Supervisory Board Member Aleksander Zupančič was not adopted because the required ¾ (three- quarter) majority of the votes present at the General Meeting, such as set out in the Company's Articles of Association, was not reached; only 60.269% of the votes present at the General Meeting were in favour of the resolution. He informed the participants that for that reason, the shareholders would not vote on the proposal of the shareholders Slovenski državni holding d.d. (Slovenian Sovereign Holding) and the Republic of Slovenia to adopt resolution 2.2 on the election of the substitute member of the Supervisory Board.

Item 3 of the Agenda - Report of the Management Board of Petrol d.d. about the operations of the subsidiary Geoplin d.o.o. in 2022 and the estimate of Geoplin d.o.o.'s operations in 2023.

Adopted resolution: 3.1.

The General Meeting has been briefed on the Report of the Management Board of Petrol d.d. about the operations of the subsidiary Geoplin d.o.o. in 2022 and the estimate of Geoplin d.o.o.'s operations in 2023.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 27,916,953. The number of shares for which valid votes were cast amounted to 27,799,651; the proportion of these shares in the share capital of the Company amounted to 66.62%. The total number of valid votes

Vpis v sodni register: Okrožno sodišče v Ljubljani, matična štev.: 5025796000, osnovni kapital: 52.240.977,04 EUR, ID za DDV SI80267432

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana

tel.: [phone] www.petrol.si

cast amounted to 27,799,651 and represented 67.69% of all voting shares, of which 27,794,771 votes were in favour of the resolution, accounting for 99.98% of the total number of votes cast, 4,880 votes were against the resolution, accounting for 0.02% of the total number of votes cast, and the number of abstentions was 117,302.

Item 4 of the Agenda - Report of the Supervisory Board and the Management Board of Petrol d.d. about the action taken to be compensated for the damage resulting from the regulated energy commodity prices in 2022, the estimate of the Company's/Petrol Group's operations in 2023 and the measures concerning a potential business restructuring of the Company/Petrol Group as a result of the energy price regulation in 2023.

Adopted resolution: 4.1.

The General Meeting has been briefed on the Report of the Supervisory Board and the Management Board of Petrol d.d. about the action taken to be compensated for the damage resulting from the regulated energy commodity prices in 2022, the estimate of the Company's/Petrol Group's operations in 2023 and the measures concerning a potential business restructuring of the Company/Petrol Group as a result of the energy price regulation in 2023.

Results of the vote:

The total number of shares represented at the General Meeting for this item was 27,916,953. The number of shares for which valid votes were cast amounted to 27,819,793; the proportion of these shares in the share capital of the Company amounted to 66.67%. The total number of valid votes cast amounted to 27,819,793 and represented 67.74% of all voting shares, of which 27,813,773 votes were in favour of the resolution, accounting for 99.98% of the total number of votes cast, 6,020 votes were against the resolution, accounting for 0.02% of the total number of votes cast, and the number of abstentions was 97,160.

Notice!(in accordance with Recommendations of the Ljubljana Stock Exchange to public companies regarding notification with respect to non-adoption and/or amendments of the resolutions proposed at a General Meeting):

The resolution under item 1 was adopted as proposed by the Management Board. Under item 2, resolution 2.1 as proposed by the shareholders SDH d.d. (SSH) and the Republic of Slovenia was not adopted and for that reason resolution proposal under item 2.2 was not put up to a vote. The proposed resolutions under items 3 and 4 were adopted as proposed by the shareholders VIZIJA HOLDING d.o.o. and VIZIJA HOLDING ENA d.o.o. in their request to supplement the agenda.

Announced contesting:

The shareholders did not announce contesting any of the adopted resolutions.

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Vpis v sodni register: Okrožno sodišče v Ljubljani, matična štev.: 5025796000, osnovni kapital: 52.240.977,04 EUR, ID za DDV SI80267432

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana

tel.: [phone] www.petrol.si

As of the day of the General Meeting, the Company owns 41,726,020 shares, of which:

• 614,460 own shares with no voting rights,
• 40,500 other non-voting shares,
• 41,071,060 all voting shares.

The share of voting rights of the first five major shareholders present at the General Meeting amounted to 53.66% of the total voting shares. The following five major shareholders were represented at the General Meeting:

Shareholder	No. of shares and	% of the total
		voting rights	voting rights of
			the Company
1.	Clearstream Banking SA - fiduciary	6,130,700	14.93%
account
2.	Slovenski državni holding, d.d.	5,299,220	12.90%
3.	The Republic of Slovenia	4,513,980	10.99%
4.	Kapitalska družba d.d.	3,452,780	8.41%
5. Otp banka d.d. - client account - fiduci	2,642,001	6.43%
TOTAL	22,038,681	53.66%

As regards the organised collection of authorisations, the Company has incurred costs of EUR 19,867.13 EUR.

Ljubljana, 23 January 2023

Nada Drobne Popović

President of the Management Board

Vpis v sodni register: Okrožno sodišče v Ljubljani, matična štev.: 5025796000, osnovni kapital: 52.240.977,04 EUR, ID za DDV SI80267432