24 Mar 2020

MOL’s Annual General Meeting on 16 April 2020 will not be held

On 16 March 2020, the Company announced that its Board of Directors convened the Annual General Meeting (hereinafter: the “AGM”) of the Company for 16 April 2020. Due to the situation caused by the coronavirus epidemic (Covid-19)...

MOL Plc. (“MOL”) hereby notifies the market participants of the following:

On 16 March 2020, the Company announced that its Board of Directors convened the Annual General Meeting (hereinafter: the “AGM”) of the Company for 16 April 2020.

Due to the situation caused by the coronavirus epidemic (Covid-19) and having regard to applicable laws (in particular Section 4 of Government Decree no. 46/2020 (III.16.)) and publicly available information, the Company hereby announces that it sees no possibility to hold its AGM on 16 April 2020.

Notwithstanding the foregoing and in line with the standards of utmost transparency, today the Company will publish on its website its audited 2019 Consolidated and Parent Company Financial Statements, the related Auditor reports, Management Discussion and Analysis and the MOL Plc. Corporate Governance Report in accordance with Budapest Stock Exchange Corporate Governance Recommendations.

MOL will continue to monitor the circumstances concerning the epidemic as well as all related applicable law, authority decisions and communication.

MOL's Board of Directors will make an announcement at a later date about the holding of the General Meeting and its proposals regarding the agenda points (including the one regarding the distribution of the profit after taxation).

We kindly ask our Shareholders to continue following the website of MOL in relation to the General Meeting [link]