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22. April 2018

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 paymentl iabilities. 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 i n 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 activitie sor 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, 2017, OMV had no such reportable dividend payments to agovernment.

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 inthe year that ended December 31, 2017.

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

Payments overview In EUR 1,000 Taxes Royalties Fees Total Country Austria 1,264 69,993 71,257 Kazakhstan 13,759 949 14,708 Madagascar 292 292 Norway 9,718 9,718 New Zealand 10,184 31,435 112 41,731 Pakistan 5,177 3,899 863 9,939 Romania 146,122 123,836 13,428 283,386 Tunisia 13,376 5,840 19,216 Total 199,600 235,003 15,644 450,247

No payments have been reported for Libya for the year 2017 as OMV was not the operator.

On January 13, 2017, OMV divested its interest in OMV (U.K.) Limited and there were no material payments in 2017 prior to this date. On November 30, 2017, OMV completed the acquisition of an interest in the Yuzhno Russkoye natural gas field located in Western Siberia from Uniper SE.

On November 30, 2017, OMV completed the acquisition of an interest in the Yuzhno Russkoye natural gas field located in Western Siberia from Uniper SE.

The interest in the natural gas field was obtained by acquiring a stake of 24.99% in OJSC Severneftegazprom(SNGP), which holds the production license to the Yuzhno Russkoye field. 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 Taxes Royalties Fees Total Austria Governments Federal Ministry for Digital and Economic Affairs 69,993 69,993 Federal Ministry of Finance 1,264 1,264 Total 1,264 69,993 71,257 Projects Lower Austria 1,264 69,993 71,257 Total 1,264 69,993 71,257 Kazakhstan Governments State Revenue Committee 13,759 13,759 Akimat of Mangistau Region 427 1 427 Training centers universities 522 2 522 Total 13,759 949 14,708 Projects Tasbulat 6,374 544 6,918 Komsomolskoe 7,385 405 7,790 Total 13,759 949 14,708

1 Financing of various projects under the joint control of the Akimat of Mangistau Region and OMV within the concession agreement and spentas per the agreed projects
2 Financing of various expenses with regard to university training centers as agreed within the concession agreement

Payments by country In EUR 1,000 Taxes Royalties Fees Total Madagascar Governments Office des Mines Nationales et des 292 292 Industries Stratégiques Total 292 292 Projects Explorations 292 292 Total 292 292 Norway Governments Skatteetaten 9,718 9,718 Total 9,718 9,718 Projects Gulfaks 54 54 Gudrun 54 54 Payments not attributable to 9,610 9,610 projects Total 9,718 9,718

Payments by country In EUR 1,000 Taxes Royalties Fees Total New Zealand Governments Crown Minerals 31,435 31,435 Inland Revenue 9,998 9,998 Ministry of Business 186 6 192 and Innovation Environmental 106 106 Protection Authority Total 10,184 31,435 112 41,731 Projects Maari 14 5,139 106 5,259 Maui 237 237 Pohokura 26,059 26,059 New Zealand 172 172 exploration projects Payments not attributable to 9,998 6 10,004 projects Total 10,184 31,435 112 41,731 Pakistan Governments Federal Board of Revenue Government 5,177 5,177 of Pakistan Director General of Petroleum 3,899 480 4,379 Concessions Local Government, 132 132 District Khairpur Local Government, 251 251 District Sukker Total 5,177 3,899 863 9,939 Projects Mehar 207 182 389 Miano 915 415 1,330 Sawan 2,777 234 3,011 Pakistan exploration 32 32 projects Payments not attributable to 5,177 5,177 projects Total 5,177 3,899 863 9,939 Romania Governments State budget 146,122 123,836 269,958 Local councils 3,154 3,154 National Agency for Mineral Resources 676 676 (ANRM) National Company of 9,500 9,500 Forests CONPET SA 98 98 Total 146,122 123,836 13,428 283,386 Projects Onshore production 94,200 13,391 107,591 zones Onshore Joint 700 13 713 Ventures Offshore Black Sea 28,936 24 28,960 Payments not attributable to 146,122 146,122 projects Total 146,122 123,836 13,428 283,386

Payments by country In EUR 1,000 Taxes Royalties Fees Total Tunisia Governments Receveur des Finances 12,117 12,117 Receveur des Douanes 1,259 1,259 Entreprise Tunisienne d’Activités 4,988 3 4,988 Pétrolières Tresorerie Generale 852 852 de Tunisie Total 13,376 5,840 19,216 Projects Ashtart 244 244 TPS 5,931 5,931 South Tunisia 7,201 5,840 3 13,041 Total 13,376 5,840 19,216

3 Includes payments in kind for 102,268 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 2017 would have been EUR 8.9 mn for 195,257 bbl of crude oil valued using the average monthly price per boe.

Vienna, March 14, 2018

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

end of announcement euro adhoc

issuer: OMV Aktiengesellschaft
Trabrennstraße 6-8
A-1020 Wien
phone: +43 1 40440/21600
FAX: +43 1 40440/621600
ISIN: AT0000743059
indexes: ATX
stockmarkets: Wien
language: English

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