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PETROL Ljubljana, September 30 th , 2014

PETROL Ljubljana, September 30 th , 2014. Contents. 2. Petrol Group’s Results Strategy 2014 - 2018 Investor Information Appendix. Ljubljana, September 30 th , 2014. 1. PETROL GROUP‘S RESULTS. 1. PETROL GROUP‘S RESULTS. Introduction of the Petrol Group. 4.

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PETROL Ljubljana, September 30 th , 2014

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  1. PETROL Ljubljana, September 30th, 2014

  2. Contents 2 • Petrol Group’s Results • Strategy 2014 - 2018 • Investor Information Appendix Ljubljana, September 30th, 2014

  3. 1. PETROL GROUP‘S RESULTS 1. PETROL GROUP‘S RESULTS

  4. Introduction of the Petrol Group 4 Sales revenue in 2013: EUR 3,947 million • The leading Slovenian energy company and the principal strategic supplier of petroleum products and other energy products in Slovenia. • Main business areas: oil trading activity, gas, electricity and other energy and environmental activities. • The largest company and largest group in Slovenia by turnover in 2013. • Third largest company by market capitalisation on the Ljubljana Stock Exchange as per 31.8.2014. • 39.7% indirectly owned by the Slovenian government, primarily through two state- owned funds (Slovenska odškodninska družba d.d. and Kapitalska družba d.d.). EBITDA in 2013: EUR 134 million Ljubljana, September 30th, 2014

  5. The Petrol Group – 25 companies in 8 countries 5 5 • Parent Company Petrol d.d., Ljubljana • Subsidiaries in Slovenia Petrol Maloprodaja Slovenija d.o.o., Ljubljana Petrol Tehnologija d.o.o., Ljubljana Petrol Energetika d.o.o., Ravne na Koroškem IGES d.o.o., Ljubljana (with GEN-I d.o.o.) Eltec Petrol d.o.o., Bled Petrol Geoterm d.o.o., Lendava • Subsidiaries abroad AUSTRIA: Petrol-Trade Handelsges.m.b.H., Vienna CROATIA: Petrol d.o.o., Zagreb Petrol Plin d.o.o., Šibenik BOSNIA AND HERZEGOVINA: Petrol BH Oil Company d.o.o., Sarajevo Intrade – energija d.o.o., Sarajevo SERBIA: Petrol d.o.o., Beograd Petrol Gas Group d.o.o., Novi Sad Rodgas AD, Bačka Topola Beogas Invest d.o.o., Beograd MONTENEGRO: Petrol Crna Gora MNE d.o.o., Cetinje MACEDONIA: Petrol-Energetika DOOEL, Skopje • Joint Ventures Geoenergo d.o.o., Lendava, Slovenia Soenergetika d.o.o., Kranj, Slovenia Petrol – Oti – Slovenija L.L.C., Priština, Kosovo Petrol LPG d.o.o., Beograd, Serbia • Affiliated companies Aquasystems d.o.o., Maribor, Slovenia Geoplin d.o.o., Ljubljana, Slovenia Marche Gostinstvo d.o.o., Logatec, Slovenia Legend: Physical presence Sales reach Ljubljana, September 30th, 2014

  6. The Petrol Group – Two Key Activities 6 Oil Trading Activity Petroleumproducts: • Motor fuels • Heatingoil • Airfuels • Motor oilsandlubricants Merchandise: • Food & beverages • Car products • Cosmetics & personalcare • Gifts & toys • Tobaccoproducts • Lottery, coupons, cards • Productsforindustry • Chemicalproducts Energy Activity Gasandheat Electricity Environmentalsolutions Energysolutions Ljubljana, September 30th, 2014

  7. The Petrol Group 7 • Independence and flexibility in sourcing of petroleum products. • Own storage facilities and optimal logistic network for oil trading activity. • Wide retail network of service stations in Slovenia and across SE Europe. • Concept of convenience model of service stations. • Comprehensive energy supply (oil products, gas, heat, electricity, energy and environmental solutions). • Energy supply center (supplying a wide range of energy solutions). • Our supply is reliable, with long tradition. • Stable dividend policy. • Financial stability. Ljubljana, September 30th, 2014

  8. Financials: Results in 2Q 2014 8 Ljubljana, September 30th, 2014

  9. Revenues and Gross Profit: 2009 – Plan 2014 in EUR mm 9 CAGRgross pr.13/09 = 4% CAGRsales rev.13/09 = 11% Ljubljana, September 30th, 2014

  10. EBITDA and Net Profit: 2009 – Plan 2014 10 Net profit in EUR mm EBITDA in EUR mm CAGR13/09 = 7% CAGR13/09 = 46% Ljubljana, September 30th, 2014

  11. Balance Debt Profile: 2011 – Plan 2014 11 in EUR mm Gearing ratio = Net debt / (Net debt + Equity and provisions) Net debt = Total debt – Cash and cash equivalents Ljubljana, September 30th, 2014

  12. Oil Trading Activity in 2Q 2014 12 • 1.30 milliontonsofoilproducts sold in 1-6/2014: • Retail: 46%, • Wholesale: 54%. • 98% of service stations are company owned. • Market sharebynumberofservicestations: • #1 in Sloveniawith 58.6%; • #2 in Croatiawith 11.3%; • #4 in Bosnia & Herzegovinawith 3.3%; • #11 in Serbiawith 0.6%; • #4 in Montenegrowith 8%; • #4 in Kosovo with 0.8% (source: Petrol). • Retailfuelprices are governmentregulated in SloveniaandMontenegro, while in Croatia, BosniaandHerzegovina, Serbiaand Kosovo theprices are set freely. Ljubljana, September 30th, 2014

  13. Energy Activity in 2Q 2014 13 • Market share by volumes: Source: Petrol; Energy Agency of Slovenia, 2013 Ljubljana, September 30th, 2014

  14. Structure of Investments: 2009 – Plan 2014 14 CAPEX in EUR mm 44.5 65.9 82.1 117.4 86.1 27.2 75.0 Ljubljana, September 30th, 2014

  15. Key Activities in 2014 15 • To monitor and manage consistenly all business processes within the Petrol Group (business optimisation and rationalisation). • Growth and development on existing markets of SE Europe in oil trading activity and in other energy activities. • To strengthen position in oil trading activity in the Slovenian market. • Consolidation of the new companies and activities into the Petrol Group. • To provide own financial resourses through the management of stocks, operating receivables and payables, and other financial resources. • To manage financial risks. Ljubljana, September 30th, 2014

  16. 2. STRATEGY 2014 - 2018 2. STRATEGY 2014 - 2018

  17. Key Strategic Directions and Strategies 17 Strategic Directions • high growth in sales, • increase in net profit and profitability, • increase in added value per employee, • increase in return on assets, • long-term financial stability, and • focus on quality. Strategies To strengthen the Petrol Group’s oil-trading position on the Slovenian market. To expand the Petrol Group’s business on SE European markets in order to develop and improve its market position. To develop all energy activities in Slovenia and transfer successful business models to SE European markets. Ljubljana, September 30th, 2014

  18. Plan 2014 and Strategy 2018 18 Ljubljana, September 30th, 2014

  19. Retail Network of the Petrol Group 31.12.2013 – Strategy 2018 19 Growthoftheretailnetwork 476 526 +10% Ljubljana, September 30th, 2014

  20. Basic Financial Goals of the Petrol Group – Growth of the Net Revenue in EUR bn 20 +12% Ljubljana, September 30th, 2014

  21. Basic Financial Goals of the Petrol Group – Growth of the EBITDA in EUR mm 21 +26% Ljubljana, September 30th, 2014

  22. Basic Financial Goals of the Petrol Group – Growth of the Net Profit in EUR mm 22 +43% Ljubljana, September 30th, 2014

  23. Assurance of the Long-term Development and Growth 23 Total CAPEX in period 2014 – 2018: EUR 308 million Ljubljana, September 30th, 2014

  24. 3. INVESTOR INFORMATION 3. INVESTOR INFORMATION

  25. Shareholders’ Structure as per 31 August 2014 25 Ljubljana, September 30th, 2014

  26. Petrol (PETG) on the Stock Exchange – Ratios I. 26 30.12.13-31.08.14 Index SBI TOP: 25% Petrol: 37% Ljubljana, September 30th, 2014

  27. Petrol (PETG) on the Stock Exchange – Ratios II. 27 • Petrol comprised 9.7% ofthetotal Market Capitalisation on LJSE/sharesandrankedthirdby Market Capitalisation as per 31.8.2014. • 34,871 shareholders. Ljubljana, September 30th, 2014

  28. Appendix: Slovenian Pricing Model 28 Formula for the calculation of net selling prices: • Legal basis: Regulation on OilProductPrices (OfficialGazette RS No. 81/2013); validuntil 8.10.2014. • Theregulationprovidesmeasuresand mechanismsfordefiningthehighestlevelof netsellingprices. • Theconversionofsellingprices is carriedout each 14 days (on Mondays) in accordance withtheshown formula. • Theestablished model sellingprice, valid as fromTuesday, is based on average quotationsand EUR/USD exchangerate valid in the past 14-day period. • Margin (M) is fixedandamounts to: • Motor gasoline: 8.530 €cent/litre, • Diesel: 7.998 €cent/litre, • Gasoil 0.1: 5.265 €cent/litre. Ljubljana, September 30th, 2014

  29. CONTACT PERSONS Janez Živko, MBA Member of the Management Board, CFO • Tel: +386 1 471 4415 • Fax: +386 1 471 4660 • E-mail: janez.zivko@petrol.si Barbara Jama Živalič, M.Sc. • Tel: +386 1 471 4880 • Fax: +386 1 471 4108 • E-mail: barbara.jama-zivalic@petrol.si

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