1

MOL GROUP

Fixed Income Investor Presentation

May 2014

2

MARKET CAPITALIZATION

MOL AT A GLANCE

EBITDA GENERATION IN 2013 2/3 from Upstream, ~50% from international operation

USD 2.2bn

USD 6.2bn

NET GEARING (2013) – STRONG BALANCE SHEET

EMPLOYEES IN 40 COUNTRIES

16%

almost 29.000

Overvie

w

INVESTMENT GRADE RATED BY FITCH MOL’s rating is higher than Hungary; BB at S&P

BBB-

3

MOL IS AN INTEGRATED OIL AND GAS COMPANY… Operating through the whole value chain

Production in 8 countries

Exploration in 13 countries

96 mboepd production at end of Q1 20141

576 MMboe SPE 2P reserves at the end of 20132

4 Refineries with 417 mboepd nameplate capacity

2 Petrochemical plants

19 Mtpa sales

1,900+ filling stations3

16% Net gearing (2013)

1.02x Net debt to EBITDA

EUR 4.0bn available liquidity

CAPEX should be financed from operating CF

Overvie

w

UPSTREAM „Growth”

DOWNSTREAM „Efficiency & restructuring”

FINANCIALS „Stability”

(1) Already excluding 49% of Baitex LLC, which was sold at the end of Q1 2014 (2) 2013 year-end SPE-2P, 2P reserves of North Sea assets not included yet, to be booked in 2014 (3) Including the recently published agreement about acquiring 208 service stations from eni Group

4

…WHICH IS MORE AND MORE UPSTREAM DRIVEN & INTERNATIONAL

Majority of revenue and EBITDA generated outside of Hungary

Overvie

w

~75%

generated outside of Hungary

* Excluding special items

Hungary 27%

Croatia 13% Other

CEE** 41%

Rest of the World 19%

0

500

1 000

1 500

2 000

2 500

3 000

3 500

2005 2006 2007 2008 2009 2010 2011 2012 2013

Upstream Syria

Downstream Gas midstream

EBITDA* GENERATION BY SEGMENT (USD MN) REVENUE GENERATION BY COUNTRY (2013)

** including: ITA 11%; AUR 9%; SLK 8%; CZR 6%; ROM 6%

5

OVERVIEW OF OPERATIONS

6

24%

36%

23%

6%

7% 4%

Hungary CroatiaRussia SyriaKazakhstan Other

**SPE 2P reserves at the end of 2013. Not containing 28MMboe 2P reserves of North Sea acquisition, closed in Q1 2014. Reserves and production of non-consolidated projects are not highlighted.

*Already excluding contribution of 49% of Baitugan field, divested at the end of Q1 2014

Existing reserve base ensures strong cash generation

Healthy reserve base: ~16 years 2P reserves life

Minimizing decline rate below 5% in the lower risk, strong cash generator CEE region

Lowest unit production cost among European peers

16y Reserve

life

UPSTREAM: EXISTING RESERVE BASE ENSURES STRONG PROFITABILITY

Growing production from 2H 2014, >75% to come from the high return, lower risk CEE region

Up

stream

576 MMboe

43%

38%

7%

6% 6%

Hungary Croatia Russia

Pakistan Other

96 mboepd

RESERVES (SPE 2P) END 2013** PRODUCTION 2014 Q1*

7

SIZEABLE EXPLORATION POTENTIAL WITH INTERNATIONAL FOCUS

Exploration activity in 13 countries, key projects in late appraisal phase

*Working Interest (unrisked).

Exploration successes are the basis of long-term growth Outstanding, ~60% exploration success rate in the last 5 years

Still sizeable prospects in the core CEE region…

…but even greater international potentials: CIS, Kurdistan R.I.

Above 100% Reserve Replacement Ratio targeted in 3 years average

Up

stream

250

442

337

1 518

489

Total 2P reserves +

Recoverable Resource

Other CIS CEE KRI

RECOVERABLE RESOURCE POTENTIAL* + 2P RESERVES, MMBOE

8

Unique know-how and infrastructure

Several ongoing development projects to mitigate production decline as much as possible

Active exploration programs on existing license areas and looking for new licences

HUNGARY+CROATIA (349 MMboe) - PRODUCTION OUTLOOK

Ongoing development projects to turn back production to growth path by 2015

EOR project implementation on Ivana and Zutica fields with ~30 MMboe incremental production

Medimurje project to target 7 MMboe natural gas reserve – infrastructure development to be finished in 2015

Offshore gas production expected to be stabilized around 10-12 mboepd for the coming years (i.e. IKA JZ development project)

CEE: MINIMALIZE DECLINE RATE TO LOW SINGLE DIGIT LEVEL

Croatia: Back to production growth by 2015

CROATIA WORK PROGRAM

0

20

40

60

80

mb

oep

d

~2018 2015 2014

Production Unrisked exploration upside

Production 2013: 80 mboepd II Reserves: SPE 2P 2013: 349 MMboe

POS

high

Up

stream

9

KURDISTAN R.I.: ACCELERATED DEVELOPMENT TO ENHANCE CASH

GENERATION

Export started from Shaikan, Commercial production to start on Akri-Bijeel by H2

Commercial discoveries (Bijell, Bakrman, Shaikan)

Accelerated work programs to enhance cash-flow generation as soon as possible

Reserve bookings in the next two years from two blocks

First export from Shaikan in January 2014, commercial production to start on Akri-Bijeel by H2

Phased development program submitted for Akri-B.

KURDISTAN REGION OF IRAQ

2010-12/2012-14– Exploration and appraisal program

2013/2014 - Start of Field development and commercial production

MOL net production: ~20-25 mboepd in 2017-18*

Recoverable resource potential (unrisked, Working Interests based w fully diluted share): 250 MMboe

* Unrisked, Entitlement share based on fully diluted working interest.

0

10

20

30

mb

oep

d

~2018 2015 2014 Akri (unrisked) Shaikan

POS

high

PRODUCTION OUTLOOK - WORK PROGRAM (SH/AB).

Up

stream

10

2014 2015 2016 2017 2018

Broom

Cladhan

Catcher

S.&C. (opt.)

NORTH SEA: SIZEABLE SHORT/MID-TERM PRODUCTION WITH ABOVE AVG UNIT

PROFITABILITY

Expected peak production of 16-18 mboepd in 2018-2019

NORTH SEA (28 MMboe*)

PRODUCTION OUTLOOK - WORK PROGRAM

0

5

10

15

20

2018 2015 2014

mb

oep

d

Production Unrisked exploration upside

POS

high

OVERVIEW OF MAIN PRODUCING ASSETS

Block W.I. Operating

shareholder Other partner

Broom 29% Enquest

(63%) Ithaca (8%)

Cladhan 33% TAQA (53%) Sterling (14%)

Catcher 20% Premier Oil

(50%) Cairn Energy

(30%)

Scolty&Crathes 50% Enquest

(40%) Ithaca (10%)

* To be booked in 2014; ** MOL estimate

FDP

Majority of asset portfolio already in development or production phase

Further 9 MMboe** 2C contingent resource and 10 MMboe P50 unrisked prospective resource

Practically only oil production (97%) implying over USD 70/boe EBITDA on life cycle basis

Sanction & FDP

Development Production

Up

stream

11

60

40

20

0

140

120

100

80

~30%

2018 2017 2016 2015 2014 2013

mb

oep

d

North Sea CIS/Asia

Middle East/Africa CEE ZMB+Baitugan 49%*

ORGANIC* PRODUCTION POTENTIAL GROWTH IN 5 YEARS With major contributions from Middle East and North Sea areas with high unit EBITDA

BY 2015 APPROXIMATELY 10%

PRODUCTION GROWTH*

Accelerated field development projects in CEE with growth in CRO

Ramp up of production in Kurdistan in Akri Bijeel and Shaikan fields

Initial phase on North Sea assets

APPROXIMATELY 30% INCREASE BY

~2018*

Kurdistan production target 20-25 mboepd**

North Sea assets to peak around 18 mboepd

Both have over USD 70/boe unit profitability on lifecycle basis

To offset the decline on maturing CEE fields

PRODUCTION OUTLOOK* (RISKED,

ENTITLEMENT BASED)

*Russian ZMB field was divested in early August 2013 while 49% stake of Russian Baitugan in Q1 2014 thus excluded from the projected production figures as well as the comparison basis year of 2013

**Unrisked, Entitlement share based on fully diluted working interest

91-96 105-110 125-135

Up

stream

12

GOING FORWARD: ACTIVE M&A TO STEP INTO A NEW LEAGUE Focusing on value creation over volume growth, targeting a balanced portfolio

HUMAN CAPITAL – REVITALIZING STAFF AND ORGANIZATION

CAPABILITIES TO SELECT GOOD ITEMS AND MANAGE INTEGRATIONS

RESISTANT TO ’DEAL FEVER’

…AND FINANCIAL READINESS

RIGOROUS CAPITAL DISCIPLINE

IMPROVING OVERALL RISK PROFILE OF THE PORTFOLIO

FOCUSED GEOGRAPHICAL DIVERSIFICATION

ESTABLISH NEW STRATEGIC PARTNERSHIPS (E.G. WINTERSHALL, TPAO)

POTENTIAL FARM OUTS (PARTIAL) ALSO POSSIBLE TO SHARE RISKS AND OPTIMIZE PROJECTS FINANCING

NORTH SEA NEW REGIONS IN ORDER TO…

Enhance shallow offshore experience and create a new hub

Decreasing average political risk profile of MOL Group’s upstream portfolio

Access to upcoming UK Exploration Bid Rounds with further value creation

MIDDLE EAST / PAKISTAN /CIS TRADITIONAL CORE REGIONS WITH…

Notable technical know-how

Well established strategic partnerships

Major projects in Kurdistan R. of Iraq

Excellent relationship with local communities

KEY PRINCIPLES AND GOALS CRITICAL CAPABILITIES FOR SUCCESSFUL M&A

Up

stream

13

Bratislava

Danube

Sisak

Rijeka

DOWNSTREAM: MAXIMIZE FREE CASH GENRATION WITH ’CEE CITADEL’ MODEL

Integrated operation on the landlocked CEE market with efficiency improvement in the focus

KEY STRENGTH

Complex, diesel geared refineries

Integrated petrochemical units to handle surplus gasoline/naphtha pool

Strong land-locked market presence – 20% motor fuel market share in the CEE; market leader in 4 countries

Region-wide Logistics, Wholesale and Retail network serve the market - above 55% end-user share

Refinery Mtpa thbpd NCI

MOL Group 20.9 417 10.0

Danube 8.1 161 10.6

Bratislava 6.1 122 11.5

Rijeka 4.5 90 9.1

Sisak 2.2 44 6.1

REFINERY YIELD 2014E

over

80% white prd.

19.4 Mt refined product & petrochemical sales

Retail: 1.900+(1) FS w. 3.5 Mtpa sales

Petchem: 1.3 Mt ext. sales

Do

wn

stream

2013 FIGURES REFINERY CAPACITY & COMPLEXITY

3% 9%

20%

52%

4% 3%

3% 6% LPG

Naphtha

Motor Gasoline

Middle Distillates

Fuel Oil

Bitumen

Other

Other chemical prds.

(1) Including the recently published agreement about acquiring 208 filling stations from eni Group

14

CLEAN CCS-BASED DS* UNIT EBITDA (USD/BBL)

Source: Company flash reports, MOL Strategy Research; Note: MOL Group figures include INA data from Q3 2009 *excluding Petchem

MOL DELIVERS TOP QUARTILE PERFORMANCE IN TOUGH ENVIRONMENT However, still significant gap to pre-crisis level profitability, less efficient units below break even

REFINERY MARGIN (URAL-MED, USD/BBL)

Do

wn

stream

CLEAN CCS-BASED DS EBITDA (MN USD)

670 700

2012 2013

+4%

0

2

4

6

8

10

12

2008 2009 2010 2011 2012 2013 2014

-60%

15

USD 400MN EFFICIENCY IMPROVEMENT WAS DELIVERED BY 2013 >USD 100mn is still due in 2014

0

100

200

300

400

500

600

2012 2013 2014 NDSP total

Σ USD 150mn

Σ USD 500-550mn

Σ USD 400mn

Cost decrease USD 370-400mn

Revenue increase USD 130-150mn Sales strategy

NDSP BREAKDOWN BY YEARS (MN USD) NDSP BREAKDOWN BY CATEGORIES (%)

22%

15%

15%

21%

19%

8%

Maintenance management

Production flexibility improvement

Other costs

Energy management

SCM-driven improvement

Rev

en

ue

C

ost

16

-9%

-6%

-3%

0%

3%

6%

Q12012

Q22012

Q32012

Q42012

Q12013

Q22013

Q32013

Q42013

2014 F

Core market demand CEE demand

Source: MOL estimates

CONTINUATION OF MODEST DEMAND INCREASE IS EXPECTED IN 2014

…as the regional economic recovery continues

Modest GDP growth (1.5%<) is expected in the core countries

Motor fuel growth will lag behind GDP up-lift, still moderate demand increase is realistic (~0.5% in Core3, ~1% in CEE)

Similarly to previous years consumption will be driven by gasoil

GDP AND MOTOR FUEL GROWTH (2014E, YOY CHANGE %) REGIONAL MOTOR FUEL DEMAND (YOY CHANGE %)

Following deep demand drop in recent years „Core 3” and CEE reached the bottom in early 2013

Growth already started and expected to continue in 2014

Forecast

Source: MOL

GDP

-1,5%

-0,5%

0,5%

1,5%

2,5%

1

2.0

Market (mn kt)

GDP

3.9 2.0

Core3: Hungary, Slovakia, Croatia

Do

wn

stream

52%

43%

2% 3% Gas Midstream

Downstream Strict control on sustain CAPEX

Selective profitable growth investments (50%)

LDPE4 in Slovnaft

Butadiene and S-SBR in MOL

Upstream Balance between early cash generation…

CEE

and creation of mid-long term growth potential:

Kurdistan Region of Iraq; Russia and Kazakhstan, North Sea

Contingency, C&O

17

CAPEX 2014

USD 1.6-1.9BN CAPEX PLANNED FOR 2014 WITH UPSTREAM FOCUS

Downstream spending to peak in 2014-15 due to ongoing growth projects

ORGANIC CAPEX SHOULD BE FINANCED FROM OPERATING CASH-FLOW

Up to USD 2bn CAPEX per annum in the next three years

Adequate flexibility: maintenance CAPEX & key growth projects could be covered by USD ~1bn

CA

PEX

52%

22%

26% Maintenance Growth

Exploration

18

FINANCIAL OVERVIEW

19

0

500

1 000

1 500

2 000

2 500

3 000

3 500

4 000

4 500

2008 2009 2010 2011 2012 2013

Organic Inorganic Dividends paid Operating CF

CONSERVATIVE FINANCIAL POLICY

CAPEX and small acquisitions should be financed from operating cash flow

INA

Pearl

OPERATING CASH-FLOW VS CAPEX AND DIVIDENDS (MN USD)

Finan

cials

20

NET DEBT TO EBITDA (X) GEARING (%)

CONTINUOUSLY STRENGTHENING FINANCIAL POSITION Indebtedness indicators at a 6-year low

KEEP COVENANTS IN THE SAFETY ZONE – IMPROVING GEARING POSITION

WELL BELOW INTERNAL LIMITS OF

NET DEBT TO EBITDA ~ 2.0X, NET GEARING ~ 30%

1,96 1,66

1,72

1,44 1,38

0,79

0

0,5

1

1,5

2

2,5

3

3,5

2008 2009 2010 2011 2012 2013

Threshold of net debt to EBITDA

36 33

31 28

25

16

0

5

10

15

20

25

30

35

40

45

50

2008 2009 2010 2011 2012 2013

Finan

cials

21

MOL HAS SUFFICIENT LIQUIDITY FOR ACQUISITIONS… EUR 4 bn total available liquidity as of Q1 2014

DRAWN VERSUS UNDRAWN FACILITIES (EUR MILLION) TOTAL AVAILABLE LIQUIDITY (EUR MILLION)

Finan

cials

22

…FROM DIVERSIFIED FUNDING SOURCES Cost rationalization keeping diversification in mind

MID- AND LONG-TERM COMMITTED FUNDING PORTFOLIO

*based on FX rates as of 31 March 2014

OUTSTANDING SENIOR AND HYBRID BONDS

RECENT EVENTS

USD 545m Revolving Credit Facility extended from 2016 to 2017

MOL prepaid the EIB project loan (value USD 158m) taken in 2010.

MOL prepaid the EBRD loan taken in 2009, as

consequence of the MMBF divestment

EUR 200m Revolving Credit Facility concluded for Slovnaft – December 2013

FIXED VS FLOATING INTEREST RATE PAYMENT OF TOTAL DEBT

Issuer CcyVolume

(m)

Volume

(EURm)*

Issue

date

Maturity

dateCoupon

MOL Plc EUR 750 750 05-Oct-2005 05-Oct-2015 3.875%

MOL Plc EUR 750 750 20-Apr-2010 20-Apr-2017 5.875%

MOL Group Finance S.A.

guaranteed by MOL PlcUSD 500 363 26-Sep-2012 26-Sep-2019 6.25%

Magnolia Finance Ltd EUR 610 610 20-Mar-2006 Perpetual4% till Mar-2016 then

3m EURIBOR +550bps

Finan

cials

23

1 489

750 750

363

96

475

991

514

460

0

200

400

600

800

1 000

1 200

1 400

1 600

Reportedcash&cashequivalents

2014 2015 2016 2017 2018 2019 2020

EU

R M

Long term loan (multilaterals) Senior Unsecured Bonds

Medium term loan Undrawn facilities

NO CONCENTRATED REFINANCING NEED

HEALTHY MATURITY PROFILE

*as of 31. 03. 2014

REFINANCING SECURED FOR 3 YEARS

Finan

cials

24

Keep ‘FFO/Net Debt’ ratio in its current healthy zone

Maintain current investment grade rating at Fitch and aiming upgrade at S&P

CREDIT RATING ABOVE SOVEREIGN RATING AT FITCH, IN LINE

WITH THAT AT S&P

*Funds from operation, adjusted. S&P might have additional adjustments.

FFO/NET DEBT* HISTORICAL FOREIGN LONG TERM RATINGS

BBB- (negative outlook) by Fitch Ratings

BB (stable outlook) by Standard & Poor’s

Finan

cials

MOL S&P Hungary S&P MOL Fitch Hungary Fitch

: INTERMEDIATE financial risk assessment range by S&P

25

IMPROVING SPREAD PERFORMANCE VERSUS REPHUN & PEER’S

BONDS

Finan

cials

USD - MOL/REPHUN SECONDARY PERFORMANCE

EUR - MOL/REPHUN SECONDARY PERFORMANCE

MOL/REPSOL (EUR) SECONDARY PERFORMANCE

MOL/OMV (EUR) SECONDARY PERFORMANCE

26

BENCHMARKING MOL WITH RATED PEERS Business Profile Assessment

Finan

cials

MOL PKN Repsol Tupras OMV

Revenues (FY 2013) $mn 25 393 39 845 76 740 21 595 58 388

EBITDA Margin (%) % 9,6% 3,6% 11,2% 2,6% 10,2%

2P Reserves Mmboe 576 n/a 1,515 (1P) n/a 1 916

Production (FY 2013) mboepd 103 n/a 346 n/a 288

Cost of Production $/boe <10 n/a n/a n/a 14,0

F&D Costs $/boe 25 (1P) n/a 21 (1P) n/a 36 (1P)

Large Refineries # 2 2 6 3 1

Refining Capacity mboepd 417 564 998 582 360

Segment Breakdown EBITDA

Geographic

BreakdownRevenue

Reserves per region 2P*

Moody's -- Baa3 Baa3 Ba1 A3

S&P BB -- BBB- -- --

Fitch BBB- BBB- BBB- BBB- A-

Long Term

Foreign

Issuer

Credit

Turkey100%

E&P47%

LNG16%

R&M13%

Gas24%

Downstream100%

R&M60%

Petchem40%

Austria35%

TUR16%

Rest of CEE9%

Rest of Europe

34%

RoW6%

E&P68%

G&P2%

R&M30%

Romania63%Austria

9%

NW EU, Africa &

AU24%

ME & Caspian

4%

South America

85%

N-AM3%

AFR9%

Asia3%

POL43%

DE16%

CZE11%

Baltics9%

Other21%

ESP53%

EU10%

OECD16%

Other21%

CRO 36%

HUN 24%

RUS 23%

PAK 3%

KAZ 6% Other

8%

na

E& P 69%

Gas 11%

R&M 20%

HUN 27%

CRO 13%

Other CEE 29%

Other 31%

• Where available, OMV only reports 1P; Rating data from Bloomberg, as of 14 May 2014

Source: Internal data and company reports

na

27 Data from: Standard and Poor’s Global Credit Portal, adjusted ratios

3 years average data (2011-2013) where available, at BG Energy, Eni and Repsol (2010-2012)

PEER COMPARISON: MOL IS ESPECIALLY STRONG ON

SUPPLEMENTARY RATIOS And everywhere reaches at least the intermediate range

DEBT / EBITDA – 3 years average FFO / DEBT – 3 years average

FOCF AND DCF / DEBT – 3 years average CFO / DEBT – 3 years average

Fin

an

cia

ls

1,4

2,32

1,76

2,57

1,39

1,17

0 0,5 1 1,5 2 2,5 3

Tullow

MOL

Noble energy

Repsol

BG energy

Eni

60,90%

36,18%

49,46%

22,39%

49,81%

43,82%

0% 20% 40% 60% 80% 100% 120%

Tullow

MOL

Noble energy

Repsol

BG energy

Eni

-20,00%

-15,00%

-10,00%

-5,00%

0,00%

5,00%

10,00%

15,00%

20,00%

Tullow MOL Nobleenergy

Repsol BG energy Eni

FOCF / Debt DCF / Debt

: Modest

: Intermediate

: Significant

38,61%

35,10%

42,86%

27,77%

52,36%

51,10%

0% 25% 50% 75% 100% 125%

Tullow (BB)

MOL (BB)

Noble energy (BBB)

Repsol (BBB-)

BG energy (A-)

Eni (A)

Financial Risk Assessment Ratio:

28

UPSTREAM: STRONG PROFIT GENERATION OF LEGACY ASSETS –

ORGANIC GROWTH WITH IMPROVING UNIT EBITDA

UPSTREAM: INORGANIC GROWTH FOCUSED ON DELIVERING A

BALANCED PORTFOLIO

DOWNSTREAM: AMONG THE BESTS WITH INTEGRATED OPERATION

OF COMPLEX ASSETS – KEY FOCUS IS ON EFFICIENCY IMPROVEMENT

~$6.2BN MARKET CAP.

$2.2BN EBITDA: 2/3 FROM UPSTREAM, ~50% OUTSIDE HUNGARY

PROVEN TRANSFORMATION TRACK RECORD OF THE MANAGEMENT

CAPEX SHOULD BE FINANCED FROM OPERATING CF

DECREASING INDEBTEDNESS: LOWEST NET GEARING AT A 6-YEAR LOW

INVESTMENT GRADE RATED BY FITCH (BBB-) AND BB+ RATED BY S&P

FIN

AN

CIA

LS

STRONG BALANCE SHEET HAS TOP PRIORITY

INTEGRATED MODEL WITH UPSTREAM FOCUS

AN INTERNATIONAL OIL & GAS COMPANY

BU

SIN

ES

SE

S

MO

L G

RO

UP

KEY GOALS AND MESSAGES

Sum

mary

29

APPENDIX

30

SHAREHOLDER STRUCTURE As of 31 March 2014

Please note, that the data above does not fully reflect the ownership structure in MOL’s share register. Registration in the share register is not mandatory. In order for shareholders to exercise their rights as shareholders of MOL they must be registered in the share register. According to the Articles of Association no shareholder or shareholder group may exercise more than 10% of the voting rights.

DIVERSIFIED SHAREHOLDER STRUCTURE

Foreign investors (mainly institutional) 25.3%

Hungarian State 24.7%

CEZ MH B.V. 7.3%

OmanOil (Budapest) Limited 7.0%

OTP Bank Plc. 5.4%

Magnolia Finance Limited 5.7%

ING Bank N.V. 5.0%

Crescent Petroleum 3.0%

Dana Gas PJSC 1.4%

UniCredit Bank AG 3.9%

Credit Agricole 2.0%

Domestic institutional investors 2.4%

Domestic private investors 4.3%

MOL Nyrt. (treasury shares) 2.4%

Ap

pen

dix

31

KEY ITEMS OF TAXATION Positive effect vs. 2012 level

Revenue based ’Crisis tax’ abolished from 2013 – ~HUF 30bn negative effect p.a. in 2010-12

Profit based ’Robin Hood’ nominal tax rate is 31%

only energy related part of the profit affected (~70%), thus implied RH tax rate is cca. 22%

only the Hungarian operation of certain companies are affected (i.e: MOL Plc., while gas transmission (FGSZ) or petrochemicals (TVK) are not subject of the tax)

CIT tax rate is 19%

Croatia & Slovakia:

20% CRO & 22% SVK CIT rates applicable in 2014

Group level tax payments in the last 3 years:

HUF bn 2011 2012 2013

Special „ crisis” tax – CANCELLED end 2012 (HUN) 29 30 -

Robin Hood – (HUN) 3 1 0

Corporate income tax 44 17 20

Sum 77 48 20

HUNGARY

CROATIA & SLOVAKIA

Ap

pen

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32

MOL INVESTOR RELATIONS Reporting Calendar and Important Links

DATE EVENT

1 August 2014 Release of 2014. H1 results

6 November 2014 Release of 2014. III. quarter results

INFO CONTENT LINK

MOL Investor Relations http://ir.mol.hu/en/ir-service/contact/

Latest Investor Presentation http://ir.mol.hu/en

MOL Group Financial Results http://ir.mol.hu/en/financial-reports/latest-flash-report_/summary/

Regulated Information http://ir.mol.hu/en/regulated_info/2013/

CONTACT

Address: Hungary, 1117 Budapest, Október huszonharmadika u. 18.

Phone: +36 1 464-1395

E-mail: investorrelations@mol.hu

Ap

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