Expanding in Circular Economy slide image

Expanding in Circular Economy

TOP MANAGEMENT INCENTIVE SCHEMES FOR EXECUTIVE MEMBERS, AROUND 2/3 OF TOTAL REMUNERATION IS VARIABLE AND PERFORMANCE DRIVEN SHORT-TERM INCENTIVES ► Bonus opportunity between 0.70x and 1x of annual base salary, depending on the level Payout linked to yearly performance based on financial, operational and individual measures: Financial measures: MOL Group level EBITDA and other relevant financial indicators such as efficiency, investment and cost-related indicators to achieve the 2030 strategic targets of MOL Group for Chief Executives' Committee members, on operative and financial measures reflecting annual priorities and the strategic direction of each business division within the framework of the Group's long-term strategy ▸ Non-financial measures: Safety as a number one Group priority, TRIR, other MOL Group 2030 strategy and people related targets ► In MOL Hungary, managers can enter a voluntary short-term share ownership program instead of the regular performance management system (bonus scheme) to further strengthen the alignment between the interest of our shareholders LONG-TERM INCENTIVE ► As of 1 January, 2021 a new, simple long-term incentive program, the Restricted Share Plan was launched replacing the former Absolute share value based and Relative market index-based plans ► It's a 3-year long plan, payment is in the 4th year, starts each year ► Base entitlement is defined MOL shares in line with management level ▸ The program is performance driven: base entitlement is multiplied by company performance (MOL Clean CCS EBITDA without threshold) and individual performance up to 150%) of the 1st year of the program ► Dividend equivalent is also incorporated into the final remuneration taking closer the executives to the shareholders interests ► Generally, in MOL Hungary, payout of the incentive is MOL shares in order to further strengthen the alignment between the interest of our shareholders and MOL management. REMUNERATION MIX 27% 30% 32% 35% 35% 40% 37% 37% 35% 46% C-CEO G-CEO D-CEO G-CFO Other executives 27% 28% 30% 31% 30% Base Salary Short Term Incentives Long Term Incentives We refer to the members of the Chief Executives' Committee and Management Committee as Executive Members. MOLGROUP | 77
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