Petrol Group

AGM Information • Jan 2, 2023

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana tel.: 01 47 14 234 www.petrol.si

A CLEAN COPY OF THE AGENDA AFTER THE INCLUSION OF THE REQUEST TO SUPPLEMENT THE AGENDA, WHICH WAS SUBMITTED BY THE SHAREHOLDERS VIZIJA HOLDING d.o.o. and VIZIJA HOLDING ENA d.o.o. WITHIN THE STATUTORY PERIOD (added agenda items 3 and 4)

Pursuant to its resolution of 22 December 2022 and 29 December 2022, the Management Board of PETROL d.d., Ljubljana hereby

convenes

the 36th General Meeting of PETROL, Slovenska energetska družba, d.d., Ljubljana,

To be held on Monday, 23 January 2023, at 12:00, on the premises of PETROL d.d., Ljubljana, the conference hall on Dunajska cesta 48, 1000 Ljubljana.

1. Opening of the General Meeting and election of working bodies

Resolution proposal:

1.1.

Attorney Uroš Pogačnik from a Grosuplje-based Law Firm Čeferin, Pogačnik, Novak, Koščak in partnerji, o.p., d.o.o. shall be elected Chairman of the General Meeting, and Gregor Mavsar and Barbara Jama Živalič as officials responsible for counting the votes.

The General Meeting is informed that the notarial protocol will be drawn up by Bojan Podgoršek, Notary Public from Ljubljana.

2. Removal and election of a substitute member of the Supervisory Board of Petrol d.d., Ljubljana

Resolution proposal:

2.1.

The General Meeting hereby removes Aleksander Zupančič from the function of a Member of the Supervisory Board of Petrol, d.d., effective from 23 January 2023.

2.2.

The General Meeting appoints Rok Ponikvar as Supervisory Board Member to represent the interests of shareholders in the period from 24 January 2023 to 11 April 2025.

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana tel.: 01 47 14 234 www.petrol.si

1. Report of the Management Board of Petrol d.d. about the operations of the subsidiary Geoplin d.o.o. in 2022 and the estimate of Geoplin d.o.o.'s operations in 2023.

Resolution proposal:

3.1.

The General Meeting has been briefed on the Report of the Management Board of Petrol d.d. about the operations of the subsidiary Geoplin d.o.o. in 2022 and the estimate of Geoplin d.o.o.'s operations in 2023.

1. Report of the Supervisory Board and the Management Board of Petrol d.d. about the action taken to be compensated for the damage resulting from the regulated energy commodity prices in 2022, the estimate of the Company's/Petrol Group's operations in 2023 and the measures concerning a potential business restructuring of the Company/Petrol Group as a result of the energy price regulation in 2023.

Resolution proposal: 4.1.

The General Meeting has been briefed on the Report of the Supervisory Board and the Management Board of Petrol d.d. about the action taken to be compensated for the damage resulting from the regulated energy commodity prices in 2022, the estimate of the Company's/Petrol Group's operations in 2023 and the measures concerning a potential business restructuring of the Company/Petrol Group as a result of the energy price regulation in 2023.

The resolution under item 1 is proposed by the Management Board, the resolution under item 2 by the shareholders SDH d.d. (SSH) and the Republic of Slovenia, whose stakes account for one twentieth of the share capital, in their request to supplement the agenda of 30 November 2022 after the notice convening the 35th General Meeting, and the resolutions under items 3 and 4 are proposed by the shareholders VIZIJA HOLDING, d.o.o. and VIZIJA HOLDING ENA, d.o.o., whose stakes account for one twentieth of the share capital, in their request to supplement the agenda of 29 December 2022 after the notice convening the 36th General Meeting.

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On 30 November 2022, the Company received a request from the shareholders SDH d.d. (SSH) and the Republic of Slovenia to extend the agenda by adding item 5 "Removal and election of a substitute member of the Supervisory Board of Petrol d.d., Ljubljana" to the agenda published in the notice convening the 35th General Meeting on 24 November 2022.

Due to an administrative error in the publishing of the request to supplement the agenda of the 35th General Meeting of Shareholders of Petrol d.d., Ljubljana, as a result of which the official publication was not made at the AJPES website, it will not be possible to discuss item 5 on the extended general meeting agenda (as published on 2 December 2022 at the websites of SEOnet and Petrol d.d., Ljubljana) at the 35th General Meeting of Shareholders of Petrol d.d., Ljubljana on 27 December 2022, in accordance with the provisions of the Slovenian Companies Act (Official Gazette of the

PETROL, Slovenska energetska družba, d.d., Ljubljana Dunajska c. 50, 1000 Ljubljana tel.: 01 47 14 234 www.petrol.si

Republic of Slovenia, Nos. 65/09 – official consolidated text, 33/11, 91/11, 32/12, 57/12, 44/13 – CC dec., 82/13, 55/15, 15/17, 22/19 – ZPosS, 158/20 – ZIntPK-C and 18/21; "ZGD-1").

Pursuant to Article 298 of the ZGD-1, an additional agenda item may be discussed at the general meeting only if it is published in the manner referred to in Article 296 of the ZGD-1, which includes publication at the AJPES website, otherwise it shall be discussed at the next general meeting.

With the aim to ensure that the relevant agenda item is discussed as soon as possible, the Management Board of the Company hereby convenes the 36th General Meeting of Shareholders of Petrol d.d., Ljubljana. Agenda item 2 is titled "Removal and election of a substitute member of the Supervisory Board of Petrol d.d., Ljubljana" and has the same content as that of item 5 on the extended agenda (as published on 2 December 2022 at the websites of SEOnet and Petrol d.d., Ljubljana) of the 35th General Meeting. The Company has prepared the proposed resolution by taking into account the notification received from the shareholders SDH d.d. (SSH) and the Republic of Slovenia on 22 December 2022, stating that they deem it is only correct and reasonable that, in formulating the notice convening the General Meeting and the agenda item, the Company applies new dates of the of General Meeting and other numbering, otherwise the proposed resolution would be inappropriate due to retroactivity which, according to both shareholders, is an administrative correction of the wording of the proposed resolution.

Pursuant to Article 304 of the Companies Act (ZGD-1), the 36th General Meeting of Shareholders of PETROL, Slovenska energetska družba, d.d., Ljubljana shall be attended by Bojan Podgoršek, Notary Public from Ljubljana.

PETROL, Slovenska energetska družba, d.d., Ljubljana Nada Drobne Popović President of the Management Board