OMV AG

M&A Activity • Mar 14, 2025

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Publication: 14.03.2025 15:40 Source: https://www.pressetext.com/news/20250314026 Keywords: mergers and acquisitions

Public disclosure of inside information according to article 17 MAR

OMV Aktiengesellschaft: OMV Supervisory Board approves agreements with ADNOC on combination of Borealis, Borouge and NOVA

Vienna (pta026/14.03.2025/15:40 UTC+1)

The Supervisory Board of OMV has just approved the conclusion of the agreements between OMV and ADNOC for the combination of Borealis, Borouge and NOVA Chemicals under Borouge Group International as new, jointly controlled joint venture company of OMV and ADNOC. Please see in this respect also the public disclosure of inside information according to Art 17 MAR by OMV dated 3 March 2025 regarding the agreement with ADNOC on key commercial terms for a combination of Borealis, Borouge and NOVA Chemicals.

The transaction is, inter alia, subject to (i) negotiations and agreement with ADNOC on the implementation agreements, (ii) approvals of the implementation agreements by the Executive Board of OMV as well as by the corporate bodies of ADNOC, and (iii) approvals by authorities (such as merger control clearances or foreign direct investment approvals).

Emitter:	OMV Aktiengesellschaft
	Trabrennstraße 6-8
	1020 Wien
	Austria
Contact Person:	Thomas Hölzl
Phone:	+43 1 40440/23760
E-Mail:	compliance@omv.com
Website:	www.omv.com
ISIN(s):	AT0000743059 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)

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