Petrol Group — Investor Presentation 2026

Mar 26, 2026

PETROL

Current developments in the petroleum products market and the supply of fuel to service stations

24 March 2026

PETROL

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Public

Increased price disparities with neighbouring markets

The major disruption was not caused by prices, but by the price disparities with neighbouring countries and expectations of further price hikes, which has triggered a pronounced surge in customer demand.

Price: EUR/L

Commentary

• Due to the increasing price gap, foreign customers began to flow into Slovenia in the first week of March. By 24 March, the pressure had not eased owing to the price-setting mechanism (14-day model).
• Yesterday, the government shortened the price regulation interval, which is a step in the right direction, yet still an insufficient measure.
• As we have already proposed, the only systemic solution is the daily fuel price adjustment model, which would limit speculative purchases and fuel tourism.

Source: Petrol; AMZS

PETROL

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Excessive sales surge

Market imbalances and expectations of rising retail prices have caused an excessive sales surge; Petrol calls for long-term supply stability, stressing the necessity of adjusting the pricing model.

Increase in sales in March 2026 compared with March 2025

1. Gas oil
   Source: Petrol

Commentary

• Our statements regarding the (in)adequacy of regulation should not be interpreted as opposition to the regulator, but as responsible action aimed at ensuring a stable supply for customers.
• Petrol consistently proposes solutions that would reduce market risks – including daily price adjustments to market conditions.
• We have always been, and are, willing to cooperate with regulators with the aim of jointly finding comprehensive and professionally grounded solutions.

PETROL

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Public

Maximum utilisation of logistics capacities

Maximum increase in deliveries has not prevented problems in supply to certain locations. We ensure regionally balanced supply, but stabilisation cannot be expected until sales return to normal levels.

Volume growth of deliveries to service stations (1 March–21 March)

By periods before and after the conflict

Commentary

• In cooperation with contractual partners, we have immediately increased the deliveries to the legal maximum of driver workload.
• The number of deliveries is significantly higher than even during the busiest summer months.
• The retail network supply is further impeded due to:
• High demand at state border service stations (customers from abroad),
• High demand on motorway locations due to transit traffic,
• Lower prices compared to neighbouring countries,
• Price-increase announcements which further increase demand.

Source: Petrol

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Public

Petrol exposed to unjustified accusations

Current events on the petroleum products market

Panic has spread in Slovenia, resulting in stockpiling...

... and in so-called „fuel tourism“.

Other fuel retailers in Slovenia also have problems... and since yesterday, also in Croatia.

Commentary

• We sincerely apologise to customers for any inconvenience and assure them that we are making every effort possible, 24/7, to neutralise external impacts and restore normal conditions.
• Unjustified accusations negatively affect Petrol's reputation.
• Petrol always operates based on the optimal supply model and does not accumulate stocks to benefit from them during periods of rising (or falling) prices.
• We have lent a significant volume of fuels to MOL to help ensure uninterrupted supply across the entire Slovenian market.
• In Croatia, following yesterday's announcement of price increase, sales rose by 400% in a single day, causing similar problems on the market.

PETROL

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Public

Proposals to the government

1. Daily price formation.
2. Measures to optimise logistics.
3. Calm communication.

6 PETROL

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Thank you for your attention.

For any additional questions, please contact:
petrol.pr@petrol.si

PETROL