The Supervisory Board of OMV Petrom S.A. appointed Christina Verchere as the new President of the Executive Board and Chief Executive Officer of OMV Petrom. In line with OMV Petrom's articles of association, the appointment has been made for the remaining term of the mandate granted to Mariana Gheorghe, until April 16, 2019. Christina Verchere accepted her appointment and she will assume the position depending on her availability, at the latest with effect from May 21, 2018.

Prior to the Supervisory Board meeting, Mariana Gheorghe waived her mandate as President of the Executive Board and CEO of OMV Petrom. Her waiver shall become effective on the date when her successor takes office, but in any event on May 20, 2018, at the latest.