MOL Hungarian Oil and Gas Company

EU Legislative Interests

All files related to energy, climate, environment, competitiveness, industrial policy, taxation, transport, company law. Titles of the most recent EU initiatives, policies and (legislative/non-legislative) files that are potential targets for MOL Group's interest representation activities: - Clean Industrial Deal - EU’s next long-term budget (MFF) - Action Plan for Affordable Energy - Carbon border adjustment mechanism (CBAM) methodology for the definitive period starting on 1 January 2026 - CBAM certificates – adjustment of obligation to surrender them to take account of free ETS allowances - Carbon border adjustment mechanism (CBAM) – carbon price paid in a third country - Carbon Border Adjustment Mechanism (CBAM) – downstream extension, anti-circumvention and rules on electricity emissions - Single-use plastic beverage bottles – EU rules for calculating, verifying and reporting on recycled plastic content - European Chemicals Industry Action Plan - Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Directives 2006/43/EC, 2013/34/EU, (EU) 2022/2464 and (EU) 2024/1760 as regards certain corporate sustainability reporting and due diligence requirements - The Single Market: our European home market in an uncertain world - A Strategy for making the Single Market simple, seamless and strong - RePowerEU Roadmap - European Climate Law 2040 amendment - Simplification of administrative burdens in environmental legislation - Carbon removals and carbon farming – methodologies for certifying permanent carbon removals - Security of gas supply – composition of risk groups (update) - Clean corporate vehicles - Revised Framework for ‘Safe and Sustainable by Design (SSbD)' Chemicals and Materials - European Grid Package - Circular Economy Act - Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on circularity requirements for vehicle design and on management of end-of-life vehicles - Revision of the CO2 emission standards for cars and vans - CO2 neutral fuels - Legislative initiative on CO2 transportation infrastructure and markets - Sustainable transport investment plan (STIP) - State subsidies - revision of approval requirement rules (the General Block Exemption Regulation) - Technical updates of the Emissions Trading Scheme (ETS) State aid guidelines - Methodology to assess and report life-cycle CO2 emissions from cars and vans - Green listing certain waste (Waste Shipment Regulation) - Digital Product Passport (DPP), a future system under the Ecodesign framework aimed at making product information easily accessible

Communication Activities

The 'MOL Group Annual Brussels Reception' is our annual stakeholder relations event. Our last reception took place on 12 November 2024.

Interests Represented

Promotes their own interests or the collective interests of their members

Member Of

FuelsEurope/CONCAWE, IOGP, CEFIC, ERT, PU Europe, EUROPUR, Euro-Moulders, FEICA, EPCA, EBA, Hydrogen Europe

Organisation Members

The list of MOL Group subsidiaries can be found in the Integrated Annual Report for 2024 (see pages 127-128) under the following link: https://molgroup.info/storage/documents/publications/annual_reports/2024/integrated-annual-report-2024-eng.pdf

Additional Information

The above estimate comprises a share of membership fees in international industry associations that is related to interest representation, activities carried out by hired intermediaries and activities linked to our Brussels office.