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Profit warning

At its 20th meeting today, the Supervisory Board reviewed the Petrol Group’s current performance in 2026 and estimates that the Petrol Group’s EBITDA for the full year will be 15% to 20% below plan.

Performance has been significantly weaker, particularly in petroleum product sales in the Slovenian market. The loss from the sale of petroleum products in Slovenia, which amounted to EUR 27.5 million in March 2026 alone, cannot be offset. At the same time, the Petrol Group faces unforeseen regulatory restrictions in the Croatian market, which have an additional adverse impact on its performance.

For several years, Petrol has drawn attention to the inappropriate petroleum product pricing model, which does not provide the conditions necessary for stable and sustainable operations. Slovenia and Croatia are among the few European Union countries where margins on petroleum product sales remain regulated. This model is particularly unsuitable during periods of pronounced volatility in oil markets, as it does not enable fuel sellers to respond appropriately or swiftly enough to changes in global markets.

This year, we face a markedly deteriorating geopolitical situation, which has caused substantial instability in oil markets. In these circumstances, it is even more important to deregulate the petroleum product price-setting model and adjust petroleum product prices daily in line with market conditions, as only then will fuel sellers be able to continue ensuring an uninterrupted supply to our customers. Petrol warns that security of supply cannot be taken for granted, particularly under the conditions that continue to be imposed by government decisions. A significant part of Petrol’s business is at risk in 2026, and the company will therefore use all available means to protect its interests.

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mag. Barbara Jama Živalič