MOL Plc. was founded under the Act No. VI of 1988 as amended ...

12. GENERAL MEETING
12.1 The general meeting is the supreme body of the Company consisting of the totality of
shareholders.
12.2 The general meeting shall have the exclusive scope of authority and competence in
the following matters:
a.) approval and modification of the Articles of Association, with the exceptions
provided by law or these Articles of Association.
b.) save for the increase and conditional increase of the share capital by the
Board of Directors the (conditional) increase of the share capital, in the event of
capital increase through private placement resolved by the general meeting to
assign or select person(s) and shareholder(s) who will have exclusive right to
subscribe such shares;
c.) alteration of rights attached to series of shares, and transformation of share
categories or classes;
d.) decision in respect of the transformation of the Company and its termination
without legal successor as well as changing the operational form of the Company;
e.) decision on the election and dismissal of members of the Board of Directors,
Supervisory Board and the auditors, including the decision on their remuneration;
f.) save for the approval of the interim balance sheet by the Board of Directors
pursuant to the authorization granted in these Articles of Association, the approval
of the interim balance sheet and annual financial reports (parent company and
consolidated/aggregated report) prepared in accordance with the Accounting Act,
including the decision on distribution of profit after taxation (determination of
dividends);
g.) save for the decision to pay interim dividends based upon the authorization
granted to the Board of Directors in these Articles of Association, decision to pay
interim dividends;
h.) save for the conditional capital increase through issuance of convertible bonds
within the competence of the Board of Directors, decision on issuance of
convertible bonds or bonds with the right of subscription;
i.) [Deleted];
j.) decision on application for eventual withdrawal of shares from the stock
exchange;
k.) approval of the by-laws of the Supervisory Board;
l.) save for the decision of the Board of Directors on the acquisition of treasury
shares, decision on the acquisition of treasury share(s);
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