Ferenc Horváth and József Simola resigned from INA Management Board

Zagreb, September 16, 2022 – Ferenc Horváth and József Simola, Management Board members of INA delegated by MOL, both resigned today, despite engaging in no way whatsoever in the wrongful practices around INA that surfaced in late August.

Ferenc Horváth and József Simola were members of the INA Management Board from February 1, 2021. They will continue performing their duties as the members of the Management Board until the appointment of their successors to secure the continuity of the company’s operation.

About INA Group

INA Group plays a leading role in oil operations in Croatia and a significant role in the region in oil and gas exploration and production, oil refining and distribution of oil and petroleum products. INA Group comprises several subsidiaries fully or partial owned by INA, d.d. The Group’s seat is in Zagreb, Croatia. Apart from Croatia, INA also has upstream operations in Angola and Egypt. Oil refining takes place at the Rijeka Oil Refinery, while sustainable alternative businesses are being developed at the Sisak industrial site. INA’s regional retail network consists of more than 500 retail sites in Croatia and neighboring countries. INA Group is a member of MOL Group.

PR

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Phone: +385 1 6450 552 Fax: +385 1 6452 406 | @: pr@ina.hr