Mr. Zsolt Hernádi

Mr. József MOLNÁR

• Chairman of the Board of Directors since 7 July 2000
• Chairman & Chief Executive Officer since 11 June 2001
• Member of the Board since 24 February 1999
• Member of the Corporate Governance and Remuneration Committee

• Group Chief Executive Officer since 1 May 2011
• Member of the Board of Directors since 12 October 2007
• Member of the Sustainable Development Committee since 5 September 2013
• Member of the Supervisory Board of INA d.d. since April 2010
• Member of the Supervisory Board of FGSZ Zrt. since May 2011

Between 1989 and 1994, Mr. Hernádi occupied various posts at the Kereskedelmi és Hitelbank Plc., and between 1992 and 1994 he was its Deputy General Manager. Mr. Hernádi was Chief Executive Officer of the Central Bank of Hungarian Savings Cooperatives between 1994 and 2001 and member of its Board of Directors between 1994 and 2002. Between 1995 and 2001, Mr. Hernádi was a Board member of the Hungarian Banking Association. Since 2001, he has been a member of the European Round Table of Industrialists. Since 2007 he has became honorary citizen of Esztergom, and since September, 2009 he has become the honorary citizen of the Corvinus University of Budapest, furthermore he is member of the Board of Directors at OTP Bank since 2011 April.

From 1978 to 2001, Mr. Molnár held various management positions at BorsodChem Plc, including Head of the Pricing Department from 1982 to 1987 and Head of the Controlling Department from 1987 to 1991. Between 1991 and 2001, as Chief Financial Officer and first deputy to the Chief Executive Officer, he contributed to the crisis management and reorganisation of the company, and later to creating the Company's vision and fulfilling its subsequent privatisation. He played a key role in the stock exchange listing of BorsodChem shares. He was Chief Executive Officer of TVK between 2001 and 2003, Group Planning & Controlling Director from 2003, and from 2004 until his appointment as Group Chief Executive Officer in May 2011, he was Group Chief Financial Officer of MOL. Within MOL Group, he was a Board member of Slovnaft a. s. between 2004 and 2008, and Board member of TVK between 2001 and 2011.

Mr. József SIMOLA

Mr. Ferenc HORVÁTH

• Group Chief Financial Officer since 1 May 2011
• Member of the Audit Committee of INA d.d.

• Executive Vice President of MOL Refining & Marketing Division since November 2003. From 1 May, 2011 Executive Vice President of MOL Downstream
• Member of the Board of Directors of TVK since 1 May 2011
• Chairman of the Board of Directors of IES Mantua since November 2007
• Member of the Board of Directors of SLOVNAFT since 2003
• Member of the Supervisory Board of INA d.d. since 2012

From 1991 to 1992 he was employed as an SAP expert at General Electric – Tungsram. He subsequently joined Arthur Andersen as an auditor and consultant. In 1996, he continued his career at Boston Consulting Group, where he held various managerial positions in Hungary, Germany and Australia. Mr. Simola joined MOL Plc. in 2003 and has been a member of the Executive Board since April 2006. He served as the Chairman of the Supervisory Board of SLOVNAFT a. s. until 2011 and as Supervisory Board member of INA d.d. and as a member of the Board Of Directors of IES until 2012. He was also appointed as Corporate Centre Executive Vice President of MOL Plc. between 2006 and 2011.

From 1984 until 1991, he worked for Mineralimpex, the Hungarian Foreign Trade Company for Oil & Mining Products, in the fields of crude oil and natural gas imports, and crude oil product exports. Between 1991 and 1997, he was Managing Director of Allcom Trading Co., the Hungarian Mineralimpex-Phibro Energy joint-venture, dealing with the European trading of crude oil and crude oil products. He joined MOL Plc in 1998 as Director of LPG Business Unit, and worked from January 2001 onwards as Sales Director, being responsible for the sales of MOL’s entire product range (petrol, diesel, petroleum products, bitumen, LPG, lubricants, and so on). Between 2002 and 2003, he was Commercial Director and his activities have broadened with the purchase of crude oil and raw materials necessary for the refining of crude oil.

Mr. Zoltán ÁLDOTT

Judr. Oszkár VILÁGI

• President of the Management Board of INA d.d. since 1 April 2010

• Member of the Board of Directors since 1 May 2011
• Chairman of the Board of Directors and CEO of SLOVNAFT
• Member of the Supervisory Board of INA d.d. since May, 2011
• Member of the Sustainable Development Committee since 30 May 2014

Between 1990 and 1991, he was an associate at Creditum Financial Consulting Ltd. Afterwards, between 1992 and 1995, he held various positions at Eurocorp Financial Consulting Ltd. From 1995 to 1997, he was the Manager of MOL’s Privatisation Department and from 1997 until 1999, he was Director of Capital Markets. In 1999, Mr. Áldott served as Director of Strategy & Business Development. From November 2000, he acted as Chief Strategy Officer and then, since June 2001, as Group Chief Strategy Officer. Since 2001 he has been a member of the MOL EB. He was the Executive Vice President of MOL Exploration & Production Division between September 2004 and June 2011.

Mr. Világi graduated from the Faculty of Law at the Comenius University of Bratislava in 1985 and achieved the academic title of D.C.L. During 1990 to 1992, he was a member of the Czechoslovak Parliament in Prague. In 1994, he was one of the founders of the Central European Foundation, of which he is the member of the Board of Directors by now. From 1996, he participated in the governing bodies of several Slovak companies. He has been the legal advisor for several foreign investors in big restructuring projects of Slovak industry (U.S. Steel, France Telecom, OTP, MOL). Since 2002 he has been a member of the strategic partnership and integration team of Slovnaft and MOL. Before becoming a member of the Board of Directors in Slovnaft a.s. in 2005, he was member of its Supervisory Board. In March 2006, Mr. Világi was appointed as CEO of Slovnaft. In April 2010, he became Member of the Executive Board of MOL. He is the President of the Slovak-Hungarian Chamber of Business and Industry founded in 2012.

Mr. Sándor FASIMON

Mr. Alexander DODDS

• COO Mol Hungary since 1 October 2012
• Member of the Board of Hungarian Hydrocarbon Stockpiling Association
• President of the Hungarian Petroleum Association

• Executive Vice President of Exploration & Production

From 1991 Mr. Fasimon held various management positions at the Mineralimpex Hungarian Foreign Trade Company for Oil & Mining Products. Between 1996 and 1997 Counsellor, he served as Head of the Tripoli (Libya) Hungarian Commercial Section. From 1998 to 2003 Mr. Fasimon worked for MOL as Supply Director in the field of crude oil and crude oil products and from 2002 he acted as Managing Director of Moltrade-Mineralimpex Co. Ltd. Between 2003 and 2006, he was the Managing Director of Natural Gas Division of MOL Plc. From 2006 until 2009, he acted as General Director of MOL-Russ LLc. Between 2009 and 2011, he worked as Senior Vice President of Supply & Trading Division and, from 1 June 2011, as Executive Vice President of Exploration and Production.

He has over 30 years’ deep understanding of the international upstream oil and gas arena with broad experience in exploration, development and production. He brings with him a significant international track record, having worked in North America, South America, the North Sea, the Middle East, Asia and Russia. His recent assignments include being Executive Director and Executive Vice President at TNK-BP and President & General Manager at Exxon- Mobil Qatar Inc. Mr. Dodds gained his BSc in Civil Engineering and a Masters in Petroleum Engineering.