Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

On 7 September 2022, the European Commission received a notification of a proposed

concentration pursuant to Article 3(1)(b) of Council Regulation (EC) 139/2004 in which

Aramco Overseas Company B.V. (AOC) intends to acquire 50% of shares in Lotos – Air BP

Polska sp. z o.o. (the Target) from Grupa Lotos S.A. (Lotos) (currently Polski Koncern

Naftowy ORLEN S.A.(Orlen)).Through the acquisition of shares, AOC will acquire joint

control over the Target.

AOC is a company operating primarily in Europe, Asia, the Americas and Africa,

providing its affiliates in the Saudi Arabian Oil Company (Saudi Aramco) global oil

and gas capital group with a wide range of services including finance support services,

supply chain management, technical support services and a variety of administrative

support services.

AOC is a wholly-owned subsidiary of Saudi Aramco, registered in the Kingdom of

Saudi Arabia.

The Target is a joint venture jointly controlled by Lotos (currently Orlen) and BP

Europa SE (BP Europa), each owning 50% of the shares and votes in the Target. The

Target is active in the sale at refuelling of aviation fuels at airports in Poland.

Following the transaction, the Target will be jointly controlled by AOC and BP

Europa.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.