Immediately after the start of the war, Wintershall Dea took a clear position and condemned the war of aggression. We said "no" to investments in new projects in Russia and with Russian companies outside Russia. And we have put our Russian business under review and finally took the decision to fully exit Russia.

We have decided to end our Russian activities and to leave Russia in an orderly manner complying with all applicable legal obligations. The decision to withdraw from Russia is final. There is no turning back. We condemn the Russian war of aggression and demand its immediate end.

We have been taking appropriate steps in Q1 2023.

• We have started the wind-down of our St. Petersburg office by reducing the number of local colleagues.
• We are also bringing our expatriate colleagues in Russia back to their home locations.

We are exploring different options of how to exit the assets. However, the exit remains a complex and ongoing process since the Russian Government is creating constantly new hurdles, obstacles and administrative processes for those wanting to leave the country.

Please find further information on the decision and our statements on our website...