SNGN ROMGAZ SA Board of Directors approved the company’s Decarbonization Strategy on October 22, 2025. This strategy was developed in the context of European and national policies aimed at mitigating greenhouse gas emissions and their impact on climate change, as well as collective efforts to achieve the targets set out in the Paris Agreement.

The project was developed with the support of the EBRD and KPMG and resulted in a strategic document outlining the company's goals and objectives for decarbonizing its operations and making a balanced transition to green energy.

The path chosen by the company to come substantially closer to the net zero emissions target in 2050, as resulting from the evaluations and assessments performed within the project, involves a total, phased investment of over EUR 2.5 billion. The company's efforts shall primarily focus on reducing carbon emissions resulted from its main activities, namely natural gas exploration and production, as well as on green projects in the field of renewable energy production (solar and wind), green hydrogen and biomethane, and CO2 capture and storage.

This net zero trajectory that the company is pursuing is marked by ambition, conditions and milestones that shall be periodically reassessed based on technological progress, the availability of funding sources, and the clarity of regulations.