Suppliers and customers

In 2021, the key suppliers to the LOTOS Group whose supplies accounted for more than 10% of the Group’s total procurement costs were: Glencore Energy UK Ltd of the United Kingdom, Petraco Oil Company Ltd of the United Kingdom, Tatneft Europe AG of Switzerland. Their shares in the LOTOS Group’s purchases were respectively 17.0%, 15.7% and 14.6%.

In 2020–2021, there were no customers with a share in excess of 10% of the LOTOS Group’s total revenue. LOTOS Paliwa Sp. z o.o. (wholly owned by Grupa LOTOS S.A.) was Grupa LOTOS S.A.’s largest customer, accounting for over 50% of the Company’s total revenue in 2021 and 2020.