crude oil, in order to reach greater flexibility. Until 2022 MOL invested more than USD 170 million on building up the alternative logistic solution on the Adria pipeline. This allows more seaborne deliveries to supply the Duna and Slovnaft refineries in Hungary and Slovakia. Due to the crude diversification efforts, Duna refinery can currently process about 35% of non-REB feedstock, mixed in with Urals crude. The war in Ukraine has accelerated this process of planning. MOL needs an investment-cycle of up to $700million and at least 2-4 years to be able to switch to 100% alternative crude processing. MOL Group 2030+ (2021-present) In February 2021, The Board of Directors reviewed and approved "Shape Tomorrow" MOL Group 2030+, an update of the company’s long-term strategy, and sustainability strategy. The 2030+ strategy also laid out the plans for the Group’s downstream, upstream and consumer services operations. MOL started to implement the updated strategy right after the publication. In June 2021, MOL Group reached an agreement to acquire OMV’s 92.25% stake in OMV Slovenija d.o.o., the Slovenian arm of Austrian oil and gas giant OMV AG for €301million. Corporate affairs Organizational structure MOL has many subsidiaries across all areas of its business operations. Its most important subsidiaries include Slovnaft, INA and MOL Group Italy. Leadership structure MOL Group's chief governing body is the board of directors, which has 10 members, out of which three are executive and seven are non-executive. The three executive members of the board are its Chairman Zsolt Hernádi, who serves as chief executive officer, József Molnár, Group Chief Executive Officer and Oszkár Világi, Group Innovative Businesses and Services Executive Vice President. The supervisory board is led by Zoltán Áldott, who is also the chairman of the supervisory board of Slovnaft. Shareholder structure As of August 2021, MOL's current shareholder structure is: 26.16% - Foreign investors (mainly institutional) 10.49% - MOL New Europe Foundation 10.00% - Maecenas Universitatis Corvini Foundation 10.00% - Mathias Corvinus Collegium Foundation 7.14% - OmanOil (Budapest) Limited 4.90% - OTP Bank Plc. 1.32% - OTP Fund Management 4.48% - ING Bank N.V. 3.37% - UniCredit Bank AG 1.20% - Commerzbank AG 10.63% - Domestic institutional investors 7.76% - Domestic private investors 2.55% - MOL Plc. (treasury shares) MOL campus In 2017, MOL announced the relocation of their corporate headquarters, which are currently based in various buildings throughout Budapest. The complex consists of a 120m tower, connected