Rubis: FUEL SECTOR IN CORSICA: RUBIS RESPONDS TO THE DECISION OF THE FRENCH COMPETITION AUTHORITY (AUTORITÉ DE LA CONCURRENCE)

Core Viewpoint - Rubis has been fined a total of €64,240,000 by the French Competition Authority for alleged anti-competitive practices in the fuel supply chain in Corsica, with the total penalties for all involved parties amounting to €187,490,000 [1] Group 1 - The French Competition Authority issued a decision on November 17, 2025, imposing sanctions on multiple entities for anti-competitive practices in the supply, storage, and distribution of fuels in Corsica, which allegedly occurred between 2016 and 2022 [1] - Rubis SCA has been fined €64,240,000, jointly and severally with its subsidiary Rubis Énergie, and an additional €430,000, jointly and severally with its former subsidiary Rubis Terminal [1] - Rubis expresses strong disagreement with the decision, claiming it does not accurately reflect the facts and denies the alleged practices [2] Group 2 - The company is committed to ensuring a reliable and competitive fuel supply for the Corsican market, benefiting consumers on the island [2] - Rubis is currently reviewing the Competition Authority's decision and plans to file an appeal before the Paris Court of Appeal [3]