Slide 1: 9M 2025 Results Presentation
The Grand Egyptian Museum 9M 2025 Results Presentation 14 November 2025
Slide 2: Table of Contents
Table of Contents Section Page Highlights 1 Summary Income Statement 2 Consolidated Backlog 3-5 Pro Forma Snapshot Including BESIX 6 Concessions and Subsidiaries 7 Financial Statements 8-13
Slide 3: Highlights
Highlights ▪ Revenue of USD 3,428.3 million, EBITDA of USD 224.0 million, and net profit attributable to shareholders of USD 133.3 million in 9M 2025 ▪ Revenue growth across MEA and USA, led by the Group’s projects across transportation, power, water, data centers and aviation ▪ Financial results ar
Slide 4: Summary Income Statement
Summary Income Statement USD million Revenue by Geography – 9M 2025 9M 2025 9M 2024 Change Q3 2025 Q3 2024 Change Revenue 3,428.3 2,319.9 47.8% 1,472.4 842.5 74.8% MEA 2,028.5 1,076.0 88.5% 873.2 394.8 121.2% USA 1,399.8 1,243.9 12.5% 599.2 447.7 33.8% USA Egypt 40.8% 39.4% EBITDA 224.0 112.6 98.9%
Slide 5: Consolidated Backlog
Consolidated Backlog Evolution of Consolidated Backlog (USD Billion) (1) Consolidated ▪ Consolidated backlog increased 8.3% y-o-y to Backlog New Awards USD 8.6 billion in 9M 2025 $8.6 ▪ Consolidated new awards decreased 66.0% $8.1 $8.0 y-o-y to USD 314.6 million in Q3 2025 and $7.6 increased 44.2% y
Slide 6: Consolidated Backlog Breakdown – 30 September 2025
Consolidated Backlog Breakdown – 30 September 2025 Backlog by Geography(1) Backlog by Sector Other 2.9% Commercial 13.1% USA 26.3% Industrial Egypt 19.6% Infrastructure 57.2% 67.3% UAE 3.6% KSA 10.0% Backlog by Client Backlog by Currency(1) EGP 13.0% Private Public 37.3% 62.7% FCY & FCY-pegged 87.0%
Slide 7: Evolution of Backlog by Geography
Evolution of Backlog by Geography Consolidated Backlog by Geography (Excluding BESIX) $6.1 bn $5.5 bn $8.1 bn $7.6 bn $8.6 bn 0.3 0.2 0.3 2.3 1.7 1.6 0.2 0.3 0.6 0.2 0.6 0.9 1.3 1.3 0.2 0.1 5.5 5.1 5.0 4.3 3.8 2021 2022 2023 2024 9M 2025 Egypt KSA UAE USA Other 5 Note: Backlog/new awards chart exclu
Slide 8: Pro Forma Snapshot Including 50% of BESIX – 9M 2025
Pro Forma Snapshot Including 50% of BESIX – 9M 2025 ▪ BESIX’s backlog decreased 11% y-o-y to EUR 7.2 billion as of 30 September 2025. New awards totaled EUR 657.6 million in Q3 2025, bringing total new awards to EUR 2.1 billion in 9M 2025 ▪ BESIX net cash position of EUR 104.3 million as of 30 Septe
Slide 9: Concessions, Building Materials, Equipment Services, and Facility Mgmt.
Concessions, Building Materials, Equipment Services, and Facility Mgmt. Concessions accounted for 8% and building materials, equipment services and facility management for 11% of total net profit in 9M 2025 Company Ownership 9M 2025 Revenue Description Operational Concessions(1) ▪ A 650 MW Build-Own
Slide 10: Financial Statements
Financial Statements 10
Slide 11: Income Statement
Income Statement USD million 9M 2025 9M 2024 Q3 2025 Q3 2024 Results Commentary Revenue 3,428.3 2,319.9 1,472.4 842.5 Revenue: Cost of sales (3,091.2) (2,105.1) (1,337.9) (768.8) ▪ Consolidated revenue increased 74.8% y-o-y to USD Gross profit 337.1 214.8 134.5 73.7 1,472.4 million in Q3 2025 and 47
Slide 12: Balance Sheet
Balance Sheet USD million 30 Sep 2025 31 Dec 2024 Results Commentary ASSETS Non-current assets Non-current assets ▪ Total equity account investees of USD 537.0 million, out of Property, plant and equipment 157.7 141.8 which BESIX represents USD 457.7 million Goodwill 27.7 27.7 Current assets: Trade
Slide 13: Balance Sheet
Balance Sheet USD million 30 Sep 2025 31 Dec 2024 Results Commentary EQUITY Equity: Share capital 110.2 110.2 ▪ The movement in reserves relates primarily to currency Share premium 467.3 467.3 translation differences Reserves (503.8) (534.0) Liabilities: Retained earnings 684.5 578.0 ▪ Trade and oth
Slide 14: Cash Flow Statement
Cash Flow Statement USD million 30 Sep 2025 30 Sep 2024 Results Commentary Cash flow generated from operating activities: Net profit 137.2 96.0 ▪ Operating cash flow of USD 211.1 million in 9M 2025 Adjustments for: compared to USD 258.4 million in 9M 2024. 9M 2024 operating cash flow was led by high
Slide 15: Cash Flow Statement
Cash Flow Statement USD million 30 Sep 2025 30 Sep 2024 Results Commentary Cash flow used in investing activities: Investment in associate (35.1) - ▪ Cash flow used in investing activities of USD 66.6 million in Investments in PPE (34.0) (48.6) 9M 2025 compared to USD 44.2 million in 9M 2024 Proceed
Slide 16: Important Notice and Disclaimer
Important Notice and Disclaimer This document has been provided to you for information purposes only. This document does not constitute an offer of, or an invitation to invest or deal in, the securities of Orascom Construction PLC (the “Company”). The information set out in this document shall not f
Slide 17: Contact Investor Relations
Contact Investor Relations: Hesham El Halaby Vice President hesham.elhalaby@orascom.com T: +971 4 318 0900 ADX and EGX: ORAS www.orascom.com