Slide 1: Corporate Presentation September 2025
Red Sea Wind Farm – 650 MW, Ras Ghareb, Egypt Corporate Presentation September 2025
Slide 2: Highlights
Highlights Engineering, construction and concessions in the Middle East, Africa and USA ▪ Global engineering and construction activities primarily focused on infrastructure, commercial and industrial projects in MEA and USA – Consolidated backlog of USD 9.6 billion including 50% share in BESIX and p
Slide 3: Recent Developments: Executing Our Long-Term Strategy
Recent Developments: Executing Our Long-Term Strategy • Backlog increased 24.0% y-o-y to a record level of USD 9.6 billion as of 30 June 2025 • Majority of the backlog in Egypt is comprised of large-scale infrastructure projects funded by international financial institutions, with approximately 78%
Slide 4: Wide Range of EPC Capabilities Across Various Geographies
Wide Range of EPC Capabilities Across Various Geographies Orascom Construction PLC operates under three brands and owns 50% of BESIX Group Orascom Construction Weitz ▪ Established in 1950 ▪ Established in 1855 ▪ Backlog: USD 6.9 billion ▪ Backlog: USD 2.6 billion ▪ Core markets: Middle East and Afri
Slide 5: Growing Concessions Portfolio in Egypt, UAE and KSA
Growing Concessions Portfolio in Egypt, UAE and KSA Co-owner and co-developer of projects in water, renewable energy, logistics and hydrogen sectors Creates construction opportunities followed by long-term recurring income New Cairo Wastewater Dammam Independent Sewage Ras Ghareb Wind Energy Red Sea
Slide 6: Equipment Services and Building Materials
Equipment Services and Building Materials Diverse group of subsidiaries across building materials and equipment services Orascom Construction divested two of its building material subsidiaries in 2023 for EGP 2.2 billion Company Ownership H1 2025 Revenue Description ▪ A leading equipment importation
Slide 7: O&M, Facility Management and Industrial Parks
O&M, Facility Management and Industrial Parks ▪ Secured multi-year O&M contracts for projects on which the Group is also the contractor ▪ Current O&M contracts across water treatment, wastewater treatment and transportation: Operation & – High-speed rail: 15-year O&M for Egypt’s first high-speed rai
Slide 8: Leading EPC Track Record Across Several Industries and Geographies
Leading EPC Track Record Across Several Industries and Geographies Select Track Record Transportation • Over 3,800 km of high-speed rail, monorail, railway, metro in MEA • Key Cairo Metro player since the late 1980s and completed over 1,000 km of rail projects in the Middle East (mainly Egypt and Sa
Slide 9: Consolidated Backlog
Consolidated Backlog Evolution of Consolidated Backlog (USD Billion) (1) Consolidated Backlog New Awards ▪ Consolidated backlog increased 24.0% y-o-y to a record USD 9.6 billion in H1 2025 $9.6 ▪ Consolidated new awards increased 69.2% y- (2) o-y to USD 1.8 billion in Q2 2025 and 106.0% $8.1 $7.7 $7
Slide 10: Consolidated Backlog Breakdown – 30 June 2025
Consolidated Backlog Breakdown – 30 June 2025 Backlog by Geography Backlog by Sector Other Commercial 3.8% 9.7% USA Industrial 27.6% 21.3% Egypt Infrastructure 53.0% 69.0% UAE 4.0% KSA 11.6% Backlog by Client Backlog by Currency(1) EGP 11.7% Private 41.2% Public FCY & FCY-priced 58.8% 88.3% (1) 78%
Slide 11: Evolution of Backlog by Geography
Evolution of Backlog by Geography Consolidated Backlog by Geography (Excluding BESIX) (1) $6.1 bn $5.5 bn $8.1 bn $7.6 bn $9.6 bn 0.4 0.2 2.6 0.3 1.7 1.6 0.4 0.2 0.6 1.1 0.2 0.6 1.3 1.3 0.2 0.1 5.5 5.1 5.1 4.3 3.8 2021 2022 2023 2024 H1 2025 Egypt KSA UAE USA Other Note: Backlog/new awards chart exc
Slide 12: Investment in BESIX Group
Investment in BESIX Group Highlights ▪ An international Belgian company founded in 1909 with strong presence in construction, concessions and property development ▪ OC acquired 50% of BESIX in a joint leverage buyout in partnership with BESIX management in 2004 ‒ Held value as an investment in assoc
Slide 13: Pro Forma Snapshot Including 50% of BESIX – H1 2025
Pro Forma Snapshot Including 50% of BESIX – H1 2025 ▪ BESIX’s backlog increased 9.9% y-o-y to EUR 7.5 billion as of 30 June 2025 while new awards totaled EUR 820.3 million in Q2 2025, bringing total new awards to EUR 1.4 billion in H1 2025 ▪ BESIX net cash position of EUR 41.0 million as of 30 June
Slide 14: Proven Financing Capabilities
Proven Financing Capabilities ▪ Finance team previously secured and arranged debt for complex industrial and infrastructure projects worldwide across cement, fertilizer, power and infrastructure sectors, having historically raised ~USD 30 billion of financing and having strong relationships with Eur
Slide 15: Financial Section – H1 2025 Results
Financial Section – H1 2025 Results
Slide 16: Summary Income Statement
Summary Income Statement USD million Revenue by Geography – H1 2025 H1 2025 H1 2024 Change Q2 2025 Q2 2024 Change Revenue 1,955.9 1,477.4 32.4% 1,108.3 711.1 55.9% MEA 1,155.3 681.2 69.6% 636.6 321.4 98.1% USA 800.6 796.2 0.6% 471.7 389.7 21.0% USA Egypt 40.9% 44.4% EBITDA 139.4 68.0 105.0% 85.2 37.
Slide 17: Concessions, Building Materials, Equipment Services, and Facility Mgmt.
Concessions, Building Materials, Equipment Services, and Facility Mgmt. Concessions accounted for 10% and building materials, equipment services and facility management for 12% of total net profit in H1 2025 Company(1) Ownership H1 2025 Revenue Description Operational Concessions ▪ A 650 MW Build-Ow
Slide 18: Income Statement
Income Statement USD million H1 2025 H1 2024 Q2 2025 Q2 2024 Results Commentary Revenue 1,955.9 1,477.4 1,108.3 711.1 Revenue: Cost of sales (1,753.3) (1,336.3) (997.5) (637.5) ▪ Consolidated revenue increased 55.9% y-o-y to USD Gross profit 202.6 141.1 110.8 73.6 1,108.3 million in Q2 2025 and 32.4
Slide 19: Balance Sheet
Balance Sheet USD million 30 June 2025 31 Dec 2024 Results Commentary ASSETS Non-current assets Non-current assets ▪ Total equity account investees of USD 521.4 million, out of Property, plant and equipment 155.6 141.8 which BESIX represents USD 446.0 million Goodwill 27.7 27.7 Current assets: Trade
Slide 20: Balance Sheet
Balance Sheet USD million 30 June 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 (513.6) (534.0) Liabilities: Retained earnings 661.0 578.0 ▪ Trade and ot
Slide 21: Cash Flow Statement
Cash Flow Statement USD million 30 June 2025 30 June 2024 Results Commentary Cash flow generated from operating activities: Net profit 89.3 70.7 ▪ Operating cash flow of USD 26.2 million in H1 2025 Adjustments for: compared to USD 250.7 million in H1 2024. H1 2024 operating cash flow was led by high
Slide 22: Cash Flow Statement
Cash Flow Statement USD million 30 June 2025 30 June 2024 Results Commentary Cash flow used in investing activities: Investment in associate (35.1) - ▪ Cash flow used in investing activities of USD 60.5 million in Investments in PPE (28.3) (32.5) H1 2025 compared to USD 30.9 million in H1 2024 Proce
Slide 23: Appendix
Appendix
Slide 24: Strong Track Record of Geographic and Sector Expansion
Strong Track Record of Geographic and Sector Expansion History of Creating Value for Shareholders Growing Family Construction Business Incubating Cement, Port & Fertilizer Lines Building an Investments and O&M Portfolio ▪ Roots trace back to 1950s in Egypt where first ▪ Created a top 10 global cemen
Slide 25: Entrepreneurial Track Record
Entrepreneurial Track Record Creating Shareholder Value ▪ Shareholder return: driven by strong longstanding leadership along with investment vision of principal shareholders ▪ Strategy to focus on infrastructure investments/concessions, Operation & Maintenance (O&M) contracts and complementary servi
Slide 26: Longstanding Position as Global Contractor of Choice
Longstanding Position as Global Contractor of Choice Track Record and Competitive Strengths ▪ Tradition: construction has been the core business since inception in 1950 – Orascom Construction PLC is now a leading global company employing c.55,000 people, with over 70 years of experience in MENA mark
Slide 27: Group Strategy Aimed at Delivering Top and Bottom Line Growth
Group Strategy Aimed at Delivering Top and Bottom Line Growth The Group has focused on creating shareholder value in the process of becoming a leading private sector contractor and an incubator of high-value businesses Strengthen EPC Market and Geographic Position Investment and Concessions Opportun
Slide 28: Board of Directors
Board of Directors Chairman CEO Jérôme Guiraud Osama Bishai Independent Non-Executive Executive Board Member Chairman Hassan Badrawi Johan Beerlandt Sami Haddad Bjorn Schuurmans Nada Shousha Renad Younes Non-Executive Independent Non-Executive Independent Non-Executive Non-Executive Independent Non-
Slide 29: 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 30: Contact Investor Relations
Contact Investor Relations: Hesham El Halaby Vice President hesham.elhalaby@orascom.com T: +971 4 318 0900 ADX: ORAS EGX: ORAS www.orascom.com