Slide 1: Q1 2026 Results Presentation
Q1 2026 Results Presentation 14 May 2026
Slide 2: Table of Contents
Table of Contents Section Page Summary Income Statement 1 Consolidated Backlog 2-4 Pro Forma Snapshot Including BESIX 5 Concessions and Subsidiaries 6 Financial Statements 7-12
Slide 3: Summary Income Statement
Summary Income Statement USD million Revenue by Geography – Q1 2026 Q1 2026 Q1 2025 Change Revenue 1,468.4 847.6 73.2% MEA 744.9 518.7 43.6% Egypt 33.3% USA USA 723.5 328.9 120.0% 49.3% EBITDA 108.3 54.1 100.2% MEA 76.8 47.0 63.4% Other MEA USA 31.5 7.1 343.7% 17.4% EBITDA margin 7.4% 6.4% Revenue b
Slide 4: Consolidated Backlog
Consolidated Backlog Evolution of Consolidated Backlog (USD Billion) (1) Consolidated Backlog New Awards $9.4 ▪ Consolidated backlog increased 7.5% y-o-y to $9.0 $8.7 USD 9.4 billion as of 31 March 2026 $8.1 $7.6 ▪ Consolidated new awards increased 14.9% y- o-y to USD 1,884.0 million in Q1 2026 $5.5
Slide 5: Consolidated Backlog Breakdown – March 2026
Consolidated Backlog Breakdown – 31 March 2026 Backlog by Geography(1) Backlog by Sector Other Commercial 1.7% 6.8% USA 30.9% Egypt Industrial Infrastructure 50.5% 29.0% 64.2% UAE 7.9% KSA 9.0% Backlog by Client Backlog by Currency(1) EGP 12.5% Private Public FCY 42.7% 57.3% 87.5% (1) 75.3% of backl
Slide 6: Evolution of Backlog by Geography
Evolution of Backlog by Geography Consolidated Backlog by Geography (Excluding BESIX) $5.3 bn $8.1 bn $7.6 bn $9.0 bn $9.4 bn 0.2 0.2 0.2 2.9 0.3 2.9 1.7 1.6 0.6 0.7 0.3 0.6 0.7 0.2 0.8 1.3 0.1 5.5 5.1 4.9 4.7 3.6 2022 2023 2024 2025 Q1 2026 Egypt KSA UAE USA Other 4 Note: Backlog/new awards chart e
Slide 7: Pro Forma Snapshot Including 50% of BESIX – Q1 2026
Pro Forma Snapshot Including 50% of BESIX – Q1 2026 ▪ BESIX’s standalone backlog decreased 18.3% y-o-y from near-record levels to EUR 6,409.9 million as of 31 March 2026 ▪ New awards decreased 9.2% y-o-y to EUR 543.4 million in Q1 2026 and mainly comprised new projects in Europe ▪ BESIX net cash pos
Slide 8: Concessions, Building Materials, Equipment Services, and Facility Mgmt.
Concessions, Building Materials, Equipment Services, and Facility Mgmt. Concessions distributed USD 3.7 million in Q1 2026, and the building materials, equipment services and facility management segment contributed USD 4.4 million (8.2%) to total net profit in Q1 2026 Company Ownership Q1 2026 Reven
Slide 9: Financial Statements
Financial Statements 10
Slide 10: Income Statement
Income Statement USD million Q1 2026 Q1 2025 Results Commentary Revenue 1,468.4 847.6 Revenue: Cost of sales (1,321.2) (755.8) ▪ Consolidated revenue increased 73.2% y-o-y to USD Gross profit 147.2 91.8 1,468.4 million in Q1 2026 Other income (net) 4.8 2.8 ▪ MEA accounted for 51% of total revenue in
Slide 11: Balance Sheet
Balance Sheet USD million 31 Mar 2026 31 Dec 2025 Results Commentary ASSETS Non-current assets Non-current assets ▪ Total equity account investees of USD 530.5 million, out of Property, plant and equipment 168.4 178.5 which BESIX represents USD 460.5 million Goodwill 27.7 27.7 Current assets: Trade
Slide 12: Balance Sheet
Balance Sheet USD million 31 Mar 2026 31 Dec 2025 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 (477.2) (448.9) Liabilities: Retained earnings 796.9 743.9 ▪ Trade and oth
Slide 13: Cash Flow Statement
Cash Flow Statement USD million 31 Mar 2026 31 Mar 2025 Results Commentary Cash flow generated from operating activities: Net profit 58.0 27.1 ▪ Operating cash flow of USD 26.2 million in Q1 2026 Adjustments for: compared to USD 14.1 million in Q1 2025 Depreciation 10.2 8.5 Interest income (9.2) (5.
Slide 14: Cash Flow Statement
Cash Flow Statement USD million 31 Mar 2026 31 Mar 2025 Results Commentary Cash flow used in investing activities: Proceeds from sale PPE 1.2 1.3 ▪ Cash flow used in investing activities of USD 156.4 million in Investments in PPE (17.6) (13.2) Q1 2026 compared to USD 11.9 million in Q1 2025 Investme
Slide 15: 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 16: Contact Investor Relations
Contact Investor Relations: Hesham El Halaby Vice President hesham.elhalaby@orascom.com ADX and EGX: ORAS www.orascom.com