At the Extraordinary General Meeting held on August 12, 2025, shareholders approved all special resolutions to migrate the Company’s primary listing from Nasdaq Dubai to ADX and to transfer the Company’s incorporation from the Dubai International Financial Center (DIFC) to the Abu Dhabi Global Market (ADGM).

The Company’s secondary listing on the Egyptian Exchange (EGX) is unchanged, and the Company’s shares are now dual listed on ADX and EGX.

Osama Bishai, CEO of Orascom Construction, commented, “We are pleased to begin trading on ADX today. We are already an active player across construction and infrastructure investments in Abu Dhabi, and we look forward to bringing our unique track record of delivering major projects and investments across our global markets to both new and existing shareholders. This marks the first step in our internal restructuring to expand our construction activities and strengthen our infrastructure investments. Our focus remains on creating long-term value, and this milestone reinforces our platform as we continue to execute our growth strategy.”

Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, said: “The listing of Orascom Construction is a qualitative addition that enhances market depth and opens new horizons for investors to participate in the next phase of the region’s development. By welcoming a leading player in the infrastructure sector, we are expanding the range of investment opportunities, particularly products linked to long-term infrastructure and energy needs. This step complements ADX’s offering of 12 diverse sectors, including financial services, healthcare, technology, real estate, energy, and others. Such diversity reflects the strength of listed companies, which achieved the highest profitability among GCC exchanges in the first half of 2025, with net profits up 15.6% year-on-year to 88 billion Dirhams. ADX remains committed to meeting investor aspirations and reinforcing Abu Dhabi’s position as a global financial hub.”

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At the Extraordinary General Meeting held on August 12, 2025, shareholders approved all special resolutions to migrate the Company’s primary listing from Nasdaq Dubai to ADX and to transfer the Company’s incorporation from the Dubai International Financial Center (DIFC) to the Abu Dhabi Global Market (ADGM).

The Company’s secondary listing on the Egyptian Exchange (EGX) will remain unchanged.

The Company’s shares held on Nasdaq Dubai at the time of suspension of trading will be transferred to ADX and, upon listing on ADX, the Company’s shares will be dual listed on ADX and EGX.

The opening price on ADX will be set at the last closing price on EGX on September 10, 2025, and converted into AED using the exchange rate published by the Central Bank of the UAE on the same date.

The Company’s shares on ADX will trade under the symbol ORAS.

Timeline of Key Events

Set out below is a timeline of the key events in connection with the suspension of trading and cancellation of listing on Nasdaq Dubai and the listing on ADX. The Company’s secondary listing on EGX will remain operational during this period.

Further information is available in the “Additional Information for Investors” document on the Company’s website at www.orascom.com.

Transfer to ADGM

The Company has commenced procedures to transfer its incorporation from the DIFC to the ADGM, for continuance as a company registered under the ADGM Companies Regulations. The process is ongoing and is anticipated to conclude after the ADX listing, subject to regulatory approvals.

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The project is developed by Red Sea Wind Energy S.A.E., a consortium comprising ENGIE (35%), Orascom Construction (25%), Toyota Tsusho Corporation (20%), and Eurus Energy Holdings Corporation (20%), under a 25-year BOO scheme. In addition to its equity investment and development role, Orascom Construction executed all civil and electrical works as well as the full EPC scope for the balance of the plant. Goldwind International delivered, installed and commissioned the 104 wind turbines.

More than 7 million manhours were achieved without lost time incidents, a testament to our Consortium’s unwavering commitment to zero harm to our employees and contractors.

The Red Sea Wind Farm is currently the largest operational wind farm in the Middle East and Africa, supplying clean energy to over 1 million homes and reducing carbon emissions by approximately 1.5 million tons annually.

This new 650 MW wind farm also builds on the past success achieved by the same consortium in developing Egypt’s first renewable energy Independent Power Producer (IPP) project of its kind and size, completed in October 2019 ahead of schedule, and triples the consortium’s operational wind energy capacity in Egypt to 912.5 MW.

The consortium has also commenced evaluation and development activities for a new 900 MW wind farm on a land plot near the current project site.

Francois-Xavier Boul, Managing Director Middle East and North Africa at ENGIE, remarked, “This success highlights the strength and operational excellence of our consortium and its central role in Egypt’s energy transition. With the launch of Red Sea Wind Energy, ENGIE now manages nearly 1 GW of wind energy in Egypt, further strengthening its leadership in the renewable energy sector in the Middle East.”

Osama Bishai, CEO of Orascom Construction, commented, “This milestone reflects our continued progress in expanding our renewable energy and concessions portfolio, which now includes 912.5 MW of wind farms and three water projects across Egypt, the UAE, and Saudi Arabia. We continue to deliver high-impact projects that are integral to Egypt’s infrastructure and economy, and I am proud of our teams for completing the full 650 MW ahead of schedule and in time for the summer. We are pleased to extend our collaboration with ENGIE, TTC, Eurus, and the Ministry of Electricity, and look forward to similar success on our next project.”

Tatsuya Hirata, COO, Africa Division, Toyota Tsusho Corporation, said, “Completing the largest wind farm in Egypt ahead of schedule is a remarkable milestone that reflects the strength of our partnerships and our ability to execute complex infrastructure project in Africa. This achievement highlights our long-term commitment to supporting sustainable development and energy security in the country, while contributing to Egypt’s national decarbonization strategy.”

Tetsuya Suwabe, President & CEO of Eurus Energy Holdings Corporation, commented, “We are proud to announce the early completion and successful commencement of commercial operation for Africa’s largest wind power project. This accomplishment is a testament to the dedication and expertise of everyone involved. It reinforces our mission to expand renewable energy globally and to play a meaningful role in the transition to a low-carbon future.”

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Contrack (Cyprus) Limited is a subsidiary of Orascom Construction PLC (the “Company”).

The award finds the JV liable to pay QF the net sum of QAR 104,622,023 (equivalent to USD 28.7 million).

Contrack (Cyprus) Limited holds a 45% stake in the JV.

The Arbitral Tribunal has now ruled on all claims submitted by the parties except for interest and legal costs.

Given the complexity and length of the award, the Company is analyzing it together with its partner and legal advisors to evaluate the next legal steps.

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This major milestone marks another successful step in Orascom Construction’s strategy to grow its renewable energy and overall concessions portfolios, which now include 912.5 MW of wind farms and three water projects in Egypt, UAE and KSA.

This project is being developed by Red Sea Wind Energy S.A.E., a consortium comprising ENGIE (35%), Orascom Construction (25%), Toyota Tsusho Corporation (20%), and Eurus Energy Holdings Corporation (20%), under a 25-year BOO scheme.

Orascom Construction is also responsible for executing the EPC of the balance of the plant as well as all civil and electrical works, and has achieved such progress well ahead of schedule with zero lost time incidents.

This project is also a testament to Orascom Construction’s ability to combine fast-track construction, the highest levels of HSE, financing expertise, and collaboration with leading global partners and financial institutions.

The wind farm will generate clean energy for over 1 million homes, reducing carbon emissions by approximately 1.5 million tons annually and contributing to Egypt’s energy transition goals. Today’s milestone also establishes the project as the largest operational wind farm in Africa.

In addition, the consortium has already commenced evaluation and development activities for a wind farm exceeding 900 MW on a newly allocated land plot near the current project site.

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