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Orascom Construction Reports Backlog of USD 7.3 Billion and Net Income of USD 46.1 Million in Q1 2024

21 May, 2024

  • Revenue of USD 766.3 million, adjusted EBITDA of USD 37.8 million and net income attributable to shareholders of USD 46.1 million in Q1 2024
  • Consolidated backlog of USD 7.3 billion and pro forma backlog including 50% share in BESIX of USD 9.9 billion as of 31 March 2024
  • Consolidated new awards of USD 609.5 million and pro forma new awards including 50% share in BESIX of USD 895.7 million in Q1 2024
  • BESIX reports a standalone backlog of EUR 4.8 billion and new awards of EUR 530.6 million in Q1 2024
  • Shareholders approved at the AGM on May 20 a dividend of USD 0.20 per share

Revenue of USD 3,367.5 million, consolidated EBITDA of USD 232.6 million and net income attributable to shareholders of USD 158.6 million in FY 2023 Net cash position of USD 446.8 million as of 31 December 2023 and operating cash flow of USD 211.6 million in FY 2023 Consolidated backlog of USD 8.1 billion and pro forma backlog including 50% share in BESIX of USD 10.9 billion as of 31 December 2023 Consolidated new awards of USD 5.8 billion and pro forma new awards including 50% share in BESIX of USD 7.4 billion in FY 2023 BESIX reports a standalone backlog of EUR 5.1 billion and new awards of EUR 3.1 billion in FY 2023 Returned USD 71.5 million to shareholders in FY 2023 through dividends and a share buyback Please view the attachment for the full press release. Contact Investor Relations Hesham El Halaby Director hesham.elhalaby@orascom.com ir@orascom.com +971 4 318 0900 www.orascom.com

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