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Corporate Presentation April 2021

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Corporate Presentation April 2021 Greater Cairo Metro Line III Phase 4B Corporate Presentation April 2021 Highlights Global contractor focused on infrastructure, industrial and high-end commercial projects in MEA and USA . Dual listing on NASDAQ Dubai and the Egyptian Exchange – Shareholding above 5%: Sawiris Family - 51.8%; Sustainable Capital – 10.1%; Cascade Investment and Bill & Melinda Gates Foundation - 5.8% . Pro forma backlog of USD 8.0 billion including 50% share in BESIX and consolidated backlog of USD 5.4 billion as of 31 December 2020 – Ranked #38 on ENR’s Int’l Contractors list and #112 on Global Contractors list . Proven track record of growth and shareholder value creation through entry into new markets and the creation of new business lines – Previously incubated cement, port and fertilizer businesses . Focused on growing concessions portfolio to provide recurring cash flow and support long term growth – Co-developer and co-owner of Egypt’s first PPP project (Orasqualia) and the largest renewable energy IPP project in Egypt (262.5 MW BOO wind farm) – Already secured several O&M contracts in water, transportation and facilities management . Strategic shareholding of 50% in BESIX Group, the largest Belgian contractor with a backlog of of EUR 4.2 billion as of 31 December 2020 – Partnership opportunities, exposure to complementary capabilities and annual dividend stream – Book value of USD 382.9 million 2 Strong Track Record of Growth and International 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 cement producer in 12 . Concessions portfolio to create both construction project was refurbishment of school wall countries through greenfields and acquisitions in opportunities and recurring income and cash flow 1990s-2000s . Evolved into leading private sector contractor by . Already co-owner and co-operator of New Cairo the 1990s through partnerships with int’l players . Co-owned/built ME’s first privatized BOT port in Wastewater Treatment Plant, Egypt’s first PPP Egypt and divested stake in 2007 at a 49% IRR . Embarked on an ambitious drive in the mid-1990s . Co-developed 262.5 MW BOO wind farm in to invest in cement and building materials . Divested cement group in 2007 and began Egypt, the largest IPP renewable energy project growing fertilizer business in the country. Project commissioned and . IPO on the EGX in 1999 and acquired 50% of operational 45 days ahead of schedule on 31 BESIX Group in 2004 . Leveraged construction group and M&A to October 2019 expand fertilizer business in Egypt, Algeria, . Currently executing projects in 10 countries Netherlands and USA . Secured O&M contracts in water desalination, compared to 4 at IPO water treatment, wastewater treatment, power, . Demerged from fertilizer group in March 2015 transportation, and facilities management Growth and Geographic Expansion Backlog Growth (USD Million) Revenue Growth (USD Million) Backlog by Geography(1) $8,037 $3,371 Other BESIX 4.1% USA 2,598 50% 15.8% 5,439 Saudi Arabia 3.7% $1,495 $335 Egypt 1999 FY9M 20202015 1999 9M2020 2015 76.4% (1) Backlog as of 31 December 2020; backlog excludes BESIX and JV’s accounted for under the equity method 3 A Wide Range of 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 . Leading MENA industrial and infrastructure contractor . Backlog: USD 800 million . Backlog: USD 5.4 billion . Core markets: USA – licensed/registered in all 50 states and DC . Core markets: MENA . Expertise: contractor and construction manager of commercial, . Expertise: infrastructure, industrial and high-end commercial projects industrial and heavy industrial projects Contrack Watts BESIX Group . Established in 1985 . Established in 1909 . Preferred US government contractor for the last 10 years . 50% ownership . Backlog: USD 89 million . Backlog: EUR 4.2 billion (100% share) . Core markets: USA (including Pacific Rim) and MENA . Core markets: MENA and Europe . Expertise: EPC services and facilities management for federal and . Expertise: infrastructure, marine and high-end commercial projects infrastructure projects Note: Backlog size as of 31 December 2020 4 Geographic and Sector Diversification Rest of World 4.1% of Backlog United States 15.8% of Backlog Egypt 76.1% of Backlog Saudi Arabia 3.7% of Backlog Large geographic presence – each region with an established customer base Note: Backlog geographic segmentation is as of 31 December 2020 and excludes 50% share in BESIX 5 EPC Track Record Across Several Industries and Geographies Select Track Record Industrial • Over 12 mtpa of nitrogen fertilizer capacity in Egypt, Algeria and USA including the largest nitrogen fertilizer plant in USA in nearly 30 years • Over 40 mtpa of cement production capacity around the world • 8 petrochemical projects (ex. fertilizer) in the Middle East and the largest methanol plant in USA • Repeat contractor for agro/food players in the US such as Syngenta, Monsanto and Ozark Burullus Combined 4,800 MW Cycle Power Plant – Egypt Power • Completed over 28,000 MW of power generation projects in MENA (Egypt, Algeria and Iraq) • Added over 12,500 MW of power generation capacity in Egypt since 2016 including the largest power plants in the world • Renewable energy projects include two hydropower plants in Burundi and a wind farm in Egypt Transportation Park West Student Housing Complex – Texas A&M, USA • Key Cairo Metro player since the late 1980s and completed over 1,000km of rail projects in the Middle East (mainly Egypt and Saudi Arabia) • World’s largest swing rail bridge (in Egypt) and over 30 airport projects in the Middle East Water Treatment • Building the largest water treatment plant in Egypt (5m m3/day) and co-developer of Egypt’s first PPP project in Egypt (New Cairo Wastewater Treatment Plant) • Leading player in the development of Egypt’s water sector across all segments including desalination, Suez Canal Tunnels – Egypt wastewater and water infrastructure Buildings • First LEED Platinum project in Africa and the largest commercial malls in Egypt • Currently building the largest archaeological museum in the world in Egypt • Completed the largest student housing complex in the US at Texas A&M University • Completed three of the newest hospitals in Egypt Egyptian Refinery Company - Egypt Note: Excludes BESIX Group; more information on BESIX can be found on page 10 6 Consolidated Backlog Growth Current backlog size and quality supports the Group’s revenue and profitability targets Focus on pursuing quality projects where the Group has a competitive edge and is confident in the source of funding Evolution of Consolidated Backlog(1) Consolidated Backlog New Awards . Consolidated backlog (excluding BESIX) of $5.4 $5.4 $5.3 USD 5.4 billion in FY 2020, in-line with the $4.6 previous year $4.3 $3.8 $3.6 . Consolidated new awards decreased 17.8% $2.9 y-o-y in FY 2020 $2.2 $2.3 MEA . New awards of USD 2.0 billion in FY 2020 and USD 570 million in Q4 2020 2016 2017 2018 2019 2020 . New contracts include projects in the Backlog and New Awards Growth in 2020 infrastructure, transportation, logistics, data center and commercial sectors USD million FY 2020 FY 2019 Change Q4 2020 Q4 2019 Change USA Equity consolidation . New awards of USD 920 million in FY 2020 Backlog 5,439.4 5,444.9 (0.1)% and USD 350 million in Q4 2020 New Awards 2,918.8 3,550.3 (17.8)% 920.2 793.4 16.0% . New awards mainly in the Group’s core Pro forma inc. 50% of BESIX commercial, data center and light industrial sectors Backlog 8,037.0 8,132.5 (1.2)% New Awards 4,235.2 5,428.5 (22.0)% 1,389.5 1,462.2 (5.0)% (1) Backlog/new awards chart excludes BESIX and JV’s accounted for under the equity method 7 Backlog Diversification Backlog by Geography Backlog by Sector Backlog by Client Other 4.1% Private USA 19.0% 15.8% Commercial 33.2% Saudi Arabia 3.7% Infrastructure 58.6% Egypt Industrial 76.4% 8.2% Public 81.0% Backlog by Brand Backlog by Currency Currency Exposure Contrack Watts Weitz 1.6% 14.7% . 54.0% of the Group’s total backlog is in FCY or priced in FCY ‒ 40% of backlog in Egypt is in FCY EGP 46.0% ‒ FCY and FCY-priced backlog outweigh FCY & FCY- FCY costs in Egypt priced 54.0% . The Group incorporates cost escalation clauses in most EGP contracts to protect against potential cost inflationary pressures Orascom 83.7% Note: Backlog breakdown as of 31 December 2020; backlog excludes BESIX and JV’s accounted for under the equity method 8 Evolution of Backlog by Geography Consolidated Backlog by Geography (Excluding BESIX) $5.3 bn $4.6 bn $4.3 bn $5.4 bn $5.4 bn - - 0.1 0.2 0.5 0.9 0.2 1.2 0.1 0.2 0.1 - 0.2 0.3 1.4 0.9 1.0 0.2 0.4 0.4 4.2 3.9 3.1 2.8 2.9 2016 2017 2018 2019 2020 Egypt Other USA Saudi Arabia USA (OCI N.V.) Note: Backlog/new awards chart excludes BESIX and JV’s accounted for under the equity method 9 Investment in BESIX Group Highlights . An international Belgian multiservice company with a leading position in construction, property development and concessions founded in 1909 . OC acquired 50% of BESIX in a joint leverage buyout in partnership with BESIX management in 2004 ‒ Held value as an investment in associates on Orascom Construction’s balance sheet at a book value of USD 382.9 million .
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