Newsletter #9

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Newsletter #9 Cairo, 6th January 2019 Ras Ghareb Wind Energy – Project Update RGWE team wishes a happy and successful Year 2019 to all our stakeholders and readers ! The project construction progress is close to 60% mark, still slightly ahead from the original plan. More than 1,500,000 manhours have been worked at site with our Health & Safety target of no Lost Time Incident being fulfilled. The works performed by Orascom Construction under the Civil Works and Electrical Systems Agreement (CWESA) are progressing ahead of schedule. More than 110 out of the 125 Wind Turbine foundations have been poured and the internal roads are almost completed. The construction of the site buildings is progressing and in particular the Control Room building is about to reach completion. The erection of the MV/HV electrical substation is proceeding ahead of schedule. The laying of the MV and fiber optics cables connecting the Wind Turbines to the substation is also progressing well. Pouring of the 100th foundation Oil filing of step-up transformer 1 Ras Ghareb Wind Energy S.A.E., Egyptian Joint Stock Company registered under Internal Investment System Commercial register number: 104490 – Tax Card: 540 – 931 - 810 Registered office: Unit 1418, Floor 14, Nile City, Southern Tower, Ramlet Boulaq, Cairo, Egypt Branch office: Sahara Building, Plot 227, Second Sector, Fifth Settlement, New Cairo, Egypt On the wind turbines erection side, Siemens Gamesa is progressing well with the assembly of Towers, Nacelles, Hubs and Blades with currently 29 out of 125 wind turbines erected. On road 01 several turbines are assembled: RGWE is also mobilizing in view of the early operations phase of the project. As of today, 8 new employees have been hired for the company operations’ team. Press contact: Tel. Mona Ayad +201222202408 Email: [email protected] The project sponsors: Ras Ghareb Wind Energy S.A.E., Egyptian Joint Stock Company registered under Internal Investment System Commercial register number: 104490 – Tax Card: 540 – 931 - 810 Registered office: Unit 1418, Floor 14, Nile City, Southern Tower, Ramlet Boulaq, Cairo, Egypt Branch office: Sahara Building, Plot 227, Second Sector, Fifth Settlement, New Cairo, Egypt .

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