Amsterdam / Abu Dhabi / September 22, 2025: Oci Global (Euronext: Oci, “Oci”) and Oascom Construction PLC (ADX and EGX: Oras, “Oascom Construction”) announced today that they are pursuing a potential fusion (the “combination”). The combination would set up a scalable infrastructure and investment platform, which is anchored in Abu Dhabi with a global range. In particular, the combination would offer the following advantages:
- Complementary strengths: The combination will bring together the first-class execution skills of Orascom Construction-supported by a backlog of $ 14 billion[1]Deep industry competence in the infrastructure and the provision of complex projects and concessions several female, mainly in the United States, in the GCC, in Egypt, in Europe and selected emerging countries and the institutional investment platform of OCI, transaction competence and proven success balance of the disciplined capital assignment.
- Strong balance sheet: The combination will unite and improve the financial strength of companies and consolidate considerable capital resources and financing skills. This strengthened platform will enable investments in large-scale infrastructure options via several channels, including equity, credit, company and maintenance participation and at the same time the established experience of Orascom Construction. Together, these attributes position the combination to unlock a new growth phase.
- Infrastructure -success balance: The combination offers a globally diversified platform to use the long-term success balance from Orascom Construction and the access to a pipeline for infrastructure that several industries such as digital, aviation, transport, electricity and water as well as management qualities for the provision of landmark projects such as US data centers as well as other remarkable industry and infrastructure investments comprises.
Success record of the value creation
Oascom Construction and OCI have each created a value about cycles and geographies, which include five continents, including the execution of Landmark -Infrastructure Transactions, Industrial Projects and the Creation of Global Business. Since the beginning of 1950 by Onsi Sawiris, Orascom Construction has established a strong brand for the provision of quality projects and the construction of strong repeated alliances with partners and customers around the world. It became a worldwide leading global engineering, procurement and construction (EPC). With its entrepreneurial investment, OCI has developed a global leading cement, nitrogen and methanol business since 1999 and has done pioneering work in the USA's first large area of ​​Greenfield Blue-Blue-Blue-Kammoniak plant.
The period of the greatest added value in the history of Oascom Construction and Oci were in cement and later in natural gas industries in the assembly of their business, in which the companies built scale and achieved significant returns. OCI – including the OASCOM construction in its predecessor – has distributed dividends to shareholders of around 22 billion USD and delivered an internal return (IRR) of approx. 39% over the period.
With regard to the future, the combination is willing to contribute the opportunities in the infrastructure and to promote the merger of capital, investment and industry skills in order to strengthen and expand a diversified platform that will create repeated value in the upcoming cycles for years.
Structure of the possible combination
The construction of OCI and Oascom examines a structure in which the Orascom construction would acquire the acquired ADGM-integrated and adx-prime company. Subject to the ongoing negotiations on the structure of the potential combination, the OCI shareholders would receive a ratio after completing the mutual Due diligence and relative evaluation. Oci would then be liquidated and triggered by Euronext Amsterdam.
If a transaction can be agreed and approved by the bodies of the two companies, it is presented to the shareholders of both companies and for official approvals from the responsible authorities.
[1] Consisting of the consolidated gap from Orascom Construction in the amount of USD 9.6 billion plus the 50% share in the Bastlog of the Beex Group.
Notes
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About Oci Global
Oci Global (Euronext: OCI) is a global investment platform that focuses on long -term added value through disciplined capital allocation. With a 30-year history of companies in fertilizers, ammonia, methanol, cement and infrastructure, OCI has returned around $ 7 billion to shareholders since 2022.
Iowa Dertilizer Company, the first US Greenfield nitrogen fertilizer in 25 years and the largest private investment in the history of IOWA.
Beaumont Clean Ammoniak, the world's first Greenfield Blue Ammoniak plant that comes online in Texas.
Find out more at www.oci-global.com. Follow OCI on LinkedIn.
About Oascom Construction PLC
Oascom Construction PLC (ADX and EGX: Oras, “Oascom Construction” or “Group”) is a leading global engineering and building contractor with a long-term success story in the provision of large, complex infrastructure, industrial and trade projects in the Middle East, Africa and the United States.
The group has a global infrastructure and industrial track record of projects that are completed and are under construction, including over 30 GW electricity. C.17 million m3/Day of desalination, water and wastewater treatment capacity; Over 3,800 km high speed, monorail and subway, including the largest high-speed network in the construction; and iconic social infrastructure projects such as the Grand Egyptian Museum.
In the United States, the construction of Weitz, Epi Power and Contraps Watts, through its subsidiaries Orascom Construction USA, builds the 170-year-old inheritance and is now highly active in terms of data centers and aviation with a track record of over 1 GW data centers and more than thirty aviation projects.
Oascom Construction also develops and invests in concessions. The group's portfolio includes the treatment of sea water and waste water, renewable energies and logistics in the United Arab Emirates, Saudi Arabia and Egypt, including 913 MW wind farms and the largest operational wind farm in the Middle East and Africa.
Oascom Construction has 50% of the BESIX group, one of the largest private contractors in Europe, with operation in all construction, concessions and real estate in Europe, the Middle East, Africa and Australia. Besix has a proven track record that Burj Khalifa, Zayed National Museum and Guggenheim Abu Dhabi includes in the United Arab Emirates and Oosterweel-Link-Scheldt-Tunnel in Belgium, and has an established portfolio of concessions in Europe and the VAE, including the transport and marine in Europe, in Europe, in Europe, in Europe. Europe, in Europe, in the U-UAE, in Europe.
The OraScom construction has an overall operation, including its 50% share of $ 14 billion.
The group also has a portfolio of subsidiaries about building materials, facility management and device services.
Orascom Construction has classified the world's leading contractors and is listed twice in the Abu Dhabi Securities Exchange (ADX) and the Egyptian Exchange (EGX).
Find out more at www.orascom.com. Follow Orascom Construction on LinkedIn.
Data Center Campus, Iowa, USA.
New terminal from the Kansas City International Airport: Leed Gold Airport in the United States, the largest overall glass facility in the USA and a capacity of over sixteen million passengers per year.
Contact details
Oci global
Sarah Rajani CFAGlobal Vice President, Investor Relations and Communications
Email: sarah.rajani@oci-global.com
Oascom Construction PLC
Hesham El HalabyVice President, Investor Relations and Corporate Communications E -Mail: hesham.elhalaby@orascom.com