Orascom Development Holding AG announces the financial results of its Egyptian subsidiary (ODE) for the first half of 2024.

Orascom Development Holding AG announces the financial results of its Egyptian subsidiary (ODE) for the first half of 2024.

Altdorf, August 12, 2024 – Orascom Development Holding AG (ODH) is pleased to announce that Orascom Development Egypt (ODE), the Group’s largest Egyptian subsidiary, today reported its financial results for the first half of 2024. You can find the earnings report together with the presentation via the link below:

https://www.orascomde.com/investor-relations/financial-reports

Orascom Development Holding (ODH)’s H1 2024 results will be announced on Wednesday, August 14 at 7:00 a.m. CET.

About Orascom Development Holding AG:

Orascom Development Holding (ODH) is a leading developer of fully integrated cities, including hotels, private villas, apartments, leisure facilities such as golf courses, marinas and supporting infrastructure. Orascom Development Holding’s diversified portfolio is spread across seven jurisdictions (Egypt, UAE, Oman, Switzerland, Morocco, Montenegro and the United Kingdom). The Group currently operates ten destinations: five in Egypt (El Gouna, Taba Heights, Makadi Heights, O-West and Byoum), The Cove in the United Arab Emirates, Jebel Sifah and Hawana Salalah in Oman, Luštica Bay in Montenegro and West Carclaze Garden Village in the United Kingdom. ODH shares are listed on the SIX Swiss Exchange.

For more information, please visit https://www.orascomdh.com/.

Investor Contact:

Ahmed Abou El-Ella

Director of Investor Relations

Phone: +20 224 61 89 61

Mobile: +20 122129 5555

Email address: [email protected]

Disclaimer:

This press release may contain forward-looking statements based on current assumptions and forecasts of ODH’s management. Known and unknown risks, uncertainties and other factors could lead to material differences between forward-looking statements made here and actual developments, in particular the results, financial situation and performance of ODH. ODH assumes no responsibility to update or adapt forward-looking statements to future events or developments.

End of Inside Information

1965351 12-08-2024 Central European Time/Central European Time