Orascom Development Holding AG announces its Egyptian Subsidiary Q1 2024
Financial Results

Orascom Development Holding AG / Key word(s): Miscellaneous/Miscellaneous
Orascom Development Holding AG announces its Egyptian Subsidiary Q1 2024
Financial Results

15-May-2024 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to Art. 53 LR.

Orascom Development Holding AG announces its Egyptian Subsidiary (ODE) Q1
2024 Financial Results.

Altdorf, 15 May 2024 - Orascom Development Holding AG (ODH) is pleased to
announce that Orascom Development Egypt (ODE), the largest Egyptian
subsidiary of the Group, has reported its Q1 2024 financial results today.
Please find the earnings release along with the presentation under the link
below:

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

Orascom Development Holding (ODH) Q1 2024 results will be announced on
Tuesday, May 21st, at 7:00 a.m. CET.

About Orascom Development Holding AG:

Orascom Development Holding (ODH) is a leading developer of fully integrated
towns, including hotels, private villas, apartments, leisure facilities such
as golf courses, marinas, and supporting infrastructure. Orascom Development
Holding's diversified portfolio is spread over 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, Lutica Bay in Montenegro,
and West Carclaze Garden Village in the United Kingdom. The shares of ODH
are listed on the SIX Swiss Exchange.

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

Contact for Investors:

Ahmed Abou El Ella

Director of Investor Relations

Tel: +20 224 61 89 61

Mobile: +20 122129 5555

Email: ir@orascomdh.com

Disclaimer

This press release may contain forward-looking statements based on current
assumptions and forecasts of ODH management. Known and unknown risks,
uncertainties, and other factors could lead to material differences between
any forward-looking statements made here and the actual development,
particularly ODH's results, financial situation, and performance. ODH
accepts no responsibility for updating or adapting forward-looking
statements to future events or developments.


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End of Inside Information

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   Language:       English
   Company:        Orascom Development Holding AG
                   Gotthardstraße 12
                   6460 Altdorf
                   Switzerland
   Phone:          +41 41 874 17 17
   Fax:            +41 41 874 17 07
   E-mail:         ir@orascomdh.com
   Internet:       www.orascomdh.com
   ISIN:           CH0038285679
   Valor:          A0NJ37
   Listed:         SIX Swiss Exchange
   EQS News ID:    1903111

End of Announcement EQS News Service
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1903111 15-May-2024 CET/CEST