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Investor Presentaiton

(1) URBANISATION/POPULATION GROWTH - EXAMPLE II PROJECTION OF LARGEST RESIDENTIAL CONSTRUCTION NEED 400,000 Number of flats 40,000 Average Annual Construction Demand Cumulative Construction Need 2021-2030 0 London Warsaw Paris Budapest Berlin Vienna Copenhagen Amsterdam Zurich Source: DIW-Econ "Estimating the number of unavailable flats in nine selected largest European cities by 2030," August 2020 16 Investor Presentation January 2023 STRABAG SOCIETAS EUROPAEA Number of flats
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