Decarbonizing Maritime Transport

OCI's MENA assets ideally positioned to capitalize on abundant renewable energy and supply Europe's hydrogen shortfall Capitalizing on execution track record with strong public and private partnerships in place OCI's MENA assets are the ideal exporters of H2 / Green NH3 to EU Ammonia fuel supply potential Existing ammonia facilities and infrastructure represent ideal platform to plug-and- play green/blue H₂ OCI is exploring a pilot green ammonia project in Egypt using attractively priced wind/solar energy or waste gasification OCI, in conjunction with ADNOC through the Fertiglobe joint venture, is well- positioned to capture the huge potential demand for ammonia as an energy carrier and marine fuel. S Fertiglobe أدنوك ADNOC An ADNOC and OCI Company EU has committed ~EUR 7 bn in direct funding and ~EUR 30 bn in public and private sector financing to promote Green H₂ in Southern Mediterranean (including Egypt and Algeria) between 2021-2027 Net H₂ deficit market Strong public and private partnerships OC has developed a 250MW wind farm in Ras Ghareb, Egypt in consortium with Engie and Toyota Strategic partnerships with governments and relevant renewable players to accelerate implementation in the UAE and Egypt, subject to supportive regulatory environment and national environmental targets Orascom Construction (OC) (spun off in 2015) has repeat power project partnerships in MENA o Developed 28GW of generation capacity, including 12.5GW in Egypt Commissioned in 2020 and located in high intensity onshore wind region near EBIC and EFC in Sokhna Attractively priced with avenue for further growth along wind corridor Finalizing agreement to triple wind generation capacity to 750MW by 2024 ORASCOM CONSTRUCTION ENGIE TOYOTA OCI production assets MENA NH3 / H₂ exports to EU OCI 28

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