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Investor Presentaiton

- (5) FINANCIAL STRENGTH AS COMPETITIVE ADVANTAGE - INCREASING ALLOCATIONS TO INFRASTRUCTURE INVESTMENTS PENSION ASSET ALLOCATION FROM 2000 TO 2020 (%) 60 60 7% 0 2000 Pension funds have increased their allocation to alternative investments from 7 % to 26% in the last 20 years. Alternatives have been attractive for return reasons despite their governance difficulties. L 2005 Equities Bonds Other* Cash 26% 2010 2015 2020e Other includes real estate, private equity and infrastructure Source: Willis Towers Whatson, Thinking Ahead Institute, „Global Pension Assets Study," 2021 48 Investor Presentation November 2021 STRABAG SOCIETAS EUROPAEA

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