TAQA Morocco S A : and Moeve sign preliminary land reservation agreement with the Government of the Kingdom of Morocco for green hydrogen project

PRESS RELEASE

CASABLANCA ON FEBRUARY 5 TH, 22026

TAQA MOROCCO AND MOEVE SIGN PRELIMINARY LAND RESERVATION AGREEMENT WITH THE GOVERNMENT OF THE KINGDOM OF MOROCCO FOR GREEN HYDROGEN PROJECT

▶ The Government of the Kingdom of Morocco selected TAQA Morocco and Moeve as a consortium last year, to develop a large-scale project for the production of green ammonia and industrial fueling in the southern regions of Morocco.

▶ TAQA Morocco will be responsible for the production of the renewable energy for the project, while Moeve will lead the e-fuels production and marketing.

▶ The signing of the preliminary land reservation agreements marks an important milestone in the development of this project, enabling the effective launch of feasibility studies.

Rabat, Morocco - February 5th, 2026: TAQA Morocco and Moeve have announced the signing of a preliminary land reservation agreement with the Government of Morocco, as part of the country's Green Hydrogen Offer to develop a large-scale project for the production of green ammonia and industrial fuel.

The project is being carried out through a consortium between TAQA Morocco, a major operator in the energy, water and infrastructure sectors in the Kingdom of Morocco, and Moeve, an international player committed to sustainable energy and mobility based on green molecules. Each consortium member will be responsible for its respective scope, with TAQA Morocco supplying the renewable-energy components of the project, which will be developed in a site located in the Dakhla region, and Moeve leading the e-fuels production and marketing at the Port of Jorf Lasfar.

This project, selected by the steering committee of Morocco's Green Hydrogen Offer, now enters a key phase with the launch of feasibility studies.

Abdelmajid IRAQUI HOUSSAINI, CEO and Chairman of the Management Board of TAQA Morocco: « This strategic partnership with Moeve will contribute to the decarbonization journey of TAQA Morocco's portfolio and support green mobility by fostering the development of hydrogen-derived products essential for industry and transport. » Maarten WETSELAAR, CEO of Moeve: « This agreement marks an important step in bringing large scale green molecule production to Morocco. By combining our expertise in green fuels with TAQA Morocco's strong renewable energy capabilities, we are laying the groundwork for a project that will accelerate the decarbonization of industry and heavy transport. » About TAQA Morocco (BVC : TQM): TAQA Morocco was created in 1997 to strengthen Morocco's energy mix and support its industrialization and economic growth. The Company is a major player in the Kingdom of Morocco, diversifi¬ed in the sectors of renewable energy generation, low-carbon, green hydrogen and seawater desalination, as well as in power and water transport networks. TAQA Morocco currently contributes to 34% of the domestic electricity demand with 17% of installed capacity.

Listed on the Casablanca Stock Exchange since December 2013, TAQA Morocco aims to support the low carbon strategy and the national water plan.

For more information, please visit: https://www.taqamorocco.ma Investors Relations: [e-mail]

Media: [e-mail]

About Moeve: Moeve is a global company comprising over 11,000 employees, committed to sustainable energy and mobility, with the ambition to drive Europe's energy transition and accelerate decarbonisation both within the company and for its customers.

After leading the energy sector as Cepsa for more than 90 years, the company launched its new brand, Moeve, in 2024. This new identity reflects the acceleration of its transformation to lead in the production of sustainable energy powered by green molecules, including green hydrogen and second-generation biofuels, as well as sustainable chemical products. It is also developing an extensive network of ultrafast electric chargers in Spain and Portugal to boost sustainable mobility.

Through its 2030 Positive Motion strategic plan, Moeve is working to transform mobility and energy to create a better world, ensuring today's energy supply while focusing on sustainable energy solutions for the future.

For more information, visit https://www.moeveglobal.com/en Corporate Affairs: [e-mail]

TAQA Morocco

TAQA Morocco • Head Office : Km 23, Route secondaire 301 Moulay Abdellah commune - El jadida Province Centrale Thermique Jorf Lasfa

B.P.99 - Sidi Bouzid - El Jadida - Morocco Tel : [phone] - Fax : [phone]

Contact : [e-mail]

TAQA Morocco's Presse release is published on its website at the following link:

https://www.taqamorocco.ma/en/investors/press-releases-and-financial-statements