PORR : Conference Call Presentation, August 2022

HY Results 2022

Part of the solution.

Investor Presentation

August 2022

Disclaimer

• This presentation was prepared by PORR AG (the "Company") solely for use at investors' meetings and is provided solely for informational purposes.
• This presentation dates from August 2022. The facts and information contained herein might be subject to revision in the future. Neither the delivery of this presentation nor any further discussions of the Company with any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since such date. None of the Company or any of its subsidiaries or any of its shareholders or any of such person's directors, officers, employees or advisors nor any other person makes any representation or warranty, express or implied as to, and no reliance should be placed on, the accuracy or completeness of the information contained in this presentation. None of the Company or any of its subsidiaries or any of its shareholders or any of such person's directors, officers, employees and advisors nor any other person shall have any liability whatsoever for any loss howsoever arising, directly or indirectly, from any use of this presentation. The same applies to information contained in other material made available at the meeting.
• This document is selective in nature and is intended to provide an introduction to, and overview of, the business of the Company. Wherever external sources are quoted in this presentation, such external information or statistics should not be interpreted as having been adopted or endorsed by the Company as being accurate.

• This presentation contains forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which the Company operates. These statements generally are identified by words such as "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements, including but not limited to assumptions, opinions and views of the Company or information from third party sources, contained in this presentation are based on current plans, estimates, assumptions and projections and involve uncertainties and risks. Various factors could cause actual future results, performance or events to differ materially from those described in these statements. The Company does not represent or guarantee that the assumptions underlying such forward-looking statements are free from errors nor do they accept any responsibility for the future accuracy of the opinions expressed in this presentation. No obligation is assumed to update any forward-looking statements.
• By accepting this presentation, you acknowledge that you will be solely responsible for your own assessment of the market and of the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Company's business.

I n v e s t o r P r e s e n t a t i o n

A u g u s t 2 0 2 2

2 2

Highlights HY 2022

1

2

High demand due to construction investments

Stabilising input costs

Order backlog at a top level

Continued selective acquisition

3	HY EBT increased by 93%
Limited impact of cost pressures

4	Stable balance sheet
Net debt improvement. High liquidity reserves.

5	Outlook 2022: Earnings better than in 2021
On track to meet PORR 2025 goals

I n v e s t o r P r e s e n t a t i o n

A u g u s t 2 0 2 2

3

Strong Demand. Stabilisation in Costs.

EU Budget supports construction sector

2021 - 2027 EU Budget: EUR 2.0 tn

EUR 724 bn

Investment potential in construction EUR 791 bn

EUR 19 bn

EUR 48 bn

Recovery and Resilience Facility

Connecting Europe Facility (Transport and Energy)

Cohesion Fund

~40% for economic recovery, sustainable infrastructure and building renovation

Input cost hikes slowing down

400

350

300

250

200

150

100

50
12/20	03/21	06/21	09/21	12/21	03/22	06/22

	Oil			Bitumen (Austrian Index)
	Diesel			Steel - Hot Rolled Coil
	Steel - Rebar

Raw material prices surpassing the peak, headed by diesel price development

Infrastructure programmes providing	Smart procurement with centralisation
stimulus in home markets	and strong market position

Sources: European Commission, Thomson Eikon, Statistik Austria

I n v e s t o r P r e s e n t a t i o n

A u g u s t 2 0 2 2

4

European Market on the Move

Building construction

Residential construction on a high level despite increased interest rates remains

Structural change in non-residential construction to retail, storage, co-workingand industrial

Modernisation and revitalisation of buildings towards energy efficiency (incl. thermal insulation)

Civil engineering

EU investment programmes supporting infrastructure construction

Energy transition demands specialist civil engineering - speeded up by lack of gas supply

Emerging business models: geothermal energy, pipeline construction for digital transition

I n v e s t o r P r e s e n t a t i o n

A u g u s t 2 0 2 2

BIM: New Courts, DE

Revitalisation Wien Museum, AT

Power Plant Limberg III, AT

Expressway S2, PL