PORR AG: PORR AG examines the issuance of a hybrid bond

Vienna (pta017/29.11.2023/10:10 UTC+1)

PORR AG ("PORR" or the "Company") is currently examining the issuance of a hybrid bond in the financial year 2024, including the possibility of a buy-back offer for the hybrid bonds issued in 2020 and in 2021, as part of the optimization of its equity structure and has mandated Raiffeisen Bank International AG and M.M. Warburg & CO (AG & Co.) KGaA for this purpose.

A potential issuance of a hybrid bond in the coming year is intended to further strengthen the Company's balance sheet. The issue of a market-customary hybrid bond remains subject to the prevailing market situation at that time and the approval by the supervisory board.

Disclaimer:

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN.

This announcement is not a prospectus and does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for securities, a financial analysis or any advice or recommendation regarding any financial instruments. In line with foreign securities laws, particularly the US Securities Act of 1933, as amended ("Securities Act"), securities have not been registered and will not be registered with foreign securities authorities and in particular may not be offered or sold in the United States of America ("USA") without registration or an exemption from the registration requirements of the Securities Act. This announcement may not be disseminated in and/or within the USA, Australia, Canada or Japan or any other jurisdiction in which the distribution or dissemination may be unlawful and may not be distributed or forwarded to publications that are widely available in the USA.

If you have any questions, please contact

Karl-Heinz Strauss
CEO
PORR AG

T +43 50 626 1001
comms@porr-group.com

Klemens Eiter
CFO
PORR AG

T +43 50 626 1004
comms@porr-group.com

Press contact:

Melanie Manner
Press Officer & Media Relations

PORR AG
T +43 50 626 5867
comms@porr-group.com

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Emitter:	PORR AG Absberggasse 47 1100 Wien Austria
Contact Person:	Dir. Prok. Rolf Petersen
Phone:	050626-1199
E-Mail:	investor.relations@porr.at
Website:	www.porr-group.com
ISIN(s):	AT0000609607 (Share) AT0000A086F0 (Genussrecht) XS2113662063 (Bond) XS2408013709 (Bond)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade); Free Market in Frankfurt (Basic Board)