PORR AG: Publication pursuant to sec 2 of the Publication Regulation (Veröffentlichungsverordnung)

Vienna (pta052/30.04.2024/15:15 UTC+2)

Revocation of the authorisation of the Management Board to acquire shares (eigene Aktien) in the Company as well as to redeem shares in the Company together with the new authorisation of the Management Board to acquire shares in the Company and to redeem shares in the Company

The 144nd ordinary shareholders' meeting of PORR AG, 1100 Wien, Absberggasse 47, on 30 April 2024 passed the following resolution to item 7 of the agenda:

The authorisation of the Management Board resolved in the Annual General Meeting on 17 June 2022 to acquire shares in the Company (eigene Aktien) [A1]pursuant to Section 65 para 1 No 4 and No 8 as well as para 1a and para 1b AktG as well as to redeem shares in the Company (eigene Aktien) is revoked and replaced by the following new authorisation of the Management Board:

The General Meeting authorises the Management Board for a period of 30 months from the date of the resolution pursuant to Section 65 para 1 No 4 and No 8 as well as para 1a and para 1b AktG, to acquire shares in the Company (eigene Aktien) up to the statutory limit of 10 % of the share capital, also repeatedly, considering shares in the Company (eigene Aktien) previously acquired. The consideration per share must not be lower than EUR 1.00 and must not exceed the average of the unweighted closing price on the ten stock exchange trading days preceding an acquisition by more than 10 %. Any acquisition may be carried out via the stock exchange or a public offer or other beneficial means permitted by law, including over the counter or by means of a negotiated purchase from individual shareholders intending to sell their shares and with exclusion of the proportional right of offer (Andienungsrecht) by shareholders. Furthermore, the Management Board is authorised to determine the respective repurchase conditions of any acquisition, whereby the Management Board shall publish its relevant resolution and the respective repurchase programme based thereon, including its duration, in accordance with the statutory provisions (in each case). This authorisation may be performed in full or in part in one or several tranches and for one or several purposes by the Company, a subsidiary pursuant to Section 189a UGB or by third parties for the account of the Company. Trading in shares in the Company (eigene Aktien) is excluded as the purpose of the acquisition. Finally, the Management Board is authorised, without further approval by the General Meeting, to redeem shares in the Company (eigene Aktien) with the approval of the Supervisory Board. The Supervisory Board is authorised to resolve on amendments to the Articles of Association resulting from the redemption of shares in the Company (eigene Aktien).

(Publication pursuant to Section 65 para 1a AktG and Section 119 para 9 BörseG 2018 in conjunction with Section 2 of the Publication Regulation 2018)

For further questions please contact:

Lisa Galuska

Leitung Investor Relations

PORR AG

T: +43 (0) 50 626 1765

ir@porr-group.com

[A1]Deutsche Klammerausdrücke aus den englischen Beschlussvorschlägen. Kann man aus meiner Sicht streichen

(end)

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) AT0000A39724 (Bond) XS2113662063 (Bond) XS2408013709 (Bond)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade); Free Market in Frankfurt (Basic Board)