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RBI cancels transaction over STRABAG shares, MKAO “Rasperia Trading Limited” remains shareholder of STRABAG SE

8 May 2024

As Raiffeisen Bank International AG is not pursuing the acquisition of the STRABAG shares, MKAO "Rasperia Trading Limited" remains a shareholder of STRABAG SE
STRABAG shares in Rasperia remain frozen

STRABAG SE has learnt from a recently published ad-hoc disclosure published by Raiffeisenbank International AG (RBI) that the latter has decided not to pursue the acquisition of STRABAG shares from MKAO “Rasperia Trading Limited” (Rasperia). According to the announcement, RBI was unable to obtain the “required comfort” from the relevant authorities in order to proceed with the planned transaction.

Rasperia thus remains a shareholder of STRABAG SE. The company is no longer controlled by Oleg Deripaska but by Iliadis JSC (Iliadis), according to a major holdings notification from March 2024. STRABAG is currently unable to assess whether RBI’s decision will affect the completion of the transaction in Russia announced by Iliadis.

As already announced on 27 March 2024, STRABAG continues to assume that the 24.1% share of STRABAG SE held by Rasperia remains frozen in accordance with the EU Sanctions Regulation.

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Marianne Jakl
Head of Corporate Communications, Spokeswoman

+43 1 22422 1174

pr@strabag.com

Marco Reiter
Head of Investor Relations

+43 1 22422 1089

marco.reiter@strabag.com

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 86,000 employees, we generate an annual output volume of around € 19 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.