Ooredoo Announces Successful Settlement of Fully Marketed Secondary Global Offering with Enhanced Free Float and Broader Investor Base to Support Long-term Growth

Doha, Qatar - 24 November 2025: Ooredoo Q.P.S.C. (QSE: ORDS), an international communications Company operating across the Middle East, North Africa, and Southeast Asia, today announces the successful settlement and closing of the fully marketed secondary global offering of 160,480,320 existing ordinary shares previously held by Abu Dhabi Investment Authority (ADIA). The transaction was executed via an accelerated, fully marketed bookbuild and has now settled on the Qatar Stock Exchange. The offering increases Ooredoo’s free float on the Qatar Stock Exchange from approximately 22% to 27%, further broadening the Group’s international shareholder base and enhancing trading liquidity. The strong outcome reflects robust demand from high-quality institutional investors. Aziz Aluthman Fakhroo, CEO, Ooredoo, said: “The successful completion and settlement of this offering bring a wider set of long-term investors onto our register and enhances liquidity in our shares. The strong demand is a clear vote of confidence in Ooredoo’s strategy and execution as we position the company at the forefront of digital infrastructure across our markets. With an expanded free float, we expect improved market access and index representation, supporting value creation for all our shareholders.” As Ooredoo continues to deliver against its strategy to lead in digital infrastructure across the MENA region, the Group is advancing a focused portfolio and scaling platforms that power AI, cloud and next-generation connectivity: Advancing the creation of MENA Tower Group with Zain and TASC Towers, consolidating circa 30,000 towers to form the region’s largest tower company. Scaling Syntys, Ooredoo’s carrier-neutral, AI-ready data centre platform across MENA with a strategic partnership with Iron Mountain and rollout of sovereign AI cloud services on NVIDIA GPUs. Strengthening subsea connectivity via FIG, a next-generation system linking the GCC with Europe and Asia, and by landing 2Africa in Oman to enhance the region’s global connectivity. Continued portfolio focus and operational excellence to support sustainable growth and returns. The successful settlement supports Ooredoo’s long-term ambition to accelerate digital transformation across its markets by expanding access to international capital, improving share liquidity and strengthening the quality and breadth of its shareholder base. First of its kind in Qatar, the success of the deal also confirms the growing attractiveness of Qatar Stock Exchange to international investors as an investment destination.