Update on NNS Holding's Voluntary Offer for OCI

NNS Holding (Cyprus) Limited has announced its intention to proceed with a voluntary all-cash public offer for OCI Global N.V. shares. The offer is priced at EUR 4.10 per share and is waiting for approval from the Dutch Authority for the Financial Markets (AFM). NNS ensures it has sufficient funds to back the offer through available cash resources, covering both the offer and related expenses.

The offer is subject to certain conditions, such as obtaining necessary competition clearances and avoiding governmental prohibitions. Notably, the offer stands irrespective of the number of shares accepted, as it does not require a minimum acceptance threshold.

Irrevocable non-tender undertakings have been secured from specific shareholders, particularly the Sawiris family, safeguarding approximately 9.07% of OCI's issued share capital against acceptance of the offer.