Inside Information Notice. Fitch Rating Upgrade “CCC+”

September 16, 2021

OBRASCÓN HUARTE LAIN, S.A. (“OHL” or the “Company”), pursuant to article 227 of the consolidated text of the Securities Market Act approved by Royal Legislative Decree 4/2015, of 23 October, hereby notifies the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores) (“CNMV”) the following

INSIDE INFORMATION NOTICE

Fitch Ratings has today upgraded OHLA Long-Term Issuer Default Rating (IDR) to “CCC+” from “RD” (i.e. Restricted Default).

This rating upgrade follows the analysis carried out by Fitch Ratings, reassigning a new rating to OHLA after the debt restructuring and capital increases carried out.

It is worth mentioning that, due commercial reasons, the contract with Fitch Ratings has been canceled.

Madrid, 16th September 2021